<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 26): Nestlé (Malaysia) Bhd (KL:<a href="/askedge/klse/4707" class="ce-stock" target="_blank">NESTLE</a>) has started making NESCAFÉ Espresso Concentrate at its Sri Muda factory in Shah Alam to meet growing demand for cold coffee in Asia and other regions.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The product will be sold locally and exported to places like Singapore, Oceania, the Middle East, and North Africa, with plans to expand to Asean and Europe.</p></div>

<div class=newsTextDataWrapInner><p>The coffee comes in bottles made from 100% recycled plastic with eco-friendly caps.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Nestlé Malaysia chief executive officer Juan Aranols said in a statement the new product targets young coffee drinkers and will create more jobs.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The Sri Muda factory, which serves as Nestlé’s regional hub for Ready-to-Drink UHT and rPET products, has received over half a billion ringgit in investments over the past decade. It currently manufactures beverages under the MILO, NESCAFÉ and NESTLÉ OMEGA PLUS brands.</p></div>

<div class=newsTextDataWrapInner><p>Nestlé Malaysia has spent nearly RM1.5 billion in the last five years to grow its business, including building a new logistics hub in Port Klang (opening in 2026) and upgrading its MILO plant in Chembong and its Batu Tiga facilities.</p></div>


Nestlé (Malaysia) Bhd (KL:NESTLE) has started making NESCAFÉ Espresso Concentrate at its Sri Muda factory in Shah Alam to meet growing demand for cold coffee in Asia and other regions.

Nestlé Malaysia starts new coffee line at Sri Muda factory to meet growing cold coffee demand

(Oct 21): Netflix's cut to ​its advertising sales forecast is fuelling concerns that its growth engine is losing steam, threatening the ‌edge that made it a model for the media industry.

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Netflix's ad stumble deepens fears its growth is hitting a wall

NEW YORK (Oct 21): Federal Reserve Chair Kevin Warsh wasn't nominated to raise rates, but he did so anyway. Now, cash investors are asking why money market fund yields have lagged. The answer is mechanics, not malfunction.

Warsh and his colleagues on the ​Federal Open Market Commit...

Opinion: Why is capital leaving money market funds as rates rise?

President Vladimir Putin said Russia’s ready to resume trilateral negotiations with the US and Ukraine on a potential peace deal, according to the Kremlin.

Putin says Russia ready for new peace talks with US, Ukraine

The Trump administration is offering to loan up to nearly a third of the one-million-barrel US emergency heating oil reserve, the Department of Energy said on Wednesday, in a bid to tame surging prices.

US aims to loan about a third of heating oil reserve in bid to tame prices

The Malaysian Employers Federation (MEF) has urged the government to tighten enforcement against the misuse of foreign worker recruitment approvals to ensure foreign workers are employed only in approved sectors and occupations facing genuine labour shortages.

MEF urges stricter enforcement, priority for local workers

The next five years will serve as a crucial transition period for Sarawak in its efforts to develop a high-value economy based on technology creation, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Next five years crucial transition period for Sarawak’s economy

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday

Sunway Healthcare, Sunway REIT, Zetrix AI,Malakoff,  Capitaland Malaysia,Westports, AME REIT, Pantech Global, MHB, ES Sunlogy, Kerjaya Prospek & Mudajaya

Singapore's Accounting and Corporate Regulatory Authority (ACRA) has rejected HB Global Ltd’s (KL:HBGLOB) application to change its financial year-end from June 30, 2026 to Nov 30, 2026, following the withdrawal of its auditor’s consent to act.

Singapore's regulatory authority rejects HB Global’s second year-end change this year after auditor’s withdrawal

Barisan Nasional (BN) will contest 21 seats while PAS and its allies will contest seven in next month’s Melaka state election, following the finalisation of negotiations between the parties.

Barisan finalises talks with PAS, to contest 21 seats in Melaka polls — Zahid

Berkshire Hathaway Inc investors are moving on after the departure of the firm’s legendary leader Warren Buffett, as shares hit a new high on Wednesday.

Berkshire stock hits new high, moving on from Buffett’s exit

<p>One of the strongest storms of the current season is set to bring heavy rain and roaring winds to parts of East Asia in the next week, with major cities in Taiwan and China bracing for impact within days.</p>


Super Typhoon Champi poised to hit China, Taiwan within days

<p>Malaysia’s retail prices for unsubsidised RON95 and RON97 petrol will fall by 30 sen per litre, while unsubsidised diesel prices will decline by 10 sen, from Thursday (Oct 22) to Oct 28.</p>


Unsubsidised petrol prices fall 30 sen, diesel down 10 sen for coming week — MOF

<p>Police are awaiting further instructions from the Attorney General’s Chambers (AGC) on a probe into Negeri Sembilan Menteri Besar Datuk Ismail Lasim’s claim that he was forced to sign a proclamation seeking to remove Tuanku Muhriz Tuanku Munawir as the state’s ruler.</p>


