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Roundup: Bulgarian village yogurt festival blends tradition, health and culture
Sat, 30 Aug 2025 03:56:00 +08:00
MOMCHILOVTSI, Bulgaria, Aug. 29 (Xinhua) -- The eighth edition of the Yogurt Culture Festival kicked off on Friday in the Bulgarian village of Momchilovtsi in the Central Rhodope Mountains, with the aim of showcasing local traditions and promoting a healthy lifestyle. <a href="https://www.thestar.com.my/news/world/2025/08/30/roundup-bulgarian-village-yogurt-festival-blends-tradition-health-and-culture">Read full story</a>
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US builds up forces in Caribbean as officials, experts, ask why
Sat, 30 Aug 2025 03:51:00 +08:00
WASHINGTON (Reuters) -A large buildup of U.S. naval forces in and around the Southern Caribbean has officials in Caracas and experts in the United States asking: is the move aimed at combating drug cartels, as the Trump administration has suggested, or is it for something else entirely? <a href="https://www.thestar.com.my/news/world/2025/08/30/us-builds-up-forces-in-caribbean-as-officials-experts-ask-why">Read full story</a>
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Crude futures settle lower
Sat, 30 Aug 2025 03:20:00 +08:00
NEW YORK, Aug. 29 (Xinhua) -- Oil prices fell on Friday. <a href="https://www.thestar.com.my/news/world/2025/08/30/crude-futures-settle-lower">Read full story</a>
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U.S. dollar ticks down
Sat, 30 Aug 2025 03:18:00 +08:00
NEW YORK, Aug. 29 (Xinhua) -- The U.S. dollar fell in late trading on Friday. <a href="https://www.thestar.com.my/news/world/2025/08/30/us-dollar-ticks-down">Read full story</a>
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Slovenia's inflation hits 16-month high in August
Sat, 30 Aug 2025 02:39:00 +08:00
LJUBLJANA, Aug. 29 (Xinhua) -- Slovenia's annual inflation rate rose to a 16-month high in August, driven mainly by higher food prices, the country's Statistical Office said Friday. <a href="https://www.thestar.com.my/news/world/2025/08/30/slovenia039s-inflation-hits-16-month-high-in-august">Read full story</a>
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"Yiwu Selection" store debuts in Nairobi, bringing Chinese brands closer to Kenyan consumers
Sat, 30 Aug 2025 02:31:00 +08:00
NAIROBI, Aug. 29 (Xinhua) -- Yiwu Selection, a brand export collection store, officially opened in Nairobi, Kenya's capital, on Friday, introducing high-quality and affordable Chinese products to local shoppers. <a href="https://www.thestar.com.my/news/world/2025/08/30/yiwu-selection-store-debuts-in-nairobi-bringing-chinese-brands-closer-to-kenyan-consumers">Read full story</a>
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Finland's Q2 GDP falls 0.4 pct, annual growth forecast cut
Sat, 30 Aug 2025 02:31:00 +08:00
HELSINKI, Aug. 29 (Xinhua) -- Finland's gross domestic product (GDP) contracted by 0.4 percent in the second quarter of 2025 from the previous quarter, Statistics Finland said in a press release on Friday. <a href="https://www.thestar.com.my/news/world/2025/08/30/finland039s-q2-gdp-falls-04-pct-annual-growth-forecast-cut">Read full story</a>
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Malawi seeks technologically driven agriculture to satisfy int'l market
Sat, 30 Aug 2025 02:25:00 +08:00
BLANTYRE, Malawi, Aug. 29 (Xinhua) -- Malawian Minister of Agriculture Sam Kawale has hailed the 21st National Agriculture Fair as a milestone in ensuring that the country adopts smart and sustainable agriculture systems to satisfy the international market. <a href="https://www.thestar.com.my/news/world/2025/08/30/malawi-seeks-technologically-driven-agriculture-to-satisfy-int039l-market">Read full story</a>
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Trump wrongly ended protections for Venezuelan migrants, US appeals court rules
Sat, 30 Aug 2025 02:11:00 +08:00
(Reuters) -A federal appeals court on Friday ruled that U.S. President Donald Trump's administration had likely acted unlawfully when it rolled back temporary protections from deportation granted to 600,000 Venezuelans living in the United States during his Democratic predecessor Joe Biden's tenure. <a href="https://www.thestar.com.my/news/world/2025/08/30/trump-wrongly-ended-protections-for-venezuelan-migrants-us-appeals-court-rules">Read full story</a>
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Zambia, International Vaccine Institute sign deal to advance local vaccine manufacturing
Sat, 30 Aug 2025 02:05:00 +08:00
LUSAKA, Aug. 29 (Xinhua) -- Zambia and the International Vaccine Institute have signed a landmark memorandum of understanding to boost local vaccine manufacturing, according to a statement released on Friday. <a href="https://www.thestar.com.my/news/world/2025/08/30/zambia-international-vaccine-institute-sign-deal-to-advance-local-vaccine-manufacturing">Read full story</a>
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Urban Renewal Act: Rezone or resist?
