SHARES of InNature Bhd — operator of The Body Shop stores in Malaysia, Vietnam and Cambodia — recently sank to their lowest levels in almost three years, weighed down by concerns that sales would be affected by the current subdued consumer sentiment.

Amid the more challenging outlook fo...

InNature to keep investing in The Body Shop while waiting for the tide to turn

MALAYSIA’s multi-level marketing (MLM) industry performed well during the recent pandemic, particularly those dealing with health and wellness products, as consumers turned to health supplements and wellness-related foodstuff in their effort to stay healthy.

One example is Amway (M) Hol...

MLM industry feeling the pinch as consumer sentiment softens

Low-income countries are in the throes of a liquidity crunch that is not only undermining their economic development but also deepening the global climate crisis. In 2020 and 2021, net financial transfers to Africa were close to zero — their lowest level in a decade — despite record transfers from multilateral development banks (MDBs). That drop-off was due to a reduction in loans from the private sector and China, and now the situation has deteriorated further, with all low- and lower-middle-income countries (LMICs) having lost access to the bond market. Meanwhile, higher food and fuel bills, and falling export receipts, have made matters even worse.

Roads to Prosperity: Bridging the climate-development gap

AIMING to be a big fish in a bigger pond, Lim Seong Hai Capital Bhd (LSH Capital) — the largest LEAP Market-listed company on Bursa Malaysia — is poised to migrate to the ACE Market.

When LSH Capital floated its shares in July 2021, it was valued at merely RM46.16 million. Back then, th...

LSH Capital to enter next phase of growth

Notable filings

For the week of Sept 11 to 15, notable shareholding changes at Bursa Malaysia-listed companies included those at Impiana Hotels Bhd, which saw Advance Opportunities Fund of the Cayman Islands dispose of 21.25 million shares in the company via direct bu...

Insider Moves: Impiana Hotels Bhd, Infoline Tec Group Bhd, Mikro MSC Bhd, Cypark Resources Bhd, Seacera Group Bhd

SINCE its decision to sever ties with long-time in-flight catering provider Brahim’s Food Services Sdn Bhd (BFS), numerous reports of Malaysia Airlines Bhd (MAB) serving substandard in-flight meals, especially on flights that come with costly tickets, have surfaced.

Critics have also sl...

Industry players tell MAG’s board not to bow to pressure and to support management

MINISTER of Economy Rafizi Ramli is a busy man, tasked with achieving the many plans and aspirations of the government, many of which are embedded in the 12th Malaysia Plan (12MP). How will the government — which needs to increase revenue and reduce expenditure — balance things without jeopardisi...

The State of the Nation: Instilling fiscal discipline and raising household income before new taxes

The “middle-income trap” started as a World Bank fable for Latin America to explain why most upper middle-income countries (MICs) have failed to become high-income economies. Recent decades have seen policy circles blame stalled economic progress on a supposed “MIC trap”. By suggesting failure to progress is due to entrapment, it obscures as much as it pretends to explain.

MySay: Malaysia’s middle-income mind trap

The end of the Covid-19 pandemic, at least as a public health emergency, has apparently not been helpful to people. Such is the finding of a study conducted in 14 countries, including Australia, Canada, China, Japan, New Zealand, Singapore, the UK and the US.

Coffee Break: Is the world a happier place with the end of the pandemic?

THE share price of MyEG Services Bhd has held steady, notwithstanding the recent brouhaha over the renewal of foreign workers’ permits by the company.

Is this a reflection of the confidence that investors and analysts have in the e-government services provider?

Analysts tell T...

MyEG’s share price steady despite concession concerns

There may be further indications of whether the global economy is recovering this week when China reports its manufacturing and non-manufacturing Purchasing Managers’ Index (PMI) for September on Sept 30 and South Korea releases its September trade data on Oct 1.

The Week Ahead: Focus on slew of manufacturing data releases

EXPECTATIONS that Affin Bank Bhd is likely to benefit from playing a bigger role in Sarawak’s economic development have driven up the banking group’s share price this month.

The stock surged 9.9% or 19 sen over two trading days to close at RM2.11 on Sept 5 on unusually strong trading vo...

Renewed interest in Affin Bank shares said to be driven by Sarawak factor

Ho Hup Construction Co Bhd intends to undertake a private placement exercise involving one-tenth of its share base, at a 10% discount to raise RM12.4 million, most of which will be used to pay its subcontractors.

Frankly Speaking: Private placement at a discount unfair to minorities

CITI Malaysia, the local arm of US lender Citigroup, is seeking a buyer for its stake in Menara Citibank in Jalan Ampang, Kuala Lumpur, as part of its global real estate portfolio review. The 28-year-old office building, which Citi Malaysia co-owns with diversified group Hap Seng Consolidated Bhd...

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