MALAYSIA Aviation Group Bhd (MAG), the parent company of national carrier Malaysia Airlines Bhd, will distribute up to 2½ months’ salary in bonuses to employees after posting its second consecutive annual profit, says group managing director Datuk Captain Izham Ismail.

The airline group...

Malaysia Airlines staff to receive up to 2½ months’ bonus on second straight annual profit

Running a business takes on a whole new dimension when you are undertaking it with your siblings. That is the dynamic at SPB Development Bhd, which is led by CEO Datuk Jacky Yap, chief financial officer Datuk Sean Yap and chief operating officer Yap Lih Shyan. At an interview with City & ...

Cover Story: SPB Development grows its property business

NON-bank lender AEON Credit Service (M) Bhd (KL:AEONCR) is exploring the possibility of implementing a salary deduction scheme for civil servant borrowers, a move analysts say could be positive for the company from an asset quality standpoint.

The company is currently in early talks wit...

AEON Credit mulls salary deduction scheme for civil servants

Brokers Digest: Local Equities - Malaysian REITs, Fraser & Neave Holdings Bhd, Gas Malaysia Bhd, Deleum Bhd

AS gold prices surge nearly 25% year to date, reaching a historic high of US$3,311 per ounce last Wednesday amid global tariff disputes, jewellers are left uncertain about the future but advise caution due to potential volatility.

Jewellers whom The Edge spoke to last week say the high ...

Bullion’s rapid surge turns spotlight on jewellers and pawnbrokers 

Notable filings

During the week of April 7 to 11, notable shareholding changes at Bursa Malaysia-listed companies included those at Eastern & Oriental Bhd (KL:E&O).

According to filings with Bursa, a handful of substantial shareholders, some who...

Insider Moves: Eastern & Oriental Bhd, Awanbiru Technology Bhd, Fast Energy Holdings Bhd, Eco World Development Group Bhd, Alliance Bank Bhd, D&O Green Technologies Bhd

The fifth prime minister of Malaysia (2003–2009), Tun Abdullah Ahmad Badawi — affectionately known as “Pak Lah” — was a gentle and soft-spoken man but led his nation with strength, dignity, humility and a deep sense of moral responsibility. His legacy endures not only in public policy but in the ...

My Say: A noble statesman, a moral compass: Remembering Tun Abdullah Ahmad Badawi (1939–2025)

Donald Trump is quickly turning the US into the greatest tax haven in history. One need only note the Treasury Department’s mandate to withdraw from the transparency regime that shares the real identities of company owners; the administration’s withdrawal from negotiations to establish a UN Frame...

Unconventional Economic Wisdom: America is becoming the world’s largest tax haven

A 126-acre piece of industrial land in Melaka World Solar Valley, Alor Gajah, is up for sale via tender. According to an advertisement and after several checks by The Edge on the lot number of the site, the owner of the land has been identified as Singapore-based Maxeon Solar Technologies, Ltd, a...

China-owned solar manufacturer puts 126-acre land, manufacturing plant in Melaka up for sale

THE tariff war between the US and China is expected to lead to inflation picking up slightly in Malaysia this year as producers are likely to pass on the tariff to end-users to maintain their profit margins.

According to economists The Edge spoke to, the US’ reciprocal tariffs and China...

The State of the Nation: Ripple effect on inflation from tariff war, expectations of lower OPR ahead to support growth 

Am going to go to the gym again. Must get new shoes though. Maybe even new gym outfits, cool ones …  maybe gloves too. Else will be tough — six pack and ripped, but with calluses. Have to get rid of this belly fat and get back into shape. No need for a six pack at 54, a flat belly sans love handles would do.

Coffee Break: The first cut is the deepest …

In his keynote address at the International Strata Symposium on April 8, Minister of Housing and Local Government (KPKT) Nga Kor Ming announced that the ministry was considering introducing a new law to address the issue of poor property and building management in the country.

The sympo...

Proposed law to regulate property management services could lead to redundancy, say experts

A consortium made up of Khazanah Nasional Bhd and the Employees Provident Fund (EPF) is believed to be looking at acquiring Axiata Group Bhd’s (KL:AXIATA) 63% stake in telecommunications tower infrastructure company Edotco Group Sdn Bhd.

