A witness in the criminal trial of Mentega Terbang film director  Khairi Anwar Jailani and producer Tan Meng Kheng testified that the film offended and hurt her feelings as a Muslim.

Witness tells court ‘Mentega Terbang’ film insults Islam

Hundreds of opposition party demonstrators marched to India's Supreme Court on Monday to protest the removal of millions of names from voter lists that has sparked days of unrest in the Indian capital and challenged Prime Minister Narendra Modi.

India opposition parties march to Supreme Court against election chief

IJM Corporation Bhd (KL:IJM) has secured a RM1.23 billion contract from AT&S Austria Technologie & Systemtechnik (Malaysia) Sdn Bhd to construct semiconductor manufacturing facilities at the Kulim Hi-Tech Park in Kedah.

IJM bags RM1.23 bil contract to build AT&S semiconductor manufacturing facilities in Kedah

The government should consider corporatising the Customs Department so that it would have more autonomy to improve the efficiency of tax collection, said KPMG Malaysia tax policy adviser Dr Veerinderjeet Singh.

Govt should mull corporatising Customs Dept to boost tax collection, says KPMG policy adviser

Infomina Bhd (KL:INFOM)’s wholly owned subsidiary, Infomina Jalan K.K., has renewed its five-year software subscription and maintenance contract worth ¥855 million (about RM22.1 million) with Panasonic Digital Co Ltd.

Infomina renews RM22.1 mil contract with Panasonic Digital

The government is open to looking into the suggestion that a portion of foreign worker levy collections be used to fund mechanisation to reduce reliance on foreign labour, said Treasury secretary general Tan Sri Johan Mahmood Merican.

Govt willing to consider use of foreign worker levies to fund mechanisation, says Treasury secgen

Jelutong MP RSN Rayer on Monday called for Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi to be charged again in the Yayasan Akalbudi corruption case.

DAP MP calls for Zahid to be charged again in Yayasan Akalbudi case

Oil and gas services provider Deleum Bhd (KL:DELEUM) has entered into a heads of agreement (HOA) to sell its 86.67% stake in Deleum Technology Solutions Sdn Bhd (DTS) to Ocean Vantage Holdings Bhd (KL:OVH) for RM13 million cash.

Deleum plans RM13 mil disposal of technology solutions unit to Ocean Vantage

Steel manufacturer Malaysia Steel Works (KL) Bhd (KL:MASTEEL) plans to acquire a 51% stake in high-voltage electrical engineering firm for RM12 million to expand into power infrastructure and data centre construction, as well as place out nearly 4% of its issued share base to raise up to RM5.78 million for working capital.

Masteel to acquire 51% stake in power infrastructure firm for RM12 mil

(Oct 12): Heathrow Airport said on Monday that its expansion plans have won the backing of trade unions, airlines, regional airports ​and investors as the British Parliament reviews a ‌project for a third runway at the UK's busiest airport.

Heathrow CEO Thomas Woldbye is due to giv...

UK's Heathrow rallies support for third runway as Parliament weighs expansion plans

KUALA LUMPUR (Oct 12): Genting Bhd (KL:GENTING) fell to its lowest in nearly two decades after the gaming conglomerate announced a RM1.25 billion cash call to pare down borrowings.

Genting falls 23% to 2007 lows after over RM1 bil cash call 

KUALA LUMPUR (Oct 12): The High Court on Monday fixed June 14 next year for case management over the Malaysian Bar’s legal challenge against the Attorney General’s decision to drop its investigation against Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi in the Yayasan Akalbudi case.

Bar's challenge to AG’s decision to drop Zahid probe on hold pending apex court ruling

AirAsia (KL:AAGB) co-founder Tan Sri Tony Fernandes met with officials from Malaysia's Finance Ministry two weeks ago to discuss potential government support for Southeast Asia's largest low-cost airline, said three people with knowledge of the matter.

AirAsia in talks with govt over potential funding support — Reuters

RHB Research sees value emerging in Malaysian property stocks after the recent sell-off, with the sector now trading at a 60% discount to their revalued net asset value (RNAV), wider than the 50% in May.

RHB sees value in battered property stocks, now at a 60% discount to asset value

KYIV/WASHINGTON (Oct 11): US President Donald Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday that he said was "effective immediately", but Ukrainian leader Volodymyr Zelenskiy said he was still waiting to see details of the deal.

