Elderly woman rescued after falling into drain in Tanjung Bungah
The woman was transported to a nearby hospital by ambulance for treatment. - Courtesy picGEORGE TOWN: A woman who is believed to be in her 60s was rescued after she fell into a 1m-deep drain in a residential area in Tanjung Bungah here this morning. "A team from the Bagan Jermal station arrived at the scene and found a woman who had fallen into a drain that is about 1m deep." "She was transported to a nearby hospital by ambulance." The woman is believed to be in her 60s.
Source:New Strait Times
February 04, 2026 12:53 UTC
PETRONAS signs LNG supply deal with Thailand's PTT
DOHA (Feb 4): Malaysia's PETRONAS has signed a deal to supply liquefied natural gas (LNG) to Thailand's PTT for five years, starting in 2028, an executive told Reuters at the LNG2026 conference in Doha, QatarPETRONAS will supply PTT with four or five LNG cargoes a year, added Shamsairi Ibrahim, vice-president of LNG marketing and trading at PETRONAS. This will be the second contract between PETRONAS and PTT. An existing contract between PETRONAS and PTT runs from 2017 to 2032 for 1.2 million metric tons of LNG per year. Read also:PETRONAS to buy natural gas from QatarEnergy for 20 years
Source:The Edge Markets
February 04, 2026 12:53 UTC
Musk's xAI-SpaceX merger bets on sci-fi future of space data centres
Musk, though, known for betting on seemingly far-out theories and getting them to work, may finally be laying the groundwork to make data centres in space a reality. "Compute in space isn’t sci-fi anymore," said David Ariosto, the author and founder of space intelligence firm The Space Agency. Old idea meets new economicsAdvocates argue space-based data centres would be a cheaper alternative to data centres on Earth, thanks to constant solar energy and the ability to dump heat directly into space. Even with Musk's ambitions, data centres in space may not be achievable for another decade, some experts have said. Bombarding chips with radiationAmong the biggest challenges facing space data centres are radiation and cooling.
Source:The Edge Markets
February 04, 2026 12:33 UTC
Disney’s CEO pick shows it’s a tourism company now — Bloomberg analysis
After such a highly scrutinised and prolonged CEO search, the choice of D’Amaro is both unsurprising and anticlimactic. For the Disney board, D’Amaro was therefore the safe and obvious choice — and in keeping with the Iger mold. But what D’Amaro lacks is sweeping experience across an increasingly complex company that includes a relationship-driven entertainment business. Despite the strength in his own division, D’Amaro inherits a company facing a weak growth forecast and a stock that has well underperformed the market since Iger returned. The company said Iger would step down in March and remain a senior adviser and board member until his retirement at the end of the year.
Source:The Edge Markets
February 04, 2026 12:17 UTC
Proton expands electrification strategy with e.MAS 7 PHEV launch
KUALA LUMPUR (Feb 4): Proton has expanded its electrification strategy by going into the plug-in hybrid electric vehicle (PHEV) segment, positioning the new Proton e.MAS 7 PHEV as a key offering to widen market reach beyond full electric vehicles. Proton chairman Tan Sri Syed Faisal Albar said the company’s move into the PHEV segment reflects its multi-pathway approach to electrification, aimed at addressing practical mobility needs while supporting the country’s transition towards cleaner transportation. “PHEV technology serves as an effective bridge between conventional internal combustion engine vehicles and full battery electric vehicles, particularly as charging infrastructure continues to be rolled out nationwide,” he said at the launching ceremony of Proton e.MAS 7 PHEV here Wednesday. The Proton e.MAS 7 PHEV was launched by Minister of Investment, Trade and Industry (Miti) Datuk Seri Johari Abdul Ghani. While no specific sales target has been set for the PHEV model, the model is expected to gain positive market traction, supported by strong demand for its earlier electric vehicle offerings.
