Trump’s trade war ripples through the business world, hits stocks again

THE ripple effects of Donald Trump’s global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on

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KL Wellness City – rise of a health and lifestyle gem in Malaysia

KUALA LUMPUR: KL Wellness City (KLWC), a three-in-one project comprising medical/healthcare, property and medical tourism, is gearing up to kick-start operations in the fourth quarter of 2026. The

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Nextgreen IOI Pulp in joint venture with Xiamen C&D to develop RM900m plant in Pahang

PUTRAJAYA: Nextgreen Global Bhd subsidiary Nextgreen IOI Pulp Sdn Bhd (NIP) has partnered with Hong Kong Paper Sources Co Ltd’s subsidiary, Xiamen C&D Paper & Pulp Group Co

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Malaysian takaful industry paid out record RM10.2 billion in benefits in 2024

KUALA LUMPUR: The domestic takaful industry disbursed RM10.2 billion in benefits last year, the highest on record, marking a 16.73% increase from 2023 as it continued to expand

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Takaful industry faces potential RM800m hit with Bank Negara’s premium cap

KUALA LUMPUR: The takaful industry is expected to face potential losses of up to RM800 million following Bank Negara Malaysia’s (BNM) interim measures to curb rising medical and

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LIAM: Basic insurance plan to address rising medical costs in the works

KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM) is working with Bank Negara Malaysia (BNM), the Ministry of Health and the Malaysian Takaful Association (MTA) to develop

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Industrial parks to drive SP Setia’s future growth

KUALA LUMPUR: Despite external uncertainties, property developer SP Setia Bhd remains confident of meeting its FY25 sales target of RM4.8 billion. Maybank Investment Bank Bhd (Maybank IB) said

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Primed for war and not climate action

FOR lack of a peace vision and global leadership, we saw in Part Four that Malaysia scored no points for its failure to offer any solutions to the

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President Xi pushes for fair trade

THE gloves may be temporarily off between Washington and Beijing following President Donald Trump’s decision to exempt selected electronic goods from tariffs. However, while sanity returns to the

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Ringgit opens nearly flat amid slight uptick in DXY

KUALA LUMPUR: The ringgit opened nearly flat against the US dollar on Wednesday, as the US Dollar Index (DXY) edged up slightly to 100.215 points after staying below

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