In the 12th Malaysia Plan Mid-Term Review (12MP MTR), the government raised the spending ceiling to accommodate an additional RM15 billion in public expenditure.

The extra allocation will be spent on development expenditure (DE), lifting the annual sum to RM90 billion for 2023 to 2025. ...

The State of the Nation: Boosting development expenditure with fiscal constraints

Civil servant Encik Labu and Captain Labi meet up for breakfast at a mamak restaurant. Their conversation centres around grub, lavatories and broomsticks.

Coffee Break: And the ‘Oscar’ goes to…

CITAGLOBAL Bhd, formerly known as WZ Satu Bhd, is expected to sign a new memorandum of understanding (MoU) and undertake another acquisition, as management under the leadership of executive chairman and president Tan Sri Mohamad Norza Zakaria strives to expand the group further, following its ear...

Citaglobal ventures into WTE, submarine cable laying businesses  

A holiday-shortened week awaits Malaysian investors this week, as markets will be closed on Thursday in conjunction with Prophet Muhammad’s birthday. All eyes will be on Prime Minister Datuk Seri Anwar Ibrahim, who is returning from his official visit to New York on Sept 24.<...

The Week Ahead: Busy week for Asia-Pacific economic data, with Malaysia’s PPI in focus

Expatriates often find plenty to love about living in Malaysia. The warm hospitality extended by locals makes them feel welcomed by society.

One of the most appealing factors is the nation’s unique blend of vibrant cultures and ethnicity, which produces a diverse and enriching melting p...

Cover Story: Malaysia through the eyes of expats

YINSON Holdings Bhd is keen on exporting renewable energy (RE) to Singapore, joining a list of companies seeking to capture the lucrative market that needs as much as 4gw of imports in the city state by 2035, according to sources familiar with the company.

It is understood that Yinson i...

Yinson vying to export RE to Singapore 

Dayang Enterprise Holdings Bhd

Target price: RM2.30 BUY

Brokers Digest: Local Equities - Dayang Enterprise Holdings Bhd, Farm Fresh Bhd, Bermaz Auto Bhd, Cahya Mata Sarawak Bhd

Handal Energy Bhd has been without a substantial shareholder since Aug 9. The company has seen boardroom changes, however, and proposed a placement that would result in its existing shareholding rising 40% and the issuance of warrants.

Frankly Speaking: Who is in control at Handal?

THE local stock market has gained traction over the past two months, with the focus mainly on big- and mid-cap stocks. Since touching a low of 1,377.67 points in early July, the benchmark FBM KLCI has risen 5.5%, while the FBM Mid 70 Index has added 4.8%.

The ACE Market, however, has in...

ACE Market yet to see strong interest despite optimism in broader market

The country has been rocked by yet another situation where the price of a food item — this time, it’s rice — has shot up. This problem is a multi-layered one and must be unpacked properly in order for us to understand and eliminate the threat that comes with it.

In the case of the sharp...

My Say: What we can do about escalating rice prices

Last week, Penang-based Ewein Bhd announced that it was buying a 3.9ha piece of vacant freehold land in Seberang Perai Tengah, Penang, from two individuals, Tan Hong Soon and Tan Kean Hock, for RM39.77 million, which works out to about RM94 psf.

Frankly Speaking: Ewein’s purchase needs clarity

Opcom Holdings Bhd’s purchase of an 18.03% stake in Binasat Communications Bhd seems to suggest that there could be more to what has been announced.

Frankly Speaking: Opcom’s baffling buy into Binasat

Malaysia today is filled with the sound and fury of a trapped tiger. The unravelling of its economic dynamism following the Asian financial crisis (AFC) has eroded political stability by reducing the amount of patronage power available, and worsened social polarisation by reducing opportunities f...

My Say: Release the trapped tiger economy by allowing SMEs better access to capital

Indonesia’s parliament approved a US$216 billion budget for 2024 last week — the last budget under President Joko Widodo (Jokowi), who is stepping down next year after two terms in power.

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