Oil up over 2% after US debt deal and jobs data; focus turns to Opec+

Wall Street ends up on jobs data, debt default averted

Double cover: EPF dispels impression it’s a rich man’s club + MAHB on making KLIA great again

Halal certification by Jakim does not cover animal feed

Anwar hopes conglomerates will support development of the arts

Wall St rises after jobs data; debt default averted

Baltic Exchange shipping updates: June 2, 2023

US telecom stocks fall on report Amazon in talks for wireless services

Risk of US downgrade still on the cards despite debt deal

JPMorgan president says loan demand declining, US economic slowdown weighs

IOI Properties, Sime Darby Plantation, MAB, YTL Power, MR DIY, Southern Score Builders, SMTrack, Rex Industry, Bumi Armada, Yinson, Careplus, Citaglobal and Crest Builder

Australia PM says breakdown in US-China relations would be devastating

Crest Builder wins RM18.36 mil arbitration award in payment dispute

Rex Industry to decommission Penang factory by end-July

A new all-red airline will take to the skies soon, and one should not be faulted for confusing it with the present incumbent low-cost carrier (LCC) at first glance. After all, it is no secret that the majority of MYAirline Sdn Bhd’s top management and employees had previously worked for AirAsia G...

MYAirline, a new budget airline born out of crisis

CONSTRUCTION outfit Kerjaya Prospek Group Bhd and South Korea-based Samsung C&T Corp are actively bidding for large-scale infrastructure and industrial construction projects in Malaysia after entering into a partnership in June and are confident of securing their first joint project worth at ...

Kerjaya Prospek, Samsung confident of securing infrastructure job worth over RM800 mil, say sources

IF the 15th General Election (GE15) takes place in mid-November this year as widely speculated, chances are that Budget 2023 that was tabled on Oct 7 would not be passed by the 14th Parliament before its dissolution.

That’s going by the timeline required for debates before lawmakers vot...

The State of the Nation/Economic Report: What happens if Parliament is dissolved before it passes Budget 2023?

MALAYSIA’s economy has grown back to pre-Covid-19 levels and the government is projecting decent GDP growth of 4% to 5% in 2023. That is in line with projections of slower global growth, even though it is a moderation from a better-than-expected 6.5%-to-7% growth for 2022 (but an upward revision ...

The State of the Nation/Economic Report: Budget 2023 stays expansionary with sizeable debt, elusive on fiscal reset 

Eco World Development Group Bhd executive chairman Tan Sri Liew Kee Sin has been named an honorary Commander of the Most Excellent Order of the British Empire (CBE). This was announced in a statement on Oct 4.

Liew was honoured for his services in carrying out regeneration and developme...

EcoWorld’s Tan Sri Liew Kee Sin awarded UK honour

IJM Corp Bhd is believed to be in discussions with Sapura Holdings Sdn Bhd and SMH Rail Sdn Bhd to jointly bid for the upcoming systems turnkey contract for the MRT Line 3 (MRT3).

While IJM is one of two construction giants in the local arena, Sapura Holdings — which is slated to be the...

IJM could partner Sapura Holdings, SMH Rail to bid for MRT3 systems turnkey contract

MALAYSIAN Resources Corp Bhd (MRCB) could receive a further boost in undertaking the Light Rail Transit 3 (LRT3) project as the federal government is now contemplating whether five provisional stations — previously axed — should be reinstated as per the original blueprint.

Spanning 37km...

Potential reinstatement of five LRT3 stations could benefit MRCB

EITA Resources Bhd

Target price: 92 sen ADD

Brokers Digest: Local Equities - EITA Resources Bhd, Aeon Credit Service (M) Bhd, Sports Toto Bhd, Coastal Contracts Bhd

THE turmoil at Credit Suisse Group arising from the spike in its default swaps has shaken the financial markets with the worry that it might be the Lehman Brothers of 2022.

Is this cause for concern for the global banking system, as October generally is a volatile month for global equit...

No systemic risk from troubled Credit Suisse

SPECULATION of an early general election grew in intensity after the tabling of Budget 2023, which was originally slated to take place at end-October, was brought forward to Oct 7.

Further reinforcing the sentiment was the Umno supreme council’s announcement at the start of October that...

The Edge Malaysia

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