<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 30): Jaya Grocer has launched its largest store at Eco Galleria in Taman&nbsp;Eko Botani, Iskandar Puteri, Johor, in&nbsp;celebration of Merdeka Day.&nbsp;According to a press release issued on Wednesday, the supermarket covers an area of 35,000 sq ft.</p></div>

<div class=newsTextDataWrapInner><p>“We’re thankful for the tremendous support by our customers at our Johor stores in Austin Heights, Sunway Citrine and R&amp;F Mall, so we’re happy to invest further into expanding our network in the state,” said Jaya Grocer chief executive officer Adelene Foo.</p></div>

<div class=newsTextDataWrapInner><p>The launch is accompanied by a promotional campaign titled “Discovery Journey”, where customers can participate in games to win prizes, be offered samples of different products such as Grab Signature Brand sambal and quality imported Australian products under a collaboration with Coles of Australia. The promotion is until Sept 3.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Similar to Jaya Grocer’s other stores, the Eco Galleria outlet also offers online shopping via GrabMart.</p></div>


Jaya Grocer has launched its largest store at Eco Galleria in Taman Eko Botani, Iskandar Puteri, Johor, in celebration of Merdeka Day. According to a press release issued on Wednesday, the supermarket covers an area of 35,000 sq ft.

Jaya Grocer launches largest outlet in Johor

France’s new premier Francois Bayrou vowed to sharply narrow the nation’s deficit to close to 5% of GDP, a plan that threatens a repeat of the stand-off which toppled the last government.

French premier seeking budget cuts that toppled the previous cabinet

Salesforce Inc says it’s taking multiple large customers from former partner Veeva Systems Inc in a mounting rivalry to sell software to the pharmaceutical industry.

Salesforce fights with Veeva by snagging drug customers

Iranian authorities have lifted a ban on Meta's instant messaging platform WhatsApp and Google Play as a first step to scale back internet restrictions, Iranian state media reported on Tuesday.

Iran lifts ban on WhatsApp and Google Play, state media says

Social media platform TikTok recorded 2,606 requests from the Malaysian government to remove or restrict content on its platform in 1H2024, the highest among all governments in the period, according to its latest report on government removal requests.

Malaysia tops TikTok content, account removal requests in 1H2024 among govts

Wall Street's main indexes rose on Tuesday in a truncated trading session before Christmas, with the S&P 500 and the Nasdaq up for the third consecutive day, helped by gains in a handful of megacap and growth stocks.

Wall Street rises in quiet Christmas Eve trading session

American Airlines Group Inc said a technical vendor glitch was the cause of a brief groundstop on all US flights on Christmas Eve, one of the busiest days of the holiday travel season.

American Air says Christmas Eve delays caused by tech glitch

KUALA LUMPUR (Dec 24): Here is a brief recap of the business news and corporate announcements that made the headlines on Tuesday:

Boustead Heavy Industries Corp Bhd's (KL:BHIC) shareholders have approved the disposal of the fabrication and engineering company’s 51% equity stake i...

BHIC, Pharmaniaga, MMAG, Prolintas, Nestcon, Datasonic, PUC, KKB Engineering, Parlo 

Malaysian Rating Corporation Bhd (MARC) on Tuesday affirmed Malaysia's public information sovereign rating at AAA with a "stable" outlook.

However, MARC flagged challenges from a high fiscal deficit and debt levels, as well as the tax revenue-to-gross domestic product (GDP) ratio of 12.6% in 2023, which remains below the peer average despite recovering to pre-pandemic levels.

MARC flags Malaysia's debt position as it keeps AAA, stable rating

OCBC Bank (Malaysia) Bhd (OCBC Bank) has been named Malaysia’s “Bank of the Year” by London-based publication The Banker for the second consecutive year.

OCBC Bank named top Malaysian bank for second year running

European natural gas prices fluctuated above €45 (RM210.32) a megawatt-hour amid persistent supply concerns, with just a week left until a key transit deal between Russia and Ukraine expires.

