Local Business News and Regional Commerce & SME Development Updates
AHTV realizes RM7 billion in investment, strengthening Tanjung Malim's automotive hub
The Automotive High-Tech Valley, or AHTV, in Tanjung Malim realized RM7 billion in investment between 2018 and 2026 as the project expanded manufacturing capacity and the local automotive industry ...
ACAMB warns Nigeria bank customers against phishing scams
Banks in Nigeria are facing renewed pressure to help customers guard against increasingly sophisticated phishing scams targeting personal and financial data. ACAMB says consumers should treat ...
KCB Group ratings affirmed by Fitch with stable outlook
Kenya's largest banking group keeps its credit ratings unchanged as sovereign risk, government securities exposure and domestic concentration continue to shape its credit profile. The decision ...
Stanbic Bank Kenya rating affirmed as Fitch cites stable asset quality
Stanbic Bank Kenya keeps its 'B-' long-term issuer default rating with a stable outlook as the lender maintains a solid position in Kenya's banking market. The assessment also points to adequate ...
Australia small businesses face mounting cost pressures and regulatory changes
Australian small businesses are facing tighter cashflow as higher borrowing costs, fuel prices and multiple policy changes add to operating strain. Payment delays are worsening across the sector, ...
Bangladesh government approves bank leadership changes at Janata, Agrani and BASIC
Bangladesh is reshuffling the leadership of several state-owned banks, with private-sector executives set to take over top roles at Janata Bank and Agrani Bank. The appointments are structured as ...
VinFast Philippines projects EV sales to top 8,000 units as fuel costs lift demand
Rising fuel price volatility is pushing more Philippine car buyers toward electric vehicles, supporting VinFast Auto Philippines Corp.'s expectation that sales will exceed 8,000 units this year. ...
Berjaya Property plans to increase its stake in Manjaran to 49%
Berjaya Property Bhd’s move to increase its stake in integrated logistics hub developer Manjaran Sdn Bhd expands its exposure to infrastructure projects in Perlis. The deal values Citaglobal ...
West River secures RM17.85 million M&E subcontracts for residential projects in Selangor and Kuala Lumpur
West River Bhd has expanded its order book with two mechanical and electrical subcontracts for residential projects in Puchong and Bukit Jalil. The contracts, worth a combined RM17.85 million, ...
Aneka Jaringan wins RM53.35 million piling contract for IOI Properties project in Selangor
The new contract adds to Aneka Jaringan’s project portfolio in the Klang Valley as the group faces construction cost pressures that are weighing on margins. Piling work for the Rio City Town ...
SSF Home acquires industrial land in Pulau Indah for RM42.47 million warehouse facility
The home furniture retailer is expanding its logistics infrastructure in Selangor through a proposed purchase of three leasehold industrial lots in Pulau Indah. The move aims to build its own ...
Econpile secures RM24.4 million piling works contract for Kuala Lumpur serviced apartment project
The new contract adds to the momentum in Econpile Holdings Bhd’s order book for foundation and earthworks on a high-rise development in Kuala Lumpur. The first phase of work on the 53-storey ...
GDB wins RM1.02 billion construction contract in Desa ParkCity, boosting order book through 2031
GDB Holdings Bhd has strengthened its long-term earnings visibility after securing the largest contract in the company’s history for a luxury residential project in Desa ParkCity, Kuala Lumpur. ...
Malaysia maintains Langkawi vehicle tax exemption cap to curb revenue leakage
The Malaysian government has stressed that Langkawi’s duty-free status was not created to allow wealthy owners to defer higher taxes on luxury cars. The RM300,000 cap on vehicle duty and tax ...
U.S. toy retailers face price surge as tariffs and shipping costs squeeze margins
Independent toy stores across the U.S. are adjusting prices more frequently as higher shipping fees, tariffs and customs charges raise costs. The pressure comes as toy prices rise 8.3% between ...
Menara Pacific Place believed to change hands in Kuala Lumpur commercial property deal
An old office building on Leboh Ampang is believed to have been sold as interest in character properties in downtown Kuala Lumpur continues to attract attention. The 20-storey tower had an asking ...
PMW International begins construction of RM50 million Sarawak plant
PMW International’s new investment in Tanjung Manis expands the concrete products manufacturer’s footprint into Sarawak, as the state continues to attract domestic capital. The facility is ...
Chinese beauty brands expand global retail push as overseas growth drive accelerates
After building scale and market share at home, Chinese beauty brands are stepping up their international expansion with new store launches, retail partnerships and research investments. The push ...
IJM expected to secure K2 data center construction contract in Johor
Ongoing demand for large-scale digital facilities in Johor is strengthening the outlook for local contractors in the data center segment. IJM Corp Bhd is understood to be on track to secure a ...
Philippine businesses gain spotlight at Asia CEO Awards
Philippine entrepreneurship and corporate leadership are drawing renewed attention as the 2026 Asia CEO Awards highlight companies and executives expanding their reach at home and abroad. The Oct. ...
Queensland butchers confront staffing shortages as Noosa retailer exits storefront operations
Australia's butcher sector is operating under a prolonged labor shortage that is tightening pressure on retail operators in Queensland. In Noosa, one long-running business is ending counter sales ...
