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Giant sinkhole in Chilean mining town haunts residents, three years on
Wed, 01 Oct 2025 04:20:00 +08:00
TIERRA AMARILLA (Reuters) -Residents in the mining town of Tierra Amarilla in the Chilean desert are hopeful that a new court ruling will allay their fears about a giant sinkhole that opened near their homes more than three years ago and remains unfilled. <a href="https://www.thestar.com.my/news/world/2025/10/01/giant-sinkhole-in-chilean-mining-town-haunts-residents-three-years-on">Read full story</a>
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Austria revises 2024 GDP contraction to 0.7 pct
Wed, 01 Oct 2025 03:48:00 +08:00
VIENNA, Sept. 30 (Xinhua) -- Austria's gross domestic product (GDP) contraction for 2024 has been revised to 0.7 percent in real terms, an improvement from the previous estimate of 1.1 percent released in March, Statistics Austria said Tuesday. <a href="https://www.thestar.com.my/news/world/2025/10/01/austria-revises-2024-gdp-contraction-to-07-pct">Read full story</a>
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Saudi Arabia's real GDP projected to grow 4.6 pct in 2026
Wed, 01 Oct 2025 03:29:00 +08:00
RIYADH, Sept. 30 (Xinhua) -- The Saudi Ministry of Finance on Tuesday released its pre-budget statement for fiscal year 2026, projecting real GDP growth of around 4.6 percent, supported by expected expansion in non-oil sectors. <a href="https://www.thestar.com.my/news/world/2025/10/01/saudi-arabia039s-real-gdp-projected-to-grow-46-pct-in-2026">Read full story</a>
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Crude futures settle lower
Wed, 01 Oct 2025 03:18:00 +08:00
NEW YORK, Sept. 30 (Xinhua) -- Oil prices fell on Tuesday. <a href="https://www.thestar.com.my/news/world/2025/10/01/crude-futures-settle-lower">Read full story</a>
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U.S. dollar ticks down
Wed, 01 Oct 2025 03:06:00 +08:00
NEW YORK, Sept. 30 (Xinhua) -- The U.S. dollar fell in late trading on Tuesday. <a href="https://www.thestar.com.my/news/world/2025/10/01/us-dollar-ticks-down">Read full story</a>
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Chinese-built raw water pre-treatment project inaugurated in Mauritania
Wed, 01 Oct 2025 02:21:00 +08:00
NOUAKCHOTT, Sept. 30 (Xinhua) -- The Beni Nadji raw water pre-treatment station project, located in Mauritania's Trarza region and constructed by a Chinese company, was inaugurated on Monday. <a href="https://www.thestar.com.my/news/world/2025/10/01/chinese-built-raw-water-pre-treatment-project-inaugurated-in-mauritania">Read full story</a>
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Chinese Embassy in Mauritania marks 76th anniversary of PRC founding
Wed, 01 Oct 2025 02:17:00 +08:00
NOUAKCHOTT, Sept. 30 (Xinhua) -- The Chinese Embassy in Mauritania hosted a reception on Monday to celebrate the 76th anniversary of the founding of the People's Republic of China (PRC), which falls on Oct. 1. <a href="https://www.thestar.com.my/news/world/2025/10/01/chinese-embassy-in-mauritania-marks-76th-anniversary-of-prc-founding">Read full story</a>
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Cameroon commissions Chinese-built headquarters of public works ministry
Wed, 01 Oct 2025 02:14:00 +08:00
YAOUNDE, Sept. 30 (Xinhua) -- Cameroonian Prime Minister Joseph Dion Ngute on Tuesday inaugurated the headquarters building of the Ministry of Public Works, built by Sinohydro Corporation Limited, a Chinese engineering and construction company. <a href="https://www.thestar.com.my/news/world/2025/10/01/cameroon-commissions-chinese-built-headquarters-of-public-works-ministry">Read full story</a>
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8 dead in informal gold mine collapse in Malawi
Wed, 01 Oct 2025 02:14:00 +08:00
LILONGWE, Sept. 30 (Xinhua) -- At least eight people were killed and five others injured when an informal gold mine collapsed Tuesday in Kasungu, about 150 km north of Malawi's capital, Lilongwe, authorities said. <a href="https://www.thestar.com.my/news/world/2025/10/01/8-dead-in-informal-gold-mine-collapse-in-malawi">Read full story</a>
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Zimbabwe reserves quarry, granite mining exclusively for citizens
Wed, 01 Oct 2025 02:10:00 +08:00
