The unity government is determined to increase the people's income in the second year of its administration next year, said government spokesman Fahmi Fadzil.

Fahmi: Unity govt focused on increasing people's income in second year of administration

The Attorney General's Chambers (AGC) has discontinued its appeal against senior lawyer Tan Sri Muhammad Shafee Abdullah's acquittal in his money-laundering case involving RM9.5 million allegedly received from imprisoned former prime minister Datuk Seri Najib Razak, as well as making false declarations to the Inland Revenue Board.

Shafee's acquittal stands in RM9.5m money-laundering case as AGC discontinues appeal

The election results for the Gua Musang parliamentary seat last year, which saw the victory of Mohd Azizi Abu Naim from Parti Pribumi Bersatu Malaysia, stand.

Federal Court dismisses BN's appeal to reinstate Gua Musang election petition

Proton Holdings Bhd aims to increase its production volume to 500,000 units by 2035, of which 50% or 250,000 units will be for the export market, according to deputy chief executive officer Roslan Abdullah.

Proton surpasses last year’s sales volume with strong November performance

A stocks rally in firms owned by Gautam Adani has added US$10 billion (RM46.5 billion) to his net worth in the past week after India’s top court concluded hearings in a lawsuit where the markets regulator is probing wide-ranging allegations of corporate malfeasance against the conglomerate.

Gautam Adani’s wealth swells by US$10b on relief rally

(Dec 4): Iranian-backed Houthi rebels claimed they targeted “two Israeli ships” in the Red Sea, part of a series of attacks against commercial vessels in international waters on Sunday during which the US said one of its destroyers shot down three drones.

The USS Carney responded to dis...

US warns Iran-backed Houthis after Red Sea shipping attacks

The Malaysian Bar has initiated judicial review proceedings at the High Court here to challenge former attorney general Tan Sri Idrus Harun's decision on Sept 4, 2023 to apply for a discharge not amounting to an acquittal (DNAA) in the case involving 47 charges against Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

Malaysian Bar files for review of Zahid's conditional discharge

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi on Monday refuted speculation that he has cancer and will resign as Umno president.

Zahid denies suffering from cancer, stepping down as Umno chief 

Malaysian banks will overcome external headwinds to deliver a resilient operating performance in 2024, according to S&P Global Ratings.

M'sian banks will overcome headwinds to deliver a resilient performance in 2024, says S&P

The government is looking at releasing more net energy metering (NEM) quotas for rooftop solar installations for residential, commercial and industrial buildings before the year ends, as the existing quota that was expanded this year was taken up last week.

Govt to announce new NEM quota as private rooftop solar allotment fully taken up

PAS retained the Kemaman seat when its candidate Datuk Seri Dr Ahmad Samsuri Mokhtar won the by-election held for the parliamentary constituency on Saturday.

PAS retains Kemaman parliamentary seat

The polling process for the Kemaman parliamentary by-election, which began at 8am on Saturday, concluded at 6pm when all 49 polling centres were closed.

All ballot boxes from the polling centres, involving 244 streams, will be taken to the vote-tallying centre at Dewan Berlian Utama, Kemaman Municipal Council here.

Kemaman by-election: Voting ends, vote-tallying process begins

Senior lawyer Tan Sri Muhammad Shafee Abdullah is not among the 16 candidates elected to the Bar Council for the 2024/2025 term, after placing 22nd out of the 39 candidates who contested.

Najib’s lawyer Shafee not among those elected to Bar Council for 2024/2025; Fahri Azzat tops polls

The government will revive the town hall session which will serve as a platform for ministries and secretaries general (KSU) to inform people about measures and actions taken in response to the findings of the Auditor General’s Report.

Mohd Zuki: Govt to revive town hall session to clarify issues raised in AG's Report

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (Dec 5)

BENGALURU (Dec 5): India's Adani Green Energy said on Tuesday that it has received a follow-on funding of US$1.36 billion via a green loan from an international bank consortium, to help the company expand its renewable power capacity.

India's Adani Green secures additional US$1.36 bil loan

Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp and Exxon Mobil Corp didn’t join in.

Chevron, Exxon opt out of funding COP28 methane-cutting fund

Ratings agency Moody's on Tuesday cut its outlook on China's government credit ratings to negative from stable, citing lower medium-term economic growth and ongoing downsizing of the property sector.

Moody's cuts China's credit outlook to negative

BENGALURU (Dec 5): The South Korean won led losses among weak Asian currencies on Tuesday, and equities were subdued, after traders recalibrated interest rate cut bets from the US Federal Reserve as they awaited a key jobs report.

Most Asian FX, equities fall as traders pare back Fed rate cut bets

Allowing the import of completely built-up (CBU) cars with small engine capacity will lead to the dumping of such vehicles in the local market and hamper the government’s goal of developing the local automotive industry, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.

Allowing import of CBU cars with small engine capacity will hurt local industry — Miti

WORLDWIDE Holdings Bhd, the sanitary landfill operator owned by Perbadanan Kemajuan Negeri Selangor (PKNS), is building up its portfolio of waste-to-energy (WTE) plants, with its latest win being the Bukit Payong WTE project in Batu Pahat, Johor.

According to a Worldwide spokesperson, t...

PKNS-owned Worldwide builds up WTE assets, adds Bukit Payong project to portfolio

The Klang Valley office market saw positive net absorption in 3Q2023, indicating a sustained and growing demand for such space despite a slowdown in economic expansion, according to Knight Frank Malaysia executive director (office strategy and solution) Teh Young Khean when presenting The Edg...

