Latest news with #453
Focus Malaysia
22-07-2025
- Business
- Focus Malaysia
DagangHalal accelerates global expansion, forging key trade links from ASEAN to Central Asia
HOME-GROWN the world's largest halal-verified B2B (business-to-business) e-marketplace, is executing a dynamic global expansion strategy by reinforcing its presence in core ASEAN markets while simultaneously pioneering trade routes into high-potential frontier economies. The company's successful participation at THAIFEX -ANUGA ASIA 2025 in Bangkok from May 27-31 has served as a powerful platform to strengthen regional trade networks. Building on this momentum, DagangHalal is also advancing its strategic initiative into Central Asia. This expansion targets the region's burgeoning halal market which is valued at over US$453 bil (RM1.96 tril) across Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. (Source: Daryo) These efforts have been substantially facilitated by the Malaysian Consortium of Mid-Tier Companies (MCMTC) president Martin Ang who has championed initiatives to explore and unlock opportunities within this significant and underserved market. In a statement, DagangHalal described its recent productive engagements with Central Asian leadership as 'the first step in unlocking a vast, underserved market'. This two-pronged approach – deepening its roots in ASEAN while seeding growth in new frontiers – has ensured that the B2B halal e-marketplace is able to provide the most comprehensive market access for its partners. 'Our success at THAIFEX-ANUGA ASIA, Asia's premier F&B (food & beverage) event, was exceptional,' commented DagangHalal in a statement. 'It re-affirmed our strong position within the thriving ASEAN hub while allowing us to connect Malaysian MSMEs (micro, small, medium enterprises) with thousands of global buyers. 'However, our vision extends beyond established territories. This is why we are simultaneously laying the groundwork in untapped regions like Central Asia.' To further support Malaysian businesses in these new markets, DagangHalal highlighted its advanced digital compliance software – the Halal Internal Assurance System (HIAS). HIAS leverages cutting-edge technology to simplify compliance processes, improve traceability and enhance operational efficiencies, thus reducing barriers and facilitating smoother entry into international markets, including Central Asia. Interactions at THAIFEX which attracted over 88,000 visitors from 143 countries has provided DagangHalal with invaluable opportunities to form new strategic partnerships with industry leaders from ASEAN, East Asia, Europe and the Middle East. These connections, combined with the new inroads into Central Asia has created a powerful, interconnected network for halal trade. Aligned with Malaysia's vision to be the undisputed global halal leader, DagangHalal's strategy of concurrent market penetration and technological innovation marks a significant milestone in its mission to empower businesses and build a truly global halal ecosystem. – July 22, 2025
Time of India
28-06-2025
- Business
- Time of India
Cement sector trends: Volume rises 9% in May, average bag price up 8%, industry output seen at 480 MT in FY26
India's cement industry registered a 9% year-on-year growth in volume in May 2025, reaching 39.6 million metric tonnes (MT), while average cement prices rose 8% to Rs 360 per 50-kg bag, according to a report by rating agency ICRA. Tired of too many ads? go ad free now The report noted that cement prices in the first two months of FY26 averaged Rs 360 per bag, up 7% over the same period last year. This comes after a 7% decline in FY25, where average prices had fallen to Rs 340 per bag. Volume growth also remained steady. In April and May 2025, cumulative cement dispatches rose 8% YoY to 78.7 million MT, up from 6.3% growth in FY25 when annual dispatches stood at 453 million MT, PTI reported. 'ICRA expects cement volumes to grow by 6-7% YoY to 480-485 million MT in FY26, supported by sustained demand from housing and infrastructure sectors,' the report stated. Operating margins for ICRA's sample set of companies are also expected to improve by 80–150 basis points to 16.3–17.0% in FY26, largely driven by price hikes and a favourable cost environment. Coal and petcoke prices remained lower in June, and diesel prices held steady. 'Coal prices in June 2025 were down 19% YoY to $100/MT, while petcoke prices dropped 2% YoY to Rs 10,880/MT. Diesel prices remained unchanged at Rs 88/litre,' the report said. In Q1 FY26, coal prices were 6% lower YoY, petcoke was up 1%, and diesel continued to stay flat. According to the Cement Manufacturers' Association (CMA), India's total installed cement capacity stands at 690 MT.
The Sun
28-05-2025
- The Sun
Johor cops bust two drug syndicates, RM2.3 million in drugs seized
JOHOR BAHRU: Johor police have dismantled two drug syndicates in the state, following the arrest of eight individuals and seizure of various types of drugs amounting to RM2.3 million in separate raids at Jalan Skudai Lama and in Pontian on May 20 and 21. Johor police chief Datuk M. Kumar said in the first case, seven individuals were arrested, comprising five local men and two foreign women, aged between 29 and 54. He said the syndicate, believed to have been active since January last year, used the WeChat application as their main platform for transactions. 'Various types of drugs were found in a car and a terrace house which had been used as a storage location. 'In total, drugs worth RM1.23 million were seized, including 7.08 kilogrammes (kg) of ecstasy powder, 1.37 kg of heroin, 139.34 grammes of ketamine, 123.10 grammes of syabu, and 127 eramin 5 pills,' he told a press conference, here today. He said police also confiscated three cars, two motorcycles, RM9,320 in cash, and jewellery worth RM32,453. Meanwhile, in a separate case, police arrested a 35-year-old local man and seized various drugs weighing 6.46 kilogrammes worth RM1.07 million during a raid in the Pontian area on May 21. He said the man was believed to have used a terraced house in the district as a drug storage and distribution hub. 'We are still tracking other members of this group, believed to have been active since March 2025,' he said.
Yahoo
28-02-2025
- Entertainment
- Yahoo
Moviegoer yells ‘Run!' before ceiling collapses in 100-year-old cinema, WA video shows
Moviegoers heard noises before the ceiling collapsed at a historic cinema in Washington, news outlets and fire officials said. The incident happened at about 8 p.m. Feb. 26 at the Liberty Cinema, the Wenatchee Valley Firefighters, Local 453, said in a Facebook post. Sun Basin Theatres, which owns the cinema, did not immediately respond to McClatchy News' request for comment Feb. 28. 'They heard some pops and cracking and the gentleman stood up and took a peek,' Wenatchee Valley Fire Department Battalion Chief Cam Phillips told KING-TV. '(He) walked up toward the screen and as he looked up, he said, 'Run!'' A video shows debris from the ceiling covering movie theater seats. At approximately 8 PM, Wenatchee Valley firefighters responded to a reported ceiling collapse at Liberty Cinema. Two... Posted by Wenatchee Valley Firefighters, Local 453 on Wednesday, February 26, 2025 Fire officials said no one was injured in the collapse, but the incident is still under investigation. The two guests were watching 'Captain America: Brave New World,' KOMO reported. 'Talk about an interactive movie experience... just not the kind you want!' the fire agency said. Liberty Cinema opened in 1919 and has been entertaining the community for over a 100 years. The movie theater is listed as 'temporarily closed' on Google. Wenatchee is about a 150-mile drive east from Seattle. Man breaks into hotel room, shoots pregnant woman and kills her fiancé, Florida cops say 64-year-old woman walking with cane is gunned down in street, Pennsylvania cops say Odd burials suggest distant travelers met their end on France barrier island. See them
