logo
Daikin Badminton Championship: 1,470 Matches, 10 Countries

Daikin Badminton Championship: 1,470 Matches, 10 Countries

The Sun3 days ago

THE Daikin International Badminton Championship 2025 concluded yesterday after four days of exciting competition that featured over 1,470 matches and showcased emerging badminton talent from across the region.
Youth and Sports Minister Hannah Yeoh officially closed the tournament, praising the significant scale of participation that brought young athletes from 10 countries to compete in Malaysia's premier youth badminton event.
'It is inspiring to see private sector players like Daikin stepping up to provide young talents with the platform and resources they need to grow,' Yeoh said during her closing address. 'This is the kind of partnership we need to shape the future of Malaysian sports.'
Seventh year milestone for regional tournament
The championship, now in its seventh consecutive year, has established itself as a major event in the regional youth badminton calendar. Beyond competitive play, organisers emphasised the tournament's role in fostering sportsmanship, resilience, and international friendship among young athletes.
This year's edition introduced the new Daikin Cooling Zone, a dedicated rest area designed to help players recharge between matches - a feature reflecting the company's focus on athlete comfort and performance.
Corporate commitment to youth development
Lawrence Song, Managing Director of Daikin Malaysia Sales & Service Sdn Bhd, highlighted the company's broader vision extending beyond its core business operations.
'At Daikin, we are committed to more than just delivering world-class air solutions. We're here to build a better tomorrow through sports, community, and youth empowerment,' Song explained. 'This tournament reflects our belief in nurturing young talent and providing them with a platform to shine.'
Strong community support
The tournament received enthusiastic support from the badminton community, with parents, coaches, and sports enthusiasts praising both the event's organisation and positive atmosphere. Behind-the-scenes efforts by volunteers and match officials ensured smooth operations throughout the four-day competition period.
The significant participation numbers - with over 1,470 matches across multiple age categories and disciplines - demonstrate the tournament's growing reputation as a premier platform for youth badminton development in Southeast Asia.
Continuing legacy
Daikin expressed gratitude to all participants, supporters, and partners, particularly acknowledging Yeoh's attendance and encouragement. The company reaffirmed its ongoing commitment to promoting youth development, sustainability, and healthy living as core corporate values.
The tournament's success reinforces the important role private sector partnerships play in Malaysian sports development, providing young athletes with high-quality competitive opportunities that can help advance their sporting careers.
As the badminton community looks ahead, the Daikin International Badminton Championship continues to serve as a vital stepping stone for the next generation of regional badminton stars.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ringgit set to extend gains as US fundamentals weaken
Ringgit set to extend gains as US fundamentals weaken

New Straits Times

time28 minutes ago

  • New Straits Times

Ringgit set to extend gains as US fundamentals weaken

KUALA LUMPUR: The ringgit is poised to extend its gains against the US dollar next week, buoyed by weakening US fundamentals, easing trade tensions, and stronger domestic economic resilience. The local currency has already strengthened against major and Asean currencies, and Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the trend is likely to persist as economic momentum in the US continues to lose steam. "We expect this trend to hold in the near term, driven by signs of a slowing US economy as business and consumer sentiment continue to weaken," he told Business Times. Afzanizam added that heightened uncertainty over US trade policies is further dampening confidence among businesses, prompting a reassessment of the greenback's global standing. "In some ways, the US dollar's dominance in the global economy is being revisited. This shift could favour emerging market currencies, including the ringgit, in the short to medium term," he said. Echoing this view, SPI Asset Management managing partner Stephen Innes said that foreign appetite for Malaysian assets remains strong, further supporting the local currency. "The ringgit is finally catching a break. With the US dollar on the back foot, tariffs de-escalating, and capital inflows into bonds and FX deposits rising, there is a tangible floor forming under ringgit," he said. Innes pointed to growing foreign appetite for Malaysian debt, highlighting the 3.3 times bid-to-cover ratio in May's 20-year government investment issue (GII) auction as a signal of revived confidence. He noted that foreign holdings of local government bonds have risen to 21.5 per cent, reversing a dip recorded in February. Adding to the ringgit's resilience, foreign currency deposits in local banks have climbed to a record 11.6 per cent of total deposits, offering a buffer against external shocks. Innes said that while Malaysia is not immune to global economic fragility, it is also not a sitting duck, with the domestic investment cycle now taking the lead. "If the trade war cools and global risk sentiment remains stable, Malaysia may continue to navigate the delicate balance between global volatility and domestic resilience. The ringgit, for once, has a shot at playing offence," he added. The ringgit opened higher this morning, extending its gains against the US dollar. At 8am, it stood at 4.2140/4.2335 compared with Thursday's close of 4.2245/4.2295. The local currency also traded mostly higher against major currencies, gaining ground against the Japanese yen and British pound, though it slipped slightly against the euro. Among regional peers, the ringgit appreciated across most Asean currencies, including the Singapore dollar, Thai baht, Indonesian rupiah and Philippine peso. It ended Friday's session at 4.2275 against the greenback.

