Latest news with #NORMANGOH
Nikkei Asia
3 days ago
- Business
- Nikkei Asia
Boycott-hit US brands in Malaysia and Indonesia scramble to reverse losses
Consumer Embattled local franchisees see some customers returning but face lasting effects The franchisees of U.S. chains like Starbucks in Malaysia and Indonesia are emphasizing their local owners, workers and suppliers as they suffer losses from anti-Israel boycotts. (Photo by Norman Goh) NORMAN GOH, NANA SHIBATA and AHMAD MUSTAKIM August 14, 2025 11:10 JST KUALA LUMPUR/JAKARTA -- From doubling down on localization to cutting prices and selling assets, Indonesian and Malaysian operators of U.S. fast-food franchises hit by the anti-Israel boycott are scrambling to pare back losses.
Nikkei Asia
31-07-2025
- Business
- Nikkei Asia
Malaysia's Anwar unveils $144bn plan to spur economy and growth
Prime Minister Anwar Ibrahim presents the 13th Malaysia Plan, a five-year development strategy, in parliament on July 31. (Photo from Anwar Ibrahim Facebook page) NORMAN GOH KUALA LUMPUR -- Prime Minister Anwar Ibrahim unveiled the 13th Malaysia Plan on Thursday, a five-year economic roadmap worth 611 billion ringgit ($144 billion) aimed at steering the country toward high-income status through digital innovation, renewable energy and more inclusive development. "The next five years will be a critical period for Malaysia to not only achieve high-income status but also to nurture a compassionate society and deliver a high quality of life," Anwar said in parliament.
Nikkei Asia
31-07-2025
- Business
- Nikkei Asia
Malaysia's Anwar unveils $144b plan to spur economy and growth
Prime Minister Anwar Ibrahim presents the 13th Malaysia Plan, a five-year development strategy, in parliament on July 31. (Photo from Anwar Ibrahim Facebook page) NORMAN GOH KUALA LUMPUR -- Prime Minister Anwar Ibrahim unveiled the 13th Malaysia Plan on Thursday, a five-year economic roadmap worth 611 billion ringgit ($144 billion) aimed at steering the country toward high-income status through digital innovation, renewable energy and more inclusive development. "The next five years will be a critical period for Malaysia to not only achieve high-income status but also to nurture a compassionate society and deliver a high quality of life," Anwar said in parliament.
Nikkei Asia
23-07-2025
- Business
- Nikkei Asia
Malaysia's Anwar unveils $500m in aid to address cost-of-living concerns
Malaysian Prime Minister Anwar Ibrahim announces cash handouts and other measures in a televised speech on July 23. (Prime Minister's Office of Malaysia) NORMAN GOH KUALA LUMPUR -- The Malaysian government has unveiled a slew of relief measures, including 2 billion ringgit ($500 million) in cash assistance for all adults and lower fuel prices to address cost-of-living worries. Announcing the programs in a televised speech, Prime Minister Anwar Ibrahim said the higher cost of living is a pressing issue, even though the country's inflation has eased in recent months.
Nikkei Asia
15-07-2025
- Politics
- Nikkei Asia
Trump's pick for Malaysia envoy triggers controversy
Trump-supporting author Nick Adams, whom the U.S. president has nominated to be his next ambassador to Malaysia. His right-wing views have prompted criticism in the Southeast Asian nation. NORMAN GOH and SHAUN TURTON KUALA LUMPUR/SYDNEY -- U.S. President Donald Trump's nomination of conservative commentator and arch-loyalist Nick Adams as his next ambassador to Malaysia has triggered alarm in diplomatic circles and sparked criticism in both Malaysia and Australia, where the right-wing firebrand first made headlines two decades ago. However, observers also said that Adams' close ties to Trump could benefit Malaysia as it seeks to address a range of policy issues with Washington, notably trade ties.
