Southeast Asia’s Grab considering US IPO this year, sources say

SINGAPORE, Jan 18 — Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for initial public offerings (IPOs), three sources familiar with the matter told Reuters. Grab’s IPO could raise at least US$2 billion (RM8.1 billion), one of the sources said, […]

Shopee: Non-groceries post higher growth

THE reinforcement of the Movement Control Order (MCO) has seen Malaysians actively buying tech goods and home improvement tools on Shopee. This is on top of the growing demand for face masks and dry, processed, fresh and frozen foods, as well as health and cleaning products this time around. During the initial MCO in March […]

Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

KUALA LUMPUR (Jan 19): The world’s top producers of palm oil, Indonesia and Malaysia, are looking to join forces for the first time to run an advocacy campaign in Europe, where increasingly tight regulations are threatening sales in their third biggest market. Through the platform of the Council of Palm Oil Producing Countries (CPOPC), the […]

Annuar slams Ahmad Maslan for asking MPs to support Parliament sitting during emergency

KUALA LUMPUR: Tan Sri Annuar Musa has once again accused Umno of conspiring with its political rivals, namely Datuk Seri Anwar Ibrahim and DAP. This was following Umno’s petition letter from its secretary-general Datuk Seri Ahmad Maslan, calling for members of Parliament to agree that Parliament reconvene during the emergency period. Annuar in a written […]

Education Ministry: Trials cancellation is to enable students to concentrate on SPM proper

PETALING JAYA: Schools should not conduct or complete Sijil Pelajaran Malaysia (SPM) trials so students are able concentrate on the actual examination itself. The Education Ministry said this to The Star after the updated frequently asked questions (FAQ) on the operations of educational institutions was issued on Monday (Jan 18). On Jan 18, the ministry said that […]

Meet Kyuta: The 10-year-old, 85kg sumo in training

TOKYO – Among the young sumo wrestlers lifting weights in the ring, 10-year-old Kyuta Kumagai stands out. At 85kg, Kyuta is twice the size of the other children his age and is so dominant that he wrestles, and beats, boys five or six years older. Last year, he was crowned the under-10 world champion, beating competition from […]

Shuttlers Soniia, Kisona told ‘not to panic’

NATIONAL women’s singles head coach Indra Wijaya wants to see more fighting spirit from Soniia Cheah and S. Kisona, as they take to court today in the Toyota Thailand Open. Last week, both Soniia and Kisona failed to get past the first round of the Yonex Thailand Open, bowing out to South Korea’s An Se […]

Norizam slammed for saying Msia’s world ranking ‘shameful’

KELANTAN FC owner Norizam Tukiman is said to be “off target” in hurling accusations at the FA of Malaysia (FAM). Sports analyst Dr Pekan Ramli pointed out that the national team ranking’s world ranking has been improving and not “shameful” as claimed by Norizam. “If we look at the national team’s ranking from 1993, there […]