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

Fitch keeps US credit rating on negative watch despite debt limit deal

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

Argentina to renew, expand China currency swap line

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

Citaglobal claims alleged outstanding payment from IJM Corp for expressway project work

PERAK-based lingerie and apparel manufacturer Caely Holdings Bhd, which is embroiled in allegations of corruption, misconduct and misuse of funds, has appointed four retired senior police officers to its board of directors — the first listed company on Bursa Malaysia to appoint that many law enfo...

Caely appoints former cops to board amid police probe over misuse of funds allegations

Coming up on a green hillock in Segambut, also known as North Kiara, Kuala Lumpur, is BRDB Developments Sdn Bhd’s latest project — Miranda Hill. The freehold condominium, which has a gross development value (GDV) of RM600 million, will offer 552 units in two towers: the 37-storey Tower 1 and 35-s...

Cover Story: A well-located, green oasis

IT would appear that Bumi Armada Bhd stands a high chance of securing a new floating production storage and offloading (FPSO) project in Angola — if project watchers are proven correct — which, along with other bids should they be won, could put the oil and gas player on an even stronger footing ...

Bumi Armada’s potential step forward on recovery path

Notable filings

For the week of Sept 19 to 23, notable shareholding changes at Bursa Malaysia-listed companies included those at Transocean Holdings Bhd.

Billionaire businessman Tan Sri Surin Upatkoon’s wholly-owned private company Microplus Elite Sdn Bhd ce...

Insider Moves: Transocean Holdings Bhd, SEG International Bhd, Ancom Nylex Bhd, Bioalpha Holdings Bhd, Citaglobal Bhd

We know that the global community today is facing some of the gravest economic challenges it has ever encountered. The rich are getting richer, the poor are getting poorer, and with rising inflation, more and more people the world over are lying awake at night, worrying about how they will pay th...

My Say: Shaping a stakeholder economy for the Islamic capital market

In my recent book, What’s in a Name, I provide some historical context of how the Malaysian system — the workings of our society, politics and economics — declined over the years and as the corollary of it, the growth of a three-headed monster that seems to rule this country. The three heads of t...

My Say: Towards a better Malaysian political economy

THE heirs of the late Sulu Sultan Jamalul Kiram II upped the ante last Thursday by initiating legal proceedings to seize national oil company Petroliam Nasional Bhd’s (Petronas) assets registered in the Netherlands, the value of which could run into the billions.

Attempts to seize Malay...

Sulu Sultan’s heirs strike again

Globally, the building sector is said to account for more than 40% of energy consumption, generate about 40% of all waste and consume some 16% of water for construction activities. In Malaysia, buildings take up almost half of the electricity generated in the country.

With global warmin...

Going green: Common sense must prevail

COMMODITY prices have been coming off their peaks since the second quarter of this year. However, the declines intensified following the recent 75-basis-point rate increase in the US Federal Reserve’s (Fed) benchmark interest rate, with its chair Jerome Powell putting an end to any hopes that the...

The State of the Nation: Why it’s difficult to predict the direction of commodity prices

HCK Capital Group Bhd, which stepped in to rescue the Empire Remix 2 project in Subang Jaya’s USJ1 in 2019, is being roped in to resuscitate the abandoned Empire Remix 1 located nearby after an earlier attempt to turn around the ailing project failed.

Sources say that in the event HCK C...

The Edge Malaysia

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