<div class="image-gallery">
<div class=newsTextDataWrapInner><p class="text-left pull-left pb-5">Click / Tap image to enlarge.</p></div>
<img alt="" class="gallery-items" data-high-res-src="https://assets.theedgemarkets.com/pictures/Invest-KL-Givaudan-29-Aug_Infographic.png" src="https://assets.theedgemarkets.com/pictures/Invest-KL-Givaudan-29-Aug_Infographic.png" /></div>
<style type="text/css">.fixedAd, #inpage_auto_expand {
         display: none !important;
    }
</style>
<script src="//advertisement2.bizedge.com/www/images/ads/ad-scripts/my-embed/imageviewer.min.js"></script><script type="text/javascript">
    jQuery(function () {
        var viewer = ImageViewer();
        jQuery('.gallery-items').click(function () {
            var imgSrc = this.src,
                highResolutionImage = jQuery(this).data('high-res-img');
             viewer.show(imgSrc, highResolutionImage);
        });
        jQuery(".iv-info:not(:first), .iv-loader:not(:first), .iv-snap-view:not(:first), .iv-image-view:not(:first), .fixedAd, .text-size").remove();
        setTimeout(function (){
            jQuery(".fixedAd, #inpage_auto_expand").remove();
        }, 1000);
    });
    </script></div><div class=inPageAd id=div-gpt-ad-inpage>

The global market space of flavour and taste, functional and nutritional ingredients, as well as fragrance and beauty is estimated to be worth more than US$45 billion a year and is evolving quickly. New products such as meat alternatives and natural food components are in demand worldwide, and industry-leading companies such as Givaudan Group (Givaudan) have turned to innovation and sustainability commitments to go beyond industry’s expectations.

Accelerating innovation and sustainability from Greater Kuala Lumpur

The major US stock indices fell on Friday as fresh concerns about Nvidia reignited a selloff in technology shares, while softer October producer prices data offered little relief.

Wall St slides as Nvidia overhang weighs on tech

Federal Reserve Bank of Boston president Susan Collins said additional interest-rate increases will be needed soon as price pressures are broadening.

Fed’s Collins says higher rates are appropriate ‘soon’

Former prime minister Datuk Seri Najib Razak’s movement outside his residence for nearly eight hours on Friday was to attend to several matters, including a medical check-up, Friday prayers and rehabilitation programmes, according to the Malaysian Prisons Department.

Najib’s eight-hour movement outside home complied with house arrest SOP — Prisons Dept

Prime Minister Datuk Seri Anwar Ibrahim has urged the people of Melaka to use their ballots in the state election on Saturday to reject those who exploit religion for political gain, as well as individuals involved in corruption.

Anwar urges Melaka voters to reject exploiters of religion, corrupt individuals

Malaysian manufacturers should take the ongoing Microsoft services disruption as a reminder to strengthen their digital resilience, said the Federation of Malaysian Manufacturing (FMM).

Take Microsoft outage as reminder to beef up manufacturing sector resilience, says FMM

Heitech Padu Bhd (KL:HTPADU) said it is exploring potential opportunities to participate in Myanmar’s Yadanapon Cyber City project.

HeiTech Padu eyes opportunities in Myanmar’s Yadanapon Cyber City project

Fallout from Jensen Huang’s ouster as Nvidia Corp chief executive officer is reaching deep into Washington, where Commerce Secretary Howard Lutnick is confronting accusations that his department didn’t do enough to keep the company’s prized artificial intelligence (AI) chips out of China’s hands.

Lutnick under fire as Bessent blames Commerce Secretary in Nvidia crisis

Bersih chairman Muhammad Faisal Abdul Aziz, in an appeal to the Yang di-Pertuan Agong and the Malay rulers on Friday, said consideration of a royal pardon for Datuk Seri Najib Razak should have been deferred until the conclusion of his outstanding court proceedings.

In letter to Malay rulers, Bersih chairman says Najib's clemency should be deferred

Asda avoided a quarterly drop in sales for the first time in more than two years — though just barely — as the struggling grocer drew more shoppers online with the help of its loyalty programme.

Asda’s flat sales end losing streak as new CEO joins UK grocer

KUALA LUMPUR (Nov 13): Here is a brief recap of some business news and corporate announcements that made headlines on Friday:

Zetrix AI Bhd (KL:ZETRIX) admitted that it is unable to repay the entire RM2 billion outstanding under its sukuk programme and has proposed amen...

Zetrix AI, BCB, Berjaya Property, Destini, Magma, DXN, WCT, Alam Maritim, MyMBN

<p>Financially troubled Zetrix AI Bhd (KL:ZETRIX) on Friday admitted that it is currently unable to repay the entire RM2 billion outstanding under its sukuk programme. The company also said that the suspension of its services as a collection agent for the Road Transport Department (JPJ) is expected to reduce its revenue by about 15%.</p>


Zetrix AI says unable to repay RM2 bil sukuk now, expects 15% revenue hit from JPJ suspension

<p>Billionaire investor and Nvidia Corp shareholder Leo KoGuan expressed support for Jensen Huang on Friday and said he won’t increase his stake in the tech company with someone else at the helm.</p>


Billionaire KoGuan vows to stop buying Nvidia after Huang exit

<p>Bersih chairman Muhammad Faisal Abdul Aziz, in an appeal to the Yang di-Pertuan Agong and the Malay rulers on Friday, said consideration of a royal pardon for Datuk Seri Najib Razak should have been deferred until the conclusion of his outstanding court proceedings.</p>


