Newsfeed – Business News
Cuckoo Malaysia to open 10 ‘Brandshops’ within 2 years with RM5mil investment
KUALA LUMPUR: Cuckoo International (Mal) Bhd will invest RM5 million to open 10 “brandshops” in Malaysia within two years to serve as physical “cash and carry” shops in Malaysia. Read […]
Women flexing consumption muscle
CHINESE women are emerging as an increasingly powerful and independent consumer demographic, with a rising preference for emotional value, self-care and collectible trends such as Pop Mart’s Labubu, according to […]
MDV appoints Sharul Sazman Samaan as chief business officer
KUALA LUMPUR: Malaysia Debt Ventures Bhd (MDV), a subsidiary of the Minister of Finance (Incorporated) and agency under the Ministry of Science, Technology and Innovation, has appointed Sharul Sazman Samaan […]
Gold at near 2-week low after Trump announces Israel-Iran ceasefire
GOLD prices fell to a near two-week low on Tuesday as risk appetite improved after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, denting demand […]
CAAM-Mavcom merger a key step for aviation growth – AirAsia
KUALA LUMPUR: AirAsia recognises the merger of the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (MAVCOM) as an important step towards strengthening the country’s aviation sector. […]
SEDA appoints public service department DG as chairman
KUALA LUMPUR: The Sustainable Energy Development Authority (SEDA) Malaysia has appointed Public Service Department Director-General Tan Sri Wan Ahmad Dahlan Abdul Aziz as chairman effective May 15. Read full story […]
Govt approves venture capital tax incentives to boost investments in startups
KUALA LUMPUR: The government has approved new venture capital (VC) tax incentives to include a five per cent concessionary tax rate for up to 10 years for eligible fund entities […]
AirAsia X eyes Central Asia in expansion plan
SEPANG: Medium-haul low-cost airline AirAsia X Bhd plans to make the Central Asian region the main focus of its flight network expansion, supported by the high potential market demand. Read […]
US yields fall after Fed’s Bowman says interest rate cuts may come sooner
NEW YORK: Yields on U.S. Treasuries fell on Monday as Federal Reserve vice-chair Michelle Bowman unexpectedly signaled the first interest rate cut this year could come as soon as July. […]
Shares cheered in Asia as Trump announces Iran-Israel ceasefire
SYDNEY: Wall Street futures rose and the dollar eased in Asia on Tuesday after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices […]