<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 2): JT International Bhd (JTI Malaysia), which owns Mevius, Winston and LD brand of cigarettes, has appointed Juliana Mohd Yahaya as its managing director (MD) effective Oct 1.</p></div>

<div class=newsTextDataWrapInner><p>In a statement, JTI Malaysia said Juliana will replace Khoo Bee Leng, who is retiring after 30 years with the tobacco company.</p></div>

<div class=newsTextDataWrapInner><p>“She brings a wealth of experience to the role, having assumed various leadership positions at Japan Tobacco International’s (JTI) global centre as well as in markets,” said JTI Malaysia.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Juliana joined JTI Malaysia in 2000 and has held various roles within the marketing and sales functions. She has also worked at JTI’s headquarters in Geneva as well as leadership roles across Asia and Europe.</p></div>

<div class=newsTextDataWrapInner><p>Additionally, she has been leading the Belgium and Luxembourg markets since 2020 prior to her appointment.</p></div>

<div class=newsTextDataWrapInner><p>“JTI Malaysia would also like to take this opportunity to thank Khoo Bee Leng for her dedicated service and leadership, and we wish her a happy retirement.” Khoo had assumed the role of MD on Jan 1, 2021.</p></div>

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JT International Bhd (JTI Malaysia), which owns Mevius, Winston and LD brand of cigarettes, has appointed Juliana Mohd Yahaya as its managing director effective Oct 1.

JTI Malaysia appoints Juliana Mohd Yahaya as MD

Malaysia is on the right track to consistently reduce its deficit rate, according to Finance Minister II  Datuk Seri Amir Hamzah Azizan.

He highlighted that the fiscal deficit had been declining, from 6.4% of gross domestic product (GDP) in 2021 to 5.5% in 2022, and 5% in 2023.

Malaysia on right track to consistently reduce deficit rate, says Amir Hamzah

Barclays agreed to pay US$19.5 million (RM86.7 million) to settle a lawsuit in Manhattan by shareholders who accused the British bank of securities fraud after it sold US$17.7 billion more debt than regulators allowed.

Barclays reaches US$19.5m settlement over debt sale blunder

NXP Semiconductors NV and a Taiwan Semiconductor Manufacturing Co affiliate are discussing an expansion of their US$7.8 billion (RM34.7 billion) Singapore venture, recognising a need to diversify chip production in anticipation of growing US-Chinese tensions over technology.

NXP, TSMC affiliate plan to expand US$7.8b Singapore plant

The government will continue to balance efforts to strengthen the country’s financial position to be more sustainable while ensuring that fiscal policies continue to support the national economic growth momentum, according to Prime Minister Datuk Seri Anwar Ibrahim.

Govt to continue strengthening financial position while supporting economic growth — Anwar

Teleport, the logistics arm of Capital A Bhd (KL:CAPITALA), is expected to close its financial year ending Dec 31, 2024 (FY2024) with a record-high annual revenue of more than RM1 billion, according to its chief executive officer Pete Chareonwongsak.

Capital A’s Teleport foresees record top line in FY2024 as daily parcels volume doubles from 1H

Asian markets broadly rose on Wednesday, with South Korean shares bucking the trend and the won stabiliisng after President Yoon Suk Yeol's brief martial law declaration late on Tuesday rattled investor confidence.

South Korean won recovers after martial law scare; regional markets inch up

Former prime minister Datuk Seri Najib Razak has once again alluded to the fabrication of his signature in 1Malaysia Development Bhd (1MDB)-related documents implicating him in the multibillion-dollar scandal.

1MDB-Tanore: Najib denies signature in documents, says there's no BOA meeting with Shahrol

(Dec 4): The bill may soon come due for millions of Southeast Asian solar panels imported duty-free into the US that haven’t been installed by a Dec 3 deadline.

Millions of stockpiled SE Asian solar panels in US face new tariff bill

Cryptocurrency speculators kept Bitcoin in sight of the landmark US$100,000 (RM444,292) level in anticipation of further steps to support the sector by US President-elect Donald Trump.

Bitcoin churns near US$97,000 as crypto awaits Trump’s next step

INCORPORATED in 2013, ACE Market-listed Sedania Innovator Bhd (KL:SEDANIA) may be seen as a newcomer to the consumer products landscape, but it has big ambitions.

The company, which has a market capitalisation of some RM52 million, aspires to be a disruptor in the fast-moving consumer g...

Sedania aims to disrupt FMCG giants’ hold on market 

<p>A Singaporean couple wanted in connection with a corruption case in Singapore, and who had been on the run for 19 years, were arrested by the Malaysian Anti-Corruption Commission (MACC) on Tuesday.</p>


MACC arrests Singaporean couple who spent 19 years on the run

<p>Shares of Pentamaster Corporation Bhd (KL:PENTA) shot up as much as 22.6% to RM4.23 — a three-month&nbsp;high — after its 63.9%-owned subsidiary Pentamaster International Ltd voluntarily suspended trading of its shares on the Hong Kong Stock Exchange.&nbsp;</p>


Pentamaster shares jump 23% on trading halt of HK unit

<p>South Korean lawmakers on Wednesday called on President Yoon Suk Yeol to resign or face impeachment after he declared martial law only to reverse the move hours later, triggering a political crisis in Asia's fourth-largest economy.</p>

<p>The surprise declaration late on Tuesday ignited a standoff with parliament which rejected his attempt to ban political activity and censor the media, as armed troops forced their way into the National Assembly building in Seoul.</p>


