NEW YORK: Global coffee demand is projected to fall 0.5% in 2025 due mostly to higher prices as coffee companies continue to pass on to consumers their higher costs to replenish stocks, said Dutch bank Rabobank in a quarterly report on Tuesday. “Pent-up retail price increases continue to take place despite the recent drop in… Continue reading Global coffee demand to dip in 2025 amid high prices

CHILE’S economy could achieve higher growth by implementing structural reforms to improve investment efficiency, labor force participation, and public-private research and development collaboration, the International Monetary Fund said on Tuesday. WHY IT’S IMPORTANT Chile’s economic growth slowdown, from 6.2% annually in the 1990s to below 2% in the 2020s, has fueled debates over fiscal sustainability… Continue reading IMF urges Chile reforms to boost slowing economic growth

SUBANG JAYA: Taylor’s Education Group (TEG) has institutionalised environmental, social and governance (ESG) principles across its three higher education institutions and seven international schools in Malaysia, Singapore and Vietnam. Chairman Datuk Loy Teik Ngan said this is a coordinated, group-wide push towards climate-conscious learning and campus operations. “At Taylor’s, we see sustainability as a core… Continue reading Taylor’s scales ESG across 10 regional schools and campuses

SHANGHAI: US cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information. Starbucks has held preliminary talks with more than a dozen potential buyers, Caixin also reported on Monday, citing sources who did… Continue reading Starbucks not considering full China exit

TAOYUAN: Taiwan’s China Airlines is postponing the retirement of some of its older aircraft due to delays in getting Boeing 787-9 jets that may result in compensation payments from the planemaker, the carrier’s newly appointed chairman said. Taiwan’s oldest airline, established in 1959, is in the midst of a fleet renewal, last year splitting an… Continue reading China Airlines holds on to older planes amid 787 delays

PETALING JAYA: Paramount Corporation Bhd posted a profit before tax (PBT) of RM22.6 million (Q1’24: RM17 million) for the first quarter of 2025 (Q1’25) supported by revenue of RM217.8 million (Q1’24: RM172.6 million). Profit attributable to shareholders rose by 87% to RM14.4 million (Q1’24: RM7.7 million). The property segment remains the group’s primary revenue driver,… Continue reading Paramount CEO happy with Q1 sales momentum

NEGERI SEMBILAN: The Negeri Sembilan Menteri Besar Incorporated, known as Menteri Besar Negeri Sembilan (Pemerbadanan) (Mbins), today signed two significant agreements with SD Guthrie Bhd, marking a key milestone for the development of the Port Dickson Free Zone (PDFZ), a cornerstone project within the Malaysia Vision Valley 2.0 (MVV 2.0). The first agreement involves the… Continue reading Negeri Sembilan MB inks strategic land agreements with SD Guthrie to kickstart Port Dickson Free Zone

Supratechnic brand was established in 1968 and is a wholly owned subsidiary of Singapore-based Supratechnic Pte Ltd, which USP Group indirectly owns. Supratechnic (M) Sdn Bhd, a wholly-owned indirect subsidiary of Singapore mainboard-listed USP Group Ltd, has been appointed as the official dealer for Honda Marine in Johor, Malacca and Pahang, following a strategic partnership… Continue reading Supratechnic appointed official dealer for Honda Marine in Johor, Malacca and Pahang