This comes after years of talk that Axiata would ...

Khazanah-EPF consortium looking to acquire Axiata’s stake in Edotco, say sources

FOLLOWING in Sarawak’s footsteps, the Selangor state government is considering an investment in a bank. According to sources, Selangor is looking at three banks — MBSB Bhd (KL:MBSB), Alliance Bank Malaysia Bhd (KL:ABMB) and AMMB Holdings Bhd (KL:AMBANK) — and discussions have already begun.
...

After Sarawak’s Affin move, Selangor mulls stake in local bank

Malaysia hosted the Asean Senior Officials’ Meeting (SOM) and Related Meetings on Tuesday in Kuala Lumpur, according to the country's Foreign Ministry.

Three senior official-level meetings were convened, namely the Asean SOM, Meeting of the Executive Committee of the Southeast Asia Nuclear Weapon-Free Zone (SEANWFZ ExCom), and the 18th Asean Coordinating Council Working Group on Timor-Leste’s Application for Asean Membership (ACCWG-TL).

Asean SOM discusses Community Vision 2045, Timor-Leste membership and nuclear-free zone

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

S P Setia, Sime Darby Property, CIMB, GuocoLand, DXN, Pantech, Southern Score Builders, Pharmaniaga, Mudajaya, MyEG

The government is set to announce an unprecedented recovery plan for the victims of the gas pipeline explosion in Putra Heights, Subang Jaya, says Housing and Local Government Minister Nga Kor Ming.

Govt to announce unprecedented recovery plan for Putra heights blast victims — Nga

Prime Minister Datuk Seri Anwar Ibrahim expressed hope that the diplomatic ties and friendship between Malaysia and Egypt will continue to grow, particularly in addressing complex global issues through dynamic and thoughtful engagement.

PM hopes Malaysia-Egypt ties will continue to flourish amid global challenges

President Donald Trump will sign an executive order on Tuesday to soften the impact of his automotive tariffs, the White House said.

Trump to sign order granting some auto tariff relief, White House says

The S&P 500 and the Nasdaq edged lower on Tuesday as investors assessed a slew of corporate earnings and economic data, while fresh comments on the US-China trade war dashed hopes for a quick resolution of the conflict.

S&P 500, Nasdaq inch down on Sino-US trade war developments, earnings

Amazon.com denied a report on Tuesday that it planned to disclose the cost that US tariffs imposed by President Donald Trump were adding to its products, after the White House blasted the initial story.

Amazon denies it planned to disclose cost of US tariffs on its website

Teaching hours for the Reproductive and Social Health Education (PEERS) module will be increased under the 2027 School Curriculum as part of efforts to better equip students with the essential knowledge, said Education Minister Fadhlina Sidek.

MOE to increase teaching hours for peers module in 2027 — Fadhlina

Bitcoin has surged past gold and tech stocks alike in April, rekindling the debate over whether the largest cryptocurrency serves as a refuge from market turmoil such as the strife triggered by sweeping US tariffs.

Bitcoin outshines gold, tech stocks in April amid tariff turmoil

US job openings fell last month to the lowest since September, indicating weaker labour demand amid increased economic uncertainty.

US job openings decrease to lowest level since September

The cost of a plate of nasi lemak — a beloved Malaysian staple — has skyrocketed by 81.3% over the past 13 years, rising from RM2.03 in 2011 to RM3.68 in 2024. This increase significantly exceeds the national inflation rate of 28.7% during the same period, according to the Department of Statistics Malaysia (DOSM).

Nasi lemak price jumps 81% in 13 years, much higher than Malaysia’s inflation rate

Eco-Shop Marketing Bhd has launched Malaysia’s largest IPO in eight months, aiming to raise RM419.87 million from 347 million new shares on Bursa Malaysia’s Main Market.

Eco-Shop launches Malaysia’s largest IPO in eight months at RM1.21 per share

MALAYSIA Aviation Group Bhd (MAG), the parent company of national carrier Malaysia Airlines Bhd, will distribute up to 2½ months’ salary in bonuses to employees after posting its second consecutive annual profit, says group managing director Datuk Captain Izham Ismail.

The airline group...

