Asia shares got off to a shaky start on Friday after US President Donald Trump unveiled a fresh round of punishing tariffs and as traders pared bets of sharp US rate cuts following stronger-than-expected economic data.
Trump on Thursday announced that the US would impose 100% duties on imported branded drugs, 25% tariffs on heavy-duty trucks and 50% tariffs on kitchen cabinets.
He also said he would start charging a 50% tariff on bathroom vanities and a 30% tariff on upholstered furniture next week, with all the new duties to take effect from Oct 1.
Japan's Topix pharmaceutical index slid 1.4% in the wake of the news, while shares of Australian biotech firm CSL tumbled more than 3%.
The Nikkei fell 0.5%, while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.45%.
"At this point of time, it sort of adds to a bit of a shaky backdrop we've got in terms of risk assets," said Tony Sycamore, a market analyst at IG.
Nasdaq futures were down 0.08% while S&P 500 futures dipped 0.02%.
European futures meanwhile eked out gains, with EUROSTOXX 50 futures up 0.37% while FTSE futures rose 0.25%.
Also adding to headwinds for stocks were reduced expectations of aggressive Federal Reserve rate cuts, after a slew of data on Thursday showed the US economy remains in rude health.
"(The) data deluge... gives the US economy a new lease on life," said economists at Wells Fargo in a note.
"Ultimately the updated GDP figures suggest the US economy was undeniably resilient in the first half of the year despite the on-again off-again approach to US trade policy."
Traders are pricing in just about 39 basis points (bps) worth of rate cuts by December this year, down from over 40 bps earlier this week.
Focus will now be on PCE data due later on Friday, which could provide further clarity on the outlook for rates.
"There was some bullish optimism built into markets, because everybody started thinking we're going to get somewhere between four and six rate cuts, and now I think we're probably looking at four at most, and maybe even that seems a bit generous at this point of time into the end of 2026," said IG's Sycamore.
While most Fed policymakers continue to strike a cautious tone on the pace of future easing, the central bank's newest policymaker, Stephen Miran, on Thursday pressed for sharp US interest-rate cuts to prevent labour market collapse.
The reduced expectations of Fed rate cuts have in turn lifted the dollar, which hovered close to the ¥150 level on Friday.
The euro last bought US$1.1668, having lost 0.6% in the previous session, while sterling was little changed at US$1.3344.
In commodities, oil prices rose on Friday, with Brent crude futures up 0.24% to US$69.59 a barrel, while US crude rose 0.43% to US$65.26 per barrel.
Trump said on Thursday he believes Türkiye will agree to his request to stop purchasing Russian oil and that he may lift US sanctions on Ankara so it can buy advanced American F-35 jets, following two hours of talks with Türkiye's President Tayyip Erdogan.
Spot gold edged slightly higher to US$3,751.69 an ounce.
Foreign Affairs Minister Datuk Seri Utama Haji Mohamad Hasan has urged the United Nations (UN) to strengthen cooperation with regional organisations in mediation efforts, warning that global conflicts from Gaza to Ukraine, Sudan and Myanmar continue to inflict heavy civilian casualties.
Speaking at the 15th Ministerial Meeting of the UN Group of Friends of Mediation in New York, he criticised Israel’s assault on Qatar, describing it as “unacceptable” and an action that severely undermines peacebuilding in the Middle East.
He noted that the UN General Assembly’s ability to resolve conflicts has been limited by the abuse of veto powers in the Security Council, at a time when the international system is strained by climate change, technological disruptions, food insecurity and divisive online rhetoric.
“The best way for the UN to do its part, is by empowering regional organisations to act as mediators,” he said, highlighting the roles of ASEAN and the African Union in providing local legitimacy, early warning capacities and contextual insight.
Citing Malaysia’s own record, Mohamad pointed to its involvement in managing the Vietnam refugee crisis in the 1970s, facilitating peace processes in Mindanao and Southern Thailand, and mediating tensions between Cambodia and Thailand during its ASEAN chairmanship. He said ASEAN continues to engage both sides and is working towards deploying an observer team to ensure transparency.
On Myanmar, he reaffirmed Malaysia’s support for the full implementation of ASEAN’s Five-Point Consensus and the Special Envoy’s efforts to facilitate dialogue among all stakeholders towards reconciliation.
He called for mediation to be treated as a core peace and security priority, urging Member States to move away from fragmented funding and adopt multi-year, predictable support for mediation activities.
“Better coordination will lead to better outcomes,” Mohamad said, adding that structured frameworks for joint UN–regional mediation deployments and resource-sharing should be developed.
Malaysia, he concluded, remains committed to advancing a global culture of dialogue, prevention and peace.
Bursa Malaysia opened weaker on Friday, tracking Wall Street’s decline, as valuation concerns outweighed strong economic data despite the US gross domestic product growth hitting a two-year high.
At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 2.28 points to 1,596.19 from yesterday’s close of 1,598.47.
The benchmark index had opened slightly lower at 1,597.01.
Market breadth was negative, with losers outpacing gainers 198 to 108. Meanwhile, 272 counters were unchanged, 2,650 untraded, and 48 suspended.
The US economy grew at a robust 3.8% in the second quarter, according to the final revision of GDP data for April to June.
In a research note, Malacca Securities Sdn Bhd said bargain-hunting activity is expected in selected sectors such as utilities, supported by the ongoing National Energy Transition Roadmap and Tenaga Nasional’s power grid upgrades, while the technology sector has been on a recovery trend after a long consolidation.
