<div class=newsTextDataWrapInner>Parkson's Hong Kong subsidiary PRGL issues profit warning 
 
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Parkson's Hong Kong subsidiary PRGL issues profit warning

 
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Parkson's Hong Kong subsidiary PRGL issues profit warning

The Muslim tourist market is projected to contribute at least 230 million in global international tourist arrivals with a spending of US$225 billion by 2028. This forecast has prompted many popular destinations to come up with innovative offerings to attract Muslims tourists.

Muslim-friendly tourism — next big opportunity Malaysia should not miss

Technology and gadgets have become essential tools in this rapidly evolving digital age, but these could negatively impact children. To help children cope with the dangers of the internet, they must be taught how to detect digital crimes and understand consent from a young age, said Mediha Mahmoo...

Parental Control: Educating children on consent to safeguard against predators

Hybrid working arrangements are increasingly becoming a distant memory. However, that doesn’t mean employees will accept this change without resistance.

Young Malaysians would rather resign if hybrid working rescinded

The Malaysian Cyber Security Bill 2024 has emerged as a pivotal milestone in the nation’s cybersecurity landscape. Passed by Dewan Negara on April 3 following its initial reading at the Dewan Rakyat on March 25, the bill awaits royal assent and publication in the Government Gazette before it offi...

Legislation: A new era for cybersecurity in Malaysia

Freelancing has long been associated with creative and technological skills and is often perceived as being low value or low skill. However, the market is undergoing a significant shift, particularly in Southeast Asia, and is becoming the fastest growing segment in the gig economy for highly skil...

GIG Economy: Southeast Asia’s fast growing freelancer market to boost local economy

Data literacy among businesses in Malaysia is gaining significance against the backdrop of a booming big data analytics (BDA) market projected to reach US$1.9 billion (RM7.85 billion) by 2025. Yet, local businesses continue to grapple with data literacy challenges, impeding their capacity to leve...

Data Fluency: Data literacy to empower informed decision-making and innovation

At the recent soft launch of the KL20 Summit 2024, Minister of Economy Rafizi Ramli said chasing unicorns is a “policy of the past”. Indeed. In fact, Malaysia has long been a unicorn breeder — in the semiconductor space.

To illustrate, JP Morgan reports that the country hosts semiconduc...

Spotlight: Seizing the crown in the global semiconductor race

From its humble beginnings in Japan, the leading general merchandise store and supermarket chain, AEON CO. (M) BHD. or AEON, has come a long way since its arrival on Malaysian shores in 1984.

Accelerating the country’s economic engine as the backbone of modern Malaysian retail

Southeast Asia is increasingly vulnerable to climate change, marked by heatwaves, coastal flooding and devastating impact on agriculture. Technologies such as artificial intelligence (AI), climate analytics and nature-based solutions (NbS) are now being used to predict and mitigate these threats ...

Cover Story: Mitigating the impact of climate change: From algorithms to ecosystems 

With the accounting industry set to be disrupted by artificial intelligence (AI) in the next five to 10 years, accountants need to embrace and adapt their jobs to the technology in order to stay relevant.

Professor Dr David Asirvatham, executive dean of the faculty of innovation and tec...

Issues: Embrace tech or be replaced, accountants warned

DUBLIN (May 26): Twelve people travelling on a Qatar Airways flight from Doha to Ireland were injured during a bout of turbulence, Dublin Airport said on Sunday, adding that the plane landed safely and as scheduled.

Twelve injured as Qatar Airways’ Dublin flight hits turbulence, airport says

KUALA LUMPUR (May 26): The ringgit has recorded the best performance against the US dollar as of mid-May 2024 among 10 regional currencies, following the Madani Government’s integrated action to promote inflows into the foreign exchange (forex) market over the past three months,&nbsp;the Ministry of Finance (MOF) said on Sunday.

MOF: Ringgit top performer among 10 regional currencies as of mid-May 2024

KUALA LUMPUR (May 26): The Singapore Airlines (SIA) aircraft used for a flight in which a passenger died during severe turbulence, returned to Singapore on Sunday, five days after its emergency landing in Bangkok, the carrier said in a statement.

