<div class=newsTextDataWrapInner><p>SINGAPORE (March 4): Singapore's former minister S Iswaran has been granted permission by the court to stay longer in Australia than originally indicated after he fell ill there, according to the Singapore's Attorney General Chambers (AGC).</p></div>

<div class=newsTextDataWrapInner><p>Iswaran was on Jan 18 slapped with 27 charges, including on alleged corruption. He has pleaded not guilty.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>On Feb 8, the former transport minister, out on S$800,000 bail, was allowed to leave Singapore for Australia to help his son<a href="https://www.theedgesingapore.com/news/singapore-news/iswaran-allowed-extend-stay-australia-after-falling-sick" target="_blank"><em>...(click on link for full story on theedgesingapore.com)</em></a></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/700382" target="_blank">Singapore’s Iswaran gets court approval to leave country — local media</a>&nbsp;<br />
<a href="https://theedgemalaysia.com/node/699826" target="_blank">Singapore to review F1 deal, audit 2022 race after graft probe</a>&nbsp;<br />
<a href="https://theedgemalaysia.com/node/697785" target="_blank">Singapore's minister resigns after biggest graft probe since 1986</a></em></p></div>


SINGAPORE (March 4): Singapore's former minister S Iswaran has been granted permission by the court to stay longer in Australia than originally indicated after he fell ill there, according to the Singapore's Attorney General Chambers (AGC).

Iswaran allowed to extend stay in Australia after falling sick

The US Federal Aviation Administration (FAA) warned operators of certain Boeing Co 737 aircraft that the rudder system could possibly jam due to a faulty part, a week after a safety official rebuked the agency for not acting sooner to address the issue.

FAA issues safety alert on Boeing 737 rudder issue after NTSB rebuke

Efforts to strengthen national unity require the synergy of various parties including the people by participating in various programmes implemented by the government through the Ministry of National Unity.

Build unity through stronger synergy between govt and people

Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said she held discussions with the mayor of Hangzhou (China) Yao Gaoyuan on Tuesday to strengthen "twin cities" cooperation between Kuala Lumpur and Hangzhou.

Zaliha in talks with mayor for KL-Hangzhou smart co-operation as twin cities

Asean micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion (RM8.55 trillion) expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.

Asean MSMEs should benefit from Digital Economy Framework Agreement

Prime Minister Datuk Seri Anwar Ibrahim has arrived in the Laotian capital here to attend the 44th and 45th Asean Summits and Related Summits.

His aircraft landed at Wattay International Airport at 8.37pm local time (9.37pm Malaysian time).

Anwar arrives in Vientiane for Asean Summits and Related Summits

The Enforcement Agency Integrity Commission (EAIC) has seized 156 Social Visit Pass (Medical Treatment Pass category) application files believed to be linked to a medical visa syndicate involving Immigration Department officers.

EAIC seizes 156 files in probe on medical visa syndicate involving immigration officers

The Dewan Bahasa dan Pustaka (DBP) will increase the Malay language programme at several universities abroad in an effort to dignify the national language.

Dewan Bahasa to increase Malay language programmes in foreign universities

A brief recap of some business news and corporate announcements that made headlines on Tuesday.

Public Bank, LPI Capital, Ireka, Perdana Petroleum, MClean, Enest, Sunsuria, Media Prima, Seal and Sime Darby

The Co-operative Societies Act 1993 will be amended involving 96 original provisions in the Act which would be restructured and improved.

Entrepreneur and Cooperative Development Minister Datuk Ewon Benedick said the draft amendment which is currently being prepared will be brought to the Cabinet before it is expected to be tabled in Dewan Rakyat next year.

Co-operative Societies Act 1993 to be amended - Ewon

Brent crude futures, the international oil benchmark, fell US$4 a barrel on Tuesday as fears of supply interruptions from the conflict between Israel and Iran and a massive Gulf of Mexico hurricane eased.

Brent crude falls US$4 a barrel on easing supply fears

<p>A corporate development is brewing at Public Bank Bhd (KL:PBBANK), sources say, with the country’s third-largest banking group by assets believed to be undertaking a potential acquisition of a related company.</p>


Corporate development brewing at Public Bank — sources

<p>KUALA LUMPUR (Oct 8): The appreciation of the Malaysian ringgit against the US dollar was “a bit fast” during the three-month span between July and October this year, which may disrupt business planning and cause companies to struggle to adjust prices and operations smoothly, according to the World Bank.&nbsp;</p>


Pace of ringgit’s appreciation was ‘a bit fast’, says World Bank lead economist

<p>SHAREHOLDERS of low-cost carrier Capital A Bhd (KL:CAPITALA) and AirAsia X Bhd (KL:AAX) will vote on the former’s proposed disposal of its aviation business to its medium-haul affiliate for RM6.8 billion at their extraordinary general meetings on Oct 14 and 16 respectively.</p>

<p>The corporat...

