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

Since mid-2024, individuals who test positive for Covid-19 in Malaysia are no longer required to undergo Home Surveillance Orders or report via the MySejahtera app. — Picture by Choo Choy May

Malaysia / 9 h ago

Tested positive for Covid-19? No quarantine, no check-in — here’s what to do now

Prime Minister Datuk Seri Anwar Ibrahim arrived at Kazan yesterday for the second leg of his official visit to Russia, where he held a meeting with the Rais of the Republic of Tatarstan, Rustam Minnikhanov. — Bernama pic

Malaysia / 6 h ago

Anwar slams unilateral decisions by some countries as sheer display of power and arrogance, ignoring interests of small nations

Police officers conducting investigations at the scene of a shooting that claimed the lives of two male suspects in the parking area of a condominium today.
The two suspects, believed to be actively involved in robbery and drug trafficking cases, were shot by police at 10 pm last night. — Bernama pic

Malaysia / 6 h ago

Two robbery suspects with over 80 criminal records shot dead by police in Nilai

Chan Wee Siang cooks up the handmade egg noodles at Kota Damansara’s Chan SinKee Noodle. — Picture by Lee Khang Yi

Eat-drink / 6 h ago

The irresistible allure of handmade egg noodles at Kota Damansara’s Chan SinKee Noodle

Malaysia’s Pearly Tan (left) and Thinaah Muralitharan return a shot against South Korea’s Kim Hye Jeong and Kong Hee Yong during their women’s doubles semi-final match at the India Open 2025 badminton tournament in New Delhi, January 18, 2025. — AFP pic

Sports / 1 h ago

Pearly-Thinaah storm into Thailand Open semi-finals with dominant win

Prime Minister Datuk Seri Anwar Ibrahim announced in October last year that the government would introduce a two-tier pricing system for RON95 petrol in mid-2025. — Picture by Miera Zulyana

Malaysia / 2 h ago

Malaysia committed to petrol subsidy cuts in second half of 2025, says MOF

In the 8.50am incident on Tuesday, a truck carrying 18 Federal Reserve Unit (FRU) personnel from Unit 5, Sungai Senam, Ipoh, was involved in a collision with a lorry loaded with gravel stones while returning from an assignment in Teluk Intan, resulting in nine fatalities. — Bernama pic

Malaysia / 19 h ago

Fatal FRU crash probe: Lorry company owner to be summoned for investigation

PKR communications director Datuk Fahmi Fadzil was responding to the actions of a group of division committee members from Lenggong and Masjid Tanah, who had threatened to resign following dissatisfaction with the results of the party’s divisional elections last month. — Bernama pic

Malaysia / 5 h ago

PKR may act against division members threatening resignation, warns Fahmi Fadzil

Scientists say hotter temperatures are disrupting sleep and harming health, prompting calls to adapt by reducing stimulants and cooling the body, among other measures. — AFP pic

Life / 19 h ago

Hot nights stealing your sleep? Here’s what scientists say could help

Syrian President Ahmed al-Sharaa meets with US President Donald Trump and Saudi Crown Prince Mohammed Bin Salman in Riyadh, Saudi Arabia, in this handout released on May 14, 2025. — AFP pic/Saudi Royal Palace/Bandar Al-Jaloud

What You Think / 7 h ago

Trump didn’t just leave Syria — he pushed the whole damn table over — Che Ran

A man’s failure to heed height restrictions caused the lorry he was driving to become lodged inside a tunnel at Bukit Kecewa, Jalan Ibrahim, Labis, yesterday.

Malaysia / 3 h ago

How low can you go? Lorry gets wedged under tunnel after driver ignores height limits in Labis

Experts from King’s College London and the University of East Anglia (UEA) said the document, which the US institution acquired in the 1940s, is just one of seven from King Edward I’s issue of Magna Carta in 1300 that still survive.

World / 19 h ago

Bought for US$27, now priceless: Harvard’s Magna Carta is a rare original

PAS secretary-general Datuk Seri Takiyuddin Hassan conceded that such a serious oversight demands more than just a mere apology. — Picture by Miera Zulyana

Malaysia / 5 h ago

‘A mere apology is not enough’: PAS sec-gen admits fault, says party will accept firm action over flawed Jalur Gemilang

A Malaysian Prisons Department officer was killed after being run over by a cement lorry that reportedly suffered brake failure at a traffic light junction along the Sungai Udang-Paya Rumput-Ayer Keroh (SPA) route yesterday. — Bernama pic

Malaysia / 3 h ago

Prison officer brutally crushed beneath runaway cement lorry in Melaka

Corporal Mohd Shaukar Ishak, 36, Federal Reserve Unit (FRU) personnel, placed the FRU beret belonging to the late Sergeant Mohd Roslan Abd Rahim on his special needs son, Muhd Raqin Najmi, 13, at their home in Taman Meru yesterday. — Bernama pic

Malaysia / 6 h ago

Heartbreaking moment as friend comforts late FRU officer's disabled son

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Money

2 h ago

MRCB subsidiary secures RM2.94b contract to develop Shah Alam Sports Complex

File picture shows a replica model of the Shah Alam Sports Complex. MRCB Land Sdn Bhd’s wholly owned subsidiary, Lembaran Prospek Sdn Bhd, has signed a letter of acceptance from the Selangor state government, via Menteri Besar Selangor Incorporated (MBI), to undertake the construction and completion of the Kompleks Sukan Shah Alam, valued at RM2.94 billion. — Bernama pic

KUALA LUMPUR, May 16 — MRCB Land Sdn Bhd’s wholly owned subsidiary, Lembaran Prospek Sdn Bhd, has signed a letter of acceptance from the Selangor state government, via Menteri Besar Selangor Incorporated (MBI), to undertake the construction and completion of the Kompleks Sukan Shah Alam (KSSA), valued at RM2.94 billion.MRCB...

