Saturday, June 15

Tag: business

Strong interest in real estate in Malaysia but insufficient demand
Business, Finance, Uncategorized

Strong interest in real estate in Malaysia but insufficient demand

According to PropertyGuru Malaysia, interest in buying real estate is still high in Malaysia despite the country's higher cost of living, financial limitations, and affordability. According to country manager Sheldon Fernandez in its Consumer Sentiment Study (CSS) Second Half 2023 (2H2023), approximately 50 percent of those surveyed, particularly the younger and lower-income populations, rely on government assistance to purchase a property. Furthermore, 46 percent of the respondents reported persistent difficulties obtaining financing for affordable housing initiatives, Fernandez added. According to Fernandez, it is crucial to strategically plan and carry out cheap housing programs to accommodate today's lifestyle, particularly in metropolitan regions where there are also ris...
The government is committed in helping businesses’ growth and achievements
Business, News

The government is committed in helping businesses’ growth and achievements

Credit: The Star The government wants to be more pro-business and make conducting business in Malaysia much simpler overall in order to guarantee the nation's economic success. According to Transport Minister Anthony Loke Siew Fook, the private sector is the engine of economic growth, and without it, the economy would not flourish. “The private sector is not our enemy, and the government is not the enemy of the private sector. Hence, we must work together,” he said during his opening speech of the dialogue session held by the Malaysian International Chamber of Commerce and Industry (MICCI) with the Transport Ministry at Menara Star, Petaling Jaya. Although Loke acknowledged that the government is concentrating on attracting foreign direct investment, he asserted that domestic ...
Malaysia holds great opportunity for solar energy
Business, Environment, Innovation/ Technology

Malaysia holds great opportunity for solar energy

Malaysia and other Southeast Asian nations have a lot of opportunities as a result of the shift toward renewable energy, particularly biofuels. Gavin Towler, chief sustainability officer at Honeywell, stated that roughly 20 years ago, there was a compelling argument for using "more expensive energy" in developing nations. The prevailing concept was to exploit accessible, low-cost energy to increase the standard of living. Towler pointed out, however, that some of the renewable resources already in use are less expensive than non-renewable resources like fossil fuels, a type of energy that has been extensively used. "What has happened is that when the scale of renewable power has grown, renewable energy resources like wind and solar have become cheaper than fossil fuels. So...
Malaysia’s economic freedom has declined, think tank says
Business, News

Malaysia’s economic freedom has declined, think tank says

Malaysia came in 56th out of 165 nations in the most recent Economic Freedom of the World study by the Center for Market Education (CME). The study, which CME and the Fraser Institute of Canada carried out, essentially assesses people's capacity to make their own economic decisions across 165 jurisdictions. It examines essential components such as the country's size of government, its legal system and property rights security, access to sound money, international trade freedom, and credit, labor, and business regulation. The report, which uses data from 2021 since there are international comparisons available, demonstrates Malaysia's decline in recent years. “The year before, in 2020, Malaysia ranked 53rd. The 2021 score thus represented a deterioration in Malaysia’s ranki...
More Malaysian brands are looking into investing in conversational commerce
Business, Innovation/ Technology

More Malaysian brands are looking into investing in conversational commerce

Infobip, a global cloud communications platform, has partnered with IDC, a leading IT market research firm, to release an InfoBrief titled "Revolutionising Customer Experience through Conversational Commerce." This report highlights the growing significance of AI-driven conversational commerce and omnichannel communication platforms in the Asia Pacific region. It not only underscores the importance of customer-centric strategies but also offers guidance for brands looking to effectively embrace and utilize conversational commerce, aiming to enhance value for both businesses and customers. “As businesses embrace the potential of conversational commerce, they position themselves to forge ahead, leveraging AI technology to create meaningful connections and unlock new growth opportu...
Anwar Ibrahim To Introduce 25 Cabinet Members By 2 December
Business, Leadership, Lifestyle, News, Politics, The IKON

Anwar Ibrahim To Introduce 25 Cabinet Members By 2 December

According to a source quoted by Free Malaysia Today, Prime Minister Datuk Seri Anwar Ibrahim's Cabinet will consist of 25 members. The premier's initial press conference hinted at the appointment of two deputy prime ministers. According to a source close to Free Malaysia Today, the deputy prime ministers will represent Barisan Nasional (BN), particularly UMNO, and Gabungan Parti Sarawak (GPS). Meanwhile, the PKR, UMNO, DAP, and GPS are expected to take the majority of cabinet slots. Warisan, Amanah, and UPKO are also anticipated to serve in the Pakatan Harapan (PH) chairman's Cabinet. If the information is correct, Anwar's Cabinet is around 65% smaller than Datuk Seri Ismail Sabri Yaakob's Cabinet and 55% smaller than the Cabinet of the previous PH administration. Anwar is expected t...
Jennaira Holdings – The Vision of Dato Sri Azlina
Business, Innovation/ Technology, Leadership, Lifestyle, The IKON, Women’s Corner

Jennaira Holdings – The Vision of Dato Sri Azlina

Dato Seri Azlina Hanim the founder of Jennaira Holding, which has various business chains as well as other items such as drinks, food, yoghurt ice cream, health products, and several more enterprises. The brand features a hijab fashion line that was debuted earlier this year at an open house event in June. Many celebrities and prestigious people are expected to attend the event. We got a chance to celebrate the success of the fashion line during our IKON Brand Awards 2022, where Jennaira Holdings won the title of IKON Top Fashion Industry. The award acknowledges the innovative factors of the brand and the way the company has set its vision in a sustainable manner meeting consumer needs and community awareness initiatives. Aweera and Farawahida, two vocalists, enthralled the crowd at t...
Agnes Lee & Caryn Leo build the Most Trusted  Brand in Beauty & Health Industry 2022
Business, Innovation/ Technology, Leadership, Lifestyle, The IKON, Women’s Corner

Agnes Lee & Caryn Leo build the Most Trusted Brand in Beauty & Health Industry 2022

Two ladies are known as the anchor and driver of Mac Innovations Sdn. Bhd. The company specializes in infusing technology with beauty treatments and 21st-century regimes. IKON Malaysia has identified them as the Most Trusted Brand in Beauty & Health Industry this 2022, as the company and proven stable growth and popularity in the community. With the two key pillars Agnes Lee and Caryn Leo, their combined expertise has built the company with a proven reputation for excellence and results. The services under Mac Innovations include CAK peptide treatments which are comparatively efficient and safer compared to traditional beauty therapy and esthetical surgery. The treatment focuses on highly active peptides to activate the elastin and fibroblasts of the skin dermis to achieve that firm...