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SC Charges Former Remisier For Defrauding And Operating Without License
The Securities Commission Malaysia has charged former remisier, Peter Chuah Hock Heng with defrauding an investor and engaging in unlicensed capital market activities. He allegedly committed the...
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UMW Toyota Unveils Roadmap For Carbon Neutrality By 2050
UMW Toyota Motor unveiled its Beyond Zero initiative, aligning with the group’s parent Toyota’s pursuit of Carbon Neutrality by 2050. Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of...
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RAM Affirms YTL Corp’s AA1 Rating, Reflecting Its Solid Business Profile
RAM Ratings has affirmed the AA1 rating of YTL Corporation Berhad’s RM2 bil Medium-Term Notes (MTN) Programme (2013/2038) as well as the AA1/Stable/P1 ratings of its RM5 bil Commercial Papers Programme...
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CelcomDigi Record FY23 PAT Of RM1.56 Billion, Declares Fourth Dividend
CelcomDigi Berhad saw its fourth quarter results make a significant jump while its full year results for the Financial Year 2023 (FY2023) also delivering strong growth performance in line with its 2023...
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MDEC Hosts eUsahawan, Gig Fest: Aims to Train 30,000 SMEs, Students With RM35...
Malaysia Digital Economy Corporation (MDEC) organised the eUsahawan and Gig Fest at Kuala Lumpur Convention Centre today, officiated by the Minister of Digital, YB Gobind Singh Deo. The event showcased...
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Workplace Bullies Are The Malignant Ganoderma Boninense Rotting The Roots Of...
By: Ts. ChM. Dr. Kumuthini Chandrasekaram, Research Officer at Universiti Malaya As I walk through a busy ‘pasar malam’, the aroma of fried food beckons me while I admonish myself to have better...
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Seek – Jobstreet – Jobsdb Joint Platforms Transforms APAC’s Employment Landscape
SEEK (ASX:SEK) has successfully merged its APAC employment marketplaces – SEEK, Jobstreet and Jobsdb – which will operate under a single platform powered by SEEK’s world-class AI technology, while...
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Sime Darby Q2 Net Profit Soars To RM2.3 Billion Gains Mainly From RSDH Disposal
Sime Darby Berhad reported a net profit of RM2.3 billion for the Group’s second quarter ended 31 December 2023 (Q2 FY2024). The Group’s revenue for the quarter was 37.7 per cent higher at RM15.5...
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Ringgit To Reach RM4.20 By End 2024, MIDF Research Says
Fundamentally, the Ringgit is in a good position to strengthen in 2024 as the domestic economy stays on upbeat momentum and as a net commodity exporter (of crude petroleum, LNG and palm oil), Ringgit...
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BYD Launches New EV Model ‘SEAL’ In Malaysia, Zafrul Highlights Shift Towards...
BYD launched their latest EV model, SEAL today (Feb 22), officiated by the Minister of Investment, Trade and Industry, Tengku Datuk Seri Utama Zafrul Aziz. The Minister spoke at the launching ceremony...
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TNB Plans To Turn Hydro Dam Lakes Into Floating Solar Farms
Looking to use large water surface area for potential solar energy generation, Tenaga Nasional Berhad is embarking on HHFS Photovoltaic (PV) projects under National Energy Transition Roadmap at its...
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Maxis FY23 Revenue Surpasses RM10 Billion, PAT Dips Slightly To RM993 Million
Maxis reported its fourth quarter and full year financial results for 2023, with the group recognising a drop in profit after tax from RM233 million to RM56 million, revenue however was higher at...
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Imperative For Boards To Realign Priorities Towards More Effective,...
Company boards are called on to take stock of their effectiveness by addressing the five critical areas of board governance in Southeast Asia and introduce the ASEAN Directors Registry to advocate for...
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Automotive Sector In Neutral YoY Growth In TIV In Jan 2024
New vehicle sales in Malaysia, also known as total industry volume (TIV), came in at 65,499 units in Jan 2024 (-16% MoM, +31% YoY), eased MoM against a seasonally high base in Dec 2023, but remained...
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Sime Darby Plantation – A Year Of Consolidation: Kenanga Research Keeps to...
Sime Darby Plantation (SIMEPLT)’s FY23 results disappointed. Its 4QFY23 performance was weighed down by weaker CPO prices, mixed FFB outputs and higher costs in overseas operations. Its Malaysian...
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PM Anwar Launches TRX As Malaysia’s International Financial Centre
The Prime Minister, Datuk Seri Anwar bin Ibrahim, today announced the launch of Tun Razak Exchange (TRX) as Malaysia’s International Financial Centre. TRX, designated as Malaysia’s International...
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TM’s Records Higher Profitability With PATAMI Rising 63.6% To RM1.87 Billion,...
Telekom Malaysia Berhad (TM) today (Feb 23) recorded a Group’s Earnings Before Interest and Tax (EBIT) of RM2.09 billion for FY2023 based on a revenue stream or operating revenue which grew to RM12.26...
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Why PADU Downloads Will Accelerate Soon
The latest report from PADU official states that the National Central Database has been downloaded 3.56 million times as of February 19. However, this only represents 10% of the Malaysian population,...
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Ancubic Group Launches GDV RM2.5 Billion Mixed Development Project
Ancubic Group has launched its sales gallery for its RM2.5 billion GDV mixed development project Ancubic Harmoni, which consist of retail, serviced apartments, office suites and others. Ancubic Harmoni...
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Upside To CPI Ahead, Water Hike Is Next
Slower price growth buffered by lower food prices in Malaysia’s Jan 24 Consumer Price Index (CPI) rose 0.2% mom and 1.5% yoy (similar to Dec 23), lower than CSCIMB’s and Bloomberg expectations. Core...
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