Musang King And More: Malaysia Brings Taste Of The Tropics To Namibia
Among the tropical fruits showcased were Musang King Durians, 'Harum Manis' Mangoes, Honey Jackfruits (Nangka Madu), Lohan guavas (Jambu Lohan) and pomelo, delighting the palates of some 200 guests who attended the event held at the High Commission.
Chargé d'Affaires of Malaysia to Namibia, Datuk Dr Mohamad Rameez Yahaya, said in a statement that the event marked a major step in Malaysia's efforts to introduce its premium fruits to the local market.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Barnama
36 minutes ago
- Barnama
Bargain-hunting Activities Push Bursa Malaysia Higher At The Close
WORLD By Durratul Ain Ahmad Fuad and Danni Haizal Danial Donald KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia ended two days of losses to close higher on Thursday, tracking gains in the regional markets as bargain-hunting activities emerged following the recent sell-off. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 9.44 points or 0.63 per cent to 1,520.94 from Wednesday's close of 1,511.50. The benchmark index opened 0.39 of a point higher at 1,511.89 and subsequently moved between 1,511.64 and 1,521.15 throughout the session. The market breadth was positive, with 547 gainers outpacing 416 decliners and 475 counters unchanged, while 1,019 were untraded and eight suspended. Turnover eased to 3.17 billion shares worth RM2.48 billion, compared with 3.18 billion shares worth RM2.44 billion on Wednesday. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research Mohd Sedek Jantan said regional bourses recorded gains, suggesting a broader return of risk appetite. The local market was in sync with most of its regional peers -- Singapore's Straits Times Index rose 0.66 per cent to 4,159.57, South Korea's Kospi advanced 0.37 per cent to 3,192.29 and Japan's Nikkei 225 gained by 0.6 per cent to 39,901.19. However, Hong Kong's Hang Seng Index inched down 0.08 per cent to 24,498.95. 'Looking ahead, attention will turn to key United States (US) economic data releases later today, with June retail sales figures and last week's jobless claims scheduled for release.
Barnama
38 minutes ago
- Barnama
Comprehensive E-commerce Bill Expected To Be Tabled Early Next Year
PUTRAJAYA, July 17 (Bernama) -- A bill to strengthen the legal framework for e-commerce is expected to be tabled in Parliament during its first session next year, said Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali. He said the ongoing review of e-commerce legislation commenced in April 2024 and is expected to conclude by August, involving engagement with stakeholders across the industry, among others. 'The review is necessary as the current legal framework lacks clear regulatory powers over electronic transactions, with the existing Electronic Commerce Act serving mainly as an enabling act. 'Enforcement currently depends on the Consumer Protection Act and related regulations, which were meant to be temporary. We need a comprehensive and fair framework accepted by all stakeholders to support e-commerce growth,' he told reporters after an engagement session today. Armizan said Malaysia's e-commerce sector recorded steady growth, with revenue rising from RM1.13 trillion in 2022 to RM1.22 trillion last year. He emphasised that new regulations must not hinder the sector's development, noting that once a mechanism is in place for local platforms, a similar approach will be considered for foreign-based operators. He added that, at present, the ministry has no authority to regulate or monitor foreign platforms without a physical presence in Malaysia, raising concerns over the influx of foreign products and tax inequality. Armizan also said that discussions are underway with countries such as China and Turkiye on a government-to-government (G2G) mechanism, particularly on regulating cross-border e-commerce and direct selling. Meanwhile, Armizan said consumer protection is a key focus in the ongoing review of the e-commerce legal framework, particularly on the use of automated decision-making (ADM) systems or algorithms that may contain manipulative elements.
