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Lifestyle

Raya 2026 Colour Trends: ‘Tree House’ Green Tops The List

Raya 2026 sees ‘Tree House’ green emerge as the top colour choice, according to a recent OhBulan! poll of 711 respondents. Muted, warm, and versatile, the earthy green garnered 6.5% of votes, edging out Cosmic Navy (6.1%) and Orinoco (4.3%). The popularity of Tree House green reflects a broader shift in festive styling.  This trend reflects a shift in festive styling, with Malaysians favouring adaptable tones that can be worn again and easily paired with other colours, rather than bold, statement hues. The Raya 2026 palette highlights versatility, featuring: Tree House green – earthy, muted green with warm undertones Cosmic Navy – deep, refined blue, suitable for day or evening looks Orinoco – soft, sandy neutral for understated elegance Lake Alone – muted blue-grey for a modern twist on classic pastels Leather Whip – warm, caramel brown for contemporary styling These colours complement traditional baju kurung and baju kebaya, as well as modern cuts, giving flexibility for mix-and-match festive outfits. The appeal of Tree House green extends to interiors, forming part of Nippon Paint’s Raya-inspired palette. Its warm, timeless tone works on feature walls, textiles, and décor accents. Enhanced with Silver Ion and AirGuard Technology, it ensures cleaner, safer, and low-maintenance home spaces. Tree House green is included in Nippon Paint’s range, inspired by the feeling of home. Tree House green combines practicality with style, offering Malaysians a shade that can refresh both wardrobes and homes well beyond the Raya celebrations. Explore more Raya 2026 colour ideas at Nippon Paint to find the perfect shades for your home and festive wardrobe.

Energy & Technology

France And Malaysia To Strengthen Security, Defence, And Energy Partnership

France and Malaysia are set to strengthen their “sovereignty partnership,” focusing on security, defence, and emerging energy sectors to boost strategic autonomy. French Ambassador Marc Abensour said the initiative aims to enhance both countries’ resilience amid growing global technological and security challenges. “Developing your own security and defence capabilities increases sovereignty and autonomy. France has a long-standing relationship with Malaysia in these sectors, and we aim to expand it further,” he explained. The announcement came during the “French Security Days ASEAN 2026 – Malaysia,” organised by Business France, which showcased French security and cybersecurity technologies and facilitated networking and industrial partnerships with Malaysian stakeholders. Beyond defence, the partnership is expanding into energy transition and critical minerals. Abensour highlighted cooperation in civilian nuclear energy and ASEAN power grid development, following Prime Minister Datuk Seri Anwar Ibrahim’s visit to France in July 2025. “France generates over 70% of its electricity from nuclear energy. We can share expertise on nuclear safety and inclusive management of such programmes,” he said. He also cited a recent agreement between Malaysian firm Malaco Mining San Bha and French company Carester on critical minerals as an example of technology transfer supporting Malaysia’s global value chain growth while meeting ESG standards. Jean-François Ambrosio, Director of Business France Malaysia, added that established French firms like Airbus and Sergi, along with newer companies, see Malaysia as a strategic regional hub. “Our next step is to help these companies find local partners and clients to build long-term operations in Malaysia,” he said.

ESG

SIRIM Rolls Out ESG Programme To Support Sustainable Industry

SIRIM Bhd has launched its ESG Readiness Roadshow, Personnel Certification Programme, and Sustainability Report Advisory Services under the MADANI Sustainability Roadmap to boost Environmental, Social, and Governance (ESG) adoption in Malaysian industries. The initiative, aligned with the New Industrial Master Plan (NIMP) 2030 and the government’s MADANI agenda, aims to promote sustainable industrial development and improve the competitiveness of Mid-Tier Companies (MTCs) and SMEs, especially in manufacturing and international supply chains. SIRIM said the programme provides technical guidance, training, and certification to help companies integrate ESG practices into their core operations. “This initiative is designed to transform ESG from a compliance requirement into a driver of sustainable, efficient, and profitable growth, helping Malaysian companies achieve global competitiveness,” the statement said. The programme also addresses common challenges, such as limited in-house ESG expertise and high consultancy costs. Companies will receive practical, cost-effective support, including guidance on sustainability reports based on Global Reporting Initiative (GRI) standards, which can enhance investor confidence and strengthen supply chain partnerships. Eligible organisations can also apply for the ESG-NIMP Grant Programme, which offers 80% government funding with a 20% company co-contribution. The grant targets SMEs and MTCs, including exporters and high-emission sector companies, to implement ESG practices. Participants will gain specialised training, certification for ESG personnel, and advisory support to achieve formal “ESG-Ready” status. The launch was officiated by Dr Mohd Bakri Jali, Covering CEO of SIRIM Academy, representing SIRIM Group CEO Nik Sazali Nik Hussin. Wholly owned by the Minister of Finance Incorporated and operating under MITI, SIRIM has been supporting Malaysia’s industrial development for over 50 years, serving as a trusted partner in quality, innovation, and technology advancement.

