business

Articles, videos, and related content associated with all aspects of Business and the culture surrounding business.

Bursa Malaysia Movers: Gamuda’s Data Centre Win, Frontken’s Profit Surge, and Key Corporate Developments to Watch
Malaysian equities are set for a dynamic trading session as several listed companies unveil significant corporate developments ranging from billion-ringgit infrastructure contracts to expansionary capital expenditures and quarterly financial results. Investors will be closely monitoring Gamuda Bhd, Nestcon Bhd, Heineken Malaysia Bhd, Alam Maritim Resources Bhd, Frontken Corp Bhd, Kelington Group Bhd, Destini Bhd, Sarawak Consolidated Industries Bhd (SCIB), and CPE Technology Bhd following announcements that could materially influence their near-term share price trajectories and longer-term growth narratives.
By Mark Lim 3 months ago in Journal
Bank Negara Imposes RM1 Million Fine on Bank Rakyat for Cybersecurity and Data Protection Breaches
Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) of RM1 million on Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) for serious breaches related to cybersecurity and customer information protection. The penalty, which was paid by the bank on January 26, 2026, stems from a cybersecurity incident that occurred earlier this year, highlighting the regulator’s zero-tolerance stance on data security failures within the financial sector.
By Mark Lim 3 months ago in Journal
Nestlé Malaysia to Explore Sale of Ice Cream Business to Froneri
Nestlé (Malaysia) Bhd has formally announced that it will explore the potential sale of its domestic ice cream business to Froneri International Ltd , a UK-based frozen desserts specialist. The development follows an announcement made yesterday by its ultimate holding company, Nestlé S.A. , which disclosed that it had entered into advanced negotiations to sell the remainder of its global ice cream portfolio to Froneri.
By Mark Lim 3 months ago in Journal
Touch ‘n Go’s Enhanced RFID Lane: A Smoother Ride Toward Barrier-Free Tolling?
It is a scene all too familiar to Malaysian motorists: the frustrating crawl toward a toll plaza, only to come to a complete halt because the car ahead is having trouble with its payment method. Whether it’s a failed Touch ‘n Go card tap, an insufficient balance, or an RFID tag that refuses to be read, these bottlenecks create unnecessary congestion and driver stress. The eventual industry goal is to transition to a Multi-Lane Free Flow (MLFF) system, where vehicles can pass through toll zones at highway speeds without stopping. While this doesn’t guarantee zero traffic jams elsewhere, it ensures that the toll collection process itself is no longer the choke point.
By Mark Lim 3 months ago in Journal
Index Ventures Secures $2 Billion Across Three Funds as Wiz Exit Fuels AI and Growth Bets
Index Ventures has announced the closing of $2 billion in fresh capital across three distinct funds, reinforcing its position as one of Europe’s most prolific venture capital firms. The new capital includes $400 million dedicated to a new seed-focused fund, $900 million for its core venture fund, and an additional $700 million added to its growth vehicle. This latest commitment brings the total size of Index’s growth fund originally raised at $1.5 billion in 2024 to $3.5 billion, signaling continued confidence from limited partners despite broader market volatility.
By Mark Lim 3 months ago in Journal
Toyota Raises Annual Profit Forecast by 13% Despite Q1 Earnings Dip and China Slump
Toyota Motor Corp. raised its annual operating profit forecast by 13% on Tuesday, projecting a robust 3.4 trillion yen ($21.6 billion) for the financial year ending in March 2027. The upward revision comes despite the automaker reporting a fifth consecutive quarterly decline in earnings, driven primarily by slumping sales in China and ongoing challenges in the global automotive market.
By Mark Lim 3 months ago in Journal
HSBC Sets US$1bn Buyback After Profit Beat on Boost from Rates and Wealth
The Numbers That Matter HSBC Holdings reported a better-than-expected first-half profit on Tuesday and raised its net interest income target, driven by revenue growth in lending and wealth management fee earnings on robust money flows.
By Mark Lim 3 months ago in Journal
KLIA Terminal 1 Upgrades E-Hailing Pick-Up Facilities with New Tech and RM3 Entry Fee
KUALA LUMPUR – Kuala Lumpur International Airport (KLIA) Terminal 1 has officially launched a comprehensive transformation of its e-hailing pick-up infrastructure, marking a significant step toward modernizing the passenger arrival experience. The enhancements, which came into effect today, August 4, 2026 , were announced by Malaysia Airports Holdings Bhd (MAHB) as part of a broader strategy to optimize traffic flow, improve operational efficiency, and elevate service standards at Malaysia’s primary international gateway.
By Mark Lim 3 months ago in Journal
If You Recognize These 5 Habits, Your 30s Are Running on Borrowed Time
The sorting of adults usually becomes visible around age thirty‑five. Some get pushed upward. Others stay behind, silently. The gap is seldom about education or background – it's about the generational mismatch in mental operating systems. If you or someone near you still show these five patterns, your psychological energy is still running loose.
By Jin3 months ago in Journal
Why Smart Entrepreneurs Get Sick
He said: Starting a business is a group of extremely smart people fighting on physical endurance. Too much cleverness wounds; too deep feeling does not last. The parasympathetic nervous system stays suppressed for too long; the body's systems never get proper recovery, and day by day it turns into illness. Especially the spleen and stomach—once they go bad, everything else follows. The clever eat the honest; heaven eats the clever… Peer too deep into heaven's designs, and you carry too much karma. If you have a gold bangle, don't also reach for the jade ruyi —know how to let go, and life can be safe and still. Before you study the I Ching , you think "great fortune and great profit" is the best. After a while, you discover that the two characters wu jiu ("without fault") are the advanced game. Then you read Xunzi's Exhortation to Learning , where it says: "Nothing is greater for the spirit than to merge with the Way; no blessing is longer than to be free from calamity." And you are struck speechless.
By Jin3 months ago in Journal
The Spinning Top, The Handshake, and The Beach
I once met a man standing in the middle of a commercial street with 28,000 yuan in his pocket. He looked left and right, fire burning in his eyes. He said he was going to start a business.
By Jin3 months ago in Journal
Nanaimo Business Beat: Mid Island Liquor Expands, Firehouse Subs Debuts, and Jalapeños Closes Doors. AI-Generated.
The local business landscape in Nanaimo and across Vancouver Island saw several notable developments in mid-July, marked by expansions, new arrivals, and closures that reflect the dynamic nature of the regional economy.
By Mark Lim 3 months ago in Journal