
MCBA urges calm for Malaysian businesses amid Cambodia-Thailand tensions
President Datuk Seri Ricky Yaw assured members that the association will provide timely updates and guidance to maintain business stability.
'The long-standing development of Malaysian businesses in Cambodia is built on mutual trust, stability, and regional cooperation. In light of the recent localised tensions near the border, we urge the business community to respond calmly, rationally and proactively, while strengthening information access and internal preparedness,' he said.
Yaw emphasised MCBA's role as a reliable support system for businesses in the region, highlighting the importance of continued dialogue and collaboration.
'We firmly believe that with ongoing communication and collaboration, the strong cooperation between Malaysia and Cambodia will continue to flourish, with many opportunities ahead,' he added.
MCBA has introduced measures to assist businesses, including promoting stability through dialogue, improving information-sharing mechanisms, and reinforcing confidence in Cambodia's investment potential.
'MCBA believes Cambodia's fundamentals as an emerging market remain sound and its development potential remains promising,' the statement said, while urging businesses to prioritise safety when assessing opportunities. - Bernama

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Borneo Post
6 minutes ago
- Borneo Post
Sabah, Sarawak tapped for large-scale pineapple production
Mohamad Sabu looking at the bird's nests after officiating the soft launch of the 4th World Irrigation Forum at the Sabah International Convention Centre.-Bernama photo KOTA KINABALU (Aug 2): Sabah and Sarawak have the potential to become major pineapple producers in the future, said Agriculture and Food Security (KPKM) Minister Datuk Seri Mohamad Sabu. He said efforts are underway to bring both states in line with Johor — currently the top pineapple-producing state in Peninsular Malaysia — through a large-scale commercial initiative. 'In Sabah, a pilot project with the Sabah Land Development Board (SLDB) will begin on a 300-hectare site in Sinua, Sook,' he said, adding that other potential areas include Kota Marudu, Beaufort and several locations along the main road alignment. 'This is just the beginning. There is huge potential to expand, and we've identified thousands of hectares that can be developed,' he said. The minister also highlighted that the initiative aims to tap not only the domestic market but also the export market, which would boost the added value of agricultural products from both Sabah and Sarawak. He was speaking to reporters after officiating the soft launch of the 4th World Irrigation Forum at the Sabah International Convention Centre here Saturday.


The Sun
36 minutes ago
- The Sun
Johor to study Singapore's hawker centre model
JOHOR BAHRU: The Johor government will study the management model of wet markets and hawker centres at Geylang Serai Market & Food Centre managed by Singapore's National Environment Agency (NEA) with a view to be adapted in the state. Johor Menteri Besar Datuk Onn Hafiz Ghazi said the delegation's visit to the centre provided Johor with an opportunity to closely examine the hawker centre management model that is organised, clean and inclusive. He said the two-storey complex, which houses 302 wet market lots and 63 halal food stalls, serves as an important community centre and a symbol of the cultural heritage of the Malay community in Singapore. 'Among the interesting aspects are controlled rental rates to ensure reasonable food prices to ensure affordable food prices for consumers. 'It is also equipped with a strict hygiene grading system, mandatory training for food operators, as well as enforcement through technology such as closed-circuit television (CCTV), an e-fine system and the use of smart sensors (IoT) for sanitation and crowd monitoring. 'In addition, NEA also manages this centre through a social enterprise model, which is a non-profit operator focused on empowering small traders and maintaining social balance,' he said in a post uploaded on his Facebook page. In this regard, Onn Hafiz said the approach by NEA is considered highly relevant to be studied and adapted in Johor, especially in efforts to transform the management of public markets and hawker centres to be more efficient, sustainable and supportive of the people's economy, especially micro-traders, B40 and small business owners. He stressed that the state government would continue to be committed to studying and translating such best practices into local policies. 'Our goal is to strengthen the community's economic sector through more organised, clean and user-friendly facilities for the well-being of the people and the inclusive development of the state,' he said. - Bernama


Malay Mail
36 minutes ago
- Malay Mail
13MP: RM2b flood mitigation works in Kuching to start early next year, says Fadillah
KUCHING, Aug 2 — A large-scale RM2 billion flood mitigation project in Kuching City is set to be tendered this year, with physical implementation expected to begin next year, said Deputy Prime Minister Datuk Seri Fadillah Yusof. He said the project comprises three main components — the construction of a canal, a bridge, and a new barrage at Sungai Salak — aimed at controlling water overflow and preventing saltwater intrusion from the sea during high tides. 'Two initial packages of the project have already been approved under the Fifth Rolling Plan of the 12th Malaysia Plan (12MP), although they do not include the construction of the barrage. 'For the full project, now under the 13th Malaysia Plan (13MP), it will involve all three packages including the barrage and is expected to be tendered this year. Physical implementation is anticipated to commence next year. 'This is the largest allocation under 13MP hoped for by Sarawak,' he said when speaking to reporters after officiating the opening of the HE Clinic Kuching branch here today. Fadillah explained that the barrage will be built at the end of Sungai Salak to prevent saltwater intrusion and to control high tides by closing the barrage gates when necessary. Commenting on the 13MP announcement by Prime Minister Datuk Seri Anwar Ibrahim last Thursday, he said this is among the projects to be implemented under the plan. He also noted that several other infrastructure projects will continue under 13MP, such as the extension of the Pan Borneo Highway in Sabah, the Trans Borneo project in Sarawak, and the Sabah-Sarawak Link Road. 'There are also other infrastructure projects that will proceed under 13MP, including the Pan Borneo Highway extension in Sabah, the Trans Borneo project in Sarawak, and the Sabah-Sarawak Link Road, all of which have already been allocated funding. 'In addition, development in border areas between Malaysia and Indonesia, and Malaysia and Brunei, will also be prioritised, including upgrading Customs, Immigration and Quarantine (CIQ) complexes, road networks, and other supporting facilities,' he added. Fadillah, who is also Petra Jaya MP, said several other mitigation projects, such as erosion control in Sibu, Miri, and several coastal areas, have been identified, with details to be announced once next year's budget estimates are finalised. Meanwhile, various infrastructure and public facility projects involving flood mitigation and improved road accessibility are among the people-centric initiatives under 13MP for the 2026–2030 period. During the tabling in the Dewan Rakyat on July 31, Anwar stated that RM20 billion has been allocated to implement 103 Flood Mitigation Plan (RTB) projects to reduce the risks and impacts of such disasters. Among the RTB projects to be implemented are those at Sungai Langat and Sungai Buloh in Selangor; Sungai Golok in Kelantan; Sungai Gemencheh in Negeri Sembilan; Sungai Baru in Melaka; the Johor and Muar River Basins in Johor; the Pahang River Basin; and Kuching City. — The Borneo Post