In the fourth quarter of 2025 (4Q2025), the residential market in Greater Kuala Lumpur showed cautious resilience, continuing the momentum observed in 3Q2025, according to Savills Malaysia director of research and consultancy Fong Kean Hwa.

Presenting The Edge Malaysia | Savill...

The Edge Malaysia | Savills Klang Valley Residential Property Monitor 4Q2025: Cautious resilience amid steady demand

For years, the narrative of Malaysia’s residential property market was dominated by the vertical gluts of Johor and the Klang Valley. However, the latest data suggest a shift in the country’s property landscape. Perak, surprisingly, has taken the lead.

According to the National Property...

What is driving Perak’s rising stock of unsold homes?

There are few addresses in Kuala Lumpur that carry as much weight, or as much expectation, as Damansara Heights. Adjacent to the affluent neighbourhoods of Bangsar, Sri Hartamas and Bukit Tunku, the enclave is set to see the development of yet another luxurious condominium.

The second a...

Cover Story: Final phase of Pavilion Damansara Heights sets new benchmark for upscale living

As we spend most of our lives indoors, the quality of our built environment is as vital to our long-term health as the shelter itself.

Recognising that buildings can hinder or heal, the International WELL Building Institute (IWBI) launched the WELL Building Standard in 2014. It is the w...

Know Your Stuff: WELL certification

Penang’s property market exhibited strong fundamentals in 2025, helping it end the year on a positive note.

“The secondary residential property market in Penang saw relative stability, with modest price growth observed in both landed and high-rise segments. Overall, the market can be ch...

The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Property Monitor 4Q2025: Market resilient amid cautious buyer sentiment

OSK Property Australia is set to unveil AURA, the third stage of its five-acre Melbourne Square master plan in Southbank, this month in Kuala Lumpur.

CEO Woon Chong Boon tells City & Country in a virtual interview that the project is the fourth apartment tower, of a total o...

Cover Story: Giving Southbank a breath of fresh air

Over the last decade, industry players have increasingly embraced the regeneration strategy, or adaptive reuse. Rather than redeveloping, they repurpose aged buildings for modern functions while maintaining their original elements.

In early April, 28 members of the youth arm of the Real...

Exploring urban regeneration with Rehda Youth

A busy intersection without a pedestrian crossing; a playground separated from home by heavy traffic; and a bus stop with little shelter from the sun or rain. These may seem like minor inconveniences. For children, however, they can shape how freely and safely they move through the city.

<...

Designing cities with children in mind

The Johor in Motion special report explores how the Johor-Singapore Special Economic Zone (JS-SEZ) is reshaping Johor’s economic landscape.

Aligning strengths to drive higher-value investment outcomes

This week's cover story is about the second and final phase of the RM9 billion Pavilion Damansara Heights, which will feature two residential towers named Imperial Residences and Royal Suites, as well as a hotel/corporate office tower. Together, they have a total gross development value of about RM2.5 billion and are currently open for private preview.

Elevating integrated city living

As Malaysia strengthens its position as a regional digital hub, a sobering reality demands urgent attention.

Communications infrastructure — across networks, devices, and apps — is rapidly becoming the frontline of cyber warfare.

Opinion: The new cyber warfront: Why communications infrastructure will be ground zero in 2026

ABB Malaysia has launched its Customer Experience Centre to showcase technologies in automation, electrification and digitisation as energy and water have become priorities for Malaysia’s infrastructure. 

ABB is a Swedish-Swiss technology company that operates in the fields of electrification and automation. It was incorporated in Switzerland and was formed in 1988.

ABB Malaysia launches customer experience centre to accelerate industrial transformation

AEON360 and Google Cloud announced a multi-year collaboration to develop an artificial intelligence (AI)-driven “continuous commerce” experience across AEON’s retail, finance and lifestyle ecosystem in Southeast Asia.

AEON360 partners Google Cloud to roll out AI-driven shopping ecosystem in Southeast Asia

To bridge the artificial intelligence (AI) anxiety gap between leaders and employees, organisations need to move beyond an overemphasis on productivity and give workers clear direction on how to approach upskilling, rather than merely presenting it as the answer.

Dr Manju Appathurai, CEO and leadership psychologist at Mahat Advisory, said that the use of AI makes employees question their identity in the workplace and the current world as people begin to feel as if their worth is tied to efficiency.