“We continue to favour Itmax System Bhd, as its recent contract wins strengthened its recurring income base, offering robust earnings visibility over the next 15-20 years.
“Besides, He Group Bhd has seen follow-through buying interest after the flag breakout, and should observe a higher trading range in the near term,” it said.
Among the heavyweights, PPB Group shed 32 sen to RM10, CIMB Group fell four sen to RM7.20, Gamuda slid 5 sen to RM5.62, while Maybank and IHH Healthcare added 1 sen each to RM9.80 and RM7.38 respectively, and Tenaga Nasional edged up 2 sen to RM13.22.
In active trade, NexG Bina and NexG both eased 0.5 sen to 9.5 sen and 51 sen, while Pegasus Heights and ICT Zone Asia were unchanged at 0.5 sen and 21 sen, respectively.
Top losers included Nestle, down 4 sen to RM96.20, Kuala Lumpur Kepong fell 18 sen to RM20.08, Batu Kawan dropped 16 sen to RM18.76, Ireka Corp slipped 11.5 sen to 0.5 sen, and UMS Holdings reduced 11 sen to RM1.88.
Top gainers were UMS Integration, up 27 sen to RM4.98, LPI Capital was higher 14 sen to RM14.24, Petronas Gas bagged 12 sen to RM18.56, Petronas Dagangan recouped 8 sen to RM22.20 and IGB climbed 8 sen to RM3.30.
On the broader market, the FBM Emas Index fell 18.42 points to 11,922.00, the FBM 100 Index lost 18.85 points to 11,649.48, the FBM Emas Shariah Index slipped 19.54 points to 11,998.02, the FBM 70 Index dropped 36.71 points to 16,820.77, and the FBM ACE Index eased 2.08 points to 5,149.18.
By sector, the Industrial Products and Services Index edged down 0.33 of-a-point to 171.75, the Financial Services Index dipped 14.85 points to 18,016.35, the Plantation Index trimmed 8.78 points to 7,749.03, while the Energy Index gained 1.79 points to 781.70.
A Strategic Catalyst Transforming a Historic City into a Premier International Destination
Ipoh, a city steeped in the rich history of tin mining, has witnessed a remarkable resurgence in recent years, blossoming into a captivating destination that draws travellers from both within Malaysia and across the globe. At the heart of this transformation lies The Haven Resort, a luxurious sanctuary that has not only redefined the standards of hospitality in the region but has also emerged as a significant catalyst in propelling Ipoh to the forefront of Malaysia's tourism industry and bolstering its economic landscape.
The Haven Resort has been instrumental in attracting a diverse influx of tourists to Ipoh, drawn by its unique proposition of opulent accommodations nestled amidst the breathtaking panorama of dramatic limestone hills and verdant tropical rainforests. This distinctive blend of luxury and natural beauty has resonated strongly with both domestic holidaymakers seeking a tranquil escape and international adventurers eager to explore Malaysia's hidden gems.
The resort’s success in attracting foreign visitors is particularly noteworthy. Prior to 2023, The Haven had proudly welcomed over 80,000 international guests from more than 60 different nations. This impressive figure has continued to climb, with recent reports indicating that The Haven has now hosted over 150,000 foreign tourists from a wider spectrum of over 120 countries. This significant influx of international visitors underscores The Haven's growing global appeal and its effectiveness in positioning Ipoh as a destination of international standing.
Further amplifying its global reach and commitment to excellence, The Haven Resort has forged a strategic alliance with TUI BLUE, a renowned international hotel chain. This collaboration is a testament to The Haven's ambition to continuously elevate its quality of service and hospitality standards, thereby attracting an even broader audience of discerning international travellers. By aligning with a globally recognized brand, The Haven is not only enhancing its operational efficiency but is also tapping into a vast network of potential customers, further solidifying Ipoh's position on the international tourism radar.
The Haven's unwavering dedication to providing exceptional experiences has been consistently recognized through numerous prestigious accolades. The resort has consistently ranked within the top 1% of hotels worldwide by TripAdvisor. To date, The Haven has garnered an impressive collection of over 63 international and local awards, a clear indication of its commitment to excellence in all aspects of its operations. These accolades not only enhance the resort's reputation as a premier destination but also contribute significantly to elevating Ipoh's overall image as a world-class tourist hub, attracting more attention and credibility to the region.
The positive ripple effect of The Haven Resort extends far beyond the realm of tourism, making substantial contributions to the economic vitality of Ipoh. The significant increase in tourist arrivals, directly attributable to The Haven's allure, translates into increased spending within the local economy. These tourists patronize a wide array of local businesses, including restaurants, retail outlets, transportation services, and various other tourism-related enterprises. This surge in economic activity provides a vital boost to the local economy, fostering growth and sustainability.
Unknown to most, one great benefaction of The Haven Resort to Ipoh is the provision of a most worthwhile vocation for the local community. The Haven does not merely provide a service of livelihood; the role and training provided nurtures its staff not only for work excellence but for the inculcation of deep and worthwhile qualities and attributes even for eternal life.
Beyond direct employment within the resort, the increased tourism activity has also spurred further employment opportunities in supporting industries, such as tour operators, local guides, and suppliers of goods and services. This injection of employment opportunities contributes significantly to the socio-economic well-being of the population in the local region.
