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Malaysia’s breakfast table is a delicious reflection of its multicultural soul. A traditional Malaysian breakfast draws inspiration from Malay, Chinese, and Indian cuisines, blending them...
MARC highlights that using this differential as a metric offers a nuanced view of fiscal sustainability, differing from traditional deficit and debt ratios. Current projections indicate Malaysia is on track to meet this differential target, although boosting economic growth remains essential for long-term stability.
As of the latest trading session, the ringgit was seen strengthening, with analysts attributing the gains to improved economic indicators. Lower inflation rates are typically viewed as favorable, as they suggest stability in the economy and can lead to increased consumer spending. This shift has provided a more favorable environment for the currency, enhancing its appeal to investors.
The basic earnings per share improved to 12.10 sen from 9.55 sen in the prior year, underscoring AFHB's positive financial trajectory. Despite these encouraging results, the company remains vigilant in light of global macroeconomic uncertainties that may impact its operations.
According to Cropmate's draft prospectus, the initial public offering (IPO) will consist of the public issuance of 210 million new ordinary shares, alongside an offer for sale of 50 million shares. This significant move is expected to bolster the company's capital base and broaden its market reach.
With this expansion, AirAsia is projected to increase its market share to 64%, reinforcing its leadership position within the Malaysian aviation sector. The airline aims to balance its market dominance with a strong commitment to maintaining high standards of customer service, ensuring that it continues to deliver exceptional experiences even as it navigates industry dynamics.
Currently, LTAT holds a 28.88% stake in Affin Bank, while Boustead, wholly owned by LTAT, possesses about 20%. Sarawak's acquisition will include Boustead’s entire stake and a portion of LTAT's shares, positioning Sarawak as the largest shareholder in Affin Bank. Presently, Sarawak holds a modest 4.8% stake.
The crackdown, conducted in several cities across Malaysia, has drawn considerable attention due to the high number of foreign nationals among those detained.
Currently, institutional investors—such as pension funds, asset management companies, and sovereign wealth funds—hold a significant portion of shares listed on Bursa Malaysia.
The classified note, which was leaked earlier this week, reportedly contains sensitive information regarding ongoing discussions and agreements between Malaysia and China
Malaysia Aviation Group (MAG), the parent company, announced the decision on August 24, stating that it is taking steps to address these disruptions and ensure long-term operational stability.
Malaysia also reiterated its call for the international community to intensify diplomatic efforts to achieve a two-state solution, which it views as the only viable path to lasting peace in the region.
Malaysia has initiated an anti-dumping investigation into PET imports from China and Indonesia, responding to allegations of unfair pricing and potential harm to the domestic industry.
The Malaysian leader’s Facebook post featured a conversation with a Hamas representative in which he extended his sympathies for Haniyeh’s death in Tehran on Wednesday.
The investment, trade and industry minister stressed that Umno needs to demonstrate to the public that it has fresh ideas to safeguard their welfare, boost the nation's economy, and secure the future of their children.
The Health Ministry has announced plans to recruit more than 3,000 medical professionals through interim appointments, aiming to address staffing shortages and improve healthcare services nationwide.
The incident occurred in the early hours of Friday evening, leading to immediate action from the Rapid KL team. According to a statement released by Rapid KL, the fire was swiftly brought under control, and efforts were made to ensure the safety of passengers and the continuity of services.