Howard Chang, Managing Director of Malaysia and Thailand, Kantar (Worldpanel Division) said, “Household FMCG spend in Malaysia has been stagnant for the past several years. In 2019, there was only 1% …
Malaysia has adequate supply of essential goods, says Ismail Sabri
The supply of essential goods in Malaysia is adequate to meet the current needs of the country, says Datuk Seri Ismail Sabri Yaakob.
US Seeks Monet, Warhol Art Linked To Malaysia Scandal
The United States is seeking to seize another $96 million in assets allegedly linked to Malaysia’s 1MDB corruption scandal, including Claude Monet and Andy Warhol paintings, officials said. Billions …
Malaysia’s 1MDB scandal: US seeks seizure of fugitive Jho Low’s Paris apartment, artworks
US prosecutors expanded their effort to seize assets that fugitive Low Taek Jho allegedly bought with money stolen from Malaysia’s 1MDB state investment fund, including a Paris apartment and art works …
Retail shops in Malaysia move online to stay afloat
Even though it has had a negative impact on both public health and the economy, the Covid-19 outbreak was a game changer when it came to digital transformation. It forced retailers to migrate to …
Wintermar Offshore (WINS:JK) Successfully Reschedules US$29 Million of Debt with IFC and DEG
Wintermar has concluded a rescheduling agreement with two major lenders, the International Finance Corporation (IFC … IFC Country Manager for Indonesia, Malaysia, and Timor Leste. Mr Heribert Puetz, …
Malaysia Manufacturing Sector Expands In June – IHS Markit
The manufacturing sector in Malaysia swung back to expansion in June, the latest survey from IHS Markit revealed on Wednesday with a …
Najib’s 1MDB Trial on Hold to Let Him Join Malaysia Politics
The 1MDB trial for Malaysia’s former leader Najib Razak is put on hold, allowing him to join the political campaign at an upcoming by-election and deliver a speech when parliament sits.
Malaysia’s manufacturing PMI up sharply to 51 in June
The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 51.0 in June 2020 from 45.6 in May 2020, its highest since September 2018.
Win Streak Likely To Continue For Malaysia Shares
The Malaysia stock market has tracked higher in back-to-back sessions, gathering more than a dozen points or 0.8 percent along the way. The Kuala Lumpur Composite Index now rests just above the …