PETALING JAYA: Disciplined replanting with higher yielding seeds, mechanisation and more consolidation such as merger and acquisition (M&A) will stay as the plantation industry’s key focus in the years to come, says Maybank Investment Bank (Maybank IB) Research. The sector will also remain saddled with ongoing issues such as low …

PUTRAJAYA: UN secretary-general Antonio Guterres will soon be hearing from Malaysians and their demands concerning Palestine. He will be receiving a postcard demanding all forms of violence against Palestinians be stopped immediately. The postcard was signed by Datuk Seri Anwar Ibrahim and members of his Cabinet on behalf of the …

SECTION 11 of the West Coast Expressway (WCE) from Beruas to Taiping (South) in Perak is expected to be commissioned in the first quarter of this year, at the latest in April, says the Malaysian Highway Authority (LLM). LLM deputy director-general (Development) Dr Nadzrol Fadzilah Ahmad said efforts were being …

PETALING JAYA: Rakuten Trade Sdn Bhd has placed a “buy” call on Mah Sing Group Bhd with a higher target price of RM1.11 from RM0.87, in anticipation of stronger sales this year. In a research note, Rakuten Trade said the property developer has a total remaining gross development value (GDV) …

LONDON (Reuters) – A billionaire ally of Russian businessman Roman Abramovich renewed his bid to overturn British sanctions at the Court of Appeal on Wednesday, saying he was targeted because of pressure put on then Foreign Secretary Liz Truss by a Cabinet colleague. Oil tycoon Eugene Shvidler was sanctioned in …

PETALING JAYA: Earnings of listed cement producers are expected see a boost from higher selling prices and lower input costs. UOB Kay Hian (UOBKH) Research said Hume Cement Industries Bhd had seen a boost in its earnings and margins from an improved cost structure. “Based on our channel checks, bulk …

PETALING JAYA: Hong Leong Islamic Bank Bhd (HLISB) has launched a pilgrimage funding service in collaboration with Andalusia Travels & Tours Sdn Bhd, an umrah and hajj package service provider. Andalusia aims to handle about 80,000 umrah pilgrims in 2024 according to its director and legal director Ida Riswana Idris. …

PETALING JAYA: Rexit Bhd, which provides the electronic link between insurance companies and the Malaysian Road Transport Department, has received an unconditional mandatory general offer (MGO) from its new major shareholders. The MGO was triggered after Datuk Seow Gim Shen, Metaco Asset Holdings Sdn Bhd and Bemas Holdings Sdn Bhd …

LONDON (Reuters) – Brentford striker Ivan Toney declared himself ‘free’ on Wednesday after ending an eight month ban for 232 breaches of the betting rules and then fuelled transfer speculation by saying he wanted to play for a top club. The 27-year-old England international, Brentford’s top scorer last season, posted …

DAVOS, Switzerland (Reuters) – Wipro is feeling a “bit more” optimistic about its next financial year as clients spend more on artificial intelligence (AI) to reduce operating costs, the head of the Indian IT firm’s Americas 2 business told Reuters on Wednesday. “Most client conversations are about cost-saving efforts and …