The presence of a high-caliber resort like The Haven also has the potential to positively influence property values in the surrounding areas. The enhanced appeal and desirability of Ipoh as a tourist destination, partly driven by the presence of such a prestigious establishment, has led to a large appreciation in property values, benefiting local homeowners and attracting further development and investment in the area.
The Haven's success story has indeed served as a catalyst for further investment and development in Ipoh. Following its success, more than 45 high-rise developments have evolved, including Sunway’s medical center, Onsen Suites, a shopping center being built that will be Perak’s largest and even a university. These developments will undoubtedly strengthen its position as a prominent tourist destination.
The visionary leadership of Peter Chan, the Chief Executive Officer of The Haven, has been a driving force behind the resort's remarkable success and its profound positive impact on Ipoh. His unwavering vision and steadfast commitment to creating a world-class destination have been instrumental in reshaping Ipoh's tourism landscape and elevating its profile on the national and international stage. His strategic direction and dedication to excellence have been pivotal in transforming Ipoh from a relatively lesser-known city into a thriving tourism hub.
"The Haven Resort stands as a powerful testament to the transformative potential of strategic tourism development. By offering a unique and luxurious experience that seamlessly blends natural beauty with world-class hospitality, The Haven has not only successfully attracted a significant influx of visitors from across the globe but has also played a pivotal role in revitalizing Ipoh's economy and firmly establishing its position as a prominent and increasingly sought-after destination on the Malaysian map," Chan proudly explains.
The resort's continued commitment to excellence, coupled with its strategic collaborations and visionary leadership, promises to further enhance Ipoh's appeal as a premier tourist destination for years to come, contributing significantly to the nation's tourism industry and overall economic prosperity.
About The Haven Resort
The Haven Resort is a luxurious sanctuary located in Ipoh, Malaysia, celebrated for its unique blend of opulent accommodations and breathtaking natural surroundings. The resort is a significant catalyst in propelling Ipoh to the forefront of Malaysia's tourism industry and bolstering its economic landscape.
Sichuan Culture and Tourism Shines at Malaysia.
From September 5 to 7, 2025, the MATTA Fair, Malaysia’s largest international tourism exhibition, was held in Kuala Lumpur. Covering 40,000 square meters with 1,794 booths, the fair brought together nearly 300 tourism organizations and enterprises from more than 20 countries and regions worldwide.
At this year’s fair, Sichuan highlighted its cultural and tourism brand “Splendid Sichuan, Land of Abundance” through diverse forms of presentation, including visual displays, interactive experiences, and cultural showcases. The Sichuan booth created a distinctive and appealing exhibition space that stood out within the “Nihao! China” national exhibition area. With its striking brand imagery and immersive cultural experiences, the booth attracted keen interest and enthusiastic responses from international visitors.
The booth design seamlessly combined Sichuan’s traditional charm with modern aesthetics. A themed photo zone recreated the atmosphere of a traditional Sichuan teahouse, where panda mascots warmly welcomed guests and invited them to enjoy tea. Interactive activities such as panda painting, intangible cultural heritage rubbing, and Chengdu-themed graffiti drew large numbers of visitors to participate. The “Splendid Sichuan, Land of Abundance” brand logo and large-scale visuals created a powerful visual impact, prompting many visitors to take photos and share them on social media.
On the first day of the fair, the “Splendid Sichuan, Land of Abundance” Cultural and Tourism Public Promotion in Malaysia was held concurrently. More than 100 attendees were present, including Han Ning, Director of the China Cultural Center in Kuala Lumpur; Lee Thai Hung, Deputy Director General of Tourism Malaysia; Nigel Wong Chun Teim, President of the Malaysian Association of Tour and Travel Agents; as well as representatives from local travel agencies, airlines, media outlets, and the public. In his remarks, Wang Chengping, Deputy Director General of the Sichuan Provincial Department of Culture and Tourism, emphasized that Malaysia is one of Sichuan’s key inbound tourist markets. He noted that the launch of the cultural tourism brand logo provides an opportunity to further deepen practical cooperation with Malaysia in the cultural and tourism sectors, with the goal of achieving mutual promotion of resources, two-way tourist flows, and shared market benefits.
The regional synergy of the “Ba-Shu Cultural and Tourism Corridor” was also fully demonstrated. The exhibition highlighted the cultural charm and premium tourism resources of Sichuan and Chongqing, characterized by “international flair, Chinese essence, and Ba-Shu heritage.” The two regions jointly promoted cross-regional themed routes such as “Exploring the Twin Cities by High-Speed Rail,” offering visitors a convenient “one-stop, two-destination” travel option.”
This participation marked the first official overseas promotion of the “Splendid Sichuan, Land of Abundance” cultural and tourism brand since its global launch on August 14, 2025. Its successful debut in Malaysia further enhanced Sichuan’s visibility and appeal in the international tourism market.
Malaysia has been named in a United Nations (UN) report as one of several major tourist destinations recording a surge in arrivals in the first six months of this year.
According to the UN World Tourism Organisation’s World Tourism Barometer report, international tourist arrivals to Malaysia rose by 9% from January to June compared to the same period last year.
“Some of the highest growth rates among large destinations in H1 2025 were recorded in Japan and Vietnam (both +21%), the Republic of Korea (+15%) and Morocco (+19%), as well as Mexico and the Netherlands (both +7%).
“Malaysia and Indonesia both reported 9% growth and Hong Kong (China) 7%, though arrivals in these destinations remained somewhat below 2019 levels,” the report said.