Bursa Malaysia Bhd's (KL:BURSA) stock on Tuesday slipped to its lowest level in three weeks, while analysts slashed earnings estimates after a soft quarter.

Bursa slips to three-week low, analysts slash forecasts after soft 1Q

Fraser &amp; Neave Holdings Bhd (KL:F&amp;N) expects its dairy farming venture to break even within three to five years.

F&N optimistic dairy farm venture will break even in three to five years

HHRG Bhd (KL:HHRG), formerly known as Heng Huat Resources Group Bhd, said that the company has issued a show cause letter to its CEO Fong Chee Khuen.

HHRG issues show cause letter to CEO, extends suspension

Eco-Shop Marketing Bhd said on Tuesday there is no urgent need to raise prices at its chain of discount stores after the increase earlier this month.

Eco-Shop says no urgent need to raise prices after latest round, sees strong demand ahead

Mudajaya Group Bhd (KL:MUDAJYA) confirmed on Tuesday that its Indian unit and independent power producer, RKM Powergen Ltd, was raided by local authorities in early February this year over an alleged fraudulent acquisition.

Mudajaya confirms Indian unit raided by local authorities over alleged fraudulent acquisition

HSBC warned that loan demand and credit quality could suffer from the broader fallout of US President Donald Trump's global trade war, signalling tougher times for trade-focused banks even as the lender's first quarter profit beat forecasts.

HSBC sounds Trump tariff alarm, taking shine off 1Q profit and US$3b buyback

KUALA LUMPUR (April 29): The Ministry of Investment, Trade and Industry (Miti) has appointed its deputy secretary general (trade) Mastura Ahmad Mustafa, one of its most experienced senior civil servants, as Malaysia’s chief negotiator for the upcoming formal tariff negotiations with the United States.

Miti deputy sec-gen appointed chief negotiator for US tariff talks

KUALA LUMPUR (April 29): IHH Healthcare Bhd (KL:IHH) on Tuesday secured its first sustainability-linked loan worth S$300 million (approximately RM993.16 million) from Singapore-based United Overseas Bank (UOB).

IHH Healthcare secures S$300 mil sustainability loan from UOB

KUALA LUMPUR (April 29): Nestlé (Malaysia) Bhd (KL:NESTLE) is likely to report softer earnings for the rest of financial year 2025 (FY2025), as rising input costs and softer consumer demand continue to pressure profit margins, analysts said.

Nestlé Malaysia to see softer earnings in FY2025 as higher costs take a bite out of profits — analysts

As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher US tariffs, the People's Bank of China was seizing a moment of confusion and disruption in global trade to promote greater usage of the yuan.

China ramps up global yuan push, seizing on retreating dollar

US President Donald Trump's administration has so far withheld at least US$436.87 billion (RM1.9 trillion) of congressionally approved funding, the top Democrats on the US Congress' appropriation committees said on Tuesday.

Trump administration withholding US$436.87b in approved spending, top Democrats say

Concerns over Pharmaniaga Bhd's (KL:PHARMA) financial sustainability have been raised for the third straight year, with independent auditor Ernst &amp; Young PLT (EY) identifying a material uncertainty in the group's FY2024 financial statements that raised doubts about its ability to continue as a going concern.

Pharmaniaga's auditor flags going concern uncertainty for third straight year

KUALA LUMPUR (April 29): Bank Negara Malaysia (BNM) on Tuesday announced the appointment of two new members to the Shariah Advisory Council (SAC), effective May 1, 2025.

BNM appoints two new members to Shariah Advisory Council, effective May 1

Sime Darby Property Bhd has raised RM800 million in its third sukuk (Islamic bond) sale under a RM4.5 billion programme at a record-low cost.

Sime Darby Property raises RM800m from sukuk at record-low cost

China is willing to support normal cooperation between US companies, the country’s Ministry of Commerce said in a statement Tuesday, just days after Chinese airlines rejected taking delivery of any new jets from US planemaker Boeing Co.

China says willing to cooperate with US after Boeing spat

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.

FBM KLCI down 0.40% to 1,515.56 on April 29, 2025

Cypark Resources Bhd (KL:CYPARK) said Chung Dao has re-emerged as a substantial shareholder in the renewable energy company with a 5.85% stake.

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