Corporate News

Karex to raise prices sharply as Iran war strains supply chain

Karex Bhd, the world's top condom producer, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive officer (CEO) says.

Technology

YTL AI Labs launches Ilmu Claw AI platform

YTL AI Labs has launched Ilmu Claw yesterday, enabling Malaysian users, developers, and enterprises to build autonomous artificial intelligence (AI) agents, hosted entirely on Malaysian infrastructure through the secure YTL AI Cloud.

Corporate News

Uzma unit in Boustead tie-up

Uzma Bhd via its subsidiary Uzma Space and Defence Sdn Bhd is exploring a collaboration with Boustead Holdings Bhd in the areas of satellite communications and geospatial intelligence.

Nation

Carbon tax halt backed by analysts

PETALING JAYA: The decision to delay the rollout of the planned carbon tax for industries has been described as a sensible move amid prevailing economic and geopolitical uncertainties in the Middle East, though analysts say clear communication will be crucial to avoid perceptions of policy inconsistency.

Corporate News

EI Power eyes ACE Market IPO

Power engineering solutions provider, EI Power Bhd (EIP) has launched its prospectus in conjunction with its initial public offering (IPO) exercise on the ACE Market of Bursa Malaysia.

Nation

Perlis govt to stay till GE

KANGAR: The Perlis administration will remain intact until the next general election, says Peri­katan Nasional state leadership.

Economy

Tech sector to improve on pricing, AI demand

Improvement in price adjustments and growing exposure to artificial intelligence data centres (DCs) within analogue semiconductors are positive factors supporting the local technology sector, moving forward.

Nation

No horsing around with animal safety in erratic weather

CYBERJAYA: Most pet owners are well aware of how to care for their pets during unpredictable weather, says Department of Veterinary Services director-­general Datuk Dr Mohd Noor Hisham Mohd Haron.

Sabah & Sarawak

Early morning tremor rattles Kundasang

KOTA KINABALU: A mild earthquake, registering 3.5 on the Richter scale, jolted Kundasang early in the morning, causing a brief shake in the highland town during the quiet hours before dawn.

Aviation

Naico upbeat on aerospace industry expansion

National Aerospace Industry Corp Malaysia (Naico) remains optimistic that the country's aerospace industry will expand between 15% and 20% by 2030, underpinned by strong investment momentum and growing capabilities across the ecosystem.

Insight

A wartime economy set to be different this time

I recently heard a terrifying prediction: Advances in defence technology will change the way war is waged today as much as industrialisation did in World War I.

Corporate News

Cost inflation may trigger AmBank strategy review

AMMB Holdings Bhd (AmBank) could reassess its growth strategy, particularly within its business banking portfolio, if oil prices stay elevated for a prolonged period amid persistent cost inflation.

Nation

All eyes on Negri assembly 

SEREMBAN: The Negri Sembilan state legislative assembly sitting is usually a quiet affair. But the opening of the assembly tomorrow has become a closely watched one after an unprecedented move to depose the state Ruler.

Economy

Matrade aids MSME exports with RM5bil scheme

The government's RM5bil financial guarantee initiative for micro, small and medium enterprises (MSMEs) is expected to provide a significant boost to the sector, particularly exporters, by strengthening their working capital and sustaining trade momentum amid current cost pressures.

Corporate News

Maybank to shift head office to Menara Merdeka 118

Malayan Banking Bhd (Maybank) will relocate its head office from Menara Maybank in Jalan Tun Perak to Menara Merdeka 118 effective May 6, 2026.

Nation

Durians arrive earlier and tastier

GEORGE TOWN: Durians have hit the streets early with the D604, Lipan and even Musang King varieties kickstarting the season in Penang.

Corporate News

MTT Shipping’s listing raises RM653mil

MTT Shipping and Logistics Bhd slipped below its initial public offering (IPO) price on its market debut, turning underwater after an initially firm start.

Insurance

ITOs still under pressure from surging medical claims

Domestic insurance and takaful operators (ITOs) can expect elevated medical claims to remain a near-term headwind, says BIMB Securities Research.

Corporate News

Public Bank set for capital efficiency uplift

Analysts remain positive on Public Bank Bhd, citing its strong capital buffers and upcoming capital optimisation initiatives that could support shareholder returns and sustain its premium valuation.

Telcos

Dividend yields add lustre to telecoms sector

Telekom Malaysia Bhd (TM) may fund longer-term capital expenditure from additional borrowings, freeing internally generated cash for dividends moving forward.