There needs to be better engagement between the creative economy and those who fund it if the arts in Malaysia are to grow in an effective and meaningful way, says Izan Satrina Mohd Sallehuddin, the founder of the Cultural Economy Development Agency (Cendana).

Facilitating conversations between the arts and business

Failure is part and parcel of the entrepreneurial game, but not many entrepreneurs are able to bounce back after they have experienced their first defeat, a case of “once bitten, twice shy”.

Jimmy Lee, co-founder and CEO of Foodie Box Group and an angel investor, is not one of those peo...

Entrepreneurship: The price of integrity, the value of kindness

Here’s a funny farming fable: An officer from the income tax department pays a visit to an old farmer in a rural community. “Show me the list of all your employees and how much you pay them,” he demands.

“There are four employees,” the farmer says. “One is a plant picker and cleaner; he...

Econ 4.0: Why focus on farming?

Vaults. These expansive metal chambers are arguably the most recognisable trope of any self-respecting crime caper. And yet, for all the intrigue their imagery stirs, big screen bank vaults do not exactly inspire a sense of security as they seem to be constantly broken into with unerring ease.

Family Businesses: Safekeeping keepsakes

The future of agriculture will not only involve farmers but technology players as well. This will be essential especially in urban areas, where space is scarce but demand for fresh food is high.

To accelerate this revolution, Sunway Innovation Labs (iLabs) is launching Sunway FutureX Fa...

Agritech: Creating an innovative ecosystem for urban farming

In March, Aemulus Holdings Bhd was at its lowest ebb. The company, which specialises in semiconductor testing equipment, had a problem collecting payments from its customers in China and it was running out of money.

“Back in November 2019, the first thing I told my chief financial offic...

Cover Story: Coming out of the dark

The Musang King durian had its genome sequenced for the first time in 2017. The findings, which also identified the genes responsible for the fruit’s pungent odour, were published in a leading international journal and covered by news portals globally.

The research was done out of Singa...

Cutting Edge: Genome sequencing for all

The potential of artificial intelligence (AI) and machine learning (ML) is endless. Inference Tech Sdn Bhd CEO Izad Che Muda discovered this during his time as chief technology officer of Aerodyne Group, a provider of drone-based enterprise solutions.

This is because at Aerodyne, he was...

AI: Using AI to address worker safety, potholes and prescriptions

The movement control order (MCO) saw a lot of people losing their jobs. The publishing industry was not spared. But what Sean Teoh, the founder and chief executive officer (CEO) of Monster Alliance Bhd (MOPress), realised was that while a lot of companies were moving to digital, publishing platforms were looking for content other than articles.

MOPress to diversify into voice and video content to suit present demand

Fintech firm Juris Technologies (JurisTech) has acquired personal finance company Intelligent Money Sdn Bhd (iMoney) in an effort to develop end-to-end solutions for its enterprise clients.

JurisTech acquires financial comparison site iMoney

Here is an atypical Covid-19 story. After finishing online classes for a bunch of business management students, the professor announced on the day of the exam: “Although I did not see you in person, I believe you attended my online classes regularly, took notes diligently and worked on projects h...

Econ 4.0: What hath Covid-19 wrought?

The once controversial Goods and Services Tax (GST) could be making a return. Multiple sources have informed Enterprise that the tax regime could be announced during the tabling of Budget 2021, slated for November.

“In fact, the reason the announcement was moved from its traditional Oct...

Taxation: GST on the horizon?

Like most companies linked to the tourism industry, Flexiroam Sdn Bhd — a company founded in Malaysia and listed on the Australian Securities Exchange that provides mobile roaming packages for travellers in 150 countries — saw its business decimated in the face of the Covid-19 pandemic, when trav...

Entrepreneurship: Love and connection

In the past, the customising or personalising of products was reserved for high-end luxury brands. Having your name engraved on a journal or lipstick, along with a handmade label, represented prestige and class.

However, general manufacturing costs have gone down due to economies of sca...

Cover Story: Getting personal

Japanese companies delivered the biggest wage hikes in three decades this year, the nation's largest union said on Wednesday, prompted by labour shortages and an inflationary squeeze on household income.

