Damage to a 750-millimetre concrete pipe has been identified as the cause of a sinkhole on Mayang Pasir Highway in Bayan Baru near here, with repair works expected to be completed by Nov 7.

Damaged concrete pipe caused Mayang Pasir sinkhole — Penang exco

The government is prioritising the Rural Roads Programme (JALB) project financing with the total allocation for 2026 rising to RM3.1 billion from the original allocation of RM2.11 billion, according to the Finance Ministry (MOF).

Rural Roads Programme prioritised, allocation increased to RM3.1b for 2026 — Amir Hamzah

The tech-heavy Nasdaq fell more than 1% on Thursday, as Alphabet's results rekindled worries about soaring artificial intelligence (AI) costs, while investors assessed fresh inflation data following the Federal Reserve's decision to keep interest rates unchanged.

Nasdaq slides over 1% as Alphabet results revive AI spending fears

Prime Minister Datuk Seri Anwar Ibrahim has called on Malaysia’s mid-tier listed companies to expand and become regional champions, saying too many promising businesses remain small for too long.

Anwar urges mid-tier listed firms to grow into regional champions

The number of Americans filing new claims for unemployment benefits hovered near 57-year lows last week amid labour market resilience.

US weekly jobless claims hover near 57-year lows

Taghill Holdings Bhd (KL:TAGHILL) has secured a RM166 million contract to undertake the main building works for a commercial development in Penang.

Taghill bags RM166 mil construction job in Penang

Main Market-bound Big Caring Group Bhd supports calls to allow Malaysians to use their government issued cashless aid credits in retail pharmacies.

 Big Caring Group supports proposal on expanding SARA cashless aid to retail pharmacies in Budget 2027

HeiTech Padu Bhd (KL:HTPADU) said it is no longer collaborating with Zetrix AI Bhd (KL:ZETRIX) on the RM1.05 billion National Integrated Immigration System (NIISe) project, after both parties mutually agreed not to extend their teaming agreement.

HeiTech Padu says no longer working with Zetrix AI on NIISe, assures no impact on project

The US economy expanded in the third quarter (3Q) at the fastest pace in a year, supercharged by feverish business investment and a resilient American consumer.

US economy grows most in a year at a faster-than-expected 3.4% in 3Q 

The European Central Bank (ECB) kept interest rates unchanged as news that president Christine Lagarde will step down early added to concern over energy costs and France.

ECB holds as Lagarde exit compounds alarm over oil, France

The Court of Appeal (COA) has reversed a High Court decision and granted leave (permission) for lawyer Rosli Dahlan to challenge the Police and the Public Prosecutor's move to seize his four Amanah Saham Nasional Bhd (ASNB) accounts under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds from Unlawful Activities Act (AMLA).&nbsp;

Court of Appeal gives green light for lawyer Rosli Dahlan to challenge Public Prosecutor's move to seize his ASNB accounts

GENTING Bhd (KL:GENTING) made a cash call on Oct 9 to raise RM1.25 billion — 53 years after its first one.

The conglomerate, which was listed in 1971, called for a rights issue in 1973.

At that time, Genting’s call for more cash from shareholders was acceptable. It was a perio...

Cover Story: No further fundraising planned for now, says Genting 

Joint management bodies (JMBs) and management corporations (MCs) cannot completely block owners who default on maintenance fees from accessing their own units, Housing and Local Government Minister Nga Kor Ming said.

Strata managers cannot completely deny defaulters access to their units, says Nga

Pandu Sjahrir, the prominent Indonesian wealth fund executive who has publicly supported MSCI Inc’s scrutiny of the nation’s stock market, is the co-owner of a brokerage sanctioned in connection with a stock-market manipulation probe.

Indonesia’s wealth fund chief investment officer owns stake in sanctioned brokerage

<div class="content-side-bar-box" style="background-color: lightblue; color: black;">
Summary

<ul>
	<li>Long considered a safe- haven stock by retail investors, Genting Bhd’s status as a cash cow diminished after the company called for...

