Economy

Developers advised to embrace RE

KUALA LUMPUR: The government has called on stakeholders, particularly housing developers, to adopt alternative energy sources such as solar power and prioritise biodiversity, Deputy Prime Minister Datuk Seri Fadillah Yusof says.

Squash

Orfi in dreamland after historic success at Singapore Open

PETALING JAYA: Rising squash star Amina Orfi (pic) created history by capturing the Singapore Open title.

Economy

US$300bil COP29 climate deal criticised

BAKU: Countries at the 29th Conference of the Parties (COP29) summit in Baku, Azerbaijan adopted a US$300bil a year global finance target on Sunday to help poorer nations cope with impacts of climate change, a deal its intended recipients criticised as woefully insufficient.

Focus

‘Trump-proofing’ is distracting the world from graver challenges

From G20, Apec and COP29 to the WTO and Nato, global cooperation on climate, security and open trade and investment must be quickly restored.

Corporate News

Rackson Group unveils RM1.5bil project in Bayan Lepas

GEORGE TOWN: Rackson Group has unveiled a landmark project in Bayan Lepas, featuring Le Meridien Penang Airport and Avion Serviced Apartments.

Nation

Amendments to Kelantan’s Syariah Criminal Code to be tabled next year

KOTA BARU: The Kelantan government is expected to table amendments to the Syariah Criminal Code (I) Enactment 2019 in the state legislative assembly in 2025.

Nation

New Pasir Gudang Hospital gets nod for 1,800 positions

ISKANDAR PUTERI: The Johor Health Department has received approval from the Public Service Department for 1,800 positions at the new Hospital Pasir Gudang.

Economy

COP29 – How does US$300bil stack up?

COUNTRIES agreed at the United Nation’s (UN) COP29 climate conference to spend US$300bil on annual climate finance. Here are some ways of understanding what that sum is worth:

Nation

Initiatives help stretch the ringgit

KUALA LUMPUR: Discounted groceries at the neighbourhood Rahmah sale and job opportunities from career fairs were among the unity government’s initiatives that got the thumbs up from Malaysians.

Corporate News

Unique Fire posts strong performance for 1H25

PETALING JAYA: Fire-extinguisher manufacturer Unique Fire Holdings Bhd, which achieved its highest quarterly earnings in its second quarter ended Sept 30 (2Q25), continues to focus on expanding its reach across Peninsular Malaysia and diversifying its product offerings.

Economy

Norway’s US$1.8 trillion fund sees rare political unity as key

LONDON: Norway’s US$1.8 trillion sovereign wealth fund benefits from a rare consensus among its political masters, according to chief executive officer Nicolai Tangen, unlike other countries which are exploring such an option.

Economy

Saudi Arabia gets first Moody’s rating upgrade

RIYADH: Saudi Arabia’s sovereign rating was upgraded by Moody’s Investors Service for the first time since the company initially assessed it in 2016, driven by continued progress in the kingdom’s economic diversification and a better outlook for the non-oil sector.

Nation

Start-ups make a beeline to ministry’s booth for leg-up

KUALA LUMPUR: Despite not selling discounted school uniforms or groceries, the Entrepreneur and Cooperatives Development Ministry’s booth (Kuskop) at the Madani fair received a beeline of visitors over its three-day stint.

Other Sports

Top paddler reaps golden harvest as Malaysia end SEA meet as overall champs

PETALING JAYA: Javen Choong smashed his way to an unprecedented four-gold feat as Malaysia’s table tennis hit new heights in the South-East Asian (SEA) Championships in Bangkok yesterday.

Forex

Ringgit to be range-bound against US dollar this week

KUALA LUMPUR: The ringgit is expected to remain within a tight trading range, moving between RM4.46 and RM4.48 this week, says Bank Muamalat (M) Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Nation

Push for cheaper housing

ISKANDAR PUTERI: Three housing deve­lopers in Johor have had some of their lands put under caveat for failing to build affordable housing says Datuk Mohd Jafni Md Shukor.

Motorsport

HI-REV Dream Chaser end 10-year wait with thrilling win in Sepang

PETALING JAYA: The HI-REV Dream Chaser racing team celebrated a long-awaited victory in the Sepang 1000km (S1K) endurance race at the Sepang International Circuit on Sunday.

Focus

Lone child in puppet village

More than 20,000 communities in Japan have a majority of residents aged 65 and above.

Corporate News

Adani shock exposes ESG fund managers clinging to ‘terrible’ bet

SINGAPORE: Environmental, social and governance (ESG) fund managers have once again found themselves on the wrong side of a market meltdown.

Auto

China’s NEV boom boon for global auto sector - Global players eyeing opportunities in promising market

SHANGHAI: As the new energy vehicle (NEV) boom continues in China, global players in related sectors are eyeing a vast array of opportunities and are exerting efforts to tap into this promising market.