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Mah Sing, KLK Land form JV to develop RM2.26b industrial park in Kulai
KUALA LUMPUR, Dec 19 — Mah Sing Group Bhd has entered into a strategic joint venture (JV) with Kuala Lumpur Kepong Bhd’s unit, KLK Land Sdn Bhd, to acquire and develop 169.62 hectares of freehold industrial land in Kulai, Johor.
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India streamlines visa rules in boost for Chinese professionals
NEW DELHI, Dec 18 — India has reformed its business visa regime to ease movement of foreign engineers and technicians, the government said in a statement, which will be a boost local firms leaning on Chinese professionals for manufacturing services.
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Bursa Malaysia slides in early trade, firm domestic sentiment may support later
KUALA LUMPUR, Dec 17 — Bursa Malaysia started lower on Wednesday on mild profit-taking in early trade, tracking weaker regional markets and mixed Wall Street cues, while firm domestic sentiment may lend support later in the session. At 9.15 am, the
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Asian markets drift as US jobs data fails to boost rate cut hopes
HONG KONG, Dec 17 — Asian equities fluctuated today as mixed US jobs data did little to boost expectations for another interest rate cut next month, while oil rallied after Donald Trump ordered the blockade of “sanctioned” Venezuelan tankers. With Federal
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Spain fines Airbnb €64m for advertising banned rental properties
MADRID, Dec 16 — Spain’s leftist government said yesterday it had fined Airbnb more than €64 million (RM307 million), notably for advertising banned rental properties, at a time the country faces a housing crisis. The fine is final, the consumer
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Ringgit opens stronger at 4.08 vs US dollar, highest since April 2021
KUALA LUMPUR, Dec 16 — The ringgit surged to the 4.08 level against the US dollar at Tuesday’s opening, marking its strongest performance in nearly five years, as improved confidence in the Malaysian economy boosted demand for the local currency.
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Early trading sees ringgit up against greenback as investors eye US jobs and inflation data
KUALA LUMPUR, Dec 15 — The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency. At 8.32 am, the ringgit strengthened to
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Crypto firms in UK to face same rules as traditional financial providers by 2027
LONDON, Dec 15 — Britain’s government on Monday said UK laws on regulating cryptocurrency firms will come into force from 2027, with the “firm and proportionate” rules supporting the industry while protecting consumers. Cryptocurrency companies will be “regulated by the
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China targets balanced growth with higher imports, service exports and consumption boost
BEIJING, Dec 13 — China plans to expand exports and imports next year as part of efforts to promote “sustainable” trade, a senior economic official said today, state broadcaster CCTV reported. The trillion-dollar trade surplus posted by the world’s second-largest
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Malaysia’s power giant TNB plugs into global glory at World Branding Awards
KUALA LUMPUR, Dec 12 — Tenaga Nasional Bhd’s continuous commitment to strengthening its brand presence in an ever-changing market was recognised as it received the prestigious Brand of the Year 2025-2026 award at the World Branding Awards held in Osaka,
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