Local News
Is our tourism industry reaching maturity or still in its infancy
INSTEAD of looking for substantive facts and figures, the answer can easily be found in the presence, or absence, of sightseeing tours with daily departures using tour buses, with tourist guides at major cities and popular destinations. These half-day or full-day...
Vegetable and seafood prices go up in Malaysia due to heavy rains
PETALING JAYA - Vegetables and seafood now cost more in Malaysia due to a drop in yield caused by the rainy season, and if the bad weather persists, prices are expected to soar even higher for the Chinese New Year period. Malaysia’s Federation of Vegetable...
No Malaysians affected in Thailand railway blast incident, says Perlis exco
KANGAR: No Malaysians were affected in the railway blast incident in Sadao, Thailand on Saturday (Dec 3) afternoon, says Izizam Ibrahim, the Perlis executive council member in charge of border relations and cooperation. He said from the information he received the...
Malaysia’s 5G network recognised globally at prestigious Glotel award in London
KUALA LUMPUR, Dec 4 — Malaysia’s 5G network has been recognised globally at the prestigious Glotel award which acknowledges innovation and excellence in advancing and transforming telecommunications. The winners were revealed at the global awards ceremony in London...
Malaysian shipping struggling to catch up, while ports ‘anchors aweigh’ from troubled waters
KUALA LUMPUR: Malaysia’s Maritime industry had a mixed development in 2022 with the shipping business slowly steaming in rough waters in 2022, attempting to recover from the hard knocks of the Covid-19 pandemic, and rebuilding it amid a lack of directional stability,...
F&N to leverage on Cocoland to expand packaged food segment
KUALA LUMPUR: The acquisition of Cocoaland Holdings Bhd (Cocoaland) will enable Fraser & Neave Holdings Bhd (F&N) to tap into a market segment worth RM4.2 billion. In a statement, F&N said the acquisition of Cocoaland is a strategic move to realise the...
Ringgit retreats to open lower against US dollar
KUALA LUMPUR: The ringgit retreated from its gains last week to open lower against the US dollar on Tuesday, weighed by a strengthening greenback and declining crude oil prices, an analyst said. At 9 am, the local note eased to 4.5000/5100 against the US dollar from...
Malaysian export prices drop slightly in October – DOSM
KUALA LUMPUR: Malaysia's export prices in October 2022 dropped slightly by 0.05 per cent from 149.8 points in the preceding month to 149.7 points, while the "import unit value index" showed a positive performance of 0.6 per cent to 133.2 points. Accordingly,...
Beer sales expected to pick up for Carlsberg in 4Q
KUALA LUMPUR: Off the back of a strong third-quarter performance, Carlsberg Brewery Malaysia Bhd is expected to put in a commendable fourth quarter result amid strong foreign tourist arrivals, and sporting events such as the 2022 Fifa World Cup and Singapore...
Ringgit opens higher against US$ as ‘stars align’ for local currency
KUALA LUMPUR:The ringgit opened higher against the US dollar today as the greenback continued its easing on the expectation that the US Federal Reserve (Fed) will be less hawkish on its monetary policy after softer inflation data there, analysts said. At 9 am, the...