(Dec 22): One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking lenders to extend loans. Another industry peer is selling an iconic but largely empty mall in Beijing.

China property flare-ups resurface as crisis enters fifth year

(Dec 22): Indonesia claimed victory after Apple Inc offered to increase its investment in the country to US$1 billion (RM4.50 billion) to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. The win may be short-lived.

Apple’s US$1b investment may be fleeting win for Indonesia

KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Anwar Ibrahim stated that the Madani government has implemented strategic initiatives throughout 2024, to drive long-term prosperity for the people and the nation.

2024 economic highlights: Madani government drives long-term prosperity — Anwar

KUALA LUMPUR (Dec 22): The Malaysia International Trade and Exhibition Centre (Mitec), owned by Malaysia External Trade Development Corporation (Matrade), has announced the signing of a memorandum of understanding (MOU) between Qube Integrated Malaysia Sdn Bhd and the Asia CEO Community.

Qube Integrated inks MOU with Asia CEO Community, unveils Mitec card

BEIJING (Dec 22): China's Nio on Sunday said it would launch its new Firefly electric-vehicle (EV) brand in Europe early in the first half of 2025 (1H2025), betting that it would help the company overcome European Union (EU) tariffs.

China’s Nio says new Firefly EV to go on sale in Europe in 1H2025

(Dec 22): The European Central Bank (ECB) will go on lowering borrowing costs in 2025, according to Governing Council member Boris Vujcic.

ECB rate cuts will continue next year, Vujcic tells Croatian state broadcaster

(Dec 22): Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

PUTRAJAYA (Dec 22): The Early Schooling Aid (BAP) will extended to Form 6 students starting from the 2025/2026 schooling session, with each receiving RM150, said Education Minister Fadhlina Sidek.

Early schooling aid extended to Form 6 students

KUALA LUMPUR (Dec 22): Malaysia is intensifying efforts to deepen economic and cultural ties with Iran, identifying Gilan province as another key hub for collaboration.

Malaysia strengthens ties with Iran, eyes Gilan province as key collab hub

JAKARTA (Dec 22): Indonesian police have detained 18 personnel suspected of extorting Malaysian nationals who attended the Djakarta Warehouse Project (DWP) concert in Kemayoran, North Jakarta.

18 cops detained for alleged extortion of Malaysian fans at Djakarta Warehouse Project concert

(Dec 22):&nbsp;One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking lenders to extend loans. Another industry peer is selling an iconic but largely empty mall in Beijing.

KUALA LUMPUR (Dec 22): The Health Ministry (MOH) does not take lightly the resignation of more than 6,000 doctors over the past five years.

MOH does not take lightly resignation of over 6,000 doctors over past five years — Dzulkefly

KUALA LUMPUR (Dec 22): Malaysia is intensifying efforts to deepen economic and cultural ties with Iran, identifying Gilan province as another key hub for collaboration.

(Dec 22):&nbsp;Indonesia claimed victory after Apple Inc offered to increase its investment in the country to US$1 billion (RM4.50 billion) to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. The win may be short-lived.

KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Anwar Ibrahim stated that the Madani&nbsp;government has implemented strategic initiatives throughout 2024, to drive long-term prosperity for the people and the nation.

JAKARTA (Dec 22): Indonesian police have detained 18 personnel suspected of extorting Malaysian nationals who attended the Djakarta Warehouse Project (DWP) concert in Kemayoran, North Jakarta.

(Dec 22): Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.

KUALA LUMPUR (Dec 21): Prime Minister Datuk Seri Anwar Ibrahim held a meeting on Saturday with local and foreign media practitioners to convey the latest developments about the country's direction related to government policies, as well as various current and future issues in Malaysia.&nbsp;

PM conveys country’s development, direction, policies, current and future issues to media practitioners

BEIJING (Dec 22): China's Nio on Sunday said it would launch its new Firefly electric-vehicle (EV) brand in Europe early in the first half of 2025 (1H2025), betting that it would help the company overcome European Union (EU) tariffs.

KUCHING (Dec 21): A supply interruption caused by generator trip at the Bakun Hydroelectric Plant (HEP) on Saturday afternoon has been fully restored to affected consumers in certain parts of Kuching, Sibu, Bintulu and Miri.

Sarawak Energy: Partial power outage fully restored

(Dec 21):&nbsp;The Biden administration is mulling exempting Mexico from tariffs on imported solar equipment, a last-minute change that would primarily benefit Maxeon Solar Technologies Ltd.&nbsp;

Biden mulls tariff break for solar modules from Mexico

ANKARA (Dec 22): Türkiye will do "whatever it takes" to ensure its security if the new Syrian administration cannot address Ankara's concerns about US-allied Kurdish groups it views as terrorist groups, Foreign Minister Hakan Fidan said on Saturday (Dec 21).

Türkiye will do 'whatever it takes' if Syria government cannot address Kurd militia issue, minister says

BENGALURU (Dec 21): Stellantis&nbsp;has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant, less than three weeks after the abrupt resignation of chief executive Carlos Tavares, the Franco-Italian automaker said late on Saturday.

