<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 18): Swift Energy Technology Bhd (KL:<a href="/askedge/klse/0337" class="ce-stock" target="_blank">SET</a>) has secured purchase orders worth a combined RM44.15 million to supply equipment for an oil and gas project in Thailand and a data centre in Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>The group's wholly owned subsidiary Swift Energy Sdn Bhd will supply 18 explosion-proof solar power systems to Offshore Oil Engineering Co Ltd for PTTEP’s Bundled Phases 4 project in Thailand, according to a Bursa Malaysia filing on Thursday.</p></div>

<div class=newsTextDataWrapInner><p>The equipment is expected to be delivered over the next three years.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Swift Energy will also supply 34 sets of 11-kilovolt Cressall neutral earthing resistors to Cummins Sales and Service Sdn Bhd for a data centre in Malaysia. Delivery is expected by January 2027.</p></div>

<div class=newsTextDataWrapInner><p>The group said the purchase orders are expected to contribute positively to its earnings and net assets for the financial year ending Sept 30, 2026.</p></div>

<div class=newsTextDataWrapInner><p>Swift Energy shares closed half a sen or 2.94% lower at 16.5 sen, valuing the group at RM165.13 million.<br />
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Swift Energy Technology Bhd (KL:SET) has secured purchase orders worth a combined RM44.15 million to supply equipment for an oil and gas project in Thailand and a data centre in Malaysia.

Swift Energy bags RM44.15 mil O&G, data centre order

US import prices surged in August amid solid increases in the costs of capital and consumer goods, suggesting inflation could rise further in the coming months.

US import prices jump in August on strength in capital, consumer goods

US retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.

US retail sales rebound sharply in August

Retail prices for unsubsidised fuels in Malaysia will jump by 35 sen per litre for the week starting Sept 17, driven by a sharp increase in global crude oil prices as geopolitical tensions in the Middle East escalate.

Unsubsidised fuel prices to jump 35 sen per litre from Sept 17

A total of 38 areas in Peninsular Malaysia recorded unhealthy Air Pollution Index (API) readings as of 5pm Wednesday.

Unhealthy air quality in 38 areas across Peninsular Malaysia as of Wednesday evening

Bank Islam Malaysia Bhd (KL:BIMB) has named former Ryt Bank chief executive officer Melvin Ooi as its new group chief technology and transformation officer, as the lender accelerates plans to modernise its technology infrastructure.

Former Ryt Bank CEO Melvin Ooi joins Bank Islam as tech chief

Starbucks Corp is weighing the sale of a majority stake in its Japan business in a potential deal that could value the coffee chain's biggest overseas company-operated market at about US$3 billion (RM12.1 billion), two people with knowledge of the matter said.

Starbucks considers selling majority stake in its Japan business — Reuters

Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions, while European diesel prices hovered near a record high.

Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high

Saudi warplanes pounded Yemen, the Houthis said on Wednesday, as the Iran-backed fighters solidified their gains after a lightning advance that has extended Tehran's reach in the Middle East war and further disrupted global oil supplies.

Saudis pound Yemen as Houthis solidify gains in new theatre of Middle East war

Monaco is among several nations poised to exit a global financial watchdog’s dirty money watchlist next month, marking a change in fortune for the city-state that’s home to the world’s highest concentration of millionaires and billionaires.

Monaco set to exit dirty-money list along with Bulgaria, Ivory Coast

Global stocks ticked higher on Wednesday as recent rises in government bond yields and oil prices paused ahead of a key US Federal Reserve interest-rate decision later in the day.

Global stocks tick up as oil falls, bonds stabilise ahead of Fed decision

<p>As a member of the Pardons Board and having considered the written opinion of the Attorney General, I have provided my views in my capacity as the Minister responsible for the Federal Territories at the official meeting of the Pardons Board held last Friday, 11 September 2026. I have stated my views honestly, guided by my conscience and with the best interests of the nation in mind. In accordance with Article 42 of the Federal Constitution, the authority and final decision rests with the Yang di-Pertuan Agong (YDPA) including the decision to defer Dato’ Sri Najib Razak's pardon bid.</p>


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<p>Some are still being nurtured while others have accumulated years of operating experience and are moving into the top jobs. ...

