Wednesday, 23 July 2025

Author: Noor Syahhira Hady

BNPL debt accumulation worrying concern among young

ALTHOUGH Buy Now, Pay Later (BNPL) schemes are reshaping consumer spending, particularly among young Malaysians and lower-income groups, financial experts have expressed growing concerns over the risks these schemes pose to the financial health of the younger generation. According to Malaysian Financial Planning Council (MFPC) President Andy Ng Yen Heng,

Chamber seeks government support for Orang Ulu firms

KUCHING: The Orang Ulu Chamber of Commerce and Industry (OUCCI) has called on the Sarawak government to include measures in the upcoming state budget to support the participation of Dayak Orang Ulu companies in infrastructure projects within their own communities OUCCI Secretary General Osart Jallong said such a move would

Another bumper budget on the way

KUCHING: Sarawak is likely to see another record-breaking budget for 2024, with substantial allocations expected to bolster social welfare, rural development, and workforce upskilling, said the Associated Chinese Chambers of Commerce and Industry of Sarawak (ACCCIS) secretary-general Datuk Jonathan Chai. Chai anticipated the budget to prioritise support for senior citizens

DUBS wants budget to aid micro, startup firms

KUCHING: The Sarawak Bumiputera Entrepreneurs Chamber (DUBS) is optimistic that the upcoming Sarawak State Budget will address the needs of local businesses, particularly micro and startup enterprises.DUBS president Datuk Abang Helmi Ikhwan urged the state government to consider several key areas to support business growth and sustainability.“Targeted grants and low-interest

Parkwood plots new Rawang haven

KUCHING: Parkwood Holdings Berhad (Parkwood) has acquired five parcels of freehold land in Rawang, Selangor, totaling approximately 32.3 acres.The acquisition, valued at RM30.9 million, will pave the way for a contemporary residential enclave prioritising sustainable living and community connection.“Strategically located between Kuala Lumpur and Rawang, the land offers excellent connectivity

Community carnival to celebrate award wins

KUCHING: Interhill Property, the property arm of Interhill Group, is celebrating its recent award wins with a three-day ‘Luxe Meets Fun’ carnival at Shoppes @ Urban Residences, the development’s lifestyle commercial hub. The carnival, held from Nov 1 to 3, commemorates Urban Residences’ prestigious wins at the Borneo Star Award

Consider turning waste material into by-products, Premier tells firm

BINTULU: OM Materials Sarawak has been encouraged to explore opportunities to further repurpose its production waste into other products, aligning with Sarawak’s push towards a circular economy.  Premier Datuk Patinggi Tan Sri Abang Johari suggested that the company consider producing ferro calcium cored wire (CaFeCW) from ferroalloy materials, stressing that this tough wire could

MoU signed on project to repurpose ferroalloy slag

BINTULU: OM Materials (S) Pte Ltd (OMS) and South32 Marketing Pte Ltd (South32) have inked a Memorandum of Understanding (MoU) to collaborate on a project to repurpose ferroalloy slag. The project seeks to develop and implement innovative solutions to close the silico manganese slag (SiMn) waste loop by recycling it

Roasted chicken seller strikes jackpot win

KUCHING: A local businessman struck gold when he bagged RM1 million in the Bank Simpanan Nasional (BSN) Premium Savings Certificate (SSP) special draw. Mohamad Hasta Karim, 41, hailing from Serian, expressed his astonishment at winning the lucky draw, stating it was an unexpected turn of events. Commencing his savings journey

EPF contributions for foreign workers to boost economy, says academic

KUCHING: Mandating Employees Provident Fund (EPF) contributions for foreign workers in Malaysia is expected to significantly impact the economy, with increased national savings being one of the primary outcomes. According to lecturer Nivakan Sritharan from the Faculty of Business, Design and Arts at the Swinburne University of Technology Sarawak Campus,