World News by Wild Rose

Malaysia is negotiating with Thailand, Laos, Vietnam and Cambodia to establish overland transit routes for fresh durian exports to China, according to Agriculture and Food Security Minister Mohamad Sabu. The minister said the move would reduce transport costs and improve access to the lucrative Chinese market. “Durian is a favourite among Chinese consumers, but they sometimes find it difficult to get the fruit at a more affordable price,” he said during parliament’s question and answer time on...

Palm oil production in Malaysia may hit a monthly record in October, putting full-year output on track for the most ever, ahead of an expected slowdown next year, according to the nation’s top growers’ group.

In hindsight, it was only a matter of time before Esha Yusof joined the growing ranks of Malaysian shoppers being drawn to Chinese e-commerce giant Pinduoduo. Esha is a relative newcomer. She signed up in July, more than half a year after the platform launched in Malaysia – and has been smitten with it ever since. Rock-bottom prices, a vast range of products and seamless payments through a popular local e-wallet make it easy for the 32-year-old to spend an average of 500 ringgit (US$122) a month...

Malaysia’s central bank governor Abdul Rasheed Ghaffour told Blomoberg's Avril Hong that the central bank has greater room to adjust interest rates after changing its policy guidance last month and stands ready to act if inflation pressures intensify as the Middle East conflict keeps energy prices elevated. Speaking at the sidelines of the International Monetary Fund and World Bank meetings in Bangkok, the governor said policy decisions will remain data-dependent, with the monetary policy committee assessing the latest information at each meeting. (Source: Bloomberg)

More than a dozen US companies are exploring opportunities in Malaysia’s rare earths industry, as Washington seeks to diversify supplies of critical minerals and reduce its reliance on China.

Consumer stocks are among the biggest beneficiaries of Malaysia’s spending plan for 2027, boosted by higher allocations to improve households’ purchasing power, according to analysts.

Malaysia plans to spend 460 billion ringgit (US$112.6 billion) under its 2027 budget, expanding welfare assistance and tax relief while retaining fuel subsidies as households contend with higher living costs. Prime Minister Anwar Ibrahim, who is also finance minister, presented the spending plan in parliament on Friday as his government faces pressure for an early election following a series of state poll defeats. Anwar said the budget should be judged on “whether more people can live with...

Palm oil inventories in Malaysia likely swelled to a record last month, buffering supplies of the world’s most-used vegetable oil as an intensifying El Niño threatens to disrupt production in the coming year.

Philippine senators have urged the Department of Tourism to stick with a single marketing campaign to build long-term international recognition, pointing to long-running successes such as Malaysia’s “Truly Asia” tagline. Newly appointed Tourism Secretary Dita Angara-Mathay was asked about her plans for the current slogan, “Love the Philippines”, during a departmental budget hearing on Monday, the Philippine Star reported. Senate finance subcommittee chairman Erwin Tulfo suggested keeping the...

Malaysia is pushing to take durian, whose powerful smell delights its lovers and repels its haters, beyond its roadside stalls and family orchards to convince fans of the spiky fruit that its varieties are worth seeking out. Devotees savour durians like wine. For Malaysian ones, the taste of their rich and creamy flesh varies widely across types. Some are prized for their sweet custard and fruity notes, others for a hint of bitterness, an alcohol tinge, or even a peanut butter...

This year’s haze crisis has added to the heat woes squeezing livestock farmers in Malaysia and Indonesia, as they struggle to keep their animals cool, fed and productive. While it is difficult to separately assess the effects of haze-related smoke from heat, water shortages, feed and disease, farmers and industry groups say the cumulative strain is severely affecting animal health, productivity and their finances. In Selama, Perak, poultry keeper Zaiful Zakaria, 42, had begun installing...