Provide employees with direction in upskilling to reduce AI anxiety

KUALA LUMPUR (April 14): Global fintech platform Airwallex unveiled its full suite of financial products in Malaysia on Tuesday, following its successful acquisition of regulatory approvals from Bank Negara Malaysia.

Airwallex expands Malaysian footprint with full suite of cross-border financial services

Traditionally, human capital and talent were the most important factors in developing technological hubs. But with the rising demand for artificial intelligence (AI) and the race to develop an AI hub in Southeast Asia, human capital was found to be the least crucial variable, with a stronger focus on energy demand, grid capacity and geopolitical stability.

Energy demand, grid adaptability and political stability rule AI-hub race

I spent my entire Sunday stealing an artificial intelligence’s job instead of letting AI steal my job.

While scrolling through social media, I came across people experimenting with a new AI-style website. What struck me, however, was that there was no AI involved at all — both the quest...

Tech Fun: A protest against AI slop

Two years after introducing the Sarawak Digital Economy Blueprint 2030 (SDEB), the state government has begun embedding artificial intelligence (AI) tools into its public sector, rolling out citizen-facing digital services and establishing agencies such as the Sarawak Artificial Intelligence Cent...

Digital State: Sarawak adopts AI to address citizen needs

Smartphones are set to evolve from tools we manually operate into intelligent systems that can predict our needs and act on our behalf. This capability is driven by agentic artificial intelligence (AI), which allows systems to move beyond passive responses and become capable assistants that are a...

AI Era: Smartphones to become more intelligent with agentic AI 

Virtual twin technology has become a key tool in designing innovative spaces and coming up with more use cases that can benefit society.

Sharon Toh, vice-president of Dassault Systèmes Asia Pacific South, says the technology can be applied to many scientific use cases in medicine, susta...

Forecasting: Simulating and predicting scenarios using virtual twins

The Securities Commission Malaysia (SC) invites youths to join its River Flooding Adaptation & Resilience (RIFAR) Challenge, which was launched on Tuesday.

Securities Commission launches innovation challenge for youths on river resilience

Data centres, known as heavy users of water, are turning to reclaimed water for cooling purposes to avoid competing with households and other industries for potable water and groundwater.

This can be seen in Johor, where data centre operators such as Bridge Data Centres (BDC), Computili...

Technology: Using reclaimed water to cool data centres

In the old world of corporate Malaysia, the boardroom conversation was a bit of a solo act. It was usually “he said, and he agreed”, leaving very little room for a different perspective. But the script is getting a much-needed rewrite.

This is not a typical opinion piece. It is an hones...

Views: The boardroom, the belly and the silence

Malaysian companies’ boards of directors need more guidance as emerging environmental, social and governance (ESG) issues and controversies erode investor trust and invite regulatory backlash. The boards may not sufficiently recognise the risk of shareholder value destruction and, as a result, ne...

Views: Malaysian boards’ blind spot: ESG risks erode credibility as regulations tighten

Fund managers play a role in ensuring that the pursuit of profit does not come at the expense of fundamental human rights. In an attempt to embed this into its investment approach, Wahed Inc, an Islamic investment platform and asset manager, is adding a human rights screening layer to its portfol...

Finance: Adding a human rights screening layer to investments

Christopher Marquis, a professor at the University of Cambridge Judge Business School, spent years studying certified B Corporations (B Corps) — a global standard that requires businesses to meet environmental, social and governance (ESG) criteria.

His first encounter with the B Corps, ...

Strategy: Is sustainability still relevant for businesses?

For health and life insurance companies, climate change poses unique risks to products and coverage. Climate disasters such as floods, heatwaves and more are a real danger to their clients, and by extension, a higher likelihood for insurers to make payouts.

Because of this, contributing...

Insurance: Impact of climate change on insurance strategies

In the 1990s, US-based outdoor clothing and gear company Patagonia was experiencing rapid growth. While this would have been welcome news for most companies, founder Yvon Chouinard and Vincent Stanley, Chouinard’s nephew and one of the company’s original employees since 1973, were concerned about...

Strategy: How Patagonia stays true to its purpose

While most Malaysian drivers are worried that the government will reduce its petrol subsidy, having watched pump prices climb to shocking levels, Lee Yuen How is relatively at ease as he drives a Tesla Model 3. Despite charging his electric vehicle (EV) at home, his electricity bills are virtuall...

Cover Story: Iran war a wake-up call for energy transition

The disruption of oil and gas supplies following the closure of the Strait of Hormuz amid the US-Iran war has exposed a key weakness in the modern agricultural system.