Source:The Edge Markets
February 04, 2026 12:17 UTC
Kelle Energy launches mobile EV chargers in Malaysia
KUALA LUMPUR (Feb 4): Singapore-based clean energy technology company Kelle Energy launched mobile electric vehicle (EV) chargers integrated with battery energy storage systems (BESS) in Malaysia on Wednesday, which it claims to be the first in the country. Jason Koh, CEO of Kelle Energy, said the mobile EV chargers are meant to complement the existing EV charging system in Malaysia, while providing flexibility in reaching areas where the infrastructure to build new charging stations is not available. The target to reach 10,000 EV chargers by 2025, according to Low-Carbon Mobility Blueprint 2021-2030, was not achieved last year. Kelle Energy introduced mobile EV chargers integrated with battery energy storage systems in Malaysia. It also signed a MOU with EV Connection Sdn Bhd, an EV charging point operator in Malaysia, to deploy and expand its mobile EV charging solution nationwide.
Source:The Edge Markets
February 04, 2026 11:57 UTC
Xi touts Global South solidarity in Uruguay talks
A media pool report cited Xi as saying China backed Latin American and Caribbean nations in upholding sovereignty, security and development interests, to help defuse a volatile international situation and “escalating unilateral bullying”. China and Uruguay should “work together to advance an equal and orderly multipolar world and an inclusive, universally beneficial economic globalisation,” Xi said yesterday. Uruguay would like to increase trade in goods, especially through diversification, and invest more strongly in services and investment, the pool report added. China “is willing to work with Uruguay and other regional countries to deepen and solidify the building of a China-Latin America community with a shared future,” Xi said. It backs Uruguay in taking on the rotating presidency of the Group of 77+, he added, aiming to boost solidarity in the developing Global South.
Source:The Star
February 04, 2026 11:50 UTC
Armed Forces seeking release of funds for operational expenditure, says defence chief
KUALA LUMPUR (Feb 4): The Malaysian Armed Forces (MAF) will submit an application to Prime Minister Datuk Seri Anwar Ibrahim, in his capacity as finance minister, regarding the release of procurement funds for the forces' operational expenditure. “When procurement is frozen or temporarily withheld, it will affect operations, whether in terms of development planning or operational activities. However, the immediate impact is on operational expenditure, which supports the routine daily tasks currently being carried out. Malek Razak said the application would be submitted within a week and that the MAF would appeal to the prime minister to at least release operational expenditure so that the force can move forward. Elaborating further, Malek Razak said the operational expenditure involved is estimated at around RM2 billion for the army, with about RM1.5 billion each for the Navy and the Air Force.
Source:The Edge Markets
February 04, 2026 10:47 UTC
Eurozone inflation rate falls to lowest in more than a year
(Feb 4): Euro-area inflation sank further below the European Central Bank’s 2% target as officials weigh their next steps on interest rates. Core inflation, excluding volatile food and energy costs, unexpectedly eased to 2.2%, while the closely watched services gauge slowed to 3.2%, Eurostat said Wednesday. After falling short this year and next, inflation is projected to return to the ECB’s goal and policymakers generally consider themselves well placed. While German inflation of 2.1%, just exceeded expectations, France unexpectedly recorded a five-year low of 0.4%. In light of such lingering uncertainty, ECB policymakers called for total flexibility on rates at their December meeting.
Source:The Edge Markets
February 04, 2026 10:37 UTC
[UPDATED] Man to be charged with attempted murder following petrol rampage in Kajang
The man who went on a violent rampage at a house in Bandar Teknologi Kajang, where he slaughtered a pet chicken, doused two women with petrol and set a car on fire, will be charged with attempted murder tomorrow. —KAJANG: The man who went on a violent rampage at a house in Bandar Teknologi Kajang, where he slaughtered a pet chicken, doused two women with petrol and set a car on fire, will be charged for attempted murder tomorrow. Kajang police chief Assistant Commissioner Naazron Abdul Yusof said the suspect will be brought before the Sessions Court here at 9am. "The suspect will face charges under Section 307 and Section 435 of the Penal Code for attempted murder and mischief by fire," he said when contacted. He then picked up one of her two pet chickens and slaughtered it before pouring petrol on the car and setting it ablaze.
