News
Ikea Malaysia keeps prices steady despite global cost pressures
21+ min ago (510+ words) KUALA LUMPUR: Ikea Malaysia is holding prices steady despite rising global cost pressures and is also brushing off competition from online marketplaces, betting on quality and affordability to sustain demand. Country retail director Malcolm Pruys said the company has no…...
Toughening the fight against illicit cigarettes
8+ min ago (130+ words) KLSE Screener Toughening the fight against illicit cigarettes PETALING JAYA: Malaysia's fight against the illicit cigarettes trade is evolving, as policymakers and industry stakeholders assess enforcement effectiveness amid a persistent affordability-driven demand, according to Japan Tobacco International (JTI) Malaysia. Corporate…...
The overlooked role of marine insurance in an era of supply chain disruptions
1+ hour ago (750+ words) For decades, the smooth functioning of global supply chains has created the impression that goods move seamlessly across borders with manageable risk. But a series of geopolitical events, climate-related disruptions and trade bottlenecks in recent years has begun to challenge…...
Ringgit expected to trade at 3. 95-3. 97 against US dollar
1+ hour, 45+ min ago (238+ words) KUALA LUMPUR: The ringgit is expected to trade within a narrow range of between 3. 95 and 3. 97 against the US dollar amid a shortened trading week. Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the focus would be on…...
Nestle invites Malaysian women to participate in MAGGI entrepreneurship programme
16+ hour, 55+ min ago (221+ words) KLSE Screener Nestle invites Malaysian women to participate in MAGGI entrepreneurship programme KUALA LUMPUR: Nestle (Malaysia) Bhd via MAGGI has reaffirmed its long-standing commitment to empowering Malaysian women through a collaboration with the Community Development Department (KEMAS), a government agency…...
[UPDATED] India, US discuss Middle East, trade as US cites progress on Iran conflict
15+ hour, 30+ min ago (445+ words) NEW DELHI: US Secretary of State Marco Rubio held talks with Indian Foreign Minister Subrahmanyam Jaishankar on Saturday, as the two sides discussed the Middle East, trade, visas, maritime security and energy supplies, while Washington cited progress on efforts to…...
Queen launches RMN Littoral Mission Ship Batch 2, Tunku Laksamana Abdul Jalil
13+ hour, 45+ min ago (622+ words) ISTANBUL (May 24): Malaysia on Sunday marked a historic milestone in strengthening its maritime defence capabilities with the naming and launching ceremony of the Royal Malaysian Navy's (RMN) first Littoral Mission Ship Batch 2 (LMSB2) at a shipyard here. The ceremony was graced…...
Gold set to trade cautiously next week amid rising US yields, Middle East tensions
15+ hour, 40+ min ago (261+ words) KUALA LUMPUR: Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as United States Treasury yields continue to rise significantly amid ongoing tensions in the Middle East. A dealer said gold remained compressed but resilient, caught…...
MOH: Covid-19 situation in Malaysia stable, no deaths so far this year
14+ hour, 57+ min ago (351+ words) KUALA LUMPUR (May 24): The current Covid-19 situation in Malaysia remains stable and has shown a significant downward trend compared to last year, with no deaths recorded so far this year. The Ministry of Health (MOH), in a statement Sunday, said…...
Fahmi open to talks with Tik Tok on media livestream revenue
14+ hour, 50+ min ago (334+ words) KUALA LUMPUR (May 24): The Communications Ministry is prepared to hold discussions with Tik Tok to enable media organisations in Malaysia to generate revenue from livestream content broadcast on the platform. Communications Minister Datuk Fahmi Fadzil said media organisations should be…...