The report noted that arrivals in Asia and the Pacific grew 11% during this period, which is 92% of the pre-pandemic levels as the region continues to recover.
“The world’s top destinations, France (+5% through May) and Spain (+5%) also recorded solid growth this period,” the report noted.
Nearly 690 million tourists travelled internationally in the first half of 2025, marking a 5% increase, or 33 million more, compared to the same period last year.
The report said South-East Asia ranked sixth among global regions for international tourist arrivals in the first half of 2025, recording a 5.5% growth.
Northeast Asia led the global tourism rebound with a 20.1% jump in arrivals, followed with North Africa at 14.2% and South America at 13.9%.
According to figures from Tourism Malaysia, Malaysia welcomed 13.38 million visitors between January and April this year.
The figure represents a 21% increase from the 11.07 million recorded in the same period last year.
Singaporeans were the top visitors to Malaysia with 6.53 million arrivals, followed by Indonesia (1.47 million) and China (1.44 million).
Malaysian Association of Tour and Travel Agents (MATTA) president Nigel Wong said the figures were encouraging, adding that the country was on track to hit its target of 43 million arrivals this year and 47 million in 2026.
“If our growth continues along the current trajectory, Malaysia should be able to meet its arrival targets.
“This year alone, we could see a 20% increase from 2024, which would provide a solid foundation for Visit Malaysia 2026 (VM2026),” he said.
Wong noted that while traditional markets such as Singapore and Thailand remain important, efforts should also focus on attracting travellers from other key markets, supported by expanding air connectivity.
“Malaysia has the potential to capture more long-haul markets with the right campaigns, while also positioning itself as a Muslim-friendly destination to appeal to a wider segment of global travellers,” he said.
Your Inbound Matters founder Uzaidi Udanis cautioned that quantity alone should not be the benchmark for success.
He said Malaysia must also focus on the quality of visitors, particularly regarding their spending and length of stay.
“On average, tourists in Thailand spend more than RM7,000 per trip, while in Malaysia the figure is closer to RM4,000.
“The challenge is to encourage visitors to stay longer - ideally a week instead of just four days - and to spend more during their visit,” he said.
Uzaidi added that sustainable tourism is just as important, pointing to concerns about overtourism in parts of Europe.
“The key is to grow sustainably by learning from places now facing overtourism pressures.
“Our focus should be on promoting experiences that benefit the local economy, preserve culture and protect the environment,” he said.
Both Wong and Uzaidi agreed that diversifying source markets and product offerings is essential for Malaysia to remain competitive.
Wong highlighted the potential of transit passengers and intra-Asean travellers, while Uzaidi urged greater government support for developing new markets, such as Iran, Russia and the Middle East.
“Malaysia has plenty of assets, from cultural heritage to unique local experiences such as food trails, cycling tours, and community-based activities.
“If the industry works more closely with state governments and local councils, we can create enhanced offerings that encourage longer stays,” Uzaidi said.
AS Malaysia marks another Merdeka, we are reminded that independence was never only about raising a flag. It was about ordinary people who believed in extraordinary possibilities, a nation choosing its own destiny, and a generation daring to imagine a better future.That same Merdeka spirit of courage, resilience and collective will must now guide us as we face the defining challenge of our time: climate change.
A new chapter for Malaysia
The year 2025 is pivotal. Malaysia assumes the Asean chairmanship while laying out the 13th Malaysia Plan (RMK-13). RMK-13 is more than just a five-year plan by the government. It is a national blueprint for a future-ready, inclusive, and sustainable Malaysia.
Grounded in the Malaysia Madani framework, RMK-13 recognises that growth must be both equitable and sustainable. It sets clear priorities: reducing emissions, strengthening food and water security, expanding social protection, and driving green industries. The message is unambiguous—sustainability is now central to our story of progress.
Two platforms this October will demonstrate Malaysia’s intent: the inaugural Kuala Lumpur Sustainability Summit (KLSS) and the 16th International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM). Two platforms this October will demonstrate Malaysia’s intent: the inaugural Kuala Lumpur Sustainability Summit (KLSS) and the 16th International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM).
For Malaysia, this moment is not simply about policies. It is about making choices that will determine whether our economy thrives in a low-carbon future or struggles against it. It is about whether our workers and companies can compete in industries shaped by global climate commitments, and whether our children inherit a Malaysia that is both prosperous and livable.
As the Asean chair, Malaysia must also lead by example. Our status as a developing nation makes our leadership more meaningful, not less. If we can demonstrate that economic dynamism and climate responsibility go hand in hand, we light a path for others in the region.
Turning vision into action
Malaysia’s commitment is already evident. The National Climate Change Policy 2.0 and forthcoming Climate Change Bill will place us in step with global low-carbon pathways. Incentives for carbon projects, paired with the Long-term Low Emissions Development Strategy and updated NDC Roadmap, lay out a path to net zero by 2050.
The transition will demand much: clean energy adoption, expansion of electric mobility, recycling and circular economy systems, and frontier solutions like carbon capture and green hydrogen. These technologies are not distant dreams. They are rapidly becoming global norms, and Malaysia must be among the early movers to remain competitive.
Financing will be crucial. Domestic capital markets and international investors alike are increasingly prioritising sustainability-linked assets. If Malaysia can position itself as a trusted hub for green finance, we will not only fund our own transition but also attract capital seeking credible projects in the region.