Source:New Strait Times
February 04, 2026 10:10 UTC
Drone maker WB Electronics eyes Poland IPO towards end of the year — Bloomberg
WB Electronics has grown exponentially since Russia’s full-scale invasion of Ukraine in 2022, with its drones used extensively on battlefields. WB Electronics calls itself the bloc’s largest UCAV producer. Based in the Warsaw suburb of Ozarow Mazowiecki, WB Electronics has seen its revenues jump to three billion zloty (RM3.3 billion) in 2024 from 343 million zloty in 2021. Wojciechowski owns 45.49% in WB Electronics, deputy CEO and fellow co-founder Adam Bartosiewicz 28.07% while PFR has 26.44%, according to the company’s website. Representatives from WB Electronics and PFR were not immediately available for comment.
Source:The Edge Markets
February 04, 2026 09:47 UTC
[UPDATED] New armed forces chief vows 'total clean-up' of military
KUALA LUMPUR: Armed forces chief General Datuk Malek Razak Sulaiman has vowed a total clean-up of the military following recent controversies, saying governance and integrity failures must be addressed decisively to restore public confidence. "We acknowledge and understand the public's concerns, and what has occurred to the armed forces over the past month serves as a wake-up call to the management of the armed forces," he said at a press conference today after clocking in as the 24th Armed Forces Chief. He said the armed forces would not compromise on any breaches involving governance, human resource management, development planning, financial management or procurement, both within the armed forces and the Defence Ministry. Also present were Royal Malaysian Navy chief Admiral Tan Sri Zulhelmy Ithnain, Army chief General Datuk Azhan Md Othman and Royal Malaysian Air Force chief General Datuk Seri Muhamad Norazlan Aris. "The armed forces are a strong organisation, so when weaknesses occur, we must rise again.
Source:New Strait Times
February 04, 2026 08:04 UTC
#SHOWBIZ: Emma Maembong on Sibu nightclub appearance: 'I have nothing to hide'
Actress Emma Maembong clarifies that her presence at a Sibu nightclub was solely to support her friend, DJ Kidd, during his performance. Pic from IGKUALA LUMPUR: Popular actress Emma Maembong has clarified that her recent visit to a nightclub in Sibu, Sarawak, was not for a night of partying. Instead, Emma explained that she was there to support her close friend, DJ Kidd, who had been booked to perform at the venue. I was in Sibu for a music video shoot, and it just so happened that DJ Kidd was spinning there, so I wanted to go and watch him. Aware that many patrons were recording her presence, Emma maintained that she made no attempt to stop them as she had nothing to hide.
Source:New Strait Times
February 04, 2026 07:33 UTC
DuitNow QR operator PayNet formally appoints Praveen Rajan as CEO
KUALA LUMPUR (Feb 4): Payments Network Malaysia Sdn Bhd, the operator of DuitNow QR payment system, has formally appointed Praveen Rajan as its chief executive officer, effective Feb 1. He succeeds Farhan Ahmad, who stepped down on Jan 31, the national payments infrastructure company also known as PayNet said in a statement. Praveen joined PayNet as CEO-designate on Dec 1, 2025, as part of a planned leadership transition. Prior to joining PayNet, he was the chief consumer business officer at CelcomDigi Bhd (KL:CDB). Apart from the central bank, 11 Malaysian financial institutions are shareholders in PayNet, including the country’s largest bank by assets Malayan Banking Bhd (KL:MAYBANK).
Source:The Edge Markets
February 04, 2026 07:32 UTC
Hedge funds revive yen-weakness trades ahead of Japan vote
(Feb 4): Hedge funds are reviving bets against the yen, positioning for renewed weakness as Japan heads into a pivotal election this weekend. Amid a pickup in call option demand, the premium to hedge dollar-yen’s downside compared to upside over the next month, has fallen to its lowest in nearly two weeks. Takaichi’s latest remarks have added to the renewed bullishness in dollar-yen. Asset managers, often referred to as real money funds, by contrast are taking a more cautious stance amid recent volatility as they wait for greater clarity on where the pair is next headed. “Real money is largely sidelined, using options for protection rather than committing to a clear USD/JPY direction,” said Ivan Stamenovic, head of Asia-Pacific G-10 currency trading at Bank of America Corp.
Source:The Edge Markets
February 04, 2026 07:26 UTC