When the third generation steps into the business

<p>The government will hold a special meeting on Thursday to explore immediate mitigation measures following public outcry over surging electricity bills amid the recent hot weather and haze, Prime Minister Datuk Seri Anwar Ibrahim said on Wednesday.</p>


Anwar: Govt to hold special meeting on Thursday to address rising electricity bills 

<p>Bank Islam Malaysia Bhd (KL:BIMB) has named former Ryt Bank chief executive officer Melvin Ooi as its new group chief technology and transformation officer, as the lender accelerates plans to modernise its technology infrastructure.</p>


<p>Retail prices for unsubsidised fuels in Malaysia will jump by 35 sen per litre for the week starting Sept 17, driven by a sharp increase in global crude oil prices as geopolitical tensions in the Middle East escalate.</p>


<p>Indonesia's anti-graft agency said it has detained eight people, including the president director of property developer Summarecon Agung and government officials, in an alleged bribery case involving land-use rights.</p>


Indonesia detains eight suspects, including property developer executive, in alleged bribery case

<p>Saudi warplanes pounded Yemen, the Houthis said on Wednesday, as the Iran-backed fighters solidified their gains after a lightning advance that has extended Tehran's reach in the Middle East war and further disrupted global oil supplies.</p>


<p>Southeast Asia’s six largest economies are projected to grow on average 4.8% annually over the next decade, but widening structural differences put them on increasingly divergent paths.</p>


Southeast Asia growth divergence seen widening over next decade

<p>Indonesia's wildfires could go on until early November with the rainy season expected to arrive late, Forestry Minister Raja Juli Antoni told local media on Wednesday, as he urged people to stop using fire to clear land during an extended drought.</p>


Indonesia's wildfires may last until early November, minister says

<p>(Sept 16): Glencore has accused Radiant World and associated companies of sending falsified invoices to lenders, cutting ties just as the iron ore trader filed a suit in Singapore against the Swiss-based commodities group, seeking S$2.5 billion (US$2 billion or RM8.1 billion) in damages.</p>

<...

Glencore faces US$2b Radiant World claim in Singapore

<p>Hong Kong leader John Lee unveiled the city's first five-year plan on Wednesday, aiming to boost residents' livelihoods and cement its position as a global financial hub, while beefing up technology ties with the mainland.</p>


Hong Kong's first five-year plan aims to add jobs, homes

<p>South Korea's SK Hynix is in talks with Intel about a deal that would see it manufacture memory chips on US soil for the first time, three people familiar with the discussions said.</p>


SK Hynix in talks with Intel about deal to make memory chips in the US for first time — Reuters

<p>Global taxation is no longer defined solely by corporate income tax rates and compliance obligations. Increasingly, trade tensions, tariffs, geopolitical fragmentation, environmental measures and the reconfiguration of global supply chains are influencing where businesses invest, manufacture and ...

My Say: The global tax shift and Malaysia’s next competitive advantage

<p>Starbucks Corp is weighing the sale of a majority stake in its Japan business in a potential deal that could value the coffee chain's biggest overseas company-operated market at about US$3 billion (RM12.1 billion), two people with knowledge of the matter said.</p>


<p>TRAFFIC congestion is rarely just a transport problem — it is also about land use. In other words, the issue is not a shortage of roads, but the distance between where people live and where they need to go.</p>

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<p>As we mark Malaysia Day, the country pauses to remember what holds us together. Flags appear, speeches turn to unity, and attention returns to Sept 16, 1963, when different territories, histories and peoples came together to form Malaysia. Yet perhaps the deeper story lies not only in how the federation was formed, but in how Malaysians have learnt to live together ever since.</p>


Opinion: Muhibbah moves the chair

<p>PRASARANA Malaysia Bhd, a unit under the Ministry of Finance, owns and operates the public transport system, spanning urban rail, bus services, property and supporting infrastructure in the country.</p>

<p>In its email response to The Edge, Prasarana says its current approach to transit-orient...

Cover Story 1: Prasarana says it’s committed to incorporating affordable housing in TODs — where appropriate

<p>Singapore raised its political salary benchmarks on Sept 8 after 15 years. Malaysian readers will instinctively compare that with our own ministers. A Malaysian minister earns roughly RM14,900 a month, with allowances on top. That comparison is the least useful thing in the entire announcement.</p>


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<p>Indonesia slashed benchmark prices for lower-grade nickel ore, providing relief for local processors suffering from cost pressures due to the US-Iran war.</p>


Indonesia cuts benchmark ore prices in relief for nickel plants

<p>Kuala Lumpur International Airport (KLIA) has standardised the entry fee for e-hailing vehicles at RM2, inclusive of tax, across Terminal 1 and Terminal 2, effective Wednesday.</p>
