<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 22): Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Thursday:</p></div>

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Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Thursday.

FBM KLCI rises 0.39% to 1,641.66 on Aug 22, 2024

BEIJING (Nov 22): China will expand its visa-free arrangements to include Japan, Bulgaria, Romania, Croatia, Montenegro and other countries, effective from Nov. 30, 2024, to Dec. 31, 2025, a foreign ministry spokesperson said last Friday.

It will also extend the visa-free stay...

China expands visa-free access to Japan, Bulgaria and other countries

MORNING CALL: 25/11/24

(Nov 24): The United States is using Taiwan to provoke a serious crisis in Asia, Russian Deputy Foreign Minister Andrei Rudenko told TASS news agency in remarks published on Sunday, reiterating Moscow's backing of China's stance on Taiwan.

"We see that Washington, in viola...

Russia says US using Taiwan to stir crisis in Asia

New Zealand retail spending fell for a second straight quarter as high interest rates dented consumer sentiment, adding to signs the economy was in recession in the middle of the year.

New Zealand retail spending slows again, pointing to recession

A US agency that agreed to lend more than US$500 million (RM2.46 billion) to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.

US development agency conducting due diligence on Adani’s Sri Lanka project

The Australian government on Monday will introduce legislation to implement production tax incentives for renewable hydrogen and critical minerals to help boost investment in the sector, which could play a major role in energy transition plans.

Australia to propose tax incentives for critical minerals

The engine of a Russian-made passenger plane caught fire after landing at southern Türkiye's Antalya Airport on Sunday, the Turkish transport ministry said in a statement.

Russian-made plane engine catches fire after landing in Türkiye's Antalya

Economists expect Chinese exports to reach a historical high this year as customers rush to front-load orders given President-elect Donald Trump’s threat of higher tariffs when he takes office in January.

Chinese exports to hit record this year before second Trump term

The dollar fell and Bitcoin’s rally stalled as traders viewed Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice, tempering some of the more fevered bets spurred by the president-elect’s victory.

US dollar falls as Treasury pick tempers Trump bets

Kenanga Investment Bank Bhd (Kenanga) continues to strengthen its dedication to combating fraud and promoting ethical conduct with the launch of its eighth annual Fraud Awareness Week (FAW). This initiative aligns with the United Nations Global Compact’s 10th Principle, underscoring the group’s steadfast commitment to integrity and its ongoing fight against corruption.

Kenanga Investment Bank highlights collective efforts against fraud

<p>The dollar fell and Bitcoin’s rally stalled as traders viewed Donald Trump’s pick of Scott Bessent for Treasury Secretary as a measured choice, tempering some of the more fevered bets spurred by the president-elect’s victory.</p>


<p>From self-proclaimed tree hugger to key driver of Malaysia’s top property development company, Datuk Seri Azmir Merican is not your typical bricks-and-mortar guy.</p>


TEPEA commentary: Malaysia’s best of the best

<p>Sime Darby Property Bhd (KL:SIMEPROP) took the No 1 spot at this year’s The Edge Malaysia Top Property Developers Awards (TPDA). This is the second time it has done so, the first time being in 2009. It was also the joint winner of the Best in Qualitative Attributes sub-award this year.</p>


Sime Darby Property takes top spot at The Edge Malaysia Top Property Developers Awards 2024

<div class="ceonothumb pb-5 imgw-800 mx-auto d-block"><a class="mobx embedimg-icon" data-desc="Ho (back row,centre), The Edge Malaysia editor-in-chief Kathy Fong (front row, second from left) with the City &amp; Country team — (front row, from left)  writer Priya Devan, senior editor E Jacqui Chan, ...