HARARE, Sept. 30 (Xinhua) -- The Zimbabwean government on Tuesday added quarry and granite mining to the list of economic sectors that are exclusively reserved for local investors. <a href="https://www.thestar.com.my/news/world/2025/10/01/zimbabwe-reserves-quarry-granite-mining-exclusively-for-citizens">Read full story</a>
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Support for chips, E&E
Wed, 01 Oct 2025 00:00:00 +08:00
Malaysia's development expenditure is set to take a turn towards high-technology investments next year, with Budget 2026 widely expected to intensify support for the semiconductor as well as electrical and electronics (E&E) sectors, says Kenanga Research. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/support-for-chips-ee">Read full story</a>
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Stronger second half likely for AEON Credit
Wed, 01 Oct 2025 00:00:00 +08:00
AEON Credit Service (M) Bhd's mix of B40:M40 customers at a 65:35 ratio may pose some challenges to the group beyond the first half of financial year 2026 (1H26), weighed down by lower economic prospects and inflation spurred by developments in trade tariffs. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/stronger-second-half-likely-for-aeon-credit">Read full story</a>
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F1 fuels enterprise growth, global visibility
Wed, 01 Oct 2025 00:00:00 +08:00
It's just days before the roar of the engines will be heard in Singapore. As the city transforms its streets into the famed Marina Bay Street Circuit ahead of this weekend's Formula 1 Grand Prix, a familiar buzz of anticipation is building. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/f1-fuels-enterprise-growth-global-visibility">Read full story</a>
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Limited downside to Vantris Energy
Wed, 01 Oct 2025 00:00:00 +08:00
Despite its successful debt restructuring plan announcement, the share price of Vantris Energy Bhd remains depressed. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/limited-downside-to-vantris-energy">Read full story</a>
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Economic climate to challenge Kim Loong’s operations
Wed, 01 Oct 2025 00:00:00 +08:00
Analysts have mixed views on Kim Loong Resources Bhd's business performance over the next few quarters, amid a challenging economic climate. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/economic-climate-to-challenge-kim-loongs-operations">Read full story</a>
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Hiap Teck buoyed by recovery in the steel industry
Wed, 01 Oct 2025 00:00:00 +08:00
There is renewed optimism for Hiap Teck Venture Bhd, buoyed by signs of recovery in the steel industry and improving demand drivers in the construction sector. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/hiap-teck-buoyed-by-recovery-in-the-steel-industry">Read full story</a>
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Retail growth to remain resilient with subsidies
Wed, 01 Oct 2025 00:00:00 +08:00
Retail momentum is expected to stay resilient, supported by firm labour market conditions, benign inflation and targeted fiscal measures, say analysts at MBSB Research. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/retail-growth-to-remain-resilient-with-subsidies">Read full story</a>
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Gamuda strengthens its position in Singapore
Wed, 01 Oct 2025 00:00:00 +08:00
Engineering and construction group Gamuda Bhd's acquisition of a land parcel in Singapore worth S$1.01bil or about RM3.31bil, together with joint-venture partners, is deemed positive and a timely addition to the group's Singapore portfolio, analysts say. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/gamuda-strengthens-its-position-in-singapore">Read full story</a>
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Official reserve assets at US$123bil at end-August
Wed, 01 Oct 2025 00:00:00 +08:00
Malaysia's official reserve assets amounted to US$122.68bil (RM516bil) as at end-August 2025, while other foreign currency assets stood at US$252.8mil, according to Bank Negara Malaysia (BNM). <a href="https://www.thestar.com.my/business/business-news/2025/10/01/official-reserve-assets-at-us123bil-at-end-august">Read full story</a>
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Budget 2026 to drive bold fiscal reforms ahead
Wed, 01 Oct 2025 00:00:00 +08:00
