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Xpeng to partner with EPMB to start EV production in Malaysia in 2026
SHANGHAI: Xpeng said on Friday that it has partnered with EP Manufacturing Bhd (EPMB) to start mass electric vehicle production in 2026 in Malaysia, marking its third production base outside […]
Ringgit continues to soar, hitting 4.09 vs US dollar, the highest since April 2021
KUALA LUMPUR: The ringgit continued its positive momentum, jumping to the 4.09 level against the US dollar at Friday’s close, hitting a new four-year-and-seven-month high, supported by positive Malaysian economic data. Read full […]
Industronics unit to acquire Melaka retail property for RM5mil
KUALA LUMPUR: Industronics Bhd has entered into an agreement to acquire a retail property in Melaka for RM5mil as part of its strategy to expand its income-generating asset base. Read […]
Orkim draws EPF, KWAP, Prudential as substantial shareholders
KUALA LUMPUR: Oil and gas shipping company Orkim Bhd has attracted strong institutional interest following its initial public offering (IPO), with several major funds emerging as substantial shareholders. Read full […]
Kremlin says ceasefire only possible after Kyiv withdraws from Donbas, but Russian deployment there could be limited
MOSCOW, Dec 12 (Reuters) – Kremlin foreign policy aide Yury Ushakov said on Friday that a ceasefire in Ukraine is only possible after Kyiv’s forces withdraw from the entire Donbas […]
Romanian judges, prosecutors denounce systemic judicial abuses, president wants consultations
BUCHAREST, Dec 12 (Reuters) – More than 500 Romanian judges and prosecutors have denounced what they say are systemic abuses in the justice system in one of the European Union’s […]
Americans skeptical of Trump on Epstein, but Republican doubts ease, Reuters/Ipsos poll finds
WASHINGTON, Dec 12 (Reuters) – Americans are deeply skeptical of President Donald Trump’s handling of the Jeffrey Epstein scandal, though he is shoring up support among his core Republican followers […]
Analysis-Ukraine fails to fill key posts as corruption scandal lingers
KYIV, Dec 12 (Reuters) – Ukraine’s government has no active candidates for the vacant position of energy minister, two sources familiar with the process said, underlining how a corruption scandal […]
Budget 2026: Sabah details stricter petroleum tax enforcement amid weaker revenue outlook
KOTA KINABALU: The Sabah government has detailed stricter enforcement measures for State Sales Tax on petroleum products as part of its revenue-strengthening strategy under Sabah Budget 2026, amid expectations of […]
Budget 2026: Sabah trims operating costs, shifts spending towards development
KOTA KINABALU: Sabah has outlined a deliberate shift in spending priorities under its 2026 Budget, reducing operating expenditure while allocating a larger share of spending towards development in an effort […]