Barnama
an hour ago
- Barnama
Malaysia's Real Estate Sector Records Steady Growth In 1H 2025
In its Real Estate Highlights for 1H2025 (REH 1H2025), which covers industrial, office, retail, hospitality, and residential segments, Knight Frank Malaysia highlighted that the market has been showing signs of stability despite global uncertainties. KUALA LUMPUR, July 17 (Bernama) -- Malaysia's real estate market recorded steady growth across key sectors in the first half of 2025 (1H 2025), supported by strong data centre investments, infrastructure development and resilient domestic demand, according to Knight Frank Malaysia. Johor, Penang and Sabah have emerged as industrial growth engines, while Sarawak is seeing increasing focus on green technology parks. According to the report, the industrial sector continued to expand, driven by data centre investments totalling RM163.6 billion in 2024 and supported by strategic infrastructure such as the East Coast Rail Link (ECRL), the Johor-Singapore Special Economic Zone (JS-SEZ), and Port Klang upgrades. Office markets in Klang Valley, Johor and Penang remained steady, with stable or improving occupancy rates and rental demand. Klang Valley is expected to see 4.2 million square feet of new warehouse supply by 2H2025, reshaping availability and pricing dynamics. Klang Valley is projected to add over two million square feet of new office space in 2025. In Johor Bahru, office rents rose between RM0.10 and RM0.40 per square foot in prime areas, supported by newer supply and steady absorption. Penang's office market held steady with minor occupancy improvements across Penang island and Seberang Perai. In Sabah and Sarawak, demand remained firm, underpinned by consistent tenant retention and infrastructure-driven confidence. Retail Sector Retail performance was steady nationwide, with Klang Valley expecting three million square feet of new retail space in 2H2025. Malls such as Sunway Pyramid and IOI City Mall are undergoing green and tech-focused upgrades to stay competitive. Retail occupancy in Johor Bahru stood at 72.4 per cent in the first quarter of 2025 (1Q2025), while Penang saw a slight dip to 72.1 per cent (4Q2024: 72.3 per cent), with activity balanced between island and mainland locations. Kota Kinabalu's retail occupancy edged up to 79.2 per cent (4Q2024: 78.9 per cent), supported by lifestyle-led and experiential retail offerings. Hospitality Sector The hospitality sector continued its recovery, recording more than 25 million visitors and RM102.2 billion in receipts in 2024. Kuala Lumpur holds 16.9 per cent of the country's total hotel room supply, and steady gains in occupancy and room rates were seen across key destinations. Sabah surpassed its 2024 tourism target with 3.1 million arrivals, and Sarawak exceeded its own with 4.8 million visitors, driven by events, improved connectivity and strategic branding. Residential Sector The residential sector was mixed. Kuala Lumpur recorded a 3.2 per cent year-on-year increase in home prices in 1Q2025, but saw an 8.7 per cent drop in transactions, pointing to a possible oversupply in high-rise units. Johor's residential market grew stronger with a 14 per cent jump in transaction value in 1Q2025, while Penang saw slight dips in high-rise transaction volume and values. Outlook and Caution Knight Frank Malaysia group managing director, Keith Ooi, said Malaysia's real estate market continues to demonstrate resilience despite global headwinds and increasing policy complexity. 'What we are seeing now is a more discerning market – investors and occupiers are sharpening their focus on long-term fundamentals, especially assets that can deliver sustainability, efficiency and adaptability,' he said. Meanwhile, its executive director of Research and Consultancy, Amy Wong, said the REH 1H2025 report highlights emerging opportunities in both established and developing regions across Malaysia. 'Infrastructure projects like the ECRL and JS-SEZ are lifting regional prospects, while the rise of environmental, social, and governance (ESG) standards, smart retailing, and demand for lifestyle-centric developments are reshaping the market landscape,' she said. Despite the positive outlook, the report also cautioned that certain challenges remain, particularly in the industrial and office segments, where infrastructure limitations, electricity costs, and talent shortages are influencing investment decisions. 'The office market may see more measured leasing activity as businesses contend with operational cost pressures and upcoming tax changes. 'In retail, while demand is underpinned by wage recovery and tourism, consumer sentiment may soften amid rising costs and fewer festive catalysts,' it said. It added that the residential sector is expected to remain resilient, but developers and investors must stay agile in navigating shifting market conditions and global headwinds. --BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial
