Proton Holdings has officially unveiled its new c-segment sedan, the Proton S70, with prices starting at RM73,800. </div><div class=inPageAd id=div-gpt-ad-inpage>

NEWS: Proton S70 officially launched

Former Sabah Infrastructure Development Minister Datuk Peter Anthony filed a review of the Court of Appeal's decision to uphold his three-year jail sentence and RM50,000 fine for falsifying documents related to the maintenance and service contract at Universiti Malaysia Sabah (UMS) 11 years ago.

Former Sabah minister Peter Anthony seeks to review Court of Appeal's decision

The federal government has allocated RM1.836 billion for development expenditure in Terengganu for this year.

Prime Minister Datuk Seri Anwar Ibrahim said the expenditure under Budget 2025 increased compared to the allocation for 2024 which was RM1.597 billion.

Terengganu was allocated RM1.84 bil for development this year — PM 

Malaysians must reject divisive voices that threaten the harmony of the country's multiracial society, said Housing and Local Government Minister Nga Kor Ming.

He said unity is the foundation of the nation's stability and progress in building a Malaysia Madani.

Nga tells the people to reject divisive voices that threaten multiracial unity

China has pledged strong support for Malaysia’s Asean 2025 chairmanship, emphasising the Asean-China Free Trade Area (ACFTA) 3.0 Protocol signing as a key priority for regional economic integration.

China backs Malaysia’s Asean leadership, prioritises ACFTA 3.0

The United Arab Emirates (UAE) will invest US$1.4 trillion (RM6.19 trillion) in the US following a meeting earlier this week between President Donald Trump and Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE’s national security adviser, a White House official said.

UAE to pledge US$1.4 tril in US investment after Trump meeting

Nike shares fell more than 9% to their lowest since the pandemic on Friday after a warning of another quarter of sales decline sparked worries about the pace of a crucial turnaround at the sportswear giant under new CEO Elliott Hill.

Nike tumbles to five-year low as sales decline forecast clouds quick turnaround hopes

Billionaire Elon Musk held a meeting for more than an hour at the Pentagon on Friday morning as the close ally of President Donald Trump called for the prosecutions of any Pentagon officials leaking false information about his visit.

Elon Musk holds Pentagon meeting, wants leakers prosecuted

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

Alliance Bank, Crest Builder, Capital A, AirAsia X, Nestlé, DRB-Hicom, VS Industry, Genting, Salcon, Erdasan, CelcomDigi

Wall Street's main indexes declined on Friday as investors continued to navigate the complex landscape of tariffs, with FedEx becoming the latest firm to adjust its annual projections due to economic uncertainties.

Wall Street falls on tariff woes; FedEx slides after bleak forecast

Alliance Bank Malaysia Bhd (KL:ABMB) is making a cash call to its shareholders.

Alliance Bank proposes renounceable rights issue of shares to raise RM600m

Capital A Bhd (KL:CAPITALA) said the High Court has confirmed its issued share capital reduction and repayment, paving the way for the low-cost airline’s proposed distribution.

Capital A to proceed with distribution plans after court confirms share capital reduction

Alliance Bank Malaysia Bhd (KL:ABMB) is making a cash call to its shareholders.

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

Malaysia recorded its&nbsp;biggest-ever drug bust, after the police seized RM1.06 billion worth of methamphetamine at West Port&nbsp;here&nbsp;on Jan 25.

RM1.06b meth seized at West Port in Malaysia's largest-ever drug bust

Federal Reserve chair Jerome Powell has been crystal clear about whether President Donald Trump can fire him. “Not permitted under the law,” he said — twice — when asked in November.

Fed's Powell says Trump can’t fire him. That might change

Farmiera Bhd, which is in the poultry farming and poultry processing business, is seeking to list on the ACE Market to raise funds for its capital expenditure and expansion.

Poultry farmer Farmiera seeks ACE Market IPO

Carsome Group Inc said it has turned profitable based on its own preferred measure for the first time, and the online used car trading platform looks forward to sustain the growth this year.

Carsome says it just turned profitable based on its own measure

Investors are dismissing the risks that a full-fledged trade war would pose to stocks as “monster” flows of capital keep pouring into global equity markets, Bank of America Corp’s Michael Hartnett said.

BofA says tariff risk dismissed as stocks get ‘monster’ inflows

HI Mobility&nbsp;Bhd (KL:HI) announced that its initial public offering (IPO) of 10 million public shares, offered at a price of RM1.22 each, was oversubscribed by 6.57 times.

Main Market-bound HI Mobility’s IPO shares oversubscribed by 6.6 times

Erdasan Group Bhd (KL:ERDASAN), formerly known as AT Systematization Bhd, is taking legal action against suspended executive director Mak Siew Wei, alleging fraud.

Erdasan follows suspension of ED Mak Siew Wei with legal suit for alleged fraud

Former Treasury Secretary Lawrence Summers said the Federal Reserve’s (Fed) decision to dramatically slow down the shrinkage of its US Treasuries holdings amounts to a worrying signal about market demand for longer-term federal debt.

Summers says slowing balance-sheet runoff pace is ‘alarming’ signal on debt fragility

KUALA LUMPUR (March 21):&nbsp; Sarawak Consolidated Industries Bhd (KL:SCIB) has terminated its RM30.75 million engineering, procurement, construction and commissioning contract with Ennova Sdn Bhd due to non-payment for completed works.

In a bourse filing on Friday, SCIB said the notic...

SCIB terminates engineering contract over outstanding payment

Construction firm Inta Bina Group Bhd (KL:INTA) is acquiring a 100% stake in Aliran Restu Sdn Bhd, which holds development rights to three parcels of land in Bandar Glenmarie, Selangor, for RM5 million.

Inta Bina buys company with development rights in Bandar Glenmarie for RM5m

Jentayu Sustainables Bhd (KL:JSB) said it has incurred a total cost of RM6.35 million due to the termination of its proposed acquisition of hydro assets in Sabah.

Jentayu Sustainables incurs RM6.35m cost from aborted hydro asset acquisitions

Crest Builder Holdings Bhd (KL:CRESBLD) has proposed a private placement of up to 30% of its share base to raise&nbsp;RM24.3 million to pay for borrowings and purchase building materials.

Crest Builder plans private placement to raise RM24.3m for debt repayment, working capital

Prime Minister Datuk Seri Anwar Ibrahim said on Friday that parties involved in the relocation of the Dewi Sri Pathrakaliamman Temple on Jalan Masjid India, Kuala Lumpur, are in discussions to find the best way to resolve the matter amicably.

Anwar urges amicable resolution to temple relocation issue

US President Donald Trump said his first day in office marked the start of a “golden age” for the US. He and his advisers now say it could take months or longer to arrive.

Trump promised an American boom. He now says it may take a while

Bursa Malaysia Derivatives Bhd is set to relaunch its single stock futures (SSF) contract next Monday (March 24).

Bursa Malaysia Derivatives' revamped single stock futures contract set for March 24

The looming barrage of fresh US tariffs is leaving traders in emerging markets (EM) ready to bolt at the slightest whiff of risk.

Trump’s ‘big one’ on tariffs has emerging market on edge

Lianson Fleet Group Bhd (KL:LFG) has entered into a joint venture agreement (JVA) with Precious Shipping (Singapore) Pte Ltd (PSSP) and Emstraits Navigation Sdn Bhd (ENSB).

In a filing with Bursa Malaysia on Friday, LFG said the joint venture company will focus on ship owning, ship operations, leasing and maritime services.