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Revenue for the quarter under review increased to RM2.61 billion from RM2.43 billion previously, marking a 7.7 per cent rise, driven by the year-on-year expansion of 246 new outlets, bringing the total number of outlets to 2,833 as at March 31, 2025. — Picture by Yusof Mat Isa

Money / 19 h ago

99 Speed Mart’s 1Q net profit climbs to RM143.18m as store count hits 2,833

At 6pm, the local note appreciated to 4.2795/2870 versus the greenback from Tuesday’s close of 4.2840/2910. — Picture by Choo Choy May

Money / 20 h ago

Ringgit inches up against US dollar on light demand amid cautious market mood

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.49 points, or 0.66 per cent, to 1,573.02 from Wednesday’s close of 1,583.51. — Picture by Yusof Mat Isa

Money / 21 h ago

Bursa Malaysia ends lower on profit-taking

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Datuk Seri Tengku Zafrul Abdul Aziz holds the number one seat of BAM after being unanimously elected unopposed at the election held in conjunction with the 80th Annual General Meeting (AGM) of the national badminton governing body today. Picture by Yusof Mat Isa

21 h ago

Tengku Zafrul pushes Asean-Apec digital convergence, flags AI as key to trade growth

A WestJet Boeing 787-9 Dreamliner airplane taxis along a runway at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. — Reuters pic

1d ago

Qatar’s US$96b jet order with Boeing marks biggest deal in company’s history amid Trump’s Gulf tour

Data center servers and components containing the newest artificial intelligence chips from Nvidia are seen on display at the company's GTC software developer conference in San Jose, California, US, March 19, 2025. — Reuters pic

1d ago

UAE to import 500,000 Nvidia chips yearly under US deal, poised to become AI superpower

At 6pm, the local note appreciated to 4.2840/2910 versus the greenback compared to Tuesday’s close of 4.3185/3250. — Reuters pic

1d ago

Ringgit rallies against greenback on softer US inflation, subdued Treasury yields

New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. — Reuters pic

1d ago

EV sales to stay on fast track despite tariff tensions, says IEA

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.12 points, or 0.07 per cent, to close at 1,583.51 compared to Tuesday’s close of 1,582.39. — Picture by Yusof Mat Isa

1d ago

Late buying lifts Bursa Malaysia to close marginally higher

A sample of a semiconductor chip made by Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at the Cybersec 2025 conference and expo in Taipei April 15, 2025. — AFP pic

2d ago

Trade threats or tech blackmail? Trump’s tariff push seen as pressure tactic on South Korea, Taiwan

US President Donald Trump prepares to speak during the Saudi-US investment forum at the King Abdul Aziz International Conference Center in Riyadh on May 13, 2025. — AFP pic

2d ago

Trade truce or ticking clock? US, China start pause on tariff war

2d ago

Microsoft to axe 6,000 jobs worldwide as AI spending surges

Cargo ships are seen at Westports Pulau Indah in Klang on September 27, 2024. — Picture by Firdaus Latif

2d ago

Economists dial back Malaysia’s 2025 growth forecast amid softer household demand

Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-US Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. — Reuters pic

2d ago

US eases Biden-era semiconductor export curbs, sparking new AI diplomacy

Workers work at a production line manufacturing clothing for Shein at a factory in Guangzhou, Guangdong province, China April 1, 2025. — Reuters pic

2d ago

White House cuts de minimis rate to 54pc amid new China–US trade deal

At the close of trading at 5pm May 13, 2025, the FTSE Bursa Malaysia KLCI (FBM KLCI) surged 2.32 per cent, or 35.89 points, to 1,582.39 from Friday’s close of 1,546.50. — Reuters pic

2d ago

Malaysia stocks soar after Wesak break, FBM KLCI hits two-month high on renewed global and domestic optimism

Johor Menteri Besar Datuk Onn Hafiz Ghazi said this important plan will position Johor as the first state to have a comprehensive halal economic development framework. — Picture from Facebook/Onn Hafiz Ghazi

2d ago

Johor eyes halal goldmine with 2030 plan to attract global investors, create high-income jobs

US crypto investors were major supporters of Donald Trump’s presidential campaign, contributing millions of dollars toward his victory in hopes of ending the deep skepticism toward digital currencies held by the administration of his predecessor, Democrat Joe Biden. — Reuters pic

2d ago

Trump sons’ bitcoin venture to go public in NYSE merger

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Opinion

Praba Ganesan

1d ago

Backroom party co-operation deals: A clear and present danger to democratic representation

Erna Mahyuni

2d ago

Cancer Diaries: Today I'm getting cut open

Alwyn Lau

09 May 2025

Has AI destroyed formal education?

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