Business News
Adidas and Puma Announce Cost-Cutting Measures Amid Profit Pressure
FRANKFURT: German sportswear giants Adidas and Puma are planning cost-cutting measures, including potential job cuts, to improve profitability and navigate post-crisis challenges. Adidas revealed it is reassessing its business structure to ensure “long-term success,” which could impact up to 500 positions at its Herzogenaurach headquarters, according to German media. CEO
Hawana 2025 to Unite Asean Media, Tackle Industry Challenges
New Investment Incentive Framework to be Announced by Mid-2025
Johor-Singapore Special Economic Zone: A Landmark Collaboration
PM Anwar Ibrahim Attends World Economic Forum 2025 to Drive Global Collaboration
Global Markets Rally on Positive Economic Data Ahead of US Inauguration
US AI Chip Restrictions Unlikely to Impact Malaysia’s Data Centres
Business News
Global Markets Rally on Positive Economic Data Ahead of US Inauguration
NEW YORK/LONDON (Jan 18): Global equities rose on Friday, driven by strong economic data and upbeat corporate earnings, while US Treasury yields and the dollar rebounded after recent declines. MSCI’s
US AI Chip Restrictions Unlikely to Impact Malaysia’s Data Centres
KUALA LUMPUR: Malaysia’s Tier 2 classification under the United States’ new artificial intelligence (AI) chip export restrictions is expected to have minimal impact on existing data centres, according to Deputy
Johor Bahru’s Economic Potential Hinges on Collaboration
PETALING JAYA: Johor Bahru’s emergence as a key economic hub will rely on seamless collaboration between Malaysia’s federal and state governments and their strategic partnership with Singapore. Knight Frank Malaysia’s
