Nation

MAG's hedging strategy pays off amid fuel volatility, eyes China for growth

KUALA LUMPUR: Malaysia Aviation Group (MAG) has strengthened its resilience against fuel price volatility through a structured hedging strategy to counter rising costs while maintaining a steady expansion trajectory with particular focus on lucrative China and other key Asian markets.

Corporate News

PNB Merdeka Ventures celebrates KL heritage with inaugural Jelajah Warisan KL

KUALA LUMPUR: PNB Merdeka Ventures Sdn. Berhad (PNBMV), a wholly-owned subsidiary of Permodalan Nasional Bhd, successfully hosted the inaugural Jelajah Warisan KL at Stadium Merdeka, as part of a city-wide series designed to strengthen public connection to Kuala Lumpur's cultural and historical core.

Star Biz7

Expanding up: What home owners need to know

In the dense urban fabric of the Klang Valley and Malaysia's growing secondary cities, the dream of a forever home often hits a ceiling, literally.

Star Biz7

The unmaking of a market

In the capital market landscape, few instruments have been as quietly successful as the Malaysian real estate investment trusts (M-REITs). Over two decades, M-REITs have evolved from a niche product into a RM55bil bellwether of institutional stability, offering retirees a rare combination of liquidity, transparency and predictable yield.

Star Biz7

Built for security, not emergencies

Recently, a long wait for paramedic to gain access to a strata development cost a woman her life after she suffered a cardiac arrest.

Forex

Ringgit set for cautious week versus US dollar amid West Asia conflict

KUALA LUMPUR: The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.

Star Biz7

Airbnbs top US$6,000 in World Cup rush

The biggest winners from this year's World Cup are poised to be those able to rent out their properties, especially in the tri-state area.

Short Position

Impact assessment timely for construction sector

The Public Works Ministry recently said that it would undertake an impact assessment on rising construction costs, following news that geopolitical tensions in West Asia were causing energy prices to rise while disrupting supply chains.

Short Position

Pursuing the Elixir of growth

On the surface, shareholders of Willowglen MSC Bhd, a provider of technology solutions such as industrial automation and remote monitoring solutions, are getting a pretty good offer from Singapore-based private equity firm PrimeMovers Equity (S) Pte Ltd (PME), whose special-purpose vehicle, Elixir II Pte Ltd, is proposing to buy the company's core business in a cash-and-share deal worth RM215.2mil.

Star Biz7

The AI finance revolution

Artificial intelligence (AI) is steadily reshaping financial institutions, increasing operational risks and competitive pressures while offering new efficiency and investment opportunities, according to Fitch Ratings.

Insight

Burnout at the top

Over a meal, a successful business owner with hundreds of employees casually mentioned that he sometimes takes a two-hour drive back to his hometown just for lunch.

Star Biz7

From risk-off to selective positioning

Rising tensions in the Middle East are rippling through global financial markets, but a tentative improvement in investor sentiment is beginning to take shape.

Insight

Cutbacks needed, not handouts

As each day passes, the hope for a short conflict in West Asia becomes more uncertain, with some commentators now predicting a longer period of hostilities, even perhaps extending for one to three years.

Star Biz7

Gulf luxury car profits under siege

A laser-engraved bonnet inspired by Arabian architecture and a matching wood-trim interior are among the luxuries Rolls-Royce featured in a one-off Phantom Arabesque model commissioned by a Dubai customer it showcased in February before the Iran war.

Star Biz7

Energy crunch singes New Delhi street stalls

Outside New Delhi's main bus terminus, a cluster of food stalls set up under makeshift canopies has been selling pan-fried flatbreads, comforting stews and hot tea to weary travellers for decades.

Insight

The folly of Trump’s war

Are we slipping into World War Three (WWIII)? After eight decades of peace after the end of WWII, we are now in the throes of a four-year-old Ukrainian war and an escalating Israel-US-Iran conflict that flared last June for 12-days, and turned serious on Feb 28.

Star Biz7

Oil & war — the big woes

Battered financial markets enter the second quarter (2Q26) significantly exposed to the impact of war, which could prompt a bigger retreat for equity markets. However, a hefty selloff in bonds could yet tempt buyers back.

Star Biz7

‘Mr Brexit’ made winning calls amid Iran war

Jordan Rochester earned the nickname "Mr Brexit" for his prodigious market insights on the United Kingdom's split from the European Union (EU).

Star Biz7

A time of carbon reckoning

Malaysia's National Climate Change Bill may be designed as an environmental law, but in economic terms its first visible impact could arrive in the form of electricity tariffs.

Insight

Time to wean off protectionism

The recent kerfuffle surrounding BYD's investment in Tanjung Malim has elicited different opinions on the auto industry in Malaysia.