News

MYFutureJobs Drives Increase In Skilled Job Placements

The Social Security Organisation (PERKESO) reported a 28% increase in high-skilled job placements through its MYFutureJobs platform last year, with 32,887 positions filled in 2025 compared to 23,638 in 2024. Since 2020, MYFutureJobs has helped 1.4 million Malaysians secure employment, with Technical and Vocational Education and Training (TVET) graduates alone accounting for 92,896 placements in 2025. Human Resources Minister Datuk Seri R. Ramanan said the initiative focuses on high-value industries such as electrical, electronics, and green energy, offering better wages and improving quality of life. “MYFutureJobs goes beyond traditional job matching by using labour market data and advanced analytics to align job seekers’ skills with employer demand,” he added. The platform now averages 7.5 million monthly visits, connecting three million job seekers with over 100,000 employers nationwide. With 54 branches, 290 satellite centres, more than 600 staff, and partnerships with over 50 institutions, MYFutureJobs aims to reduce skills mismatches and provide effective career guidance for students and professionals alike.

Property

ISF Unit Secures RM10M Plumbing Contract

ISF Group Bhd’s subsidiary, Yeo Plumber Sdn Bhd, has secured a RM10 million contract from Kerjaya Prospek (M) Sdn Bhd to carry out cold-water and sanitary plumbing works for a new serviced apartment project that also includes commercial lots. According to a Bursa Malaysia filing, the award covers subcontract works for the development. The project is set to begin immediately and is scheduled for completion by 15 March 2029. The contract is expected to provide a steady contribution to ISF Group’s earnings over its duration, without impacting the company’s share capital, net assets, or the shareholdings of its substantial shareholders. Kerjaya Prospek (M) Sdn Bhd, a wholly owned subsidiary of Kerjaya Prospek Group Bhd, is primarily involved in building construction and property development. This collaboration underscores ISF Group’s ongoing role in supporting major property projects in Malaysia and highlights its capabilities in delivering specialized plumbing services for large-scale developments. This deal further strengthens ISF Group’s order book and long-term revenue visibility, reinforcing the company’s strategic position in the construction services sector.

Investment & Market Trends

New Tax And More Relief This Year

Malaysians filing their tax returns this year will benefit from several new and expanded tax reliefs, but they should also be aware of a new taxable income. For the first time, dividend income is subject to tax. Accounts and tax expert Datin Christine Koh explained, “A 2% tax is imposed on total dividend income exceeding RM100,000 a year, regardless of how many companies it comes from. Many taxpayers may overlook this because dividends were previously tax-free.” On the relief side, families and caregivers stand to gain the most. Parent medical expenses relief has been increased to RM8,000 and now includes grandparents. Sports-related lifestyle relief of up to RM1,000 has been expanded to cover expenses for parents, in addition to the self, spouse, or children. Relief limits for persons with disabilities have also risen: RM7,000 for disabled individuals, RM6,000 for a disabled spouse, and RM8,000 per disabled child. Education and medical insurance relief has increased to RM4,000, while environmental sustainability relief of up to RM2,500 now includes food waste composting machines, claimable once between assessment years 2025 and 2027. Despite these expansions, Koh warned that many taxpayers still miss out due to misunderstandings. “Common mistakes include assuming both parents can claim childcare relief or overlooking that sports equipment bought for parents is claimable. Dental treatment expenses up to RM1,000 and skill-enhancement courses are also often under-claimed,” she said. However, Koh noted that tax reliefs only reduce tax payable, not actual spending. “At a 20% tax rate, spending RM1,000 saves only RM200 in tax. The remaining RM800 is still an out-of-pocket expense. The RM9,000 personal relief equates to about RM25 a day—far from enough to cover basic necessities.” First-time homebuyers should also note the new housing loan interest relief. Tax expert Datuk Koong Lin Loong explained, “Loans signed between Jan 1, 2025, and Dec 31, 2027, are eligible. Properties priced RM500,000 or below can claim up to RM7,000 a year, while homes priced between RM500,000 and RM750,000 can claim up to RM5,000 annually for three consecutive years. For example, a loan signed at the end of 2027 can provide relief until 2029.”

