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World Bank’s International Finance Corp invests RM60m as cornerstone investor in Sunway Healthcare IPO
KUALA LUMPUR, March 18 — The World Bank Group, through the International Finance Corporation (IFC), has invested RM60 million as a cornerstone investor in Sunway Healthcare Holdings Bhd’s initial public offering (IPO). IFC said the investment will enable the company
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Bursa Malaysia ends higher on regional gains, KLCI up 1.10pc
KUALA LUMPUR, March 18 — Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 18.82 points or
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Bursa Malaysia, subsidiaries to close March 20–23 for Hari Raya Aidilfitri
KUALA LUMPUR, March 18 — Bursa Malaysia and its subsidiaries will be closed from Friday to Monday (March 20-23, 2026) in conjunction with the upcoming Hari Raya Aidilfitri public holiday. In a statement today, the exchange said Bursa Malaysia and
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Myanmar imposes 5pc special goods tax on imported electric vehicles
YANGON, March 18 — Myanmar has imposed a 5 per cent special goods tax on imported battery electric vehicles (BEVs) under the 2026 Union Tax Law, the state-owned daily The Global New Light of Myanmar reported today, reported Xinhua. According to the
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Currencies tread water as easing oil prices calm markets ahead of key central bank meetings
TOKYO, March 18 — The US dollar inched higher today as easing crude oil prices steadied currency markets ahead of a series of central bank meetings. The greenback was little changed against the British pound and Japanese yen, which pulled
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UK, Rwanda face off in RM523m arbitration dispute in The Hague over collapsed migrant agreement
THE HAGUE, March 18 — Britain and Rwanda crossed swords at an international court today, with Kigali seeking more than £100 million (RM523 million) it says London still owes from a scrapped deal to deport migrants. Officials from the two
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Nato boosts air defences in Turkiye with new Patriot battery after Iran missile incidents
INCIRLIK AIR BASE (Turkiye), March 18 — Turkiye’s defence ministry said today Nato was deploying a new Patriot missile battery at Incirlik air base, just days after a third ballistic missile from Iran was shot down. “Another Patriot system… is
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Japan’s tourism reshuffle: Chinese numbers collapse, South Korea, Taiwan and US visitors hit new highs
TOKYO, March 18 — Chinese visitors to Japan tumbled 45.2 per cent in February from a year earlier, official data showed Wednesday, as the fallout from the countries’ diplomatic spat bit for the third month running. Previously Chinese travellers were
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Car cloning in Malaysia: How syndicates turn stolen cars into ‘legitimate’ deals
KUALA LUMPUR, March 18 — A recent police bust of a major car cloning syndicate has shed light on a sophisticated and deceptive vehicle fraud operating in Malaysia. While not yet at a critical level, Bukit Aman CID director Datuk
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Customs uncover smoky business in Penang, bust three smuggling rings in BM, seize nearly RM4m in goods
BUTTERWORTH, March 18 — The Royal Malaysian Customs Department (JKDM) has busted three syndicates smuggling cigarettes and liquor, seizing goods worth RM3.9 million in separate raids in Bukit Mertajam recently. Penang JKDM director Datuk Rohaizad Ali said four men were
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