Bursa Malaysia's early gains erode as investors lock in profits
The benchmark index had initially opened 1.78 points firmer at 1,647.46.
Tue Oct 22 2024
Consider This: GISB Children (Part 1) — Rescue Is Just the Beginning
A total of 572 children and teenagers have recently been rescued from alleged abuse, exploitation, and forced labour, following several raids to charity homes linked to Global Ikhwan Services and Business Holdings (GISB). The case however raises broader concerns about Malaysia’s child welfare system that allowed these children to fall through the cracks. What kind of support do these rescued children need now, and how can we ensure that no other institutionalised children suffer the same fate? On this episode of #ConsiderThis Melisa Idris speaks to Datin Elya Lim Abdullah, a trustee at OrphanCare, which is a non-profit foundation that advocates for ending the institutionalisation of children.
Fri Sep 27 2024
Retired nurse loses over RM1.9 million in non-existent investment scam
Police said the victim was promised a profit within a month but until now, had not received any returns as pledged.
Wed Sep 04 2024
Profit-taking drags Bursa Malaysia lower at midday
On the broader market, decliners outnumbered advancers 667 to 365, with 440 counters unchanged, 1,008 untraded and seven suspended.
Tue Aug 20 2024
Consider This: Business & Human Rights — Profit With Principles
The report on Malaysia’s first National Baseline Assessment on Business and Human Rights has just been released, shining a spotlight on how corporate actions can directly impact fundamental human rights. As Malaysia pushes for greater economic growth, this report raises urgent questions about whether businesses are doing enough to protect the rights of workers and communities. On this episode of #ConsiderThis Melisa Idris speaks to lawyer Edmund Bon, Representative of Malaysia to the ASEAN Intergovernmental Commission on Human Rights, and lead consultant for the National Baseline Assessment report.
Mon Aug 19 2024
Ringgit softer versus US dollar in early trade on profit-taking
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the local note is overbought following last week's gain.
Mon Jul 15 2024
Astro's 1Q net profit up 14.1 pct to RM17 mln
Astro Malaysia Holdings Bhd's net profit rose to RM17 million in the first quarter ended April 30, 2024 (1Q) from RM15.89 million in the same period a year ago.
Wed Jun 26 2024
Drop in foreign vehicles refueling with diesel near border
Despite potential profit losses for petrol stations, operators and workers are relieved as it curbs diesel smuggling and misappropriation.
Fri Jun 21 2024
Targeted diesel subsidy: Op Kesan 2.0 to commence tomorrow - Armizan
The operation aims to curb profiteering and price manipulation using the adjustments of diesel prices at petrol stations as an excuse.
Fri Jun 07 2024
AWANI Review: IKEA: Can Affordability, Profit, and Sustainability Coexist
In today's business world, it's about more than just making a profit. IKEA gets that—it's been part of their DNA from day one. Malcolm Pruys, Retail Director at IKEA Malaysia, shares how the company is paving the way towards a future where retail can thrive sustainably and profitably, while still keeping prices within reach for all.
Sat Apr 27 2024
TH announces 3.1% profit distribution for 2023
The profit for 2023 was announced based on the audited financial statements and after taking into account the impairment in the value of investment properties in Saudi Arabia and the UK.
Tue Apr 02 2024
Astro reports Q4FY24 profit of RM44mln
Amid ongoing macroeconomic headwinds and foreign currency volatility, Astro's Q4FY24 revenue1 was resilient q-o-q at RM820mn.
Thu Mar 21 2024
Adidas posts first loss in 30 years and warns on US
Adidas has been battling to right itself after it cut ties with Kanye West, suspending sales of the profitable Yeezy sneakers line.
Wed Mar 13 2024
Khazanah Nasional records better profit from operations of RM5.9 bln in FY2023
Its stronger performance driven by higher dividends and distributions from investee companies, fair value gains and capital preservation.
Mon Mar 11 2024
Negligence among reasons for employers' failure to provide proper workers' accommodation - JTKNS
Employers' negligence and profit-driven mindset are cited as reasons why they fail to provide conducive living space for their workers, according to the Negeri Sembilan Labour Department (JTKNS).
Thu Feb 29 2024