Most raw materials for synthetic fertilisers pass through this trade route, and its disruption has driven up prices for...

Food: Crisis of rising fertiliser prices

The Edge Best Managed & Sustainable Property Awards 2026

The Edge Property Excellence Awards 2025

The Edge ESG Awards 2025

The Edge Billion Ringgit Club 2025

The Edge Centurion Club Corporate Awards 2025

Umno says it will stay in the Negeri Sembilan coalition government, prioritising political stability and public welfare. More in our quick round-up of today’s biggest stories on theedgemalaysia.com.

E5: Umno to stay with PH in Negeri Sembilan

The Jeffrey Cheah Performing Arts Centre (JCPAC) was unveiled recently, marking the culmination of a long-term vision to turn Sunway City into a regional performing arts hub.

NEWS: JCPAC to be the cultural soul of Sunway City

AI is already changing the rules. It’s disrupting the entire pathway that creates skilled professionals.

Memorisation is losing value.

Application is becoming everything. So if education still rewards exams over real-world capability — are we preparing students for the wrong future?

Maybe fixing the broken ladder starts with redesigning education itself.

In this week’s EdgeUP, we explore why universities may need to shift from knowledge-based learning to experience-based learning - and what Malaysia

can learn from countries already doing it differently.

EdgeUP: Rethinking Education in the Age of AI

KUALA LUMPUR (May 1): The Malaysian Employers Federation (MEF) has urged a shift in tripartism to a more strategic, high-trust partnership that can help Malaysia navigate economic changes, demographic shifts and growing global competition.

MEF calls for strategic recalibration of tripartism to secure Malaysia’s future

NEW YORK/BENGALURU (May 1): S&P 500 and Dow futures edged higher on Friday, buoyed by strong earnings after the indexes logged their biggest monthly gains in years, offsetting fears of a historic supply shock in the oil markets.

S&P 500, Dow futures rise after Wall Street's best month in years; Apple soars

WASHINGTON/DUBAI (May 1): A senior United Arab Emirates official said on Friday that Tehran could not be trusted over any unilateral arrangements it makes for the Strait of Hormuz, in a sign of deep mistrust on all sides as efforts to end the Iran war remained at an impasse.

UAE says Iran cannot be trusted over Hormuz, peace efforts at an impasse

LONDON/SYDNEY (May 1): Global shares steadied on Friday, with attention firmly on currency markets after the yen suddenly jumped against the dollar in early European trading, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency.

Global shares steady as yen intervention keeps currency markets in focus

RAWANG (May 1): Prime Minister Datuk Seri Anwar Ibrahim has urged all parties to remain calm in addressing the situation in Negeri Sembilan and to prioritise efforts to revive the economy and safeguard the interests of the people.

Negeri Sembilan issue: PM urges all parties to focus on economic recovery

RAWANG (May 1): The safety of Malaysians taking part in the Global Sumud Flotilla (GSF) 2.0 is the government’s top priority, after Israel detained mission participants in international waters on Thursday (April 30).

Prime Minister Datuk Seri Anwar Ibrahim said the government viewe...

PM: Safety of Malaysian citizens on Global Sumud Flotilla is govt’s top priority

(May 1): Singapore Prime Minister Lawrence Wong warned of bigger disruptions ahead as the country navigates a more uncertain global environment, from the Iran conflict to the rapid rise of artificial intelligence (AI).

Singapore PM warns of AI disruptions, vows to support workers

AMPANG (May 1): The impact of the global supply crisis on the cost of living is expected to begin to be felt by Malaysians within one to two months, said Senior Political Advisor to the Prime Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Zafrul: Global supply crisis effects expected to be felt by Malaysians in one to two months

KUALA LUMPUR (May 1): The government, through the Ministry of Human Resources (Kesuma). is set to establish the Kesuma Semiconductor Academy (ASK) to train local talent in the fields of chip design and artificial intelligence (AI) manufacturing.

Ramanan: Kesuma establishes semiconductor academy to train talents in chip design, AI

KUALA LUMPUR (May 1): Prime Minister Datuk Seri Anwar Ibrahim on Friday announced the Progressive Acceleration for Capability and Employment (PACE) Economic Resilience Package, valued at more than RM710 million, as part of efforts to strengthen human capital development and ensure the stability of the national labour market.

