BusinessToday's Trending Stories
PM To Drop Corrupted MPs From Cabinet
Prime Minister Datuk Seri Anwar Ibrahim has declared that any member of his Cabinet found involved in corrupt practices will be promptly dismissed from their positions to safeguard the nation’s integrity against corruption.
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Allianz Offers EV Out Of Charge Coverage
Allianz General Insurance Company (Malaysia) Berhad (Allianz General) has introduced a new insurance coverage called the Allianz EV Shield for electric cars under the Private Car Comprehensive policy. This coverage includes an industry-first feature of on-the-go charging, addressing concerns among car owners for stalled EVs out of charge. The launch event took place at Sentul Depot, Kuala Lumpur on Wednesday.
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MYAirline In Talks With New Investors After Middle East Buyer Backed Off
The suspended airline, MYAirline says it is still in talks with new investors after a sudden and unilateral termination of a Share Purchase Agreement by an investor from the Middle East.
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CelcomDigi Rolls Out New Prepaid Plans To Capitalise On Its 5G Network
CelcomDigi Berhad (CelcomDigi) revealed its latest offering, the CelcomDigi Prepaid 5G plans, designed to leverage its expansive 5G network and provide seamless connectivity to more customers across Malaysia. With these new plans, users can access both 5G and 4G networks, ensuring uninterrupted connectivity and smooth streaming experiences.
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KDEBWM Waste Collection Contract Extended For Another 7 Years
Selangor state owned waste management entity KDEBWM has rolled out a total of 700 ‘Roll On Roll Off’ (Roro) lorries and 600 new compactor lorries are provided to operate across all the local authority as part of a contract extension by the State Government.
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Bridge Data Centre Expands With Third Hyperscale Data Centre In Cyberjaya
Bridge Data Centres (BDC) has expanded its operations with the acquisition of new land in Selangor for the development of its third data centre, MY02, in Cyberjaya, Malaysia. This expansion, in collaboration with Cyberview Sdn Bhd, is set to be the largest among its three data centre projects.
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Govt Plans Law To Restrict Rent-Seeking Activities
Rent-seeking, characterised by the exploitation of the sociopolitical environment for personal wealth gain without contributing to the market, may soon face legislative scrutiny in Malaysia. Economy Minister Rafizi Ramli has announced plans to introduce a law targeting rent-seeking activities, aiming to curtail such practices prevalent across various sectors.
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Capital A Eyes Brand Management Unit’s Listing On Nasdaq
Capital A Bhd, the parent company of budget airline AirAsia, on Wednesday said it has finalised a US$1.15 billion deal to list its brand management unit on the Nasdaq via a merger with a SPAC called Aetherium Acquisition Corp.
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Dewan Rakyat Sitting Focuses On Ringgit Depreciation, Retirees’ EPF Savings
Today’s session in the Dewan Rakyat saw critical economic concerns taking the spotlight as Members of Parliament engaged in a question and answer session, followed by debates on the royal address by His Majesty Sultan Ibrahim, King of Malaysia.
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Bitcoin Surpasses $60,000 As Demand From ETFs Triggers Bull Run
At the heart of the rally that is pushing Bitcoin toward a record high is a simple tenet of economics: Supply and demand.
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