The transition is not without challenges. It will require developing talent, upgrading infrastructure, and balancing short-term costs against long-term gains. But the Merdeka story reminds us that nation-building has never been easy. It has always required resilience, vision and sacrifice—the same qualities we must now summon in building a climate-resilient Malaysia.
Platforms for shared progress
Two platforms this October will demonstrate Malaysia’s intent: the inaugural Kuala Lumpur Sustainability Summit (KLSS) and the 16th International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM).
KLSS 2025, hosted by the Natural Resources and Environmental Sustainability Ministry (NRES) and the Economy Ministry with MGTC and Pusat SDG Negara as the implementing agencies, will convene leaders from government, business, academia and civil society.
Unlike traditional conferences, it will elevate the voices of grassroots leaders, local governments and youth change-makers. Its mission is to turn ambition into action, ensuring that the bold commitments of RMK-13 and our Asean chairmanship are translated into lived realities.
What makes KLSS distinct is its design. It is not only a forum for speeches and declarations, but also a space for problem-solving and collaboration. From city mayors to global experts, from social enterprises to multinationals, the summit will allow diverse voices to shape practical solutions that work on the ground.
In parallel, IGEM will showcase how Malaysian companies are embedding sustainability into operations and competing globally. For over a decade, IGEM has been a bridge between vision and action. In 2025, it will spotlight how start-ups in Johor, innovators in Penang, engineers in Sarawak and farmers in Kedah are contributing to Malaysia’s green economy. The message is clear: sustainability is not a niche, it is the growth engine of the future.
Together, KLSS and IGEM represent Malaysia’s determination to lead at home and abroad—to convene, to showcase, and to deliver.
The spirit of shared responsibility
Climate action is not the domain of governments alone. It requires a whole-of-nation approach. Businesses must innovate and invest responsibly. Communities must adopt sustainable practices. Individuals must make everyday choices that respect natural limits.
This is where Merdeka’s legacy speaks to us most powerfully. Independence was secured by collective effort, and climate resilience will be no different. Each contribution—a business advancing clean energy, a community practicing a sustainable lifestyle, a youth championing circular economy initiatives—strengthens the national response.
Crucially, this transition is not only about sacrifice. It is a growth story. New industries such as renewable energy, sustainable finance, green steel and electric mobility will generate jobs, foster innovation and strengthen resilience against global shocks. By embedding sustainability into our economy, we are also embedding competitiveness, adaptability, and long-term security.
We must also recognise that this transition is about justice. Vulnerable communities are often the first to suffer the impacts of climate change. A just transition ensures that no one is left behind, that workers in legacy industries are retrained, and that rural areas share in the opportunities of the green economy. This is not only good policy, it is the moral foundation of true sustainability.
A call to action
As we raise our flags this Merdeka, let us remember: freedom is never a finished project. Each generation renews it through the choices we make and the values we uphold.
The fight against climate change demands the same courage, foresight and unity that once won us independence. It calls for leaders who invest in the long term, industries that innovate with purpose, and communities that act with conviction.
Through RMK-13, our Asean Chairmanship, KLSS, IGEM and the countless community-led efforts taking root across the country, Malaysia is showing it is ready to lead with both ambition and compassion.
This is sustainability the Malaysian way: rooted in our values, powered by our people, and driven by a vision of shared prosperity.
Merdeka has always been about dignity and self-determination. By embracing the challenge of building a green and resilient Malaysia, we are not only safeguarding our independence—we are giving it new meaning.
Corporate Social Responsibility (CSR), Sustainable Development Goals (SDGs) and Environmental, Social and Governance (ESG) are increasingly significant in today’s business world. These frameworks shape how businesses, governments and societies tackle global challenges, such as climate change and poverty.
In Malaysia, they are key to achieving sustainability, working together to drive long-term positive impact.
CSR as a pathway to sustainability
Corporate Social Responsibility (CSR) is a business model where companies voluntarily integrate social, environmental and ethical concerns into their operations. CSR goes beyond profit-making by contributing positively to society and supporting sustainable development. It includes charity work, environmental initiatives, community development and employee welfare. The key aspect of CSR is its voluntary nature, whereby companies engage in these practices because they align with their values, not due to legal obligations.
In Malaysia, CSR has become a crucial part of corporate culture, with businesses contributing to national goals on education, healthcare and environmental conservation, supporting the country’s broader sustainability objectives.
The SDGs: A global framework for achieving sustainability
The Sustainable Development Goals (SDGs), adopted by the United Nations in 2015, consist of 17 global objectives aimed at addressing issues such as poverty, inequality, climate change and environmental degradation by 2030. These goals serve as a universal framework for governments, businesses and civil society to collaborate and drive global sustainability.
In Malaysia, the SDGs have been integrated into national policies, aligning efforts to improve healthcare, reduce poverty and combat climate change. Companies aligning their operations with the SDGs help achieve these global goals, driving long-term economic growth while promoting environmental protection and social equity. By contributing to SDGs, businesses also take important steps toward realising a more sustainable future for the country and the world.
ESG: A tool for sustainable business practices
ESG (Environmental, Social and Governance) is a set of criteria used by investors to evaluate a company’s sustainability practices and ethical impact. ESG focuses on three core areas: environmental (e.g. carbon emissions, waste management), social (e.g. labour practices, community engagement) and governance (e.g. board structure, executive compensation). Unlike CSR, which is internally driven and voluntary, ESG provides measurable and standardised metrics that allow investors to assess a company’s performance in these areas.
