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Bursa Malaysia opened higher despite a downbeat Wall Street performance last Friday amid the mounting tensions in the Middle East, said an analyst. — Picture by Hari Anggara.

Bursa Malaysia opens higher

At 9.01am, the ringgit weakened to 4.7840/7900 against the greenback from Friday’s closing of 4.7810/7855. — Picture by Devan Manuel

Ringgit turns soft against US dollar as volatility rises

Sabah Minister of Industrial Development and Entrepreneurship  Phoong Jin Zhe looks at the solar glass panels before they were packed and shipped off. — The Borneo Post pic

Kibing Group makes first solar glass shipment from Sabah

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said the ministry is optimistic that South Korea will climb up the ranks as among the main sources of foreign direct investments into Malaysia soon. — Picture By Firdaus Latif

Miti optimistic S. Korea to be among main sources of FDI into Malaysia, says Tengku Zafrul

Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Abdul Aziz called on OCI M Sdn Bhd to support local demand in the near future as Malaysia is moving aggressively in the front-end semiconductor value chain and green sectors such as electric vehicle development and renewable energy, among others. — Picture By Firdaus Latif

Tengku Zafrul calls on OCI M to support local demand as S. Korea-based company opens regional HQ in Malaysia 

Penang Regional Development Authority chairman Datuk Sheikh Hussein Mydin said Perda is currently ramping up its efforts to promote the ‘Visit My Kampung’ agro-tourism programme, with the goal of positioning homestays as the preferred destination for tourists. — Bernama pic

Penang Development Authority boosts efforts to promote homestays through ‘Visit My Kampung’ programme, says chairman

Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick said the ministry has allocated RM100 million to finance cooperatives involved in the agro-food sector. — Bernama pic

Entrepreneur Development Ministry allocates RM100m to fund cooperatives in agro-food sector, says minister

Tesla has cut prices in China by nearly US$2,000 across its line-up in China, in line with its price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs). — Reuters pic

Tesla cuts prices nearly US$2,000 in China, in line with US cuts

Aeon Bank (M) Bhd, one of the five digital banking license holders in Malaysia, is set to start operations and launch its banking application by the end of the second quarter this year, said its chief executive officer Raja Teh Maimunah Raja Abdul Aziz. — Picture courtesy of Aeon Bank

Aeon Bank to start its Islamic digital operations in Q2 2024

Seventy per cent of the property development in Forest City, Iskandar Puteri, has been sold within the past two years and is set to continue to increase over the next three or four years. — AFP pic

Johor exco: 70pc of property development in Forest City sold

Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa) president delivers a speech during the Kedah Angkasa General Meeting in Alor Setar April 20, 2024. — Bernama pic

Angkasa volunteers as importers of rice from Thailand, says president

A total of 1.5 million arowana fish of various species were exported abroad last year, Fisheries Department director-general Datuk Adnan Hussain said. — Picture via Twitter/Bernama

Fisheries D-G: 1.5 million arowana worth RM78m exported in 2023 

Sultan of Selangor Sultan Sharafuddin Idris Shah delivers a speech during the launch of Lakepoint Complex at the Setia Alam Impian township in Shah Alam April 20, 2024. — Bernama pic

Selangor Sultan officiates SP Setia’s latest attraction Lakepoint Complex

The Farmers’ Organisation Authority said the maximum selling price of certified paddy seed CL220 under the Certified Paddy Seed Incentive programme is set at RM54 at the wholesale level and RM58 at the retail level, effective April 15. — Picture by Hari Anggara

Farmers’ group chairman: Maximum selling price for certified paddy seeds under incentive programme to take effect on April 15

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IJM Land unveils new township IJM Bayouri with RM630m GDV

Heavily indebted Evergrande has become a symbol of the years-long crisis in China’s property market, and last month its onshore unit was accused of a US$78 billion revenue overstatement. — Reuters pic

Hong Kong regulator to investigate PwC auditing of Evergrande