Police await AGC instructions on probe into Negeri Sembilan MB’s ‘duress’ claim

<p>Zetrix AI Bhd (KL) managing director Wong Thean Soon's stake in the digital services firm has shrunk further, diminishing the prospect&nbsp;of fixing a breached sukuk condition that he remains the company's largest shareholder.</p>


TS Wong's Zetrix AI stake down to 1.841% ahead of Oct 22 deadline to fix sukuk covenant  

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday</p>


<p>Sunway Healthcare Holdings Bhd (KL:SUNMED) and &nbsp;Putrajaya Holdings Sdn Bhd have formalised a joint venture to develop a 325-bed private hospital in Putrajaya, with construction slated to begin in the fourth quarter of 2027.</p>


Sunway Healthcare, Putrajaya Holdings ink JV to build private hospital in Putrajaya

<p>Malakoff Corp Bhd (KL:MALAKOF) announced the resignation of its chief financial officer (CFO) Mohd Nazersham Mansor, after nine years in the role.</p>


Malakoff CFO Mohd Nazersham to step down on Nov 30, deputy to take over  

<p>Malaysia has banned the use of the navigation app Waze among civil servants, citing concerns over the potential misuse of government information and users’ personal data by the Israeli regime.</p>


Govt bans Waze use among all civil servants over fears of data misuse by Israeli regime — PM

<p>Lawmakers have called on the government to clarify its decision to ban civil servants from using navigation app Waze over its alleged links to Israel, questioning the rationale for the restriction and whether other applications pose similar data security risks.</p>


Lawmakers seek clarity on Waze ban for civil servants over alleged Israel links

<p>We, the members of G25, are deeply concerned with the Ministry of Home Affairs for the apparent disregard for established requirements and the double standards in the administration of Malaysian citizenship exposed by the controversy involving the Football Association of Malaysia (FAM) and the seven foreign footballers.&nbsp;</p>


Opinion: G25 statement on FAM, citizenship and equal treatment under the law

<p>The Malaysian Anti-Corruption Commission (MACC) has arrested a civil servant on suspicion of soliciting and accepting bribes amounting to approximately RM30 million in connection with assessment taxes.</p>


MACC nabs civil servant over RM30m bribes in assessment tax probe  

<p>Sunway Real Estate Investment Trust (KL:SUNREIT) and Sunway Healthcare Holdings Bhd (KL:SUNMED) have agreed to extend the deadline for fulfilling conditions tied to the RM60 million acquisition of Sunway Hotel Seberang Jaya in Penang.</p>


Sunway Healthcare, Sunway REIT extend deadline for acquisition of Sunway Hotel Seberang Jaya

<p>Bursa Malaysia's telecommunications and media stocks extended their decline on Wednesday, bringing the sector's losses to nearly 20% so far this year amid&nbsp;steep falls in Axiata Group Bhd (KL:AXIATA), CelcomDigi Bhd (KL:CDB) and Reach Ten Holdings Bhd (KL:REACHTEN).</p>


Telco and media stocks extend losses as sector index down nearly 20% this year

<p>Global index provider MSCI was trying to "intimidate" Indonesia but the country would not be afraid, President Prabowo Subianto told his cabinet on Wednesday, striking a combative tone in his first public reaction to last week's downgrade warning.</p>


Prabowo accuses MSCI of trying to intimidate Indonesia after market rout

<p>Gentari Sdn Bhd, the clean energy arm of PETRONAS, is partnering Chinese electric vehicle maker BYD for the deployment of fast charging in Malaysia.</p>


Gentari partners BYD to deploy ultra-fast EV chargers in Malaysia

<p>CapitaLand Malaysia Trust (KL:CLMT) reported a 14.9% increase in third-quarter net property income (NPI), driven by higher rental income amid better contribution from most of its properties.</p>


CapitaLand Malaysia Trust’s 3Q net property income rises 15%, declares 1.35 sen distribution per unit

<p>Pantech Global Bhd’s (KL:PGLOBAL) reported a 89.5% jump in second-quarter net profit &nbsp;on the back of higher sales volume and improved average selling prices.</p>


Higher sales, selling prices lift Pantech Global 2Q net profit 90%  

<p>Shareholders of Mudajaya Group Bhd (KL:MUDAJYA) have been advised to vote in favour of the proposed disposal of a 45% stake in Real Jade Ltd to major shareholder Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million), to settle debts owned to MHL.</p>


Mudajaya shareholders advised to back RM118 mil Real Jade stake disposal to major shareholder

<p>Malaysia Airports Holdings Bhd (MAHB) will deploy K9 patrol units inside the Kuala Lumpur International Airport (KLIA) terminals starting next Monday,&nbsp;Oct 26, amid heightened scrutiny over recent transnational drug smuggling cases originating from the airport.</p>


MAHB: K9 units to patrol KLIA starting Oct 26 to boost airport security

<p>The tech-heavy Nasdaq gained on Wednesday after quarterly results from SpaceX and Super Micro Computer improved appetite for AI-linked stocks, while Netflix slipped as its forecast failed to impress investors.</p>