Workers' monthly pay will rise 5.1% on average this fiscal year, according to a survey of companies conducted since March by union group Rengo, which has about seven million members.

Japanese firms deliver biggest pay hikes in 33 years, union survey shows

KUALA LUMPUR (July 3): The government is considering creating a unique model of Ombudsman Malaysia that combines the Public Complaints Bureau and the Enforcement Agency Integrity Commission (EAIC), the Dewan Rakyat was told on Wednesday.

Govt considers creating unique model of Ombudsman Malaysia

Shares in WCT Holdings Bhd (KL:WCT) jumped to their highest in nearly five years on Wednesday after Malton Bhd (KL:MALTON), a company related to WCT's largest shareholder Tan Sri Desmond Lim Siew Choon, bought a piece of land in Genting Highlands to build serviced apartments and luxury villas.

WCT surges to near five-year high after linked-company Malton buys Genting Highlands land

Chinese officials boarded and then seized a Taiwanese fishing boat operating near China's coast close to a Taiwan-controlled island late on Tuesday and took it to a Chinese port, Taiwan's Coast Guard said, in a further escalation of tensions.

Taiwan says China seizes fishing boat near its coast

Global Infrastructure Partners (GIP) has expressed its willingness to be a minority shareholder in Malaysia Airports Holdings Bhd (MAHB) (KL:AIRPORT) and to relinquish its shareholding within a short time frame, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

GIP willing to swiftly relinquish MAHB stake — Amir Hamzah

The German government has blocked the sale of a gas turbine business owned by MAN Energy Solutions to a state-owned Chinese shipbuilding company over national security concerns, according to people familiar with the matter.

Germany blocks sale of gas turbine unit to Chinese shipbuilder

Singapore stocks rose to the highest level in two years, helped by optimism over major banks’ dividend payouts and elevated Federal Reserve interest rates hopes.

Singapore stocks jump to two-year high as DBS, OCBC hit records 

Minetech Resources Bhd (KL:MINETEC) has secured a contract to undertake the proposed upgrading and construction of an external road and drainage system for a subsidiary of Mah Sing Group Bhd (KL:MAHSING) in Mukim Batu, Kuala Lumpur, for RM16.10 million.

Minetech secures RM16.1m contract for KL road, drainage upgrading work

The Pentagon has a problem: How does one of the world’s largest employers avoid doing business with companies that rely on China’s Huawei Technologies Co, the world’s largest telecommunications provider?

Pentagon has a Huawei dilemma the US Congress doesn’t want to solve

The Kedah Department of Environment (DOE) detected a recycling factory suspected of processing used plastic into fish feed pellets, in an industrial area here, on Wednesday.

Kedah factory caught recycling plastic into fish feed pellets, says Nik Nazmi

The High Court on Wednesday dismissed former prime minister Datuk Seri Najib Razak's bid to serve the remainder of his sentence under house arrest.

High Court tosses out Najib's bid to serve sentence under house arrest

Shares in WCT Holdings Bhd (KL:WCT) jumped to their highest in nearly five years on Wednesday after Malton Bhd (KL:MALTON), a company related to WCT's largest shareholder Tan Sri Desmond Lim Siew Choon, bought a piece of land in Genting Highlands to build serviced apartments and luxury villas.

Go Hub Capital Bhd (KL:GOHUB) surged 128.57% in its trading debut on Wednesday after the information technology (IT) services provider’s initial public offering (IPO) on the ACE Market raised RM37.5 million.

Go Hub surges 171% to 95 sen on first day of listing on ACE Market

KUALA LUMPUR (July 3): ViTrox Corp Bhd (KL:VITROX) will grapple with the challenging industry outlook, even as profits may improve in the second quarter of 2024, Maybank Investment Bank (Maybank IB) flagged and told investors to now sell the stock.

Vitrox faces tough outlook, Maybank IB cuts to sell

National carmaker Proton Holdings Bhd said on Wednesday its car sales fell 23% in June from a year earlier, largely due to a planned plant shutdown that dragged on deliveries.

Proton's car sales down 23% in June as plant shutdown drags

Kenanga Research has maintained its “overweight” rating on the technology sector and said that following six consecutive months of year-on-year (y-o-y) growth in semiconductor sales (November 2023 to April 2024), Malaysian players — which are mostly at the back end — are beginning to feel the positive impact.

