Latest news with #BualBisnes
Daily Express
12-05-2025
- Business
- Daily Express
MSM Malaysia Holdings Bhd looking to revive sugar cane plantations in Malaysia
Published on: Monday, May 12, 2025 Published on: Mon, May 12, 2025 By: Bernama Text Size: MSM Malaysia Holdings Bhd is exploring the potential of alternatives such as palm sugar to reduce its sole dependence on sugar cane. (Bernama pic) Kuala Lumpur: Refined sugar producer MSM Malaysia Holdings Bhd (MSM) is planning to restart domestic sugar cane plantations to reduce its complete dependence on imported raw sugar. MSM group CEO Syed Feizal Syed Mohammad said this would also address the increasing global risks such as climate change, geopolitical tensions, and supply chain disruptions. 'Yes, MSM currently depends 100% on imported raw sugar, but in the future, God willing, MSM is conducting studies to restart sugar cane agriculture in Malaysia,' he said on Saturday's Bual Bisnes programme on Bernama TV. Syed Feizal said Sarawak and the northern states of Peninsular Malaysia had been identified as suitable locations for large-scale sugar cane plantations. MSM had operated about 4,000 hectares of sugar cane plantations in Chuping, Perlis, since the 1970s, but operations were halted as the scale was not economically viable. The company is also exploring the potential of alternatives such as palm sugar to reduce its sole dependence on sugar cane. Syed Feizal said this approach could meet consumer needs and taste preferences in the Asia-Pacific region. 'In Europe, sugar beet is used as an alternative raw material source, but it does not suit the taste preferences in this region's markets. 'We may conduct studies on palm sugar from nipah coconut and other sources. Perhaps not on a large scale, but God willing, it will satisfy consumers who prefer the taste of palm sugar,' he said. Syed Feizal added that exploring alternative sources was part of MSM's long-term strategy to enhance supply chain resilience and adapt to changing market trends. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
05-05-2025
- Business
- The Star
Richiamo Coffee to open in Cambodia, Australia by September
KUALA LUMPUR: Malaysian coffee shop chain Richiamo Coffee Sdn Bhd, plans to expand internationally, targeting between five and 10 global markets within the next five years. Richiamo Group managing director Datuk Muhamad Zamry Abu Samah said the company will begin by opening outlets in Phnom Penh, Cambodia, and Melbourne, Australia, this September. He noted that Richiamo Coffee has been actively participating in international expos since last year to identify potential markets. 'Among the expos we participated in were held in Melbourne, Australia, and Riyadh, Saudi Arabia last year. 'We also took part in the Malaysia International Halal Showcase (Mihas) in Dubai, United Arab Emirates in November. 'This year, we will attend expos in Osaka, Japan, and Germany,' he said in the latest programme produced by Bernama TV, Bual Bisnes, which aired last Saturday. Richiamo Coffee has also attracted interest from Uzbekistan and has signed a memorandum of understanding with stakeholders in the country. 'For global operations, Richiamo Coffee is keen to collaborate with investors interested in setting up a central kitchen in their respective countries to reduce production and logistics costs. 'Such an approach will also help us minimise import duties on our products,' he said. On domestic expansion, Muhamad Zamry said the company plans to increase the number of local outlets to 350 in the near future. Since its establishment in 2016, Richiamo Coffee has recorded rapid growth, with 220 outlets currently operating across Malaysia. Richiamo Mart, the group's retail-business arm, now also has 20 branches, he noted. 'We plan to boost product innovation by introducing new items every three months to attract new customers and retain existing ones,' he added. Richiamo Coffee participated in the Franchising and Business Opportunities Expo in Melbourne last October, where the Malaysian pavilion was hosted by the Malaysia External Trade Development Corp.