Energy & Technology

Tawau Grid Upgrade Raises Capacity To 400MW

Electricity transmission capacity to Sabah’s east coast has been significantly enhanced following the completion of a RM9.2 million grid upgrade aimed at strengthening supply stability and reducing generation costs in Tawau. Sabah Electricity Sdn Bhd chief executive officer Mohd Yaakob Jaafar said the project involved installing a 132kV capacitor bank at the main Tawau intake substation. Work began in November 2024 and was completed on Dec 31. The upgrade forms part of a broader strategy to channel lower-cost electricity generated on Sabah’s west coast to the east coast, where power production is more expensive due to heavier reliance on diesel generation. “The goal is to transmit more affordable energy from the west coast to the east coast, particularly Tawau, where generation costs are higher,” Yaakob said during a media site visit on Friday. He noted that the earlier upgrading of the 275kV transmission line from Sandakan to Lahad Datu in March last year had already raised east coast supply capacity from about 210MW to 260MW. With the completion of the capacitor bank installation, transmission capacity to Tawau can now reach up to 400MW. Yaakob added that the Energy Commission of Sabah had set a target for the project to be completed before the end of 2025. Sabah Electricity delivered the project on schedule, within budget and without workplace incidents. Tawau’s current electricity demand ranges between 170MW and 180MW daily. Supply is supported by the main grid and three local power stations — HDA Kubota, HDA Tawau and IPP Serudong — with no immediate supply constraints. Although the upgrade was primarily aimed at enabling the transfer of cheaper energy rather than directly reducing outages, service reliability has improved. Tawau’s System Average Interruption Duration Index (SAIDI) has improved from about 180 minutes previously to around 130 minutes. Looking ahead, Sabah Electricity is studying the installation of reactor systems in Sandakan to further strengthen power flow along the east coast corridor. Under the Sabah Energy Roadmap, the utility also plans to gradually phase out diesel power stations in Sandakan and Tawau between 2027 and 2029. These will be replaced with more cost-effective and sustainable energy sources, including large-scale solar projects on both the west and east coasts. Additional renewable energy capacity is also being planned to support long-term supply security in the region. “The objective is to reduce reliance on costly diesel generation and ensure a more stable, affordable and reliable electricity system for Sabah,” Yaakob said.

Investment & Market Trends

MBSB Bank Allocates RM1bn To Support Rail SMEs

MBSB Bank has set aside up to RM1 billion in financing to support small and medium enterprises (SMEs) in Malaysia’s rail sector, under a strategic partnership with the Malaysia Rail Industry Corporation (MARIC). The collaboration aims to strengthen the country’s rail industry ecosystem by providing structured financing solutions to rail-related SMEs, technology providers and solution developers. Both parties will also undertake joint industry engagement initiatives and capacity-building efforts. In a statement, the bank said initial initiatives will include industry dialogues, knowledge-sharing sessions focused on commercial development and environmental, social and governance (ESG) readiness, as well as aligning financing frameworks with innovation and sustainability benchmarks relevant to the rail sector. MBSB Group chief strategy officer Datuk Azlan Shahrim said the partnership will allow the bank to better understand the challenges faced by industry players. “By engaging directly with MARIC members, we can gain clearer insights into their operational challenges and develop financing solutions that are carefully structured to meet their specific requirements,” he said. MARIC president Datuk Dr Mohd Yusott Sulaiman described the collaboration as a significant step towards strengthening Malaysia’s rail industry landscape. “Many of our SMEs and technology players have strong technical capabilities but require appropriate financial backing to scale and commercialise their solutions. This partnership helps bridge the gap between innovation and market readiness while supporting the growth of a more competitive and sustainable rail sector,” he said. Looking ahead, both parties expect the collaboration to contribute to a more integrated and future-ready rail ecosystem, enhancing SME competitiveness, accelerating commercialisation efforts and reinforcing Malaysia’s position as an innovation-driven rail industry hub.