The upcoming Budget 2026 is expected to prioritise fiscal resilience, strengthening economic foundations and uplifting the rakyat, says RHB Research. <a href="https://www.thestar.com.my/business/business-news/2025/10/01/budget-2026-to-drive-bold-fiscal-reforms-ahead">Read full story</a>
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Letting the young live in luxury
Sat, 05 Oct 2024 00:00:00 +08:00
Affordable living quarters has long been a problem in South-East Asia, particularly among young people. <a href="https://www.thestar.com.my/business/smebiz/2024/10/05/letting-the-young-live-in-luxury">Read full story</a>
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Making parking a cruise
Sat, 28 Sep 2024 00:00:00 +08:00
It's an all-too familiar story in Malaysia. Urban centres that are choked with vehicles, traffic jams and lots of time spent driving in search of a parking spot, which in turn contributes to further congestion. <a href="https://www.thestar.com.my/business/smebiz/2024/09/28/making-parking-a-cruise">Read full story</a>
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Notti makes good with pet nutrition
Sat, 21 Sep 2024 00:00:00 +08:00
Data from Fortune Business Insights reveals that the global pet food market was valued around US$120bil last year. The segment is projected to grow to US$193bil within the next decade, representing a compound annual growth rate (CAGR) of over 5%. <a href="https://www.thestar.com.my/business/smebiz/2024/09/21/notti-makes-good-with-pet-nutrition">Read full story</a>
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Serving up a platter of health
Sat, 14 Sep 2024 00:00:00 +08:00
It's an alarming statistic. Over 54% of Malaysian adults are either overweight or obese, a sharp rise of nearly 10% since 2011, according to the National Health and Morbidity Survey (NHMS) 2023. <a href="https://www.thestar.com.my/business/smebiz/2024/09/14/serving-up-a-platter-of-health">Read full story</a>
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America’s top stock picker Benjamin sees beauty in chips
Sat, 30 Dec 2023 00:00:00 +08:00
Snce the beginning of the century, when he started following the industry that makes silicon and germanium, whose units are measured in a billionth of a meter, or a nanometer, Adam Benjamin has helped investors profit from the smartest part of the world. <a href="https://www.thestar.com.my/business/smebiz/2023/12/30/americas-top-stock-picker-benjamin-sees-beauty-in-chips">Read full story</a>
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A helping hand for local SMEs on their halal journey
Tue, 08 Nov 2022 11:30:00 +08:00
Alliance Bank provides RM400mil Shariah-compliant financing to accelerate SMEs’ growth in the halal industry. <a href="https://www.thestar.com.my/business/business-news/2022/11/08/a-helping-hand-for-local-smes-on-their-halal-journey">Read full story</a>
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Be one of Malaysia’s Growth Champions
Sat, 29 Oct 2022 08:41:00 +08:00
LOCAL companies now have the opportunity to be recognised as a leading organisation based on their revenue growth in Malaysia <a href="https://www.thestar.com.my/business/smebiz/2022/10/29/be-one-of-malaysias-growth-champions">Read full story</a>
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SMEs can now seek financing from MFA
Sat, 24 Sep 2022 00:00:00 +08:00
KUALA LUMPUR: Micro, small and medium enterprises (SMEs) facing cash flow problems can seek alternative financing from a RM5bil fund offered by 25 registered financiers under the Malaysian Factors Association (MFA). <a href="https://www.thestar.com.my/news/nation/2022/09/24/smes-can-now-seek-financing-from-mfa">Read full story</a>
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Furniture sold online, with a twist
Sat, 27 Aug 2022 00:00:00 +08:00
Cuura.space targets property owners to refurbish their units affordably and quickly for the rental market <a href="https://www.thestar.com.my/business/smebiz/2022/08/27/furniture-sold-online-with-a-twist">Read full story</a>
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Small business owners receive help to thrive
Tue, 19 Jul 2022 00:00:00 +08:00
Women entrepreneurs get assistance from US-based NGO through business coaching and networking sessions. <a href="https://www.thestar.com.my/metro/metro-news/2022/07/19/small-business-owners-receive-help-to-thrive">Read full story</a>