Local Yields May Trade Lower On US Optimism
Local Yields May Trade Lower On US Optimism

BusinessToday

timean hour ago

  • BusinessToday

Local Yields May Trade Lower On US Optimism

Yields on Malaysian government bonds closed mixed this week, with cautious optimism around global trade and soft US economic data helping to anchor the local fixed-income market. According to Kenanga Research, yields on Malaysian Government Securities (MGS) and Government Investment Issues (GII) moved within a narrow range of -4.2 to +0.9 basis points (bps) across the curve. The benchmark 10-year MGS yield eased 1.6 bps to 3.518% The 10-year GII dipped 0.2 bps to 3.532% Global and Domestic Drivers The slight decline in long-term yields closely followed movements in US Treasuries, which reacted to positive signals in US-China trade negotiations. The improved trade outlook, combined with softer US economic data, has reinforced expectations of an earlier rate cut by the US Federal Reserve. On the domestic front, a modest improvement in Malaysia's Purchasing Managers' Index (PMI) and continued export growth to African markets have supported confidence in local bonds, contributing to the relatively stable yield environment. Outlook: Stable Yields with Eyes on US Inflation Kenanga expects local bond yields to remain stable in the near term, with upcoming economic data — including industrial production, retail sales, and labour market statistics — likely to guide investor sentiment. However, the research house cautioned that any upside surprise in US inflation data could prompt global bond yields to rise, potentially spilling over into the Malaysian market. Additionally, renewed uncertainty in US tariff policy could reintroduce volatility. 'Investors should stay alert to both domestic data and global developments, especially updates on tariff talks,' Kenanga stated. Related

MMEA: 203 people rescued in 108 search operations up to May
MMEA: 203 people rescued in 108 search operations up to May

The Star

timean hour ago

  • The Star

MMEA: 203 people rescued in 108 search operations up to May

PUTRAJAYA: The Malaysian Maritime Enforcement Agency (MMEA) has conducted 108 search-and-rescue operations up to May this year, saving 203 out of 251 victims. MMEA director-general Admiral Maritime Datuk Mohd Rosli Abdullah said that during the same period, 36 victims lost their lives, while 12 remain missing. Sharing the 2024 statistics, he said MMEA recorded 226 cases through search and rescue operations involving 1,348 victims. 'Of the total, MMEA saved 1,259 lives, while 64 died and 25 are still missing at sea,' he said in a statement issued yesterday in conjunction with Maritime Safety Awareness Day, which has been celebrated since 2021. To enhance operational efficiency, Mohd Rosli said MMEA has developed its own standard operating procedures to ensure the effectiveness, speed and safety of every rescue operation, Bernama reported. He said the agency's responsibility to lead search-and-rescue operations in Malaysian waters, including the open sea, is stipulated under Sections 6(a) and 6(b) of the MMEA Act 2004 (Act 633), which clearly grants MMEA the mandate to lead such rescue efforts. This mandate, he added, is reinforced by National Disaster Management Agency (Nadma) directive No. 1, which designates MMEA as the primary agency for maritime disasters. This authority is based on the National SAR Manual as the main reference. Mohd Rosli stressed that there is no such thing as a 'day off' for MMEA, as emergencies require immediate action regardless of time or weather. 'Assets such as patrol boats and helicopters are always on standby around the clock for deployment,' he said. Mohd Rosli said MMEA also regularly conducts search-and-rescue prevention programmes across all states and maritime zones to raise awareness of maritime safety. 'Community briefings, talks, exhibitions, brochure distribution and joint dialogues with fishermen are all part of our approach to stay connected with the maritime community,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store