As ESG metrics are increasingly incorporated into investment decisions, companies with strong ESG performance are more likely to attract responsible investment, manage sustainability risks and align with global sustainability goals.
In Malaysia, ESG disclosures have become mandatory for publicly listed companies, marking a significant shift toward greater transparency in corporate sustainability and reinforcing its role in achieving national and global sustainability targets.
Sustainability as the overarching goal
Sustainability serves as the guiding philosophy that connects CSR, SDGs and ESG. It refers to meeting present needs without compromising the ability of future generations to meet their own. Sustainability encompasses environmental, economic and social dimensions, ensuring that development is both inclusive and environmentally sound. In business, sustainability requires companies to develop long-term strategies that reduce their environmental impact, support social equity and promote economic prosperity. Sustainability is the framework within which CSR, SDGs and ESG operate.
While each of these frameworks plays a role, they all contribute to the overarching goal of sustainability, ensuring that businesses and nations work toward a balanced future that benefits both people and the planet.
How CSR, SDGs and ESG contribute to sustainability in Malaysia
CSR, SDGs and ESG are not isolated concepts. Rather, they are interconnected and complementary pathways to achieving sustainability. CSR initiatives directly contribute to the SDGs by addressing social and environmental challenges, such as health, education and environmental protection.
For example, many Malaysian businesses are already implementing CSR programmes aligned with SDG 8 (Decent work and economic growth), which support initiatives such as youth skill development and job creation for underserved communities or SDG 4 (Quality education), which focuses on enhancing community education programmes. At the same time, ESG metrics provide businesses with the tools to measure and manage their contributions to sustainability, aligning corporate actions with SDGs.
ESG disclosures help companies assess and report their performance on key sustainability indicators such as climate action (SDG 13), gender equality (SDG 5) and responsible consumption (SDG 12). Companies that perform well in ESG reporting are more likely to contribute to SDG targets, such as reducing carbon emissions and promoting fair labour practices. Sustainability, as the broader framework, encompasses all of these efforts, ensuring that CSR, ESG and SDGs are not just individual objectives but are interconnected components of a holistic approach to achieving long-term societal and environmental well-being. In Malaysia, sustainability is at the core of national policy, guiding efforts to reduce carbon emissions, tackle resource depletion and address social inequality.
The government’s commitment to achieving carbon neutrality by 2050 is a key example of how Malaysia is integrating sustainability into its development agenda. The Bursa Malaysia ESG Reporting Platform and the National Sustainability Reporting Framework (NSRF) play important roles in helping Malaysia integrate CSR, SDGs and ESG to achieve sustainability. The ESG platform, launched in December 2023, requires public listed companies to disclose their ESG performance, ensuring alignment with the SDGs and promoting transparency in corporate sustainability. The NSRF, introduced in September 2024, further strengthens this by guiding companies to adopt standardised sustainability reporting aligned with international standards such as the IFRS Sustainability Disclosure Standards. These frameworks foster accountability, enhance risk management and encourage responsible investment, providing clear benchmarks for measuring progress towards Malaysia’s sustainable development.
In conclusion, CSR, SDGs and ESG are essential drivers of sustainability in Malaysia. With the dedicated ESG Reporting Platform and the NSRF, they collectively support businesses in aligning their operations with global sustainability goals, ensuring long-term growth and societal well-being.
* Dalilawati Zainal is with the Department of Accounting, Faculty of Business and Economics, Universiti Malaya. She may be contacted at dalilawati@um.edu.my
** This is the personal opinion of the writer or publication and does not necessarily represent the views of Malay Mail or this platform.
Since 2020, sustainability has transitioned from a buzzword to a business imperative. Global awareness of environmental, social and governance (ESG) issues has intensified due to a growing recognition of climate change, biodiversity loss, pollution, and social inequality. This evolving landscape is reshaping how businesses operate, pushing them toward more responsible and sustainable models.
While sustainability efforts have traditionally focused on resource-intensive industries such as manufacturing, the services sector must no longer be considered a bystander. Despite its lower direct emissions, this sector plays a significant role in global economic activity and, increasingly, in greenhouse gas (GHG) emissions.
Rethinking the Environmental Impact of Services
The perception that the services sector has a minimal environmental impact due to its intangible nature is outdated. Services encompass diverse activities, from data centres and healthcare to logistics and hospitality—each with varying levels of energy consumption and emissions. Notably, the European Union reports that the services sector accounts for a significant portion – 13.4% of final energy consumption, surpassing even agriculture and forestry when indirect emissions from electricity usage, business travel and supply chains are included.
The rapid digitalisation of economies further amplifies this issue. Data centres, essential for cloud services and artificial intelligence (AI) applications, are significant energy consumers. The World Economic Forum reports that data centres and transmission networks contribute approximately 1% of global energy-related GHG emissions—a figure expected to double by 20261. Consequently, IT service providers and technology companies face increasing pressure to adopt renewable energy and improve energy efficiency.
ESG as a Competitive Imperative
Global regulatory shifts and investor expectations are accelerating the integration of ESG into business strategies. Governments worldwide are introducing stricter policies, including carbon pricing and mandatory sustainability reporting. Simultaneously, investors and financial institutions are increasingly embedding ESG considerations into decision-making processes, favouring companies with robust sustainability commitments.
