Corporate News

Muted near-term earnings likely for SAM Engineering

PETALING JAYA: Analysts have downgraded SAM Engineering and Equipment (M) Bhd and cut their earnings forecasts after the group reported a weaker set of results for its second quarter ended Sept 30, 2025 (2Q26).

Badminton

Zii Jia hopes to make comeback at Malaysian Open next year

PETALING JAYA: Men's singles shuttler Lee Zii Jia is staying positive despite an injury-plagued year and hopes to make his competitive return in the Malaysian Open from Jan 6-11 at the Axiata Arena in Bukit Jalil.

Corporate News

Pentamaster to benefit from demand for automated test equipment

PETALING JAYA: Automation manufacturer Pentamaster Corp Bhd is well-positioned to benefit from the automated test equipment (ATE) upcycle, given the company's strengths in automation solutions, says Kenanga Research.

Nation

Crowning of durian a thorny issue

PETALING JAYA: The durian, the king of fruits, is synonymous with Malaysia, right?

Nation

Small school becomes eco-friendly champion

GEORGE TOWN: Despite having only 135 pupils, SJK(T) Ramathasar in Jalan Sungai collected 1.5 tonnes of used cooking oil, winning the primary and overall categories of the 2nd Used Cooking Oil (UCO) collection competition.

Laos

Princess Aiko visits Laos on her first official trip abroad

JAPAN's Princess Aiko has arri­ved in Laos for her first official overseas trip, state media said, a largely symbolic visit to Tokyo's small beneficiary in South-East Asia.

Nation

Man strangles, batters son with brick

HIS 24-year-old son was believed to have acted inappropriately towards a young female relative, so he beat him to death with a brick.

Nation

Mah Sing Foundation pays it forward

KUALA LUMPUR: More than RM5.68mil was raised for charity and underserved communities at the Mah Sing Foundation (MSF) Charity Fundraising Night 2025.

Nation

Seniman ready to provide input on attire

THE Malaysian Artistes' Associa­tion (Seniman) has voiced its preparedness to work with the Isla­mic Development Department on guidelines for the cele­brity attire, Berita Harian reported.

Markets

Vietnamese stock market poised for boost with new IPO wave

HANOI: The Vietnamese stock market is gearing up for a significant influx of quality assets as the country embarks on its third wave of initial public offerings (IPOs).

Forex

Singaporeans face costlier shopping in Malaysia

SINGAPORE: The Malaysian ringgit has strengthened against the Singapore dollar in recent months, with one Singapore dollar now buying RM3.19, down from above RM3.30 for most of this year.

Nation

Child protections strengthened

KUALA LUMPUR: Malaysia has strengthened child protection rights and measures against online sexual exploitation through the National Child Policy and the National Child Action Plan (2026-2030), says Datuk Seri Dr Ahmad Zahid Hamidi.

Economy

Indonesia shoe exports unaffected by radiation scare

JAKARTA: Exports of footwear to the United States "continue uninterrupted", the government says, following the recent return of two containers of locally made shoes over suspected radioactive contamination linked to a metal company in Serang, Banten.

Nation

Sovereignty still intact after US trade deal

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has dismissed accusations that Malaysia's Reciprocal Trade Agreement with the United States compromises the nation's sovereignty or dignity, calling such claims inaccurate and alarmist.

Nation

Ringgit on the rise in Asia

KUALA LUMPUR: Disciplined fiscal management, improved governance and a series of policy reforms have strengthened the ringgit, giving it the best performance in Asia this year, says Prime Minister Datuk Seri Anwar Ibrahim.

Nation

‘No official application from Genting’

KUALA LUMPUR: The Works Ministry has not received any official application from Genting Malaysia Bhd regarding toll collection or new charges for access to its privately-owned areas.

Nation

PM makes maiden visit to Ethiopia

ADDIS ABABA: Prime Minister Datuk Seri Anwar Ibrahim is leading a delegation to Ethiopia to boost bilateral ties and explore economic development and opportunities.

Corporate News

US chip giant buys Advanced Micro Foundry

SINGAPORE: GlobalFoundries (GF), one of the world's top contract chipmakers, has acquired Singapore's Advanced Micro Foundry (AMF), in a boost to the republic's role in the artificial intelligence-driven data centre and communications boom.

Insurance

Chubb Insurance Malaysia files for IPO

SINGAPORE: Chubb Insurance Malaysia Bhd has filed for an initial public offering (IPO) on Bursa Malaysia to sell 300 million existing shares, or 30% of its issued capital, via an offer for sale by its sole shareholder, Chubb INA International Holdings.

Aviation

Airlines expect weaker traffic amid shutdown fallout

NEW YORK: Fewer US travellers are due to fly over the upcoming Thanksgiving holidays later this month, with Christmas demand also looking shaky, as a record US government shutdown and concerns about the economy weigh on would-be flyers.