Cover Story: Debt repayment looms for Genting

Zetrix AI Bhd (KL:ZETRIX) told Bursa Malaysia in response to its queries that a dissolution event for its RM2 billion sukuk was triggered after it breached a covenant requiring managing director Wong Thean Soon to remain its largest shareholder.

Zetrix AI tells Bursa dissolution event for RM2 bil sukuk triggered but no immediate repayment of RM2.16 bil required

A total of 13 members of Parliament, including former prime minister and Bersatu president Tan Sri Muhyiddin Yassin and Muda’s Syed Saddiq Syed Abdul Rahman, signed a confidence-and-supply agreement (CSA) with the federal government on Thursday, strengthening Prime Minister Datuk Seri Anwar Ibrahim’s position in Parliament.

Govt signs confidence-and-supply deal with 13 MPs, including Muhyiddin and Syed Saddiq, strengthening support for Anwar 

SD Guthrie Bhd (KL:SDG) has partnered with YTL Power International Bhd (KL:YTLPOWR) and Bumi Assets Sdn Bhd to develop a 1,623-acre industrial park in Bukit Kerayong, Selangor.

SD Guthrie to join hands with YTL Power, Bumi Assets to develop 1,623-acre Klang industrial park

Zetrix AI Bhd's (KL:ZETRIX) wholly owned unit MyEG Sdn Bhd has received a RM353.13 million tax bill from the Inland Revenue Board (IRB) over transfer pricing matters for the years of assessment 2021 to 2023.

Zetrix AI’s MyEG unit hit with RM353.13 mil tax bill, govt files suit

The Home Ministry has decided to redeploy Malaysian Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain to the Royal Malaysian Police (PDRM), where he previously served.

Mohd Shuhaily to return to police force, says Saifuddin Nasution

Property developer Parkland Bhd has secured approval from the Securities Commission Malaysia for its proposed listing on the Main Market.

Parkland: Regulator green-lights Main Market IPO

Investors flocked to SKA Capital Bhd’s initial public offering (IPO) ahead of its ACE Market listing, with demand exceeding the shares available to the Malaysian public by 80.42 times.

SKA Capital’s ACE Market IPO oversubscribed by 80.42 times

Big Caring Group Bhd, Malaysia’s biggest pharmacy chain operator en route to the Main Market, said it is aiming to add up to 50 stores annually over the next five years.

Big Caring aims to add up to 50 stores a year in next phase of growth

FROM a single casino in Genting Highlands, established by the late Tan Sri Lim Goh Tong in the 1960s, the Genting group has grown into a diversified conglomerate with interests spanning gaming, hospitality, leisure and property. It now has gaming operations in multiple markets worldwide.

<...

Cover Story: As the group expanded, so too did its debt burden 

British American Tobacco (Malaysia) Bhd (KL:BAT) reported a 66.54% decline in net profit for the third quarter amid higher restructuring expenses.

BAT Malaysia 3Q net profit falls 67% as restructuring costs bite

The government is gathering industry feedback on a proposal to temporarily suspend crude palm oil (CPO) export duties to ease stock pressure and boost exports, Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad said.

Govt gathering industry feedback on proposal to suspend CPO export duties — minister

Two companies linked to businessman Datuk Ng Meng Kee saw sharp declines in their share prices on Thursday, prompting Bursa Malaysia to query one of them.

Two companies linked to businessman Ng Meng Kee see sharp dive in share price, Bursa queries one of them

SD Guthrie Bhd (KL:SDG) is expected to see a sharp decline in its net profits for its upcoming third quarter, although its full financial year remains on track to meet forecast, said CIMB Securities.

SD Guthrie's 3Q profit to soften on lower land gains but full-year remains on track — CIMB Securities

This year is an exciting year for investors, with the initial public offerings (IPOs) of some of the world’s most exciting technology companies, including Space Exploration Technologies Corp (SpaceX) and the upcoming artificial intelligence (AI) firm Anthropic.

Getting a slice of Anthropic before its IPO

Australian mining and materials company, Lynas Rare Earths Ltd is planning a month-long &nbsp; shutdown of its Malaysian processing plant in the quarter ending in December, but is confident it has enough stockpiles to meet customer demand.

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