Investment & Market Trends

Grab Buys Stash For $425m After First Full-Year Profit

Southeast Asian ride-hailing and food delivery giant Grab Holdings is acquiring U.S.-based digital investment platform Stash Financial, expanding its financial services business as the superapp achieves its first full-year profit. Under the cash-and-stock agreement, Grab will purchase Stash in two stages. It will initially acquire a 50.1% stake based on an enterprise valuation of $425 million. The remaining shares will be acquired over the next three years at fair market value. The transaction is expected to close in the third quarter, subject to regulatory approvals and customary conditions. Stash manages approximately $5 billion in assets and serves more than one million paying subscribers through its AI-powered investment platform. The acquisition strengthens Grab’s growing fintech ecosystem, which already includes payments, lending and digital banking services built around its core ride-hailing and food delivery operations. Grab said Stash is cash-flow positive and is projected to generate more than $60 million in adjusted EBITDA by 2028. “This marks an important milestone in Grab’s evolution as a trusted international financial services provider,” said Grab co-founder and CEO Anthony Tan. He added that the acquisition not only brings recurring, high-margin subscription revenue but also enhances Grab’s broader fintech capabilities. The announcement comes as Grab reported a net profit of $200 million for 2025 — its first annual profit — compared with a net loss of $158 million the previous year. Full-year revenue rose 20% to $3.4 billion.

Energy & Technology

LOCUS-T Launches Xiaohongshu Package With UFriend Media

Digital marketing agency LOCUS-T has launched a dedicated Xiaohongshu (XHS) marketing package, enabled by a strategic partnership with UFriend Media, a Tier-1 partner of Xiaohongshu, to help Malaysian brands reach and engage younger audiences as well as penetrate the Chinese consumer market through the fast-growing platform.  Deric Wong (right), Managing Director of LOCUS-T, and Victor Liu (left), Director of Ufriend Media, signing the MOU for the Xiaohongshu (XHS) partnership. The launch and memorandum of understanding (MOU) signing were held at LOCUS-T’s headquarters, formalising a collaboration that combines structured digital marketing strategy with platform-level expertise to support brand execution on Xiaohongshu. Xiaohongshu has more than 300 million users globally and continues to gain traction in Malaysia, where it records over 2.5 million monthly active users. The platform is particularly popular among users aged 18 to 35, offering brands opportunities to reach this segment through discovery-led content and community-driven interactions. As the platform prioritises peer recommendations and content discovery, early participation allows brands to build visibility and trust ahead of wider market adoption. The newly launched LOCUS-T XHS Package provides a structured pathway for brands to establish and grow their presence on the platform. It includes brand and audience strategy aligned to XHS content formats, content planning and posting cadence, creative direction guidance, advertising and lead-generation campaigns, as well as performance tracking and reporting. Through the partnership, UFriend Media supports campaign execution with platform expertise, access to Xiaohongshu’s creator ecosystem, and operational delivery capabilities, strengthening brands’ ability to activate campaigns effectively. LOCUS-T Co-Founder and Managing Director Deric Wong said the launch reflects evolving  audience behaviour and the agency’s service expansion. “With the addition of Xiaohongshu to our offerings, LOCUS-T now supports clients with a more complete, end-to-end digital marketing solution, covering full-funnel strategy from visibility to engagement and conversion,” he added. LOCUS-T currently provides digital marketing services across SEO, paid media including Google,  Meta and TikTok, website design and development, as well as website maintenance. The introduction of Xiaohongshu marketing expands the agency’s capabilities, enabling clients to integrate social discovery platforms into their broader digital growth strategy. The agency was recently recognised by the Malaysia Book of Records for achieving the “Most Active SEO Service Contracts by an Agency,” reflecting the scale of its SEO operations in Malaysia.  Established in 2000, LOCUS-T has served more than 7,000 clients across 50 industries and marked its 25th anniversary in 2025. The MOU signing ceremony was attended by invited partners, selected clients, and senior business and marketing leaders, reflecting growing interest among Malaysian businesses in expanding their digital channel mix to reach younger markets.

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