PM announces employment package worth over RM710 mil to strengthen national labour market

KUALA LUMPUR (May 1): The government will continue to take the necessary measures in facing global economic uncertainty, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar: Global economy challenging, govt continues taking necessary measures to face uncertainty

KUALA LUMPUR (May 1): Bursa Malaysia Bhd (KL:BURSA) has appointed Azizan Abdul Aziz as director of its Islamic capital market (ICM) effective Friday.

Azizan Abdul Aziz named Bursa Malaysia’s Islamic capital market director

WASHINGTON/DUBAI (April 30): Iran said on Thursday that it would respond with "long and painful strikes" on US positions if Washington renewed attacks and restated its claim to the Strait of Hormuz, complicating US plans for a coalition to reopen the waterway.

Iran threatens painful response if US renews attacks

(May 1): Apple Inc delivered a surprisingly strong revenue forecast for the third quarter, even as it warned that memory-chip costs will increase and that shortages of Mac computers will persist for “several months”.

Apple sales forecast tops estimates even as Mac shortages linger

KUALA LUMPUR (May 1): Bursa Malaysia’s semiconductor counters are back in focus, staging a sharp rebound after months of underperformance and reigniting investor interest in one of the market’s key export-driven sectors.

AI fever hits local bourse

Responsible artificial intelligence (AI) is not keeping pace with advances in AI capabilities. Safety benchmarks are lagging, and reported incidents of misuse are rising sharply, according to Stanford University’s latest AI Index 2026 Annual Report.

AI’s rapid rise outpaces safety

As the US-Israel war on Iran looks likely to drag on, following failed peace talks in Islamabad over the weekend of April 11-12 and the American president’s blockade of the Strait of Hormuz, which countries are best positioned to withstand the oil crisis?

How prepared are countries for an oil shock?

According to Bain & Company, Southeast Asian conglomerates have delivered lower total shareholder returns (TSR) than pure plays (companies that focus on a single business), ending a regional anomaly. Based on its last report, which covered 2013 to 2022, Southeast Asian conglomerates delivered only a modest 4% TSR on average, lagging pure plays by six percentage points, while data from 2016 to 2025 shows a similar 4% average annual TSR, five percentage points behind pure plays.

Southeast Asian conglomerates: Reinvent or risk falling further behind

JEMPOL (May 1): The Yang Dipertuan Besar of Negeri Sembilan, Tuanku Muhriz Tuanku Munawir, on Friday expressed his appreciation for the support shown by various parties.

Tuanku Muhriz expresses appreciation for support

ATHERINOLAKKOS, Greece (May 1): More than 100 pro-Palestinian activists aboard aid ships bound for Gaza were taken to the Greek island of Crete on Friday, after Israeli forces seized their vessels in international waters near Greece, flotilla organisers said.

Gaza aid flotilla activists taken to Crete after Israeli interception

KUALA LUMPUR (May 1): The role of workers is crucial in driving economic growth and in ensuring the stability and prosperity of the country are maintained, even in the face of increasingly challenging economic conditions, said His Majesty Sultan Ibrahim, King of Malaysia.

King: Role of workers important in driving economy, maintaining national stability

KUALA LUMPUR (May 1): The proposed Freedom of Information (FOI) Act and the establishment of a Malaysian Ombudsman, expected to be tabled at the next parliamentary sitting, will enhance transparency, accountability and access to justice for workers.

Azalina: Freedom of Information law, Ombudsman boost transparency, workers’ rights

BANGI (May 1): The Sumud Nusantara Command Centre (SNCC) has yet to receive any official confirmation on the safety status of 175 Global Sumud Flotilla (GSF) 2.0 activists, including 10 Malaysian participants, after being detained by Israeli authorities in international waters 38 hours ago.

SNCC: Safety status of 10 Malaysians remains unknown after being held for 38 hours

SANDAKAN (May 1): The Ministry of Housing and Local Government (KPKT) has collaborated with Airbnb to provide 50 temporary houses for 28 days to Kampung Bahagia fire victims free of charge.

Housing Ministry, Airbnb team up to provide 50 temporary houses for Sandakan fire victims

KUALA LUMPUR (May 1): The government has been advised to enact a specific Technical and Vocational Training Education (TVET) Act to monitor and coordinate the quality of the education system more systematically and effectively.

Bumiputera Education Congress: Govt urged to create Act to monitor TVET quality

KUALA LUMPUR (May 1): The government will introduce the post-maternity leave allowance as a progressive measure to support women's participation in the workforce and reduce the stress faced by mothers after giving birth.

