ERIKA JOHNSON
Erika has been writing stories since high school as a campus journalist to college. After pursuing a Bachelor’s Degree in Communication, she was employed in a local newspaper, radio station, and finally in this esteemed organization wherein she embarks on investigative reports.
I believe in Writing the wrongs. for new submissions, email me directly ejohnson@prioritysuntimes.com
Budget 2023 will be among the focus for the 15th Malaysian...
The first session of Malaysia's 15th Parliament will focus on approving civil servant emoluments and discussing Budget 2023. Prime Minister Anwar Ibrahim announced plans to table a new or revised budget within a month, marking a significant start to his administration's parliamentary agenda.
Boustead Plantations expects continued volatility in palm oil prices
Boustead Plantations Bhd expects continued palm oil price volatility amid rising production costs, including higher minimum wages and increased fertilizer and diesel prices. The company remains optimistic about cost management and crop enhancement strategies to improve profitability in the coming year.
Ambank Aids SMEs Via Strategic Partnership With PUMM
AmBank has formed a strategic two-year partnership with Persatuan Usahawan Maju Malaysian (PUMM), aiming to support over 3,000 business owners across various sectors. The collaboration focuses on enhancing financial literacy, providing financing access, and offering business optimization tools to help SMEs thrive.
Hong Kong once again ranked as world’s freest economy
The Hong Kong Special Administrative Region government celebrates its top ranking in the Economic Freedom of the World 2022 Annual Report. The Fraser Institute highlighted Hong Kong's continued leadership in "Freedom to Trade Internationally" and commitment to maintaining an efficient, open market environment.
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Bursa Malaysia broke its losing streak on Wednesday, with the FBM KLCI index gaining 3.08 points to close at 1,491.35. The Malaysian ringgit weakened to 4.5028 against the US dollar, marking its lowest level since 1998. Trading volume reached 2.36 billion shares valued at RM1.62 billion.
SK Hynix to invest US$11bil in new South Korea chip plant
SK Hynix will invest 15 trillion won ($10.9 billion) to build a new semiconductor manufacturing plant called M15X in Cheongju, South Korea. Construction begins in October 2023, with completion expected in early 2025, marking a significant expansion of the company's memory chip production capabilities.
Indonesia hikes fuel prices by 30%, cuts energy subsidies
Indonesia hikes subsidized fuel prices by 30%, with Pertalite gasoline rising from 51 to 67 cents per liter. Long lines at gas stations as motorists rush to fill tanks before price increase takes effect. President Joko Widodo cites economic necessity for subsidy reduction.
EcoWorld in end-financing tie-up with Public Bank
EcoWorld Development Group has signed an MoU with Public Bank to provide special end-financing packages for green-certified properties. The Green 5Home and Green Swift Plans offer preferential pricing and fast approval for sustainable residential and commercial projects, supporting environmental initiatives.
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
Malaysia has secured RM123.3 billion in approved investments from January to June 2022, with foreign direct investments contributing 70.9% of the total. The services sector led the investment landscape, accounting for 63.3% of approved projects and expected to create 57,771 job opportunities.
Finland, Sweden move ahead toward possible NATO membership
Finland and Sweden are moving closer to NATO membership after Russia's invasion of Ukraine sparked increased support for joining the alliance. With Finland sharing a long border with Russia and both countries historically neutral, this potential membership represents a significant strategic change in European security dynamics.