Kenanga stays 'overweight' on technology sector, sees improving order visibility

Hong Leong Investment Bank (HLIB) has advocated investors buy Velesto Energy Bhd (KL:VELESTO) on weakness, in anticipation of strong earnings in the coming quarters amid persistent jack-up (JU) rig crunch in Southeast Asia.

HLIB tells investors to buy Velesto on weakness

Indonesian billionaire Anthoni Salim’s holding company Tamaris Infrastructure is in advanced talks with Malayan Banking Bhd (Maybank) and Natixis SA for a US$300 million (RM1.42 billion) loan, according to people familiar with the matter.

Billionaire Salim’s unit is in talks for US$300 mil bank loan

Mah Sing Group Bhd (KL:MAHSING) is acquiring land in Taman Desa, Kuala Lumpur for RM108 million which will be developed into serviced apartments and residential projects. &nbsp;

The planned development is estimated to have a gross development value of RM1.01 billion.

Mah Sing plans RM1b project on Taman Desa land it buys for RM108 mil

Malaysia Rail Link Sdn Bhd (MRL), the project owner of the RM50 billion East Coast Rail Link (ECRL), will form an operating company with the main contractor, China Communications Construction Co Ltd (CCCC), to manage the train services.

Malaysia Rail Link to form operating company with China's CCCC to manage ECRL — Loke

The Securities Commission Malaysia (SC) has updated its Investor Alert List.

SC adds four potential clones to Investor Alert List

Inari Amertron Bhd (KL:INARI) topped the list with the highest net short position with 54.72 million shares shorted as of July 2, according to data from Bursa Malaysia.&nbsp;

Analysts and fund managers contacted by The Edge attributed Inari’s net short positions to hedging, arbitrage by sophisticated traders and profit-seeking activities.

Inari Amertron tops Bursa Malaysia's shorted shares list 

Mobile network operators (MNOs) will not be allowed to hold equity in both entities under the 5G dual wholesale network model, said Deputy Communications Minister Teo Nie Ching.

Mobile network operators prohibited from holding equity in both 5G networks, says Teo

KUALA LUMPUR (July 3): Gold has performed remarkably well in 2024, rising by 12% year-to-date and outpacing most major asset classes, according to the World Gold Council (WGC) in its Gold Mid-Year Outlook 2024 report.

Gold appears to be waiting for a catalyst, says World Gold Council

KUALA LUMPUR (July 3): Former attorney general (AG) Tan Sri Tommy Thomas'&nbsp;application to strike out Tan Sri Shahrir Abdul Samad's malicious prosecution suit against him and three others has been dismissed.

Tommy Thomas loses bid to strike out Shahrir Samad's malicious prosecution suit

Malaysia's government bond supply may slow in the second half and be on track to fall for the full year of 2024 amid smaller deficit financing requirements and strong investor demand, analysts said.

Malaysia govt bonds supply may slow in second half of 2024

After seven long years in court, the family of the late Tan Sri Dr Jamaludin Jarjis have come to an amicable settlement over matrimonial property worth RM2.1 billion.&nbsp;

The case was filed in 2018 by Jamaludin’s widow, Puan Seri Dr Kalsom Ismail, against her four children and 90-year-old mother-in-law, for the various properties.&nbsp;

Family of Jamaludin Jarjis reach settlement in RM2.1b asset dispute case

KUALA LUMPUR (July 3): RHB Retail Research said Sin-Kung Logistics Bhd (KL: SINKUNG) is attempting to stage a bullish breakout, testing the immediate resistance.

In a trading stocks note today, the research house said that the counter has been consolidating sideways beneath the 17 sen r...

Sin-Kung attempting to stage a bullish breakout, says RHB Retail Research 

theedgemalaysia.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close on Wednesday. Three stocks showed positive momentum, while six stocks showed negative momentum.

Techbond, Techbase, WCT, K-One, Protasco, Mycron, Yong Tai, Salcon, Jasa Kita

PLUS Malaysia Bhd and Petronas Dagangan Bhd (KL:PETDAG) are collaborating to develop the country's first commercial hybrid stations along national highways, with the Klang Valley identified as the pilot location.

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