KUALA LUMPUR (Nov 28): Airo makes its official entry into the fintech arena, positioned as Malaysia’s first actively managed digital investment platform/robo-advisor.

Airo launches Malaysia’s first actively managed robo-advisor

KUALA LUMPUR (Nov 20): The recent weakness in semiconductor stocks due to it being in a down cycle presents an opportunity for investors to build positions for the long term, said Takeshi Kawamoto, senior equity analyst of Nomura Asset Management UK.

Semiconductor down cycle presents good long-term opportunities, says Nomura’s Kawamoto

KUALA LUMPUR (Nov 7): A different type of private retirement scheme (PRS), termed as the algorithm-based PRS, will be launched in the market to encourage Malaysians, especially the younger generation to save early for retirement.

Algo-based PRS: A new retirement solution

The Employees Provident Fund (EPF) is looking into restructuring the account of its members to introduce a new mechanism for saving and withdrawal, and to align the withdrawal age of its members with their minimum retirement age.

EPF looking into restructuring its members’ account and more

KUALA LUMPUR (Oct 9): Malaysians are set to officially welcome its fifth digital asset exchange (DAX) or cryptocurrency trading platform in the first quarter of 2024.

Ex-Luno general manager to launch new digital asset exchange

KUALA LUMPUR (March 7): Women in Asia are taking the reins in building their financial security though investing, and thus challenging the view that Asia compared to the West is still a patriarchal society.

Rising number of women investors can reshape economies

Last November, the local fund management industry saw a new kid on the block in Cross Light Capital Sdn Bhd. So what, you may ask. New fund management companies crop up every now and then. But this one claims to be different.

New kid on the block

Malaysians who rely on fixed deposits (FDs) to fund their retirement have been encouraged by financial planners to diversify into other investment instruments in view of interest rates that are expected to stay low. This does not mean investing only in conservative assets such as bond funds but a...

Investing: How can retirees diversify out of FDs?

In Malaysia, the advent and development of fintech has led to a growing number of investors turning to digital means to invest their funds. Despite this, the majority of local investors still prefer interacting with a human being in guiding their investment decisions, according to the Federation ...

Industry: Investors still prefer human interaction for UTS and PRS products, says FIMM

At the turn of the century, Danny Ng used most of his savings to acquire Fibromat (M) Bhd, a soil erosion control product manufacturer and supplier. Through grit and sheer tenacity, he grew the company, eventually leading it to a listing on the Leading Entrepreneur Accelerator Platform (LEAP) Mar...

Cover Story: Driven by a hunger for success

The value of Malaysian households’ gross financial assets rose 6.5% in 2019, higher than the 5.1% recorded in the previous year, according to The Allianz Global Wealth Report 2020 published on Sept 28.

The press release accompanying the report states that the increase was mainly driven ...

Trends: Malaysian households increasingly richer, says Allianz report

Investors should be mindful of the wide gap between the performance of growth and value stocks, as it is one of the key investment risks in the post-Covid-19 landscape, said Affin Hwang Asset Management Bhd managing director Teng Chee Wai at the first instalment of The Edge-Citigold Weal...

The Edge-Citigold Wealth Webinar Series 2020: Wide gap between performance of value and growth stocks

Hey you. Yes, you. The young fella standing there and smiling smugly. You are doing great. And generating a steady source of income, diligently following the Warren Buffett mantra to “not save what is left after spending but spend what is left after saving”. You have been saving 15% of your salar...

Pitfalls & Pitch calls: A decade on – a note to my younger self

Prior to becoming an investor, Dr ­Anthony Lawrence, venture partner and mentor at angel network and venture capital (VC) firm NEXEA, spent eight years working as a doctor. While he enjoyed being in the medical profession, he also harboured an interest in investing in businesses.

So, wh...

TheWall: Making the switch from doctor to investor

MORNING CALL: 21/1/25

Malaysian Resources Corp Bhd (KL:MRCB) is said to have won the bid for the Ipoh Railway Station Integrated Development Plan (iRide) project, which will be inked on Thursday (Jan 23) in Ipoh, Perak, according to sources.

MRCB wins bid for Ipoh Sentral, say sources 

The dollar fell as Donald Trump was sworn in as US president, with traders betting that he’d hold off on implementing aggressive tariffs immediately after his Inauguration.

US dollar tumbles on bets Trump holds off on immediate tariffs

European Union finance ministers agreed on Monday to stay united in their approach to the new U.S. administration and that a more competitive EU economy was the best protection from potential transatlantic economic challenges, EU diplomats said.

EU ministers agree on unity in approach for deeper US ties

Asian markets are set to rise in early trading after President Donald Trump held off from imposing sweeping trade tariffs on his first day in office.

Asian stocks set to climb as Trump’s tariff threat wanes

President Donald Trump held off unveiling China-specific tariffs on his first day on office, instead ordering his administration to address unfair trade practices globally and investigate whether Beijing had complied with a deal signed during his first term.

Trump holds off on immediate China tariffs, calls for study 

Yinson Production Offshore Pte plans to allocate $4.5 billion to $6 billion (RM20.2 billion to RM30 billion) capital expenditure in the next three years to expand ahead of a possible initial public offering in the US.

Yinson FPSO unit to allocate up to US$6 billion in capex

Wall Street breathed a collective sigh a relief after Donald Trump held off from imposing China-specific tariffs on his first day in office, pushing US equity futures higher. The dollar slumped.

Tariff relief lifts S&P futures as Trump sworn in

President-elect Donald Trump has selected junior CFTC Commissioner Caroline Pham as acting chair of the swaps and derivatives regulator, according to people familiar with the matter.
 
