Social entrepreneurship, or social change for that matter, is not something that happens overnight. Even Peetachai “Neil” Dejkraisak took 15 years to set up Siam Organic Co Ltd, in 2011, which develops and markets the speciality organic Jasberry rice.

Bringing social change to the dinner table,  one rice bowl at a time

The world is now placing more focus on social entrepreneurship as it is seen as being more than just a trend or revolution — it is a new and sustainable approach to solving most of today’s critical challenges.

Chivas Regal raises its glass to social entrepreneurship

KUALA LUMPUR: Chivas Regal yesterday launched the Chivas Venture 2018, a global search to find and support the next generation of start-ups wishing to succeed, while changing the world for the better.

US$1m Chivas Venture competition now open

KUALA LUMPUR (Jan 18): “An impact-driven enterprise with the aim to empower refugees in Malaysia through a food business”. It’s how The Picha Project, winner of The Chivas Venture Malaysia, profiles itself.

Chivas Venture Malaysia Winner ‘The Picha Project’ empowers refugees

LAST week, Malaysia found its country representative for this year’s Chivas Venture final pitch, which takes place in Amsterdam on May 24. The Picha Project is a social enterprise headed by a trio of twenty-something women that empowers marginalised communities in the country through a sustainable food catering business.

Chivas Venture Malaysia: Winner The Picha Project delivers excellence

KUALA LUMPUR: In this day and age when a high cost of living makes saving money too difficult a task, owning a home – which was once seen as an obligation or a rite of passage to adulthood – has now become just wishful thinking.

To secure a home, one needs to have in hand a 10% down pay...

Flexible home ownership with FlexKey

Sime Darby Bhd, which saw over 40% contribution from the China market to its bottomline in its first quarter earnings, expects this market to drive earnings growth for the group under its industrial and motor operations in the upcoming quarters.

Sime Darby sees China ops as earnings growth driver for FY21

IT is surprising, and at the same time, unsurprising, that the Conditional MCO (CMCO) is back. Surprising, because our Covid-19 cases are very much scattered. Unsurprising because ... well ... we haven’t been the most mindful, considerate, law-abiding lot, have we?

Would you believe me ...

Coffee Break: When Abah’s rotan isn’t a sufficient deterrent

As I write this piece, I have just snapped out of what seemed like an infinite trance in which I tried to make sense of the past few months since the Movement Control Order (MCO) was enforced.

And in case no one has noticed, we’re close to wrapping up the first half of 2020. That’s a fl...

Coffee Break: Stop judging and start listening

Now that we are well into the year 2020, you would expect society to have become more savvy. You know, way better than our forefathers, especially when it comes to having a First World mentality?

But no. Here we are, despite being told to #stayathome to #flattenthecurve, we step out bec...

Coffee Break: Domestic harmony shouldn’t need Doraemon

Members of the Employees Provident Fund (EPF) who are below 55 years old will have an Account 3 starting from May 11, from which they can make withdrawals at any time for any purpose — subject to a minimum withdrawal amount of RM50. This is on top of the two existing accounts they currently have for retirement savings.

EPF members under age 55 will get Account 3 for flexible withdrawals from May 11

ViTrox Corp Bhd saw its net profit nearly halved for the financial quarter ended March 31, 2024 (1QFY2024), primarily due to unfavourable product mix and higher research and development (R&D) expenditures to support the introduction of new products.

ViTrox 1Q’s net profit nearly halved, extending declining profits to five quarters

Malaysia nevers forget the sacrifices Australian and New Zealand heroes made during the World War II particularly in Sandakan and the lessons of history will be carried forward to the new generation.

Malaysia never forgets sacrifices of Australian, New Zealand war heroes in Sandakan

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives hit a two-month low on Thursday, due to weaker soybean oil futures on the Chicago Board of Trade (CBOT), said a dealer.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the market sentiment was also weighed down by the Dalian Commodity Exchange’s refined, bleached, and deodorised palm olein during Asian trading hours.

CPO futures hit two-month low at the close, in line with weaker rival oils

Universities should implement screening processes for the programmes they conduct, but not to the extent of compromising their autonomy and openness, according to an expert.

Senior Lecturer at the Department of Quran and Sunnah Studies, Faculty of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia (IIUM), Dr Abu Hafiz Salleh Hudin, believes this should be done to avoid controversies, especially involving sensitive issues and national policies.

Universities should screen programmes, but not to extent of compromising autonomy, openness — Expert

Civil servants have been told to consistently uphold speed and efficiency to ensure the prompt implementation of government policies.

Prime Minister Datuk Seri Anwar Ibrahim stressed the need for immediate and innovative action when government policies are announced.

Speed, efficiency vital in task execution, Anwar tells civil servants

As part of its continuing quest to add long-haul destinations to its routes over the long term, AirAsia X is exploring possible destinations in Eastern European countries such as Poland and Hungary, and the airline is not ruling out revisiting London and exercising its landing rights to Orlando in the United States.

AirAsia X mulls flying to Poland, Hungary, London and Orlando

Heineken Malaysia Bhd announced on Thursday that it has nominated Martijn Rene van Keulen as its new managing director (MD).

Heineken nominates Martijn Rene van Keulen as new MD to succeed Roland Bala

The Malaysian Anti-Corruption Commission (MACC) has served a senior police officer arrested on suspicion of protecting an illegal syndicate in the country's capital a notice to declare his assets before April 28.