South Korean president faces impeachment calls after martial law debacle

<p>KUALA LUMPUR (Dec 4): Prime Minister Datuk Seri Anwar Ibrahim announced that the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement on Dec 9 this year, has been postponed to likely January 2025.</p>


PM: Signing of Johor SEZ agreement with Singapore likely postponed to January next year

<p>KUALA LUMPUR (Dec 4): Tan Sri Halim Saad has been cleared by the Malaysian Anti-Corruption Commission (MACC) in a probe concerning a RM2.3 billion transaction involving a&nbsp;listed company in the 1990s, according to a statement&nbsp;released by the tycoon to the media on Wednesday.</p>


Halim Saad says he is cleared in MACC probe on RM2.3b transaction from over two decades ago

<p>In October, the government announced incentives to jump-start the special economic zone in Forest City. One particular announcement that caught attention was the zero tax rate for family offices, a term rarely heard of in Malaysia as the regulatory framework for such firms did not exist. Essentially, family offices handle investment and wealth management for wealthy families.</p>


Rise of the family office

<p>The construction sector in Malaysia is set to achieve its strongest year since 2016, driven by a surge in project roll-outs from both the public and private sectors, analysts from RHB said.</p>


Construction sector on track for best year since 2016 — RHB

<p>Shares of JF Technology Bhd (KL:JFTECH) rose as much as 12 sen or 22.64% from their four-year lows, on news that the company will begin US sales from January 2025 by leveraging the distribution network of US-based Ironwood Electronics.</p>


JF Tech shares break out from four-year lows on US sales prospects

<p>South Korean President Yoon Suk Yeol’s surprise decision to impose martial law in South Korea for the first time in more than 40 years — and then just as swiftly reverse course — sparked whiplash in the country’s foreign-traded assets and caught global markets off guard, at one point sending US Treasury yields lower as traders sought a haven from potential instability.&nbsp;</p>


South Korea’s whirlwind stint in martial law jolts markets

<p>Intel has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of its chief executive officer, after the struggling American chipmaking icon&nbsp;ousted company veteran Pat Gelsinger, according to people familiar with the matter.</p>


Intel evaluating outsiders for CEO role, including M'sia-born ex-board member Lip-Bu Tan — Reuters

<p>Jailed former prime minister Datuk Seri Najib Razak denied on Wednesday he had any personal interests in the PetroSaudi International Ltd (PSI) joint venture (JV), maintaining that what was done in 2009 was for national interests.</p>


Najib: I don’t have personal interests in PSI deals, quizzed Bakke and board over opening of JV account before approval

<p>Asian equities stumbled on Wednesday, while currencies were volatile, as traders scrambled to contend with the political storm in South Korea, where martial law was imposed and subsequently lifted hours later.</p>


Asian stocks slip, rattled by South Korean political unrest

<p>Former prime minister Datuk Seri Najib Razak has denied ever telling then second finance minister Datuk Seri Ahmad Husni Hanadzlah to “not interfere” in matters of 1Malaysia Development Bhd (1MDB), refuting Husni’s claims that he had advised Najib against a US$1 billion joint venture (JV) with PetroSaudi International (PSI).</p>


1MDB-Tanore: Najib expresses disappointment in former second finance minister Husni's testimony against him

<p>Teleport, the logistics arm of Capital A Bhd (KL:CAPITALA), is expected to close its financial year ending Dec 31, 2024 (FY2024) with a record-high annual revenue of more than RM1 billion, according to its chief executive officer&nbsp;Pete Chareonwongsak.&nbsp;</p>


<p>Analysts are looking past VS Industry Bhd’s (KL:VS) weak first-quarter results, amid expectations of new sales orders, on top of the RM1.2 billion worth of orders at hand currently.</p>


Analysts look past VS Industry’s 1Q miss on optimism towards new orders

<p>KUALA LUMPUR (Dec 4): Garment manufacturer Magni-Tech Industries Bhd’s (KL:MAGNI) shares jumped in early trade on Thursday, after its second quarterly results came largely within analysts’ expectations.</p>


Magni-Tech shares jump in early trade on special dividends after 2Q came within expectations

<p>KUALA LUMPUR (Dec 4): The recent Swiss court decision against PetroSaudi International Ltd (PSI) executives over the 1Malaysia Development Bhd (1MDB) scandal clearly shows that former prime minister Datuk Seri Najib Razak was not implicated in the misappropriation of funds, the court heard on Wednesday.</p>


1MDB-Tanore: Najib cites Swiss judgement against PSI execs, says he is not implicated in fund misappropriation

<p>Mitsubishi Corp&nbsp;has suffered a loss of more than US$90 million (RM402.10 million) in China after uncovering suspected fraud by one of its copper traders, according to people familiar with the matter.</p>


Mitsubishi Corp lost US$90m in suspected copper fraud in China — Bloomberg

<p>Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims&nbsp;to produce 500 units per month of an electric vehicle (EV) called eMO-II starting next year.</p>


Perodua set to produce 500 units of eMO-II monthly, aims for cheapest EV

<p>We refer to the Bill to amend the Communications and Multimedia Act 1998 that was tabled for a first reading in the Dewan Rakyat on Monday.</p>


New amendments to Communications and Multimedia Act a backdoor attempt to legislate fake news law, utter betrayal of promise to repeal — Lawyers for Liberty