Govt introduces post-maternity leave allowance to assist mothers after birth — PM

Israel on Thursday said that dozens of activists intercepted by the Israeli military from a Gaza-bound aid flotilla in international waters off Crete would be taken to Greek shores where they would disembark.

Israel says detained Gaza flotilla activists to be taken to Greece

The Ministry of Tourism, Arts and Culture (Motac) has assured that tight security measures will be in place at the Rain Rave 2026 Water Music Festival.

Its minister Datuk Seri Tiong King Sing said the police and enforcement agencies will be closely monitoring public order at the event venue and will not compromise on any unlawful behaviour.

MOTAC assures safety at Rain Rave 2026, highlights economic gains for B40

Rethinking the &lsquo;State versus Private' debate

The year’s Spring/Summer collections are in stores and shoppers have spoken — the latest releases under the new creative director are the ones to see and be seen in.

What makes Matthieu Blazy’s Chanel bags so irresistible?

The world’s oldest leather house celebrates its new iconic Hong Kong location by marrying beauty and function, heritage and the contemporary moment with its legendary bags.

Delvaux new flagship at HK K11 MUSEA shaped by legacy and design

She also talks about an upcoming milestone and her idea of a perfect weekend.

London-based designer Susan Fang draws from nature in a career marked by innovation

Colourful gemstones, fine metalwork and heritage influences make the local artisan's creations stand out in a saturated market.

Metalsmith Jessie Koh's silver jewellery is a love letter to Peranakan aesthetics

The local brand is rooted in familial love, offering vibrant and timeless pieces.

Jaime Sya crafts apparel and accessories for both children and adults with her label Kayla Batik Design

Lipper Leader criteria: funds registered in country, 36 months performance history, at least 10 portfolios; excluded are certain funds. Classification averages calculated over 36, 60, 120 months. Awards given for best performing funds and asset class group winners based on average decile rank.

LSEG Lipper Fund Awards methodology 2026

LSEG Lipper Fund Awards 2026 Winners list

Winners list

Xav Feng, director of LSEG Lipper Asia Pacific Research, says global funds received US$2.4 trillion in net inflows in 2025, the third-highest amount in over a decade. Malaysia drew a total of US$6.1 billion in net inflows last year, with money market and bond funds accounting for the highest numbers.

AI is rewriting the rules of asset management

At the LSEG Lipper Fund Awards 2026, Public Mutual Bhd has once again emerged as the biggest winner, clinching 29 individual awards and four group awards across the Best Equity (Malaysia), Best Mixed Assets (Malaysia), Best Bond Group (Islamic) and Best Mixed Assets (Islamic) categories.

Public Mutual tops the list as biggest winner again

Maybank Asset Management Sdn Bhd (MAM) delivered another year of outperformance at the LSEG Lipper Fund Awards 2026 by winning one group and seven individual awards, a step up from its achievements last year.

Maybank Asset Management shines in local and regional equities

AHAM Capital clinched seven awards at the LSEG Lipper Fund Awards 2026, including the Best Equity Malaysia (Provident) Group Award, its strongest showing at the annual industry recognition in recent years.

AHAM Capital’s biggest win in years

Riding on the momentum of the previous year, fund managers entered 2025 confidently with several heavy positions in data centre-related sectors. Little did they expect the US Artificial Intelligence (AI) Diffusion Rule and the “DeepSeek moment” to deliver a one-two punch to their portfolios, followed by the tariff war in April that sent markets on a roller-coaster ride.

2025: A year of two halves

Astute Fund Management Bhd won five individual awards at the LSEG Lipper Fund Awards 2026, marking its first appearance and maiden wins at the event.

A winning debut for Astute

AmanahRaya Investment Management Sdn Bhd secured four awards at the LSEG Lipper Fund Awards 2026 across two funds, extending its winning streak to five consecutive years.

AmanahRaya Investment Management clinches five consecutive wins in fixed income

Principal Asset Management Bhd won eight individual awards at the LSEG Lipper Fund Awards 2026, including four in the Equity Malaysia Small & Mid Cap category the Principal Small Cap Opportunities Fund and Principal Islamic Small Cap Opportunities Fund.

Principal bags eight individual awards with tactical rotation

The unfolding crisis in West Asia has once again exposed the fragility of global governance, the limits of international institutions and the enduring consequences of political failure. While the geography may be distant from Malaysia, the underlying issues — conflict, injustice, leadership and a...