<p>Property firm BCB Bhd (KL:BCB) has signed agreements to acquire four adjoining parcels of freehold golf course land in Batu Pahat, Johor, for RM110.91 million from a company linked to Berjaya Property Bhd (KL:BPROP).&nbsp;</p>


BCB to buy 64.4ha of golf course land from Berjaya-linked unit for RM111m

<p>Southeast Asia's chip and data centre industries expect greater scrutiny after news of former Nvidia CEO Jensen Huang's affair with a suspected Chinese spy put the spotlight on Singapore and Malaysia, executives and analysts said.</p>

<p>US lawmakers from both parties are pushing for tougher restrictions on China's access to advanced artificial intelligence chips after the Huang scandal increased scrutiny of Nvidia's role in US national security.</p>


Nvidia fallout throws spotlight on AI boom in Malaysia and Singapore 

<p>KUALA LUMPUR (Nov 13): Here is a brief recap of some business news and corporate announcements that made headlines on Friday:</p>

<p><strong>Zetrix AI Bhd</strong> (KL:ZETRIX) admitted that it is unable to repay the entire RM2 billion outstanding under its sukuk programme and has proposed amen...

<p>Mobbed on trips to his birthplace Taiwan by excited fans, Nvidia's former CEO Jensen Huang was for many Taiwanese more than a hero — he helped the diplomatically isolated island feel seen by the rest of the world and instilled a sense of immense pride.</p>

<p>His departure from Nvidia has left many reflecting on the loss of a charismatic champion who helped put Taiwan at the centre of the AI revolution, while raising questions about whether his successor can maintain the same close ties with its technology industry.</p>


Jensen Huang's tech superstar status made Taiwanese feel special

<p>WCT Holdings Bhd (KL:WCT) has appointed Lai Cheng Yee as its new group managing director, replacing Datuk Lee Tuck Fook, who has been redesignated as executive vice-chairman, effective Friday.</p>


WCT Holdings names Lai Cheng Yee group MD, redesignates Lee Tuck Fook as executive vice-chairman

<p>Colette Kress spent years as the one Nvidia executive willing to check CEO Jensen Huang’s enormous, often risky ambitions. As he drove the chipmaker deeper into multibillion-dollar AI investments, she pushed back, according to two people familiar with the matter on Thursday.</p>


Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEO

<p>DXN Holdings Bhd (KL:DXN) is exploring opportunities to source raw materials and expand its agribusiness operations in Venezuela through a collaboration with the country's La Guaira Special Economic Zone (SEZ).</p>

<p>The health and wellness products manufacturer and direct seller entered into a Memorandum of Understanding (MOU) with La Guaira SEZ to explore cooperation in sustainable agriculture, aquaculture, agro-processing and manufacturing, as well as halal ecosystem development in Venezuela, according to a bourse filing on Friday.</p>


DXN eyes raw material sourcing, halal opportunities in Venezuela to support Latin American operations

<p>Angkatan Muda Keadilan (AMK) said PAS president Tan Sri Abdul Hadi Awang's remark that "even the worst Muslim ruler is less oppressive than a non-Muslim ruler" was an insult to the country's non-Muslim community.</p>


PKR youth wing condemns Hadi Awang's remarks as insulting to non-Muslims in Malaysia

<p>Malaysian manufacturers should take the ongoing Microsoft services disruption as a reminder to strengthen their digital resilience, said the Federation of Malaysian Manufacturing (FMM).</p>


<p>The major US stock indices fell on Friday as fresh concerns about Nvidia reignited a selloff in technology shares, while softer October producer prices data offered little relief.</p>


<p>Asda avoided a quarterly drop in sales for the first time in more than two years — though just barely — as the struggling grocer drew more shoppers online with the help of its loyalty programme.</p>


<p>Malaysia, Indonesia, Thailand and the Philippines agreed on Friday to a central bank pact to promote the use of local currencies in cross-border trade and investment.</p>


Malaysia signs pact with three neighbours to boost local currency transactions

<p>Silver demand is expected to fall by 5% in 2026 due to weaker jewellery demand and lower consumption in solar cells, where high prices have accelerated substitution, research showed on Friday.</p>

<p>Research done by consultancy Metals Focus for the Silver Institute puts demand at 1.08 billion troy ounces this year.</p>


Silver demand seen down 5% this year due to weaker jewellery purchases

<p>Destini Bhd (KL:DESTINI) expects to book an additional RM4.14 million provision after an arbitral tribunal ruled against the company in an invoice dispute.</p>


Destini expects additional RM4.14m provision after unfavourable arbitration award

<p>Magma Group Bhd (KL:MAGMA) has scrapped its plan to acquire the LUMA Hotel in Kota Kinabalu for RM60.9 million in a cash-and-shares deal.</p>


Magma abandons planned RM61m acquisition of Sabah hotel

<p>Former prime minister Datuk Seri Najib Razak’s movement outside his residence for nearly eight hours on Friday was to attend to several matters, including a medical check-up, Friday prayers and rehabilitation programmes, according to the Malaysian Prisons Department.</p>


<p>A man was sentenced to 12 months in prison and fined RM250,000 by the Sessions Court here for desecrating the Quran and posting grossly offensive content on social media in February.</p>
