Malaysia Business News, Finance News, Stock Updates | Malay Mail

District police chief ACP Wan Azlan Wan Mamat stated that police received an emergency call from a member of the public regarding the incident at approximately 3.50 pm. — Bernama pic

Malaysia / 17 h ago

Two men dead, one injured after fall from Subang Jaya skylift

Rain clouds are seen over the city centre in Kuala Lumpur, on Dec 8, 2024. — Bernama pic

Malaysia / 15 h ago

MetMalaysia warns of heavy rain and strong winds across KL, Selangor, five other states

A still shows Federal Territories Department staff performing in a Hari Raya video.

Malaysia / 19 h ago

Hannah Yeoh unveils FT Dept’s Raya video at restored Sultan Abdul Samad Building

Tan Sri Nallini Pathmanathan, who recently retired as a Federal Court judge, wanted to be a doctor but ended up becoming the only lawyer in her family for her generation. — Picture by Yusof Isa

Malaysia / 19 h ago

Malaysia’s first Indian woman Federal Court judge Nallini Pathmanathan looks back on a long career

Heavy traffic is seen at the Gombak Toll Plaza heading towards the East Coast in conjunction with Hari Raya Aidilfitri celebrations on April 6, 2024. — Picture by Yusof Mat Isa

Malaysia / 14 h ago

Anwar announces 50pc toll discount for Hari Raya, says will cost Putrajaya RM21m

Malaysian manufacturers are under pressure to cut prices and improve efficiency as competition from Chinese products intensifies, says FMM president Jacob Lee Chor Kok. — Picture by Sayuti Zainudin

Money / 16 h ago

Price wars incoming? Malaysian manufacturers say nearly half of local firms forced to cut prices amid China pressure

The East Coast Rail Link is set to start operations in 2027. — Malaysia Rail Link picture

Malaysia / 17 h ago

Tracks done: All 519km ECRL laid from Kota Bharu to Gombak, testing begins ahead of 2027 launch

An excavator driver refuelling the vehicle with diesel in Khantan, Perak on June 10, 2024. — Picture by Farhan Najib

Malaysia / 14 h ago

MOF disburses extra RM100 to cushion impact of 80 sen diesel price spike amid Iran crisis

Activist Arun Dorasamy (centre) arrives at the Jawi Magistrate’s Court on March 17, 2026. — Facebook pic

Malaysia / 16 h ago

Johor PKR Youth criticises Deputy Minister Kulasegaran for accompanying activist Arun to court

At 6pm, the local currency strengthened to 3.9155/9200 against the greenback from yesterday’s close of 3.9260 /9310. — Picture By Choo Choy May

Money / 11 h ago

Ringgit trades higher against most Asean currencies following positive shipping news

Preacher Zamri Vinoth is brought by the police to the Kuala Lumpur Court Complex on March 17, 2026. — Picture by Sayuti Zainudin

Malaysia / 19 h ago

Preacher Zamri Vinoth claims trial over inflammatory FB post, denies fleeing to Thailand

Prime Minister Datuk Seri Anwar Ibrahim and the Malaysian officials in a video conference with Penang-born CEO of tech giant Intel, Tan Lip Bu on the company’s expansion plans. — Picture from Facebook/Anwar Ibrahim

Malaysia / 17 h ago

Anwar says Intel boss Tan Lip Bu has outlined Malaysia investment, advanced complex to start later this year

Nalinee Kothandabani, 41, pled guilty on March 17, 2026 to a charge of intentionally causing hurt to Rani Arumugam,45, by punching her at a fast food outlet in Serdang Raya, Selangor, on December 8, 2025 and was fined RM2,000. — Bernama pic

Malaysia / 12 h ago

For punching disabled fast food worker in Serdang Raya, IT engineer gets RM2,000 fine

Tehran has not confirmed security chief Ali Larijani’s death, nor did the post address the claim. — AFP pic

World / 11 h ago

Amid escalating Middle East tensions, a poignant note from Iran’s alleged fallen leader

A projectile approaches what U.S. Central Command (CENTCOM) says is an Iranian naval vessel during strikes near the Strait of Hormuz on March 10, 2026, in this screen grab from a video released by CENTCOM. — Reuters pic

Malaysia / 14 h ago

Why can’t Malaysia escape global fuel prices despite being oil producer? MoF explains

Money

9 h ago

Tunku Aminah is new U Mobile chairman, Vincent Tan moves to adviser as Mawar Setia stake rises above 50pc

The board of Malaysian telco, U Mobile, underwent a reshuffle with the appointment of Tunku Tun Aminah Sultan Ibrahim as its new chairman as the investment company she co-founded with Tan Sri Vincent Tan, Mawar Setia Sdn Bhd, increases its equity stake to above 50 per cent. — Picture by Firdaus Latif

KUALA LUMPUR, March 17 — Tunku Tun Aminah Sultan Ibrahim has been appointed chairman of U Mobile Sdn Bhd with effect from March 13, 2026 following the relinquishment of Tan Sri Vincent Tan Chee Yioun from his position as chairman with effect from the close of business on March 12,...

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At 6pm, the local currency strengthened to 3.9155/9200 against the greenback from yesterday’s close of 3.9260 /9310. — Picture By Choo Choy May

Money / 11 h ago

Ringgit trades higher against most Asean currencies following positive shipping news

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 14.43 points or 0.85 per cent to 1,710.99 from yesterday’s close of 1,696.56. — Picture by Hari Anggara.

