KUALA LUMPUR: The 2027 Budget strikes a pragmatic balance between fiscal consolidation, economic growth and cost-of-living support, economists say.

KUALA LUMPUR: The Federation of Malaysian Manufacturing (FMM) is pushing for a 3.0 per cent Goods and Services Tax (GST) as a way to ease tax-related cost pressures on manufacturers, but a tax expert said the proposed rate should be considered alongside its potential impact on government revenue.

HONG KONG: Australia’s Qantas Airways gave an upbeat revenue outlook on Thursday and said it would begin retiring its Airbus A380 superjumbos in 2028 after posting a 14 per cent fall in annual underlying profit as fuel prices spiked.

KUALA LUMPUR: Sarawak Metro Sdn Bhd has partnered with Revenue Group Bhd to integrate payment tokenisation technology into the former's mobile application.

BENGALURU: SpaceX's revenue nearly doubled, the rocket company said in its first earnings report since going public, fuelled by its booming Starlink satellite communications and AI businesses, but executives flagged that the spending spree underpinning its lofty ambitions is far from over.

SINGAPORE Airlines on Tuesday reported a first-quarter net loss, its first since 2022, weighed down by losses from its associate Air India and higher jet fuel costs from the Middle East conflict despite record revenue.

CHICAGO: Southwest Airlines lowered the floor of its 2026 profit forecast and projected third-quarter earnings below Wall Street estimates on Wednesday, as volatile fuel costs blunted gains from higher fares and new revenue initiatives.

A probe into Malaysian Anti-Corruption Commission (MACC) officers forms the core of an investigation into allegations that they were linked to a so-called “corporate mafia” syndicate involved in hostile corporate takeovers. On the face of it, the latest disclosure by Home Minister Datuk...

（吉隆坡18日讯）GIIB Holdings Bhd（KL:GIIB）创办人戴文伟在大马反贪污委员会（MACC）调查中洗脱嫌疑后，重返公司担任主席。

GIIB Holdings Bhd (KL:GIIB) said its founder Tai Boon Wee has returned to helm the group as chairman after being cleared of allegations previously investigated by the Malaysian Anti-Corruption Commission (MACC).

NEW YORK: SpaceX on Thursday priced the biggest-ever US initial public offering at US$135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies.

Revenue Group Bhd (KL:REVENUE) said its net loss widened to RM1.86 million in its second financial quarter from RM215,000 a year earlier, on weaker sales contribution from its digital payment services business.

Two individuals linked to the “corporate mafia” scandal had claimed that they could halt an ongoing probe by the Malaysian Anti-Corruption Commission (MACC) into Revenue Group Bhd (KL:REVENUE) co-founder Brian Ng Shih Chiow, according to a police report read out in court on Tuesday.

Hong Seng Consolidated Bhd’s (KL:HONGSENG) wholly-owned subsidiary AIMAX Capital Sdn Bhd has entered into debt settlement agreements totalling RM63.61 million with four borrowers.

Victor Chin Boon Long Investors who have been in the market long enough would probably remember businessman Victor Chin Boon Long as the controlling shareholder of Ingenuity Solutions Bhd, now known as MMAG Holdings Bhd (KL:MMAG)....

HISTORY Datasonic Group Bhd was founded by Datuk Hanifah Noordin after leaving accounting firm Ernst & Young. Listed on Bursa Malaysia in 2012, it has supplied identity cards to the Home Ministry since 1999 and, from 2016, passports. In January ...

NEW YORK: In early 1976 in California, Steve Wozniak had just completed the design of a computer circuit board he intended to share with fellow hobbyists at a prominent local club. His friend Steve Jobs also saw a business opportunity to manufacture and sell the boards, and thus Apple was born.

Businessman Victor Chin Boon Loong has made further allegations involving the suspected "corporate mafia", claiming an executive director of Heitech Padu Bhd (KL:HTPADU) was a key intermediary of the gang while issuing an ultimatum to an unknown member of Parliament (MP) to return his money after failing to resolve his problems, or face public exposure.

Businessman Victor Chin Boon Long, who has distanced himself from the ‘corporate mafia’ scandal, is calling on the police chief to act on the boardroom tussle over NexG Holdings Bhd (KL:NEXG) — the sole supplier of Malaysian passport booklet and identity cards.

Victor Chin Boon Long, who is entangled in 'corporate mafia' investigations, alleged that several accounts associated with him previously frozen by authorities have been “unfrozen” amid possible involvement of “high-level interference”.