Furthermore, multinational corporations (MNCs) are raising the bar within their supply chains, requiring partners to align with ESG criteria, including the tracking of Scope 3 emissions. As a result, ESG practices are transitioning from optional value-adds to essential business requirements—especially for companies seeking to collaborate with listed entities or large corporations.
Malaysia’s Growing Emphasis on ESG Integration
In Malaysia, the drive towards ESG is gaining substantial regulatory and institutional support. Bursa Malaysia has mandated ESG reporting for listed companies, moving towards globally recognised frameworks, such as the Task Force on Climate-related Financial Disclosures (TCFD) and International Sustainability Standards Board (ISSB), with the aim of enhancing transparency, comparability, and accountability in sustainability reporting.
Importantly, the implications extend beyond listed companies. Supply chain transparency is now a key reporting requirement, compelling vendors—including small and medium-sized enterprises (SMEs), to provide ESG data. Listed firms are expected to assess their suppliers on factors such as carbon emissions, waste management, labour practices, and governance. Vendors with strong ESG credentials will likely gain a competitive edge, while those lacking compliance risk exclusion from supply chains.
Bridging the ESG Gap for SMEs and Service Providers
Recognising that SMEs in the services sector might face challenges in ESG adoption due to limited resources, Bursa Malaysia introduced the Simplified ESG Disclosure Guide (SEDG). Complementing this effort, MIDA offers the Domestic Investment Accelerator Fund for ESG Adoption (DIAF-ESG). This fund provides matching grants of up to RM500,000 to eligible SMEs and Mid-Tier Companies (MTCs) in manufacturing and selected services until December 2025, supporting crucial activities including validation, certification, ESG disclosures and the adoption of ESG data tracking technologies.
Leveraging ESG Opportunities in the Services Sector
As demand for sustainable services increases, there are clear opportunities for services sector players to lead the way. Companies that proactively develop ESG capabilities—such as reducing energy usage, enhancing labour practices, and improving governance—will find themselves better positioned in the market.
For instance, logistics companies can gain recognition by optimising delivery routes and transitioning to low-emission fleets. IT service providers may enhance their value proposition by ensuring energy-efficient data centres and responsible e-waste disposal. Clients increasingly expect their partners to contribute to their ESG goals—not just comply.
There is also growing investor interest in ESG-aligned businesses. Major institutional investors in Malaysia, such as the Employees Provident Fund (EPF) and Retirement Fund Inc. (KWAP), are setting ambitious ESG targets. EPF aims for a fully ESG-compliant portfolio by 2030 and net-zero carbon emissions by 2050. KWAP, meanwhile, plans to invest RM20 billion in transition assets, including clean technologies and sustainable infrastructure. The government, too, has allocated RM2 billion for energy transition projects, demonstrating its commitment to decarbonising the economy.
The Time to Act Is Now
As Malaysia targets net-zero GHG emissions by 2050, all sectors must contribute meaningfully. While regulatory mandates are tightening, the real motivator is market competitiveness. Businesses that delay ESG adoption risk being left behind as sustainability becomes central to procurement, investment and public trust. Service providers—especially those in supply chains of listed companies—should not wait. ESG readiness is no longer just about compliance; it is a catalyst for innovation, growth, and resilience.
For more information on the Domestic Investment Accelerator Fund for ESG Adoption (DIAF-ESG), please contact the Sustainability Division, MIDA at https://www.mida.gov.my/staffdirectory/sustainability-division/.
Digital Penang CEO Ng Kwang Ming said the launch of the Angel Investment Accelerator Programme is a strategic move to unlock early-stage funding and drive digital growth in the state.
Digital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), on Thursday launched the Angel Investment Accelerator Programme, a landmark initiative aimed at strengthening Penang’s digital economy. This will be done by nurturing a new generation of angel investors and bridging the critical funding gap for early-stage startups. Digital Penang said the launch, held during the MBAN Summit 2025 in Kuala Lumpur, also marked the official exchange of a letter of agreement (LOA) between the two organisations.
The three-month accelerator programme will offer structured training, mentorship, and deal-flow opportunities for both aspiring and existing angel investors. "According to an ongoing MBAN investor survey involving 59 respondents, angel investors in Malaysia have collectively deployed close to RM100 million across 402 startup deals, underscoring the growing influence of private capital in the innovation economy. "The new programme is expected to build on this momentum by significantly increasing both the number of active investors and the total capital deployed in the ecosystem," it said in a statement.
Digital Penang chief executive officer Ng Kwang Ming said the initiative is a strategic move to unlock early-stage funding and drive digital growth in the state. “By building on our partnership with MBAN and nurturing more angel investors, we can unlock funding for early-stage ventures to drive the growth of Penang’s digital economy in the future, and Malaysia’s economy in general,” he added.
MBAN president Peter Wee emphasised the programme’s role in connecting capital with innovation. He said the Angel Investment Accelerator is not just about training, “it is about connecting capital with innovation. We are providing a structured pathway for investors to learn, find, and fund high-potential startups, directly addressing the funding gap for early-stage growth.”
Industry observers say the initiative could catalyse long-term economic benefits by attracting entrepreneurial talent, supporting job creation, and enhancing Malaysia’s competitiveness in the regional digital economy.
US President Donald Trump officially signed an executive order, finalising plans that would see ByteDance, the parent company of TikTok, divest its US operations to investors, both within the US and globally. The deal, as per Vice President JD Vance, values the new US company at US$14 billion (~RM59 billion).