The five members of the Commodity Futures Trading Commission (CFTC) voted on Monday to confirm Pham as acting chair, said the people, who asked not to be identified since the appointment hadn’t yet been publicly announced.

Trump picks Caroline Pham to serve as acting CFTC chair

President Vladimir Putin said Russia’s ready for talks with the US on the war in Ukraine as he offered congratulations to incoming President Donald Trump on his inauguration.

“We congratulate the US president-elect on taking office,” Putin said on Monday at a televised meeting of his security council ahead of the inauguration in Washington.

Putin says Russia is open to dialogue on Ukraine with Trump

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.

MAHB, 7-Eleven, Fajarbaru, Datasonic, Scanwolf, UUE, SkyWorld, Mieco, Maxland 

The federal government and five others have filed a prohibitory and gag order barring the public from discussing openly&nbsp;the purported addendum seeking to allow former prime minister Datuk Seri Najib Razak to serve the remainder of his six years' jail sentence&nbsp;under house arrest.

Govt files application for a gag and prohibitory order on purported addendum for Najib's house arrest

Gateway Development Alliance Sdn Bhd (GDA), the consortium of three entities offering to take Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT) private at RM11 per share, revised one of the conditions for the offer on Monday.

It dropped the acceptance level to 85%, from the 90% stated in the offer document that was issued on Dec 6, 2024.

What GDA's revision in terms means to MAHB’s privatisation

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EVENING 5: Five things you need to know today

Investors prepared to welcome&nbsp;Donald&nbsp;Trump's&nbsp;second inauguration, anticipating benefits from his pro-business agenda, while remaining wary of his protectionist trade policies, particularly&nbsp;his stance on tariffs.

Markets optimistic as Trump returns to White House

Timber firm Maxland Bhd (KL:MAXLAND) has inked a formal deal to collaborate with data processing services provider GDC Data Sdn Bhd to jointly venture into data centre development in Kulim, Kedah.

Maxland inks deal with GDC Data for data centre development collaboration

Malaysian Resources Corp Bhd (KL:MRCB) is said to have won the bid for the Ipoh Railway Station Integrated Development Plan (iRide) project, which will be inked on Thursday (Jan 23) in Ipoh, Perak, according to sources.

The dollar fell as Donald Trump was sworn in as US president, with traders betting that he’d hold off on implementing aggressive tariffs immediately after his Inauguration.

Wall Street breathed a collective sigh a relief after Donald Trump held off from imposing China-specific tariffs on his first day in office, pushing US equity futures higher. The dollar slumped.

Chin Teck Plantations Bhd (KL:CHINTEK) posted a 56.66% year-on-year rise in first-quarter net profit, lifted by higher prices and share of results of associates and joint ventures (JVs).

Chin Teck Plantations' 1Q profit up 57% on higher prices, share of JV results

President-elect Donald Trump has selected junior CFTC Commissioner Caroline Pham as acting chair of the swaps and derivatives regulator, according to people familiar with the matter. 
&nbsp; 
The five members of the Commodity Futures Trading Commission (CFTC) voted on Monday to confirm Pham as acting chair, said the people, who asked not to be identified since the appointment hadn’t yet been publicly announced.

Southeast Asian cell tower firm EdgePoint Infrastructure is looking to expand its portfolio to over 20,000 towers in two to three years from around 15,000 currently, its chief executive told Reuters.

CEO and co-founder Suresh Sidhu said on Monday that the company, which is backed by US-listed DigitalBridge, would expand in Indonesia, Malaysia and the Philippines, markets where it already has a presence.

DigitalBridge-backed EdgePoint aiming to add more than 5,000 telco towers

Yinson Production Offshore Pte plans to allocate $4.5 billion to $6 billion (RM20.2 billion to RM30 billion) capital expenditure in the next three years to expand ahead of a possible initial public offering in the US.

Tex Cycle Technology (M) Bhd (KL:TEXCYCL) said it is collaborating with waste management and recycling company Xantara Sdn Bhd to enhance scheduled waste management capabilities and expand business opportunities.

Tex Cycle partners with Xantara to enhance scheduled waste management capabilities

Outgoing&nbsp;Chief Justice Tun Tengku Maimun Tuan Mat on Monday emphasised the importance of judicial leaders maintaining courage and staying steadfast in their pursuit of justice.&nbsp;

Chief justice urges judicial leaders to uphold courage in championing justice

President Donald Trump held off unveiling China-specific tariffs on his first day on office, instead ordering his administration to address unfair trade practices globally and investigate whether Beijing had complied with a deal signed during his first term.

Economic fears have escalated into grievances among 60% of people, with many believing hostile actions such as violence can be necessary to bring about change, according to a global poll by communications firm Edelman.

Economic grievances fuel support for hostile actions, Edelman global survey shows

Malaysian Prime Minister Datuk Seri Anwar Ibrahim met leaders of the European Union (EU) at the Europa Building here on Monday.

Upon arriving at the seat of the European Council and Council of the European Union, Anwar, who is here on a two-day working visit to Belgium, met with Kaja Kallas, the High Representative of the Union for Foreign Affairs and Security Policy cum Vice-President of the European Commission.

Anwar meets EU leaders to strengthen Malaysia-EU ties, regional cooperation

US President Joe Biden granted preemptive pardons to leading government officials that president-elect Donald Trump has threatened to punish, fending off potential retribution by his successor against those he has labelled as political enemies.

Biden pardons Milley, Fauci, Cheney and other Trump targets

Malaysia and the European Union (EU) have not set any time frame to conclude their negotiations for the Malaysia-EU Free Trade Agreement (MEUFTA).

Prime Minister Datuk Seri Anwar Ibrahim, however, said both parties agreed to accelerate the negotiations.

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