 The Edge Malaysia | Knight Frank Kuala Lumpur and Selangor Office Monitor 3Q2023: Sustained and growing demand for Klang Valley office space in 3Q2023

Kinergy Advancement Bhd (KAB) has been appointed as a sub-contractor to undertake electrical, telephone, and extra low voltage (ELV) services for the M Nova residential development in Kepong, Kuala Lumpur, worth RM31.04 million.

Kinergy Advancement appointed sub-contractor for electrical works worth RM31 mil

The upcoming visit of Prime Minister Datuk Seri Anwar Ibrahim to this duty-free island on Thursday (Dec 7) has ignited hope and anticipation among residents and the business community.

University Malaysia Sabah (UMS) senior lecturer Assoc Prof Romzi Ationg expressed the collective sentiment, stating that the people of Labuan are eager to hear concrete solutions for the economic slowdown that has affected the island.

Labuan anticipates Prime Minister’s visit for economic solutions, infrastructure improvement

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

&nbsp;KUALA LUMPUR (Dec 5): Nvidia Corp chief executive officer Jensen Huang is expected to make his maiden visit to Malaysia this week.&nbsp;

Nvidia boss Jensen Huang to make maiden visit to Malaysia

Kuala Lumpur Kepong Bhd (KLK) secured its first sustainability-linked loan (SLL) of RM500 million for the group’s general working capital requirements from Maybank, marking a significant milestone for both groups in pursuit of their sustainable development practices.

KLK secures RM500 mil sustainability-linked loan from Maybank 

The Attorney General's Chambers (AGC) has discontinued its appeal against senior lawyer Tan Sri Muhammad Shafee Abdullah's acquittal in his money-laundering case involving RM9.5 million allegedly received from imprisoned former prime minister Datuk Seri Najib Razak, as well as making false declarations to the Inland Revenue Board.

MIDF Research has downgraded its stance on the consumer sector to "neutral"&nbsp;from "positive", amid fears that growing inflationary pressures will curtail discretionary spending by households, leading to tighter spending on durable items.&nbsp;

MIDF downgrades consumer sector to 'neutral' amid recession fears, but names QL Resources and F&N as top picks

Public-listed companies (PLCs) in Malaysia will soon have to use the Bursa Malaysia ESG Reporting Platform to comply with mandatory sustainability disclosures set by Bursa Malaysia Securities Bhd.&nbsp;

Bursa Malaysia introduces mandatory ESG reporting platform for PLCs

Doubts over BYD Co’s sales targets and smart-car capabilities drove a US$12 billion (RM56.07 billion) selloff in the Chinese electric-vehicle (EV) maker last month, even as it draws closer to Tesla Inc as the industry’s top seller.

BYD growth status in doubt after US$12 bil selloff

Telecommunications companies (telcos) are expected to explore internet facilities through satellite to device mobile services, so that it can be easily accessed everywhere, especially for areas that do not have internet access.

Telcos expected to provide internet facilities via satellite directly to devices by 2025, says Fahmi

Proton Holdings Bhd aims to increase its production volume to 500,000 units by 2035, of which 50% or 250,000 units will be for the export market, according to deputy chief executive officer Roslan Abdullah.

KUALA LUMPUR (Dec 5): RHB Retail Research said Muhibbah Engineering (M) Bhd may rebound further, after pushing above the 21-day SMA line while heading towards the 80 sen mark.

In a trading stocks note on Tuesday, the research house said if a breakout above that level happens, the renewe...

Muhibbah Engineering may rebound further, says RHB Retail Research 

A gauge of global stocks fell for the first time in five sessions on Monday while Treasury yields rose as investors awaited US&nbsp;labour market data to gauge the likely route of the Federal Reserve's rate policy.

Stocks pull back after rally with jobs data eyed, yields climb

Communications and Digital Minister Fahmi Fadzil has advised the public not to be duped by scammers providing cash-out&nbsp;of eMadani credit of RM100.

Don't be duped by scammers providing eMadani cash-out, Fahmi warns

Pharmaniaga Bhd, whose share price has fallen more than 40% since the start of the year, is not expected to make further provisions in the future, according to Kenanga Investment Bank Bhd.

Kenanga says no further provisions for Pharmaniaga; FY2024 earnings to rebound to pre-Covid-19 level

Building support services provider KJTS Group Bhd has inked an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

KJTS signs underwriting agreement with HLIB for ACE Market listing

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

SC adds five entities to Investor Alert List, two being potential clones

The election results for the Gua Musang parliamentary seat last year, which saw the victory of Mohd Azizi Abu Naim&nbsp;from Parti Pribumi Bersatu Malaysia, stand.

Global semiconductor industry sales are projected to reach US$588.4 billion (RM2.75 trillion) in 2024, according to the US-based Semiconductor Industry Association (SIA).

Global semicon sales projected to reach US$588.4 bil in 2024, says SIA

KUALA LUMPUR (Dec 5): EcoFirst Consolidated Bhd (EcoFirst) has awarded a RM389 million contract to China State Construction Engineering (M) Sdn Bhd for the superstructure works of serviced apartment KL48 in Chan Sow Lin, Sungai Besi.

EcoFirst awards RM389 mil superstructure works contract to China State Construction Engineering

The ringgit opened slightly lower against the US dollar in early trade on Tuesday due to the lack of demand as the US Dollar Index (DXY) continued to strengthen.

Ringgit opens slightly lower against US dollar

Thousands of protesters gathered in New Zealand's city squares, motorway over-bridges and in front of the country's parliament on Tuesday to protest the new government's policies that they believe are racist.

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