Sat, 30 Aug 2025 00:00:00 +08:00
The proposed Urban Renewal Act (URA) has attracted significant public interest. <a href="https://www.thestar.com.my/business/business-news/2025/08/30/urban-renewal-actrezone-or-resist">Read full story</a>
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US reports solid July consumer spending; core inflation firmer
Fri, 29 Aug 2025 21:32:00 +08:00
WASHINGTON: U.S. consumer spending increased solidly in July while underlying inflation picked up as tariffs on imports raised prices of some goods, but that data will probably not prevent the Federal Reserve from cutting interest rates next month against the backdrop of softening labor market conditions. <a href="https://www.thestar.com.my/business/business-news/2025/08/29/us-reports-solid-july-consumer-spending-core-inflation-firmer">Read full story</a>
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Berjaya Corp posts RM556mil FY25 loss, remains cautiously optimistic on FY26
Fri, 29 Aug 2025 20:37:00 +08:00
KUALA LUMPUR: Berjaya Corp Bhd (BCorp), which posted a wider loss in the fourth quarter ended June 30, 2025 (4Q25), remains cautiously optimistic that its business operations will deliver a satisfactory performance for the financial year ending June 30, 2026 (FY26). <a href="https://www.thestar.com.my/business/business-news/2025/08/29/berjaya-corp-posts-rm556mil-fy25-loss-remains-cautiously-optimistic-on-fy26">Read full story</a>
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NexG wins RM1.73bil six-year contract to supply Malaysian passports
Fri, 29 Aug 2025 20:28:00 +08:00
PETALING JAYA: NexG Bhd has secured a letter of award from the Ministry of Home Affairs to supply Malaysian International Passports with a ceiling value of RM1.73bil premised on an estimated production of 3 million units per year for six years. <a href="https://www.thestar.com.my/business/business-news/2025/08/29/nexg-wins-rm173bil-six-year-contract-to-supply-malaysian-passports">Read full story</a>
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Econpile secures RM23.46mil construction contract
Fri, 29 Aug 2025 20:15:00 +08:00
KUALA LUMPUR: Econpile Holdings Bhd's wholly-owned subsidiary, Econpile (M) Sdn Bhd, has secured a RM23.46 million construction contract from Matrix Concepts (Central) Sdn Bhd. <a href="https://www.thestar.com.my/business/business-news/2025/08/29/econpile-secures-rm2346mil-construction-contract">Read full story</a>
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Hibiscus Petroleum posts 14% higher sales, declares 9 sen dividend for FY25
Fri, 29 Aug 2025 20:02:00 +08:00
PETALING JAYA: Hibiscus Petroleum Bhd posted a net profit of RM74.6mil for the fourth quarter ended June 30 (4Q25) on the back of RM629.5mil revenue and an average realised oil and condensate price of US$72.70 per barrel. <a href="https://www.thestar.com.my/business/business-news/2025/08/29/hibiscus-petroleum-posts-14-higher-sales-declares-9-sen-dividend-for-fy25">Read full story</a>
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Kenanga to focus on cost management, efficiency amid challenging 2025 outlook
Fri, 29 Aug 2025 19:47:00 +08:00
PETALING JAYA: Kenanga Investment Bank Bhd will continue to navigate a challenging operating environment for the remainder of 2025, despite the current macroeconomic landscape and significant decline in stock market volume. <a href="https://www.thestar.com.my/business/business-news/2025/08/29/kenanga-to-focus-on-cost-management-efficiency-amid-challenging-2025-outlook">Read full story</a>
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Steel Hawk ventures into utilities sector with RM92.7mil TNB deal
Fri, 29 Aug 2025 19:36:00 +08:00
KUALA LUMPUR: Steel Hawk Bhd has announced its first entry into the utilities and power infrastructure sector through a RM92.7mil subcontract with Tenaga Nasional Bhd (TNB). <a href="https://www.thestar.com.my/business/business-news/2025/08/29/steel-hawk-ventures-into-utilities-sector-with-rm927mil-tnb-deal">Read full story</a>
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Crescendo sells Johor industrial land for RM263.2mil
Fri, 29 Aug 2025 19:24:00 +08:00
KUALA LUMPUR: Crescendo Corporation Bhd's wholly-owned subsidiary, Crescendo Development Sdn Bhd (CDSB) is disposing of industrial land in Bandar Cemerlang Industrial Park, Kota Tinggi, Johor, for RM263.2mil cash, or RM115 per sq ft. <a href="https://www.thestar.com.my/business/business-news/2025/08/29/crescendo-sells-johor-industrial-land-for-rm2632mil">Read full story</a>