Money / 11 h ago

Bursa Malaysia rebounds on bargain hunting, in sync with positive regional markets

Datuk Seri Arthur Kurup, Minister of Natural Resources and Environmental Sustainability (NRES), who officiated the ribbon cutting. In his address, the minister highlighted the critical intersection of natural resources and foreign direct investment (FDI) amidst the current global geopolitical climate. — Picture courtesy of Yamada Consulting & Spire

Money / 12 h ago

Yamada Consulting & Spire opens new KL office, signals shift from manufacturing to ‘co-creation’ in Japan-Malaysia ties

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A subsidiary of Hong Kong conglomerate CK Hutchison said Panamanian officials had not responded to its lawsuit opposing the suspension of its Panama Canal operations because they had failed to hire lawyers. — AFP pic

13 h ago

CK Hutchison unit seeks US$2b damages after Panama Canal port suspension

YTL AI Labs has collaborated with Nvidia to advance Malaysia’s sovereign artificial intelligence (AI) capabilities, using Nvidia’s Nemotron open models. — Picture via Facebook/NVIDIA Asia Pacific

13 h ago

YTL AI Labs teams up with Nvidia to launch Ilmu‑Nemo‑30B, fine‑tuned for Malaysian datasets and local needs

The United Kingdom's flag carrier will operate the daily route from January 11 using a Boeing Dreamliner 787-9. The aircraft will feature a four-class configuration, including First, Club World (business), World Traveller Plus (premium economy), and World Traveller (economy) cabins. — AFP fire

15 h ago

British Airways to fly from Melbourne to London… via KL starting Jan 2027

Rising global tensions in West Asia are driving up freight, fuel, and fertiliser costs, putting pressure on Malaysian manufacturers, FMM said on March 17, 2026. — Picture by Firdaus Latif

16 h ago

Fuel, freight, fertiliser: FMM warns rising freight and energy costs from West Asia tensions could hit Malaysian prices… hard

Malaysian manufacturers are under pressure to cut prices and improve efficiency as competition from Chinese products intensifies, says FMM president Jacob Lee Chor Kok. — Picture by Sayuti Zainudin

16 h ago

Price wars incoming? Malaysian manufacturers say nearly half of local firms forced to cut prices amid China pressure

Pos Malaysia Bhd expects parcel volumes to increase by between 15 per cent and 20 per cent during the Hari Raya Aidilfitri period this year compared with ordinary months, driven largely by purchases of Raya clothing and hijabs. — Picture by Sayuti Zainudin

19 h ago

Pos Malaysia sees 15 to 20pc rise in Raya parcels, hijabs leading orders

The ringgit opened higher against the US dollar today, buoyed by improved global sentiment as market participants reacted positively to developments in the oil market. — Reuters pic

20 h ago

Ringgit strengthens to RM3.9195 as oil market optimism and softer US dollar boost investor confidence

China’s snow-related equipment sales have surged almost fourfold since 2015, but interest has levelled off since the Beijing Winter Olympic Games in 2022 and a post-Covid boom. — AFP pic

23 h ago

China’s ski industry invests in homegrown gear amid Olympic-era winter sports push

The average fuel prices in New South Wales, Australia in March 2026 after the Gulf crisis have surged from A$1.60 (US$1.12; RM4.41) a litre a month ago to A$2.23 (RM6.14) for petrol while diesel has gone even higher from an average A$2.62 (RM7.22), according to monitoring service Fuel Watch. — Picture by Choo Choy May

1d ago

Panic buying hits Sydney as fuel prices soar amid Hormuz Strait jam; motorists stockpile in NSW

Malaysia’s currency closed higher than the greenback at 3.9260/9310 on March 16, 2026 due to the global high oil price due to the ongoing conflict in the Gulf region. —Reuters pic

1d ago

Stronger ringgit caps Monday trading as West Asia tensions keep oil prices high

Corporate disputes in Malaysia put NexG Bhd and related companies under the spotlight amid ongoing investigations. — Picture by Choo Choy May

1d ago

Malaysian businessman says he’s not part of ‘corporate mafia’, calls for inquiry amid police investigations into NexG

Permodalan Nasional Bhd (PNB) has decided not to accept Sunway Corporation Bhd’s voluntary takeover offer for its 13.5 per cent stake in IJM Corporation Bhd following an evaluation by its Board Investment Committee. — Picture by Azneal Ishak

1d ago

PNB turns down Sunway’s RM11b takeover offer for IJM after valuation review

In 2025, Foxconn’s net profit came to NT$189.4 billion (RM23.2 billion), up from NT$152.7 billion in 2024. — AFP pic

1d ago

AI to drive growth despite geopolitics, Taiwan’s Foxconn says

Group chief executive officer and managing director Datuk Lee Chun Fai said the proposed India exit forms part of the group’s strategy to streamline its portfolio and allow the market to better recognise the value of its assets. — Reuters pic

1d ago

IJM plans India exit to unlock shareholder value

As of 05.05 GMT, the price of the April gold futures on the New York Comex exchange fell by 0.88 per cent to about US$5,017 per troy ounce after briefly slipping below US$5,000 for the first time since February 20. — Reuters pic

1d ago

Gold dips to below US$5,000 per troy ounce for first time since late February

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Eco Wave Power Featured in NVIDIA CEO Jensen Huang's GTC Keynote Video Highlighting the Role of Renewable Energy in the AI Era

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Surge Announces Former Berkshire Hathaway Energy Executive Mr. Richard Weech Joins the Board as an Independent Director

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Founders Metals Added to GDXJ Index; Commences Drilling at Antino North

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