Diving deep into RM6.8 bil merger of AirAsia X, Capital A’s aviation assets

<p>BlackRock Inc and the hotel unit of Malaysian developer YTL Corp (KL:YTL) are set to purchase a group of serviced apartments in a prime office building in Singapore’s central business district (CBD), according to people familiar with the matter.</p>


BlackRock, YTL unit to buy Singapore's Citadines Raffles Place

<p>The World Bank has raised its forecast for Malaysia's economic growth for 2024 to 4.9%, up 0.6 percentage points from its previous forecast of 4.3% in April 2024, following the country's stronger-than-anticipated performance in the first half of the year that reflected robust growth in consumption, investment, and trade activity.</p>


World Bank raises Malaysia's growth forecast to 4.9% after stronger-than-expected first half of 2024

<p>Shares of Pertama Digital Bhd (KL:PERTAMA) took another dive on Tuesday to their lowest in nearly four years while the digital services company said it could not explain the latest sharp decline.</p>


Pertama Digital hits limit down again, unable to explain latest decline

<p>Trading in the securities of Public Bank Bhd (KL:PBBANK) will be suspended from 9am on Wednesday (Oct 9), pending a material announcement.</p>


Trading in Public Bank, LPI securities to be halted on Wednesday pending material announcement

<p>Budget 2025, which is set to be tabled in Parliament next week, presents a good opportunity for the government to reintroduce the goods and services tax (GST) as the economy is stable, with an outlook bullish for 2025 and no significant political concerns, said an industry think tank.</p>


Budget 2025 the right time to reintroduce GST, says SERC

<p>Media Prima Bhd (KL:MEDIA) has clarified that Tan Sri Syed Mokhtar Al-Bukhary remains a substantial shareholder of the media group.</p>


Media Prima clarifies Syed Mokhtar still its substantial shareholder 

<p>EXPECTATIONS are high that the proposed acquisition of a 10% stake in Ancom Nylex Bhd (KL:ANCOMNY) via a placement by Hamburg-based global chemical player HELM AG could bring about positive changes in the company.</p>

<p>At the present time, HELM has 5.04% equity interest in Ancom and once the...

Ancom’s new shareholder could spark interest in stock

<p>Ireka Corp Bhd (KL:IREKA), a Practice Note 17 (PN17) construction company, has secured a sub-contract worth RM1.07 billion for the upgrade of a section of the Pan Borneo Highway in Sabah.</p>


Ireka Corp secures RM1.07 bil highway upgrade job in Sabah

<p>Innovation Network Corp&nbsp;of Japan (INCJ) is reviving the sale of its 21% stake in telecommunications tower company Edotco Group Sdn Bhd, people with knowledge of the matter said.</p>


Japan's INCJ reviving Edotco stake sale — Bloomberg

<p>KUALA LUMPUR (Oct 8): 1Malaysia Development Bhd’s (1MDB) suit against Riza Aziz, stepson of former prime minister Datuk Seri Najib Razak, and Hollywood film studio Red Granite Pictures, will finally begin trial next week.</p>


Trial in 1MDB suit against Najib’s stepson, Red Granite to finally start next week

<p>KUALA LUMPUR (Oct 8): The Energy Commission will announce the winning bids for the fifth round of the large scale solar (LSS5) programme in November this year, said its chief executive officer (CEO) Datuk Razib Dawood.</p>


Energy Commission to announce winning bids for fifth round of large scale solar programme in November

<h3><span style="color:#d35400;">Sunway Construction Group Bhd</span></h3>

<p>Target price: <strong>RM6 <span style="color:#27ae60;">ADD</span></strong></p>

<div class="mt-3 imgw-300 embed-right"><a class="mobx embedimg-icon" data-desc="xxx" data-rel="ceolightbox" href="//myassets.theedgemalay...

Brokers Digest: Local Equities - Sunway Construction Group Bhd, Dialog Group Bhd, Heineken Malaysia Bhd, Swift Haulage Bhd 

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<p class="thumb-cap">E...

EVENING 5: Five things you need to know today

<p>Malaysia expects demand for palm oil from India to remain steady despite the recent hike in import taxes by the largest buyer of vegetable oils, says Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.</p>


Malaysia expects India demand for palm oil to remain steady despite import tax hike — Jo Ghani

<p>China is investigating whether to raise tariffs on European large-engine vehicles and will start collecting levies on brandy, escalating a trade spat after the European Union decided to impose tariffs on Chinese electric vehicles.</p>


China targets EU cars, brandy in retaliation over EV tariffs

<p>（吉隆坡8日讯）消息人士称，大众银行（Public Bank Bhd）（KL:PBBANK）正在酝酿一项企业发展计划，据信这家资产规模第三大银行集团可能收购一家关联公司。</p>


消息：大众银行酝酿企业发展计划

<p>(Oct 8):&nbsp;Malaysia will have to unwind blanket state support for its most widely used gasoline by this year for the government to meet its own subsidy spending target, according to the World Bank.</p>
