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Malaysia: Employment dilemma

PETALING JAYA: Amid skyrocketing Covid-19 cases in Malaysia, various industry groups have spoken on the impact on businesses should stricter standard operating procedure (SOP) be implemented, with employment being a key concern. Business chambers and manufacturers have been making known their worries that another round of strict movement restrictions would hurt businesses and reverse the […]

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Malaysia: Commodity rally to support ringgit

PETALING JAYA: Prices of various commodities have been on the rise, and as a producer of some of these commodities, Malaysia is a beneficiary of the price uptrend through higher proceeds from exports. This should also translate into a stronger ringgit, giving a boost to the currency that has largely traded sideways above the RM4.10 […]

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Insight – Realising the circular economy for Malaysia

WHILE many corporations have taken positive strides to meet sustainability targets, the circular economy does not yet exist. At best, what we have is a “reuse economy” that incorporates recycling but still absorbs additional raw materials. In a world of finite resources coupled with a growing climate crisis that will impact all stages of the […]

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Malaysia: Banking system remains strong, says Moody’s

PETALING JAYA: Despite the adverse effects of the coronavirus pandemic on the economy, Malaysia’s banking system remains strong on the back of robust liquidity and deposit-driven funding. In its latest sector update, Moody’s Investors Service rated the domestic banking system’s macro profile as “strong -”, higher than several other countries in South-East Asia. The banking […]

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Why more retailers tapping exclusive partnerships as strategy could be a win-win situation for Malaysian consumers

KUALA LUMPUR, May 19 — Maintaining a competitive edge in the contemporary world of retail is a constant challenge. Ever-changing strategies are needed just to stay on the beat. The most apparent change to retail is increased digitalisation. From major household names and brands to mom-and-pop shops, everyone is taking the initiative to set up […]

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