Trump announces Ukraine energy ceasefire with Russia, surprising Zelenskiy

AS the life expectancy of Malaysians increases, Putrajaya is aiming for at least 60% of Employees Provident Fund (EPF) members to meet the Basic Savings benchmark of RM390,000 by age 60 by 2030. However, the government acknowledges that many Malaysians still risk outliving their savings during a ...

The State of the Nation: Recasting the age 55 EPF withdrawal into a lifetime pension promise  

The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd chief executive officer Tan Su Shan.

DBS CEO Tan says market repricing risks on AI financing

1Malaysia Development Bhd (1MDB) is in talks with Deutsche Bank (M) Bhd&nbsp;to settle their legal dispute, the court heard on Monday.

1MDB in settlement talks with Deutsche Bank

KUALA LUMPUR (Oct 12): His Majesty Sultan Ibrahim, King of Malaysia,&nbsp;attended a state welcoming ceremony at Istana Negara on Monday, marking the start of King Abdullah II of Jordan's two-day state visit to Malaysia, which began on Sunday (Oct 11).

Sultan Ibrahim attends state welcoming ceremony for Jordan’s King Abdullah II

Two startling pieces of news surfaced last week about private companies that collect money on behalf of the government.

Frankly Speaking: When suspension is not good enough

KUALA LUMPUR (Oct 12): United Malacca Bhd (KL:UMCCA) said minority shareholders will be compensated for missing a general offer that should have been launched in 2024.

United Malacca to compensate minority shareholders for missing general offer

FORMER Employees Provident Fund CEO Tan Sri Shahril Ridza Ridzuan’s suggestion that employers raise their EPF contribution level to help lift the retirement savings of lower-wage earners raised eyebrows as it called attention to his illustration that employers could hypothetically contribute only...

The State of the Nation: Don’t penalise high-income earners when lifting EPF contribution for lower-wage cohorts

KUALA LUMPUR (Oct 12): Opposition leader Datuk Seri Hamzah Zainuddin said Malaysia should develop new revenue sources to support its finances beyond petroleum, proposing the establishment of a national rare earth entity modelled on Petroliam Nasional Bhd (PETRONAS).

Hamzah proposes PETRONAS-style rare earth entity to develop industry

Sime Darby Property Bhd (KL:SIMEPROP) has secured a 100% take-up for the first phase of Seroja Gardens at Nilai Impian, Negeri Sembilan, within three hours of its launch in September.

Sime Darby Property’s Seroja Gardens Phase 1 sold out in three hours

KUALA LUMPUR (Oct 12): Opposition leader Datuk Seri Hamzah Zainuddin urged the government and Lembaga Tabung Haji (TH) to review the RM15,000 minimum savings requirement for eligibility to join the haj queue.

Opposition leader urges review of Tabung Haji’s RM15k minimum savings requirement for haj queue

IN Malaysian restaurants, a telling sign of growing pressure on household budgets can be seen in what customers are increasingly omitting from their orders.

In its latest Malaysia Retail Industry Report, Retail Group Malaysia (RGM) says many diners are choosing cheaper dishes and drinks...

The State of the Nation: Malaysia’s economy growing, but consumers counting every ringgit

THE government’s move to support a fundraising drive for low-cost carrier AirAsia Group Bhd (KL:AAGB) is raising questions over how far it should go to help a heavily indebted private company and whether taxpayers could ultimately be left footing the bill.

People familiar with the matte...

Debate over government’s role in private enterprise

KUALA LUMPUR (Oct 12): Batik Air has cancelled its scheduled flight from Kuala Lumpur International Airport (KLIA) to Jeddah, Saudi Arabia, on Monday as a precautionary measure amid the ongoing conflict.

Batik Air cancels Oct 12 KL-Jeddah flight

Our small and medium enterprises (SMEs) are in real danger of being gutted by their hyper-competitive counterparts from China whose overcapacity is being exported to our domestic markets. They create very little domestic employment and value-add, bringing in an en bloc shipment of labour and over...

My Say: The SME crisis: How China’s exported over-capacity is gutting Malaysia’s private sector

IOIPG Malaysia REIT has entered into an underwriting agreement with a group of six financial institutions for its initial public offering (IPO) on the Main Market.

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