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TM’s 2Q net profit up 1.7% to RM403mil, declares 12.5 sen dividend
Fri, 29 Aug 2025 19:11:00 +08:00
KUALA LUMPUR: Telekom Malaysia Bhd (TM) recorded a higher net profit of RM402.97 million in the second quarter ended June 30, 2025 (2Q 2025) compared with RM 396.42 million in the corresponding quarter last year. <a href="https://www.thestar.com.my/business/business-news/2025/08/29/tms-2q-net-profit-up-17-to-rm403mil-declares-125-sen-dividend">Read full story</a>
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Letting the young live in luxury
Sat, 05 Oct 2024 00:00:00 +08:00
Affordable living quarters has long been a problem in South-East Asia, particularly among young people. <a href="https://www.thestar.com.my/business/smebiz/2024/10/05/letting-the-young-live-in-luxury">Read full story</a>
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Making parking a cruise
Sat, 28 Sep 2024 00:00:00 +08:00
It's an all-too familiar story in Malaysia. Urban centres that are choked with vehicles, traffic jams and lots of time spent driving in search of a parking spot, which in turn contributes to further congestion. <a href="https://www.thestar.com.my/business/smebiz/2024/09/28/making-parking-a-cruise">Read full story</a>
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Notti makes good with pet nutrition
Sat, 21 Sep 2024 00:00:00 +08:00
Data from Fortune Business Insights reveals that the global pet food market was valued around US$120bil last year. The segment is projected to grow to US$193bil within the next decade, representing a compound annual growth rate (CAGR) of over 5%. <a href="https://www.thestar.com.my/business/smebiz/2024/09/21/notti-makes-good-with-pet-nutrition">Read full story</a>
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Serving up a platter of health
Sat, 14 Sep 2024 00:00:00 +08:00
It's an alarming statistic. Over 54% of Malaysian adults are either overweight or obese, a sharp rise of nearly 10% since 2011, according to the National Health and Morbidity Survey (NHMS) 2023. <a href="https://www.thestar.com.my/business/smebiz/2024/09/14/serving-up-a-platter-of-health">Read full story</a>
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America’s top stock picker Benjamin sees beauty in chips
Sat, 30 Dec 2023 00:00:00 +08:00
Snce the beginning of the century, when he started following the industry that makes silicon and germanium, whose units are measured in a billionth of a meter, or a nanometer, Adam Benjamin has helped investors profit from the smartest part of the world. <a href="https://www.thestar.com.my/business/smebiz/2023/12/30/americas-top-stock-picker-benjamin-sees-beauty-in-chips">Read full story</a>
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A helping hand for local SMEs on their halal journey
Tue, 08 Nov 2022 11:30:00 +08:00
Alliance Bank provides RM400mil Shariah-compliant financing to accelerate SMEs’ growth in the halal industry. <a href="https://www.thestar.com.my/business/business-news/2022/11/08/a-helping-hand-for-local-smes-on-their-halal-journey">Read full story</a>
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Be one of Malaysia’s Growth Champions
Sat, 29 Oct 2022 08:41:00 +08:00
LOCAL companies now have the opportunity to be recognised as a leading organisation based on their revenue growth in Malaysia <a href="https://www.thestar.com.my/business/smebiz/2022/10/29/be-one-of-malaysias-growth-champions">Read full story</a>
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SMEs can now seek financing from MFA
Sat, 24 Sep 2022 00:00:00 +08:00
KUALA LUMPUR: Micro, small and medium enterprises (SMEs) facing cash flow problems can seek alternative financing from a RM5bil fund offered by 25 registered financiers under the Malaysian Factors Association (MFA). <a href="https://www.thestar.com.my/news/nation/2022/09/24/smes-can-now-seek-financing-from-mfa">Read full story</a>
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Furniture sold online, with a twist
Sat, 27 Aug 2022 00:00:00 +08:00
Cuura.space targets property owners to refurbish their units affordably and quickly for the rental market <a href="https://www.thestar.com.my/business/smebiz/2022/08/27/furniture-sold-online-with-a-twist">Read full story</a>
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Small business owners receive help to thrive
Tue, 19 Jul 2022 00:00:00 +08:00
Women entrepreneurs get assistance from US-based NGO through business coaching and networking sessions. <a href="https://www.thestar.com.my/metro/metro-news/2022/07/19/small-business-owners-receive-help-to-thrive">Read full story</a>