European gas swings with one week left before key transit deal expires

<p>FBM KLCI’s upside in 2025 could be limited by a slowdown in foreign inflow and the strengthening US dollar, Phillip Capital warned and recommended that investors look at small- to mid-cap stocks.</p>


Phillip Capital says KLCI has limited upside in 2025, recommends small-mid cap stocks

<p>KKB Engineering Bhd (KL:KKB) has initiated adjudication proceedings under the Construction Industry Payment and Adjudication Act against a contractor over outstanding claims amounting to RM10.1 million.</p>


KKB Engineering sues glove factory project contractor over unpaid claims

<p>Prolintas Infra Business Trust (KL:PLINTAS) said it has settled its dispute with KL-Kuala Selangor Expressway Bhd (Latar) over a cost-sharing agreement, for an undisclosed amount.</p>


Prolintas settles cost-sharing agreement dispute with Latar for undisclosed sum

<p>Boustead Heavy Industries Corp Bhd (KL:BHIC) shareholders have given the nod for the fabrication and engineering company to dispose of its 51% equity stake in Contraves Advanced Devices Sdn Bhd (CAD) to German defence firm Rheinmetall AG for RM54 million.</p>


BHIC shareholders approve RM54m sale of 51% stake in LCS subcontractor

<p>KUALA LUMPUR (Dec 24): Here is a brief recap of the business news and corporate announcements that made the headlines on Tuesday:</p>

<p><b>Boustead Heavy Industries Corp Bhd</b>'s (KL:BHIC) shareholders have approved the disposal of the fabrication and engineering company’s 51% equity stake i...

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EVENING 5: Five things you need to know today

<p>OCBC Bank (Malaysia) Bhd (OCBC Bank) has been named Malaysia’s “Bank of the Year” by London-based publication <i>The Banker</i> for the second consecutive year.</p>


<p>Datasonic Group Bhd (KL:DSONIC) said Azlan Abdul Kadir’s status as a substantial shareholder of the company has ceased following a 20 million share disposal.</p>


Azlan Abdul Kadir ceases to be Datasonic's substantial shareholder

<p>The proposed new international airport in Kuching is set to enhance Sarawak’s appeal, providing a crucial X factor to attract businesses, investors and visitors.</p>


Abang Johari sees new Sarawak airport driving state’s economic growth

<p>East Navigators Capital Ltd is no longer a substantial shareholder in Pharmaniaga Bhd (KL:PHARMA) after disposing of a 1.76% stake in the PN17-status pharmaceutical firm for RM5.32 million.</p>


East Navigators' direct stake in Pharmaniaga falls below 5% after selling shares at discount

<p>JAPANESE financial group Nomura, which recently commemorated its 50th year of operations in Malaysia, sees strong opportunities to expand its business here amid a positive outlook on the country.</p>

<p>The group has three operating entities in Malaysia, namely Nomura Asset Management Malaysia...

Nomura sees more opportunities in Malaysia amid positive outlook  

<p>Nestcon Bhd’s (KL:NESTCON) wholly owned subsidiary&nbsp;Nestcon Infra Sdn&nbsp;Bhd is set&nbsp;to develop a large-scale solar photovoltaic plant (LSSPV) with 14.99 megawatts of alternating current (MWac) in&nbsp;Bongawan, Kimanis, Sabah.</p>


Nestcon wins bids to develop 18.99 MWac LSS power plant projects in Sabah

<p>Major banks and business groups sued the Federal Reserve on Tuesday, alleging the US central bank's annual "stress tests" of Wall Street firms violate the law.</p>


Big banks, business groups sue US Fed over annual stress tests 

<p>Social media platform TikTok recorded 2,606 requests from the Malaysian government to remove or restrict content on its platform in 1H2024, the highest among all governments in the period, according to its latest report on government removal requests.</p>


<p>A summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.</p>


FBM KLCI rises 0.43% to 1,602.99 on Dec 24, 2024

<p>GDS Holdings Ltd&nbsp;is considering an initial public offering (IPO)&nbsp;for a real estate investment trust (REIT) of its data centre assets in China, according to people familiar with the matter.</p>


Data centre operator GDS considering IPO of Chinese REIT — Bloomberg

<p>Prime Minister Datuk Seri Anwar Ibrahim has extended his condolences to the families of the victims of a five-vehicle crash at KM204 of the North-South Expressway (PLUS) in Melaka on Monday night.</p>


Anwar extends condolences to families of KM204 crash victims

<p>Malaysian Rating Corporation Bhd (MARC) on Tuesday affirmed Malaysia's public information sovereign rating at AAA with a "stable" outlook.</p>

<p>However, MARC flagged challenges from a high fiscal deficit and debt levels, as well as the tax revenue-to-gross domestic product (GDP) ratio of 12.6% in 2023, which remains below the peer average despite recovering to pre-pandemic levels.</p>


<p>PUC Bhd (KL:PUC) group managing director Cheong Chia Chou has pared his stake in the loss-making digital payment solutions provider to 6.58%.</p>


PUC MD Cheong Chia Chou pares stake to 6.58%

<p>Despite the popularity of online shopping platforms, malls were nevertheless crowded with locals and foreigners alike making last-minute preparations for Christmas on Wednesday.</p>