Senior police officer arrested for alleged corruption given until April 28 to declare assets to MACC

The National Physical Planning Council (MPFN) on Thursday approved the main policy related to urban and rural planning, namely the Master Plan for Land Use Planning for Food Source Areas, aimed at reducing dependence on imported food products.

Land use planning for food source areas master plan approved — KPKT

Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.

Malaysia is said to mull casino resort to revive Forest City

Members of the Employees Provident Fund (EPF) who are below 55 years old will have an Account 3 starting from May 11, from which they can make withdrawals at any time for any purpose — subject to a minimum withdrawal amount of RM50. This is on top of the two existing accounts they currently have for retirement savings.&nbsp;

Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.

YTL Corp rallies to new all-time high after HLIB flags more upside

Digital Nasional Bhd (DNB), the state-owned company in charge of the 5G network infrastructure rollout, on Thursday named five new board members, comprising senior leaders from the telecom and technology industries.

Digital Nasional names senior telco and tech leaders as new directors

Sports retailer Al-Ikhsan Sports Sdn Bhd, in which state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas) owns a 35% stake, has appointed Datuk Hishammudin Hasan as its new chief executive officer effective April 17.

Ekuinas-backed Al-Ikhsan Sports names former 7-Eleven head as CEO

AirAsia X Bhd (AAX), which will be taking over Capital A Bhd's aviation business,&nbsp;has announced the mechanics of its plan via a bourse&nbsp;filing on Thursday.

AirAsia X to buy Capital A's aviation business for RM6.8b via share and debt deal 

Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.

Axiata, Sinar Mas move closer to US$3.5b telco merger, Bloomberg reports

Prime Minister Datuk Seri Anwar Ibrahim on Thursday denied claims that the government will issue a licence for the operation of a casino in Forest City, Johor.

PM denies claims that govt issuing casino licence for Forest City

IOI Properties Group broke ground on Thursday for Senna Puteri, its latest township development located in Sepang, Selangor. The developer is looking to launch 386 units of townhouses in its first phase before the end of the second quarter.

Spanning 117 acres in southern Klang Valley, the 12-phase Senna Puteri will be developed over the next 10 years, offering residential, commercial, recreational areas, green spaces, community hall, surau and more. It has a gross development value (GDV) of over RM3 billion.

IOI Properties breaks ground for 117-acre Senna Puteri in Sepang

JOHOR BAHRU (April 25): The Johor branch of the Malaysian Quarantine and Inspection Services Department (Maqis) found parasitic worms Anisakis sp in samples of sardine cans from China that were brought in through the Sultan Iskandar Building (BSI) here, earlier this month.

Parasitic worms Anisakis sp found in canned sardines from China — Johor dept

KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.

Agricore CS Holdings gets Bursa Malaysia nod to list on ACE Market

Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.

The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.

Malaysia’s inflation steady at 1.8% in March

The Malaysian Anti-Corruption Commission (MACC) has confirmed that former prime minister Tun Dr Mahathir Mohamad is among individuals under investigation by the commission.

Azam Baki confirms Dr M among individuals under MACC probe

The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.

His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.

Appellate court grants Muhyiddin five-member bench for review of charges

KUALA LUMPUR (April 25): Former prime minister Datuk Seri Najib Razak had never instructed 1Malaysia Development Bhd’s (1MDB) management to transfer a total US$1.03 billion to Good Star Ltd, a company linked to the fugitive Low Taek Jho (Jho Low), the court heard on Thursday.

Najib never instructed 1MDB management to transfer monies to Good Star — witness

Investors are looking for the next policy domino to fall in Asia amid an escalating campaign against a resurgent dollar, after Indonesia used a surprise interest rate hike to defend the rupiah.

Asia’s hawks get put on alert after Indonesia’s shock rate hike

Luxchem Corp Bhd’s net profit for the first quarter ended March 31, 2024 (1QFY2024) surged over 54% to RM11.56 million or 1.08 sen per share from RM7.5 million or 0.7 sen per share a year earlier on the back of stronger earnings from both its trading and manufacturing segments.

The industrial chemical and material group’s revenue rose 19.8% to RM183.15 million versus RM152.83 million a year ago as driven by its trading and manufacturing segments, according to a bourse filing on Thursday. &nbsp;

Luxchem 1Q net profit up 54% on stronger trading and manufacturing segment

Shares of CapitaLand Malaysia Trust (CLMT) surged on Thursday to its highest in nearly four years while analysts remained upbeat following better-than-expected first-quarter (1Q) results.

CapitaLand Malaysia Trust surges to near four-year high after strong 1Q

KUALA LUMPUR (April 25): Malaysia requires an annual allocation of at least RM10 billion for the next three years, which is crucial to boost water infrastructure amid below-cost tariffs and high wastage, the National Water Services Commission (SPAN) said on Thursday.

Malaysia needs RM10 bil for next three years to upgrade water infrastructure — SPAN

MKH Oil Palm (East Kalimantan) Bhd (MKHOP), the plantation arm of property developer MKH Bhd, reported RM16.02 million net profit on the back of RM86.05 million revenue for the second quarter ended March 31, 2024 (2QFY2024), ahead of its listing on Bursa Malaysia’s Main Market.

Adela Megan Willy

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Adela Megan Willy

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