Latest
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Economy
Low quality products hinder construction sector
Vietnamese construction materials may have the capacity to compete on foreign turf, but they still face difficulties in their home market due to the blurred lines between genuine and low-quality products.
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Economy
Key exports register drop of 3.5% in May
Singapore's key exports suffered a surprise drop in May, led by a double-digit plunge in shipments to the United States.
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Insight
Even Big Oil thinks Big Oil is getting too risky these days
What's an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighbourhood? Just ask Abu Dhabi National Oil Co.
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Corporate News
Legoland Shanghai a key brick to building toy brand in China
The Lego Group is viewing China as a high-potential market, as the toymaker gears up to open its much-anticipated Legoland Shanghai Resort on July 5.
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Economy
SST unlikely to derail domestic growth
The upcoming expansion of the sales and services tax (SST), slated to take effect on July 1, is unlikely to derail Malaysia's economic growth, although it may trigger a short-term spike in consumer prices, analysts say.
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Commodities
Citi calls time on gold’s rally
Gold is expected to sink back below US$3,000 an ounce in the coming quarters as a record-setting rally runs out of steam, according to Citigroup Inc, calling time on one of the standout rallies in commodities.
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Economy
Pacific Islands should boost women in jobs
Less than half of working age women are employed across the Pacific Islands due to outdated laws and other barriers, the World Bank says in a new report, and closing the gender gap will likely boost economic growth.
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Economy
Canada, US aiming for trade deal within 30 days
Prime Minister Mark Carney says Canada and the United States are aiming to strike a trade deal within a month, a goal set during a meeting with US President Donald Trump at the Group of Seven summit.
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Economy
Republicans release revised tax cuts bill
Senate Republicans propose to cut trillions of US dollars in taxes for households and businesses in their version of President Donald Trump's signature economic package, a plan that comes at the expense of curbing health coverage for some low-income Americans and adding to US deficits.
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Economy
Brazil Congress threatens to deal fresh blow to Lula’s financial plan
President Luiz Inacio Lula da Silva's efforts to shore up Brazil's budget are on the brink of another setback after Congress advanced a push to block tax increases on some financial transactions from taking effect.
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Corporate News
OpenAI wins US$200mil contract for pilot programme
OpenAI has won a US$200mil contract for a pilot programme aimed at helping the US Defence Department determine how it could best use artificial intelligence (AI) for a range of administrative and security tasks.
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Corporate News
Bina Puri eyes turnaround with FY25 profit
Bina Puri Holdings Bhd is expected to stage a turnaround with a core profit of RM7.8mil for its financial year 2025 ending June 30 (FY25), its first since FY19, says TA Research.
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Economy
Trump, Starmer agree to implement tariff-cutting deal
Prime Minister Keir Starmer reached an agreement with US President Donald Trump to implement trading terms disclosed last month to slash US tariffs on key British exports and raise quotas on certain American agricultural products.
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Insight
A balancing act for SST
After a two-month delay, the government has announced that the targeted revision of the sale tax rate and expansion of the service tax scope will be implemented on July 1.
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Corporate News
BLand signs MoU for Perlis rare earth mining
Berjaya Land (BLand) has signed a memorandum of understanding with Impianan Utara Sdn Bhd to explore rare earth mining and the planting of Napier hybrid grass and Blackthorn durian in Perlis.
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Markets
Bursa Malaysia closes lower amid foreign selling
Bursa Malaysia closed lower yesterday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, say analysts.
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Corporate News
Invictus Blue crowned top local integrated agency
Communications agency Invictus Blue has clinched the No. 2 spot on the overall leaderboard at the D-Awards 2025 by the Malaysian Digital Association, making it the highest-ranked local agency in a field largely dominated by international networks.
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Corporate News
Deleum targets growth via RM60mil deal
Oil and gas services company Deleum Bhd's proposal to buy regional assets will add more value and options to its operations in its offshore services solutions.
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Corporate News
Yinson Production inks US$1bil deal
Yinson Production has closed a US$1bil investment from a consortium comprising a wholly-owned subsidiary of the Abu Dhabi Investment Authority, and funds managed by British Columbia Investment Management Corp and RRJ Group.
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Corporate News
SunCon poised to exceed job win target
Sunway Construction Group Bhd (SunCon) could surpass its own target of new job wins this year, with Maybank Investment Bank Research (Maybank IB Research) expecting the group to clinch RM8bil of new contracts this year (FY25).
