Monday, 22 December 2025

Author: Noor Syahhira Hady

OPR cut offers little boost for cautious property market

KUCHING: Lower interest rates offer little comfort to a cautious property market grappling with falling demand and rising costs, says Datuk Sim Kiang Chiok. The Sarawak Housing and Real Estate Developers’ Association (SHEDA) Kuching Branch chairman said Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) is

Low interest rates boost borrowing for businesses, households

KUCHING: The recent announcement of Bank Negara Malaysia’s (BNM) rate cut may help the economy, but much of East Malaysia risks being left behind without better banking access. This sentiment was voiced by Nivakan Sritharan, a lecturer at Swinburne University of Technology Sarawak, Faculty of Business, Design and Arts who

BNM rate cut signals trouble ahead

KUCHING: Central Bank Malaysia’s (BNM) latest rate cut is a sign of trouble ahead, with deeper concerns driving the move to 2.75 per cent. In stating this, Universiti Malaysia Sarawak (UNIMAS) senior lecturer, Dzul Hadzwan Husaini, said the move shows BNM is responding proactively to both global and domestic risks

Datuk Jonathan Chai Voon Tok

Impact of OPR reduction depends on bank follow-through

KUCHING: Central Bank Malaysia’s (BNM) rate cut may bring relief, but Sarawak’s businesses won’t feel the impact unless banks and policymakers follow through, said Datuk Jonathan Chai Voon Tok. The Sarawak Business Federation (SBF) Secretary-General said the decision to reduce the Overnight Policy Rate (OPR) to 2.75 per cent signals

Michelin by invitation only

TUCKED inside a quiet hutong alley in Beijing’s historic Dongcheng district, Mulu Hutong is not easy to find.  It does not advertise. There is no prominent signboard. To get in, you need to know someone or be invited. But that’s exactly the point. Mulu is a ‘courtyard home’ that resists

Surplus obscures deeper housing imbalance

KUCHING: Sarawak plans to build 20,000 affordable homes under the 13th Malaysia Plan (13MP) from 2026 to 2030, a significant scale-up from the 3,000 units constructed during the current 12MP. Deputy Premier Datuk Amar Dr Sim Kui Hian said the move aims to narrow the gap between housing supply and

Tactical price repricing

KUCHING: Hotels are adjusting room rates and menus in response to higher operating costs triggered by the expanded Sales and Service Tax (SST), which now covers everything from rental leases to imported ingredients. According to Infinite Hospitality Group CEO Patrick Lau, many hotels have already made modest price adjustments to

Culinary connections right up Jasmine’s alley

FROM Sarawak to Beijing, Jasmine Kho’s culinary journey has redefined how Southeast Asian cuisine is experienced in China. Born and raised in Kuching, Jasmine began her career far from the kitchen. Her family’s construction business had roots in China since 1983, when her father set up a factory near Beijing.

Taste of Malaysia in Beijing

IN the fast-moving world of casual dining, consistency is currency. Sarawakian entrepreneur Jasmine Kho is betting that Malaysian food can scale without losing its soul. From Laksa Queen’s lunch queues to Nasi Ah Ma’s one-rice-one-vege-one-protein formula, Jasmine is using branding, operations, and design thinking to turn traditional flavours into everyday

Architects lead, shaping Malaysia’s destiny

SAMARAHAN: Malaysia must stop relying on foreign professionals and start trusting its architects to shape the built environment, said veteran architect and PAM Gold Medallist Datuk Hajeedar Abdul Majid. “Foreigners don’t do nation-building. We have all the skills and the capacity to design anything in this country. Why are we