BusinessToday's Trending Stories
Goodyear Malaysia To Shut Down Shah Alam Plant, 550 Jobs Affected
Goodyear Malaysia has announced the closure of its manufacturing plant in Shah Alam, effective June 30, 2024, with the process expected to be completed by the year’s end. This move will impact approximately 550 jobs, according to a leaked internal memo from Nathaniel Madarang, The Goodyear Tire & Rubber Company’s Asia Pacific president.
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Think City Launches Geran Komuniti K2K To Enhance Public Housing Communities
Think City has introduced the Geran Komuniti K2K grant program aimed at empowering communities residing in public housing.
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Starbucks Middle East Franchisee Firing 2000 Workers As War Boycott Impacts
The Middle East franchisee of Starbucks said on Tuesday (Mar 5) it has begun firing around 2,000 workers at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip.
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Accelerating Women’s Progress Via EI Investment
By: Dr. Jessica Francis
As the world celebrates International Women’s Day on March 8th, it’s an opportune moment to reflect on the journey towards gender equality and the pivotal role of emotional intelligence (EI) in empowering women worldwide. This year’s theme, “Invest in Women: Accelerate Progress,” underscores the importance of fostering environments where women can thrive, lead, and contribute their unique talents to society. At the heart of this endeavour lies the recognition and cultivation of women’s EI—an invaluable asset that holds the key to unlocking their full potential.
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Govt Allocates RM1.935 Billion Electricity Subsidy For Peninsular Malaysia
The government has allocated RM1.935 billion in electricity subsidy for consumers in Peninsular Malaysia for the period of January to June 2024, according to the Energy Transition and Water Transformation Ministry (Petra).
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BAC 2024 States Bank Auditors Urged To Embrace Change To Keep Up With Evolving Landscape
As financial institutions worldwide are being disrupted on multiple fronts in an era marked by climate action and digitalisation, greater expectations are placed on internal auditors in the banking sector to stay ahead of the curve by upskilling and leveraging technological advancements to meet the changing industry and regulatory demands.
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Stellantis Malaysia Begins Operations, Appoints Jamie Francis Morais As Managing Director
Stellantis N.V. has officially launched its Stellantis Malaysia National Sales Company (Stellantis Malaysia) as of March 1, 2024. Stellantis Malaysia will serve as the principal entity overseeing marketing, sales, distribution, and aftersales for PEUGEOT and potentially other Stellantis brands in Malaysia.
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smart Malaysia Begins To Deliver All-Electric #1 Pro SUV
smart Malaysia announced the delivery the smart #1 Pro – an attractive entry-level line to its product portfolio, has begun today.
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Healthcare: Hospitals Fine, Supplements Weak, Kenanga Issues Sector Overweight Call
The sector’s earnings delivery was stable sequentially in the recently concluded 4QCY23 results.
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Glove Sector Bumpy Amidst Continued Weak Demand, Kenanga Issues Underweight Call
Malaysia’s Glove industry players either were in the red or reported tepid profits in 4QCY23, with only one beating expectations.
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