Note from the publisher: Raising the bar for real estate excellence

<p>The Edge Malaysia-PAM Green Excellence Award debuted 14 years ago to recognise green buildings with outstanding and exemplary attributes beyond those embraced for formal green building certification.</p>


The Edge Malaysia-PAM Green Excellence Award 2024 Judges - Judges’ citation

<p>Economists expect Chinese exports to reach a historical high this year as customers rush to front-load orders given President-elect Donald Trump’s threat of higher tariffs when he takes office in January.</p>


<p>After 15 years, Sime Darby Property Bhd (SDP) has reclaimed the coveted title of Malaysia’s top property developer. The last time the company lifted the crown was in 2009.</p>


Top Property Developers Awards judges’ comments

<p>The year is looking good for Sime Darby Property Bhd (KL:SIME­PROP). After achieving record-high revenue and operating profit — since its demerger in 2017 — of RM3.4 billion and RM606.4 million respectively in FY2023, ended Dec 31, the group has chalked up its strongest nine-month performance to date for the period ended Sept 30 with a 35% increase in revenue to RM3.27 billion, while operating profit grew 51% to RM729.5 million.</p>


On a transformation trajectory

<p>A US agency that agreed to lend more than US$500 million (RM2.46 billion) to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.</p>


<p>New Zealand retail spending fell for a second straight quarter as high interest rates dented consumer sentiment, adding to signs the economy was in recession in the middle of the year.</p>


<p>The engine of a Russian-made passenger plane caught fire after landing at southern Türkiye's Antalya Airport on Sunday, the Turkish transport ministry said in a statement.</p>


<p>Walking into The Edison George Town in the heart of Penang’s capital feels like stepping into the past. Much like the many colonial-era buildings in the city, the historical architecture of Asian and European influences has imbued it with a multicultural charm.</p>


Breathing new life into a century-old mansion

<p>The latest models in Google’s flagship series, the Pixel 9 and Pixel 9 Pro, hit the market this August with much fanfare. After some hands-on time with the Pixel 9, it’s clear it has standout features, but as with any device, it’s not without a few quirks.</p>

<h3>Design and feel</h3>

<p>Th...

Tech In Review: Keeping up with the Google Pixel 9

<p>When Tengku Datuk Ab Aziz Tengku Mahmud was appointed to lead the 40-acre mixed-use Merdeka 118 precinct development project in 2010, the new role came naturally to him following his years of experience in leading property divisions at various companies before that.</p>


Taking on a nationally significant landmark project

<p>City &amp; Country met up with Datuk Jeffrey Ng, a well-liked veteran in the real estate industry, at Wisma Rehda in Petaling Jaya for a photoshoot and interview, as Ng is a recipient of the Outstanding Contribution to the Real Estate Industry award at The Edge Malaysia Property Excellence Awards 2024.</p>


Building on a legacy of knowledge

<p>The Australian government on Monday will introduce legislation to implement production tax incentives for renewable hydrogen and critical minerals to help boost investment in the sector, which could play a major role in energy transition plans.</p>


<p>As small and medium enterprises (SMEs) grapple with the complexities of cross-border payments in an increasingly digitalised world, fintech companies are stepping in to transform the landscape. These companies offer solutions that traditional banks may lack — for instance, covering payment servic...

Fintech: Helping SMEs with cross-border payments

<p>Giving back to his hometown was always a goal for Sunway Group founder and chairman Tan Sri Jeffrey Cheah, who is from a small town called Pusing in Perak. When he stumbled upon a former mining site in Ipoh in 1995, Cheah immediately envisioned creating something extraordinary out of the wasteland.</p>


Former tin mine now a thriving township

<p>Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has been on the up and up since 2022, during which it posted record sales, revenue and earnings of RM4 billion, RM2.7 billion and RM342 million respectively for the financial year ended July 31, 2022. That same year, it rolled out its overseas expansion plans along with an annual property sales target of RM8 billion by 2028.</p>


Taking a balanced approach

<p>Datuk Seri Fateh Iskandar Mohamed Mansor (F D Iskandar), group managing director and CEO of Glomac Bhd (KL:GLOMAC), has built a reputation for being a tireless advocate of Malaysia’s real estate sector. With a career spanning more than 35 years, his passion for property development and drive to lift the industry have seen him at the helm of numerous industry bodies and initiatives aimed at shaping the country’s property landscape.</p>