Stellantis reverses Ohio layoffs weeks after CEO's abrupt departure

KUALA LUMPUR (Dec 22): The Malaysia International Trade and Exhibition Centre (Mitec), owned by Malaysia External Trade Development Corporation (Matrade), has announced the signing of a memorandum of understanding (MOU) between Qube Integrated Malaysia Sdn Bhd and the Asia CEO Community.

PUTRAJAYA (Dec 22): The&nbsp;Early Schooling Aid (BAP) will extended to Form 6 students starting from the 2025/2026 schooling session, with each receiving RM150, said Education Minister Fadhlina Sidek.

(Dec 22):&nbsp;President-elect Donald Trump selected billionaire Tilman Fertitta as his ambassador to Italy, enlisting a prominent businessman and one-time reality television star for a prime diplomatic post.

Trump taps billionaire restaurateur Fertitta as Italy envoy

(Dec 21):&nbsp;A Starbucks Corp&nbsp;strike of unionised baristas has spread to three more cities in the US, disrupting service during the final days of the crucial holiday season.

Starbucks baristas from three more US cities to join strike

(Dec 21):&nbsp;Lara Trump, daughter-in-law of President-elect Donald Trump, said on Saturday that&nbsp; she has removed her name from consideration to replace outgoing US&nbsp;Senator Marco Rubio.

Lara Trump withdraws from consideration to replace Rubio in US Senate

(Dec 22):&nbsp;The European Central Bank (ECB) will go on lowering borrowing costs in 2025, according to Governing Council member Boris Vujcic.

IT may not be the most important issue right now but when the Covid-19 crisis ends, the Ministry of International Trade and Industry (Miti) will have to decide whether or not to approve the controversial Wenan steel project in Bintulu, Sarawak.

With an estimated production capacity of 1...

Local players up in arms over Wenan steel project in Sarawak 

One of the strategies employed by private-equity investors to gauge the growth trajectory of an emerging market is to count the number of outlets selling diet supplements in a shopping mall.

It is an obscure approach to investing, but in private market investment and more so in less-dev...

The Hedgehog And The Fox: Vitamins, the middle class and economic recovery

Stepping onto the highest floor of the 33-storey Sumurwang Tower in i-City, one is greeted by unobstructed views of Shah Alam and Klang. This is also where the brand-new office of Tan Sri Lim Kim Hong, chairman of i-City ­developer i-Bhd, is located.

The Grade A office tower employs fac...

Cover Story: ‘Creating a place where people want to be’

IT was recently reported that a vacancy tax on unsold properties may be imposed on property developers to reduce the overhang. A tax on the inventory of overhang properties is better described as an “unsold property tax”, rather than a vacancy tax.

As far as we know, the only country that implements an unsold property tax is Singapore, which imposes an ABSD (additional buyer’s stamp duty) of 30% (5% non-remittable upon stamping) on unsold properties after five years from the date of acquisition of the land.

The Edge says: Imposing a tax on unsold and vacant properties will be a disaster

TUN Dr Mahathir Mohamad and the four Bersatu leaders aligned to him are staying firm in Bersatu, making an already difficult situation more difficult for party president Tan Sri Muhyiddin Yassin.

The Bersatu quintet have rejected the termination letters issued to them by the party, sign...

Politics and Policy: Legal route to challenge ‘sacking’ may be Mahathir’s best option

THE international community has expressed grave concern over China’s proposed national security law for Hong Kong. They see it as a “comprehensive assault on Hong Kong’s rights and freedoms” which “cannot be tolerated”.

That is the message of an international memorandum against China’s ...

Politics and Policy: An internal affair for some, an assault on rights for others

TELEKOM Malaysia Bhd and either the KLCCP Stapled Group or QL Resources Bhd could be added to the KLCI in the next semi-annual review of the FTSE Bursa Malaysia Index Series on June 4.

On the other hand, analysts say, Malaysia Airports Holdings Bhd (MAHB) and AMMB Holdings Bhd could be ...

Cover Story: Next KLCI review could see Telekom in, MAHB and AMMB out 

THE FBM KLCI hit a low of 1,219.72 points on March 19 after a sell-off triggered by the oil price slump and fears over the impact of the Covid-19 pandemic on the global economy. Just over two months later, the local bourse is entering bull market territory after rebounding 20.9%, led by gains in ...

Cover Story: Market charges ahead despite dismal 1Q earnings

THE year was 1996. Casino slot machine distributor RGB International Bhd — then known as RGB Sdn Bhd — was in its 10th year of operations, having begun as a humble business in Penang.

Although the company was already fairly established, with customers in Singapore, Cambodia and the Phil...

‘How Stanley Ho changed my business mindset forever’

IN June 1995, exactly two years before Hong Kong’s handover, I was in my small, windowless office in the territory’s Causeway Bay district, when a colleague plonked a Fortune magazine with the cover story, “The Death of Hong Kong”, on my desk. The piece by the magazine’s then Asia editor, the lat...

The Edge Malaysia Weekly

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

The Edge Malaysia Weekly

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