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Back to homepageCustoms crackdown seizes 13 imported vehicles worth RM4.6m in Klang Valley raids; company directors questioned
PETALING JAYA, March 16 — The Royal Malaysian Customs Department (JKDM) has seized 13 imported vehicles of various models worth approximately RM4.61 million, including duties and taxes, after they were found to have been stored beyond the permitted period at
Read MoreIJM plans India exit to unlock shareholder value
PETALING JAYA, March 16 — IJM Corp Bhd plans to exit its highway investments in India as part of its efforts to unlock shareholder value. This follows IJM’s independent adviser, M&A Securities Sdn Bhd, stating last Friday that Sunway Bhd’s
Read MoreIndonesia firms in palm oil fraud probe supplied fuel majors
BANGKOK, March 16 — Indonesian companies targeted in a palm oil fraud probe supplied European firms including Italian energy giant Eni and Finnish sustainable aviation fuel leader Neste, an investigation by AFP and SourceMaterial has found. The links raise fresh
Read MoreGold dips to below US$5,000 per troy ounce for first time since late February
MOSCOW, March 16 —The price of gold fell this morning, dropping below US$5,000 (RM19,670) per troy ounce for the first time since late February, according to trading data reported Sputnik/RIA Novosti. As of 05:05 GMT, the price of the April
Read MoreAzalina: AG and PP roles set for split after bipartisan support; parliamentary vote expected in June
KUALA LUMPUR, March 16 — Both Opposition and government MPs agree that the roles of Attorney General (AG) and Public Prosecutor (PP) should be separated, with the government aiming to bring the Bill for the split to Parliament in June,
Read MoreTrump says he has ‘absolute right’ to charge tariffs in another form
WASHINGTON, March 16 — US President Donald Trump said today he had the authority to impose duties despite the US Supreme Court last month striking down his global tariffs. “I have the absolute right to charge TARIFFS in another form,
Read MoreBursa Malaysia lower at midday amid selected selling
KUALA LUMPUR, March 16 — Bursa Malaysia remained lower at midday, weighed down by profit-taking in industrial products and services, consumer products and services, and construction stocks. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.78 points, or
Read MoreTransport Ministry clarifies use of pick‑up trucks, de‑controlled vehicles for business goods transport from April 1
PUTRAJAYA, March 16 — The Ministry of Transport (MOT) today announced that it has issued new guidelines on the use of de‑controlled vehicles and pick‑up trucks for transporting goods. Its minister, Anthony Loke, said under the clarification, goods vehicles with
Read MoreChina economy gets early 2026 lift as retail sales, industrial output beat forecasts
BEIJING, March 16 — Activity in China’s retail and industrial sectors picked up in the first two months of the year, official data showed today, as Beijing tries to revive domestic spending while navigating mounting external risks. Leaders in the
Read MoreUN climate chief: Iran war demonstrates dangers of fossil fuel dependence
BRUSSELS, March 16 — The disruption to energy markets caused by the Iran war is an “abject lesson” in the risks of relying on fossil fuels, and underscores the case for governments to wean their economies off oil and gas,
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