The Policy Edge: How Razak would read the West Asia crisis today

IN mass media, pawnshops are often portrayed as places where everyday folks try to pawn family heirlooms for money. A stereotypical scene involves a customer reluctantly passing his treasured possessions to the scowling pawnbroker — usually sitting behind a high counter with grills — who would ap...

Singapore: Trending with institutional investors, ValueMax changes perceptions of the pawnbroking business

HOW do you value a company that is growing revenues at a 30% annual clip, focused on launching rockets and spaceships, founded by a visionary serial entrepreneur who already runs a pioneering electric vehicle firm worth US$1.3 trillion (RM5.2 trillion) and is widely recognised as one of the great...

Tech: Should SpaceX be valued at US$2 tril in June IPO?

The broader Malaysian equity market struggled for momentum over the past decade, charting a somewhat bumpy and uninspiring course, until it saw renewed buying interest in recent years. But a distinct group of companies appears to have been left behind. Whether these co...

Cover Story: From bargain shelf to potential buyout: 8 prime M&A targets on Bursa

Over the past year, artificial intelligence (AI) adoption has accelerated rapidly across major economies. In some markets, new tools are being integrated quickly into day-to-day operations and are now part of conversations from the server room to the boardroom.

In Malaysia, however, the...

My Say: The AI mirage: Why firms are accelerating into inefficiency

The US’ unprovoked attack on Iran plunged the world into an energy crisis. This time, not only is up to a third of the world’s oil supply blocked from the markets, but prices of crude oil have also exploded upwards (Brent crude initially rose about 50%). There were also other attendant consequenc...

My Say: Address glaring gaps in food security

DATUK Ishak Ismail’s return to Malaysia’s corporate scene through NexG Bhd (KL:NEXG), a company which has seen shareholder and boardroom tussles over the past year, is a throwback to when he took control of KFC Holdings (M) Bhd (KFCM) back in 1995.

At the time, Ishak won a long-drawn-ou...

Special Report: Ishak’s emergence in NexG reminiscent of KFC saga

HOUSTON (May 1): Chevron exceeded Wall Street estimates for its first-quarter earnings on Friday, as elevated oil prices linked to the US-Israeli war on Iran helped boost results from its upstream business.

Chevron's upstream strength lifts first-quarter earnings past estimate

(May 1): Exxon Mobil Corp outperformed expectations after oil-production increases from Guyana and the Permian Basin helped offset supply losses due to the Middle East war.

Exxon profit surprises analysts despite Iran war’s tumult

WASHINGTON (May 1): US President Donald Trump said on Thursday that he was lifting tariffs on whisky from Britain, in a nod to King Charles on the final day of a royal visit celebrating a former colony's impending 250th anniversary of independence.

Trump lifts tariffs on UK whisky to toast departing King Charles

TOKYO (May 1): Japan has signed a US$2.2 billion loan agreement for the first batch of projects under its US$550 billion US investment pledge, kicking off financing tied to a trade deal that cut US tariffs on Japanese imports to 15%.

Japan signs first US$2.2 bil loan under US$550 bil US investment pledge

FRANKFURT (May 1): The European Central Bank (ECB) may need to tighten policy, perhaps as soon as June, policymakers said on Friday, warning that the inflation outlook is deteriorating and the risk is rising that high price growth gets entrenched.

ECB policymakers make case for rate hike as inflation may linger

(May 1): Billionaire Gautam Adani’s conglomerate unveiled plans to overhaul its operating model, in an effort to cut decision-making time as it pushes for accelerated growth across businesses.

Adani Group unveils restructuring as it positions for growth

(May 1): Sumitomo Corp plans to sell its majority stake in the Ambatovy nickel project in Madagascar following a review of market conditions.

Japan’s Sumitomo to divest stake in Madagascar nickel project

TOKYO/BENGALURU (May 1): Toyota Motor plans to build three vehicle assembly plants in India's western state of Maharashtra as automakers shift focus to emerging markets from stagnating ones such as the United States and China, the Nikkei newspaper said on Friday.

Toyota to build three assembly plants in India's Maharashtra, Nikkei says

JAKARTA (May 1): Indonesia will cut the caps on the commissions that ride-hailing companies take from drivers for each trip to 8% from 20%, President Prabowo Subianto said on Friday in Jakarta.

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