ALOR SETAR: Numbers forecast operators welcome the decision by the Alor Setar High Court that ruled the Kedah state government’s decision to ban the renewal of business premises licences as unconstitutional. In a joint statement, STM Lottery Sdn Bhd (STM Lottery) and Magnum Corporation Sdn Bhd (Magnum) described the ruling …

PETALING JAYA: The Securities Commission (SC) has filed a civil suit against Datuk Raymond Chan Boon Siew, for insider trading involving the shares of Naim Indah Corp Bhd (Nicorp), now known as Pegasus Heights Bhd. In a statement, the SC said the suit, filed on July 5, 2024 at the …

KUALA LUMPUR: Phase 1 of the Point of Presence (PoP) Project, involving the installation of 677 PoPs in schools and industrial areas valued at RM673.2mil, has achieved 99.11% completion. Deputy Communications Minister Teo Nie Ching said as of Wednesday (July 10), 671 out of 677 PoPs have been successfully installed, …

KUALA LUMPUR: The Malaysian Digital Association (MDA) announced Omnicom Media Group Sdn Bhd chief executive officer Eileen Ooi and REV Media Group chief operating officer Nicholas Sagau as the president and vice-president respectively at its 15th annual general meeting. “I am thrilled and deeply honoured to be elected as the …

KUALA LUMPUR: Public listed companies (PLCs) need to step up on environmental, social and governance (ESG) disclosure to comply with Bursa Malaysia’s enhanced sustainability reporting by 2025 for the Main Market and 2026 for the ACE Market, said Bursa Malaysia. The exchange said that only 18 per cent or 169 …

(Reuters) -Space startups attracted $2.41 billion in global investments from April to June, marking a third consecutive quarter of growth in funding, according to British investment firm Seraphim Space. WHY IT’S IMPORTANT This positive trend follows a period of high interest rates that had deterred investors from funding companies involved …

NEW DELHI (Reuters) – Being on the wrong side of 30 in the brutally demanding sport of badminton, HS Prannoy prefers his matches to be short and sweet. The Indian plans to reach Paris with a “surprise package” as he plots ways to overcome younger opponents on his Olympic debut. …

PETALING JAYA: Malaysia and Uzbekistan marked a significant milestone in bilateral relations with the inauguration of the Malaysia-Uzbekistan Business Chamber (MUBC). The inaugural meeting was hosted at the Uzbekistan embassy and presided over by the Uzbekistan ambassador to Malaysia Karomiddin Gadoev. The setting up of the MUBC follows the successful …

BANGKOK (Reuters) – Thailand’s Election Commission on Wednesday endorsed 200 new senators who will replace a military-appointed upper house, revealing a new legislative body that analysts say could make it harder for the embattled ruling Pheu Thai party to govern. The new upper house will not have a role in …

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) is drawing from the combined strength of the Asean-Greater China network of which it is a part to help its customers realise their aspirations. According to OCBC Bank chief executive officer Tan Chor Sen, being part of the OCBC Group, which is …