Business
Back to homepageTikTok Shop posts over 130pc sales growth during Ramadan, Aidilfitri
KUALA LUMPUR, April 9 — TikTok Shop, which markets Malaysian-made products by micro, small and medium enterprises (MSMEs) as well as local brands via TikTok Shop Mall, recorded sales growth of over 130 per cent year-on-year throughout Ramadan and Aidilfitri
Read MoreMalaysian glove maker WRP to wind down operations as Iran war drives costs, supply crunch
KUALA LUMPUR, April 9 — Malaysian rubber glove manufacturer WRP Asia Pacific Sdn Bhd will begin winding down its operations this month, citing disruptions to global energy and petrochemical supply chains linked to the Middle East conflict. In a letter
Read MoreRinggit firms at 3.97 amid ceasefire optimism, but outlook stays fragile
KUALA LUMPUR, April 9 — The ringgit remained firmer at the 3.97 level against the US dollar and other major currencies at Thursday’s opening, supported by improved market optimism following the two-week ceasefire, which spurred risk-on sentiment. At 8am, the
Read MoreBursa Malaysia jumps 1.16pc as US-Iran ceasefire lifts market sentiment
KUALA LUMPUR, April 8 — Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and
Read MoreGrab rolls out 13 AI features to sharpen superapp edge across South-east Asia
JAKARTA, April 8 — South-east Asia’s top ride-hailing and delivery firm, Grab, has unveiled 13 new artificial intelligence (AI)-powered features at its annual GrabX 2026 showcase, positioning its platform as an intelligent everyday guide aimed at improving daily life, travel
Read MoreGrab to launch ‘Carri’ robot to speed up deliveries and boost driver efficiency
JAKARTA, April 8 — South-east Asia’s top ride-hailing and delivery firm, Grab, is planning to introduce “Carri”, a physical automation robot, to bridge the gap between digital intelligence and real-world logistics. Its group chief executive officer and co-founder, Anthony Tan,
Read MoreRinggit strengthens as markets react to two-week pause in US strikes on Iran
KUALA LUMPUR, April 8 — The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.
Read MoreOil prices plunge and stocks jump after US-Iran two-week ceasefire
SINGAPORE, April 8 — Oil prices dived, bonds rallied and stocks surged today after a two-week ceasefire in the Middle East spurred a relief rally as investors cheered the possible resumption of oil and gas flowing through the Strait of Hormuz.
Read MoreThailand considers late-night petrol station closures as Middle East tensions drive shortages
BANGKOK, April 7 — Thailand is considering enforcing overnight closures of petrol stations beginning later this month, the prime minister said today, an effort to preserve fuel as the Middle East war has driven fears of shortages. Anutin Charnvirakul, whose
Read MoreRinggit ends almost flat against US dollar amid West Asia tensions
KUALA LUMPUR, April 7 — The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia. At 6 pm, the local note was almost flat against the greenback, being slightly
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