Aircraft that was in severe turbulence incident returns to Singapore

KUALA LUMPUR (May 26): The implementation mechanism and date of targeted diesel subsidy will be announced in the near future, said Prime Minister Datuk Seri Anwar Ibrahim.

PM: Implementation date, mechanism for targeted diesel subsidy out soon

PONTIAN, Johor (May 26): Malakoff Corporation Bhd&nbsp;(KL:MALAKOF) aims to use 15% of biomass in the combustion process at the Tanjung Bin power plant here, by 2027.

Malakoff targets 15% biomass co-firing in Tanjung Bin power plant by 2027

CAIRO/JERUSALEM (May 26): Hamas said it launched missiles at Tel Aviv on Sunday, prompting sirens to sound in the Israeli city for the first time in four months, as the Palestinian group sought to show military strength despite Israel's Gaza offensive.

Hamas fires missiles at Tel Aviv, prompting first sirens in months

SHANGHAI (May 26): All parties involved in approving business and foreign investment applications, particularly from China, are urged to streamline and accelerate the process, said Malaysia's Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi on Sunday.&nbsp;

Ahmad Zahid urges streamlined approval for businesses, foreign investments, particularly from China

PONTIAN, Johor (May 26): The government aims to ensure that 40% of the country’s primary energy mix comes from renewable energy (RE) sources by 2035, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Fadillah: Govt aims for 40% of primary energy mix to come from RE sources by 2035

DUBAI (May 26): Iran has approved a plan to raise its oil output to four million barrels per day, the country's Tasnim news agency said on Sunday, without providing a time frame.

Iran plans to raise oil output to four million barrels per day — Tasnim

KUALA LUMPUR (May 26): Two&nbsp;deputy ministers have been appointed as Parti Keadilan Rakyat (PKR) State Leadership Council chairmen, following a restructuring decided during the PKR central leadership council meeting on Sunday.

Fahmi: Two deputy ministers appointed as PKR State Leadership Council chairmen

SINGAPORE (May 26): Malaysian Foreign Minister Datuk Seri Mohamad Hasan will make a two-day official visit to Singapore, beginning Monday (May 27), his first to the republic in his current portolio.

Mohamad Hasan to make two-day official visit to Singapore starting Monday, says Singaporean foreign ministry

(May 26):&nbsp;Emerging markets such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute.

India, Indonesia stand out for emerging market investors in aging world

Freelancing has long been associated with creative and technological skills and is often perceived as being low value or low skill. However, the market is undergoing a significant shift, particularly in Southeast Asia, and is becoming the fastest growing segment in the gig economy for highly skil...

Technology and gadgets have become essential tools in this rapidly evolving digital age, but these could negatively impact children. To help children cope with the dangers of the internet, they must be taught how to detect digital crimes and understand consent from a young age, said Mediha Mahmoo...

Hybrid working arrangements are increasingly becoming a distant memory. However, that doesn’t mean employees will accept this change without resistance.

The Malaysian Cyber Security Bill 2024 has emerged as a pivotal milestone in the nation’s cybersecurity landscape. Passed by Dewan Negara on April 3 following its initial reading at the Dewan Rakyat on March 25, the bill awaits royal assent and publication in the Government Gazette before it offi...

At the recent soft launch of the KL20 Summit 2024, Minister of Economy Rafizi Ramli said chasing unicorns is a “policy of the past”. Indeed. In fact, Malaysia has long been a unicorn breeder — in the semiconductor space.

To illustrate, JP Morgan reports that the country hosts semiconduc...

The role of an International Financial Centre (IFC) in driving economic growth can have great influence on a country's development and reputation. According to the World Alliance of International Financial Centres, an IFC is defined as an intense concentration of a wide variety of international financial businesses and transactions in one location. The success of an IFC is beneficial for a nation's development, competitiveness, and global standing, and its impact and influence cannot be denied.

The Rise of TRX as Malaysia's International Financial Centre

From its humble beginnings in Japan, the leading general merchandise store and supermarket chain, AEON CO. (M) BHD. or AEON, has come a long way since its arrival on Malaysian shores in 1984.

Data literacy among businesses in Malaysia is gaining significance against the backdrop of a booming big data analytics (BDA) market projected to reach US$1.9 billion (RM7.85 billion) by 2025. Yet, local businesses continue to grapple with data literacy challenges, impeding their capacity to leve...