The signing of the executive orders brings a close to a chapter for TikTok, one that started all the way back during Trump’s first term as the US President. “There was some resistance on the Chinese side, but the fundamental thing that we wanted to accomplish is that we wanted to keep TikTok operating, but we also wanted to make sure that we protected Americans’ data privacy as required by law,” Vance told reporters at an Oval Office briefing.
Trump also said that he spoke with Chinese President Xi Jinping, whom he said approved the plans. “I spoke with President Xi,” Trump said. “We had a good talk, I told him what we were doing, and he said go ahead with it.”
Since taking office for the second time, Trump has delayed the TikTok ban several times since 20 January. During the signing, he also said that investors for the US-arm of TikTok include Michael Dell, CEO of Dell Technologies, and Rupert Murdoch, the former chairman of Fox News.
The new executive order also means that ByteDance will hold less than 20% of TikTok US, to comply with the requirements set out in 2024, whereby the platform would shut down by January 2025 if it were not by then.
TNG eWallet has been confirmed as one of the applications that can be used to purchase fuel under the BUDI95 fuel subsidy programme. While the feature is not yet available in the app, it will be rolled out in stages, beginning 27 September 2025 (police and armed forces), 28 September (STR recipients), and finally on 30 September for all Malaysians. According to TNG, the eWallet can be used at all petrol stations, eliminating the need to carry a MyKad for verification each time.
To use the feature, you must first download the TNG eWallet app (if you have not already). Then, complete the verification process by submitting your MyKad details and other required information. Verification is usually instant, but in some cases, it may take up to seven working days.
Once verified, you can check your BUDI95 eligibility and allocation by tapping the BUDI95 icon on the app’s home screen. If the icon is not visible upon the initiative’s rollout date, select More and type “BUDI95” into the search bar to locate it.
Once you have confirmed your verification, you can now purchase fuel through the application, which seems to be a straightforward process. Once the feature is launched on your phone, select or confirm the petrol station, enter the pump number, and choose the desired amount.
Once the payment is successful, a QR code will be generated. The QR code must be presented at the station counter for staff to scan, which will then unlock the pump for you to refuel your vehicle.
As mentioned, TNG eWallet is one of the applications that can be used for the fuel subsidy. Other applications include Setel and CaltexGo. Additionally, MyKad can still be used to verify eligibility for the subsidy.
Malaysia’s property market softened in the first six months of 2025 as transactions volume fell while housing developers withheld launches amid modest sales and rising overhang. Volume slipped 1.3% to 196,232 transactions in the first half when compared to the same period in 2024, according to the National Property Information Centre (Napic) report released on Thursday. Transaction value, meanwhile, rose 1.9% year-on-year RM107.68 billion.
Moving forward, the country’s real estate sector is expected to extend its recovery momentum with the ability to absorb global economic challenges through continued government support, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
“I am confident that all the commitments and incentives implemented by the government will benefit the people while helping to drive the real estate market to achieve stronger performance,” Amir Hamzah said, according to a text of his speech at the report’s launch. The residential sub-sector continued to dominate nationwide activity, recording 120,307 transactions worth RM49.37 billion in the first half, followed by the commercial segment with 21,260 transactions valued at RM24.45 billion.’
Development land and other properties registered 12,234 transactions worth RM10.98 billion while the industrial segment saw 4,148 transactions worth RM14.25 billion, and there were 37,283 agriculture land transactions worth RM8.63 billion. New residential launches fell nearly 46% to 23,380 units while sales performance remained modest at 24%. The overhang of homes worsened, with the number of completed-but-unsold residences rising 16.3% in volume to 26,911 units and 17.9% in value to RM16.44 billion.
However, the overhang situation of serviced apartments improved with 17,883 units unsold, a decline of 8.6% from the end of 2024. The value of overhang properties declined 8.1% to RM14.43 billion when compared to the end of last year. The Malaysian house price index recorded annual growth of 0.7% with the average house price at RM490,376 per unit.
The occupancy rate for business complexes was barely changed at 78.7% while the private purpose-built office segment also held steady at 71.7%.
The 2026 Budget is expected to boost the supply of affordable housing while also driving demand for higher-end properties, according to Juwai IQI co-founder and group chief executive officer Kashif Ansari.
Ansari said the budget sets the stage for a stronger property market, supported by targeted subsidies, major infrastructure investments and growth initiatives under the 13th Malaysia Plan. He said the national spending plan is expected to deliver more affordable housing while also driving stronger demand for luxury properties from inbound tourists and expatriates. "IQI believes the budget measures could lift 2026 residential transaction volumes by 3 to 5 per cent from full-year 2025 levels. First-home and lower mid-market price band buyers will lead the transaction volume boost. "The biggest driver behind these additional transactions will be the RM15 billion of Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (Sara) cash assistance, which will enable families to afford bigger homes," he said in a statement.
For example, he said, a household earning RM3,000 a month can usually afford a home worth about RM209,000, assuming mortgage payments are capped at 30 per cent of income. With an extra RM300 monthly from STR and Sara, that ceiling rises to around RM279,000. Similarly, a family earning RM4,850 per month can stretch its budget from RM339,000 to more than RM408,000 — matching the price of many new affordable homes in urban centres. He added that other measures will also help keep housing affordable, such as lower mortgage borrowing costs following the July overnight policy rate cut to 2.75 per cent.
The government will also continue the Step-Up Financing scheme via Syarikat Jaminan Kredit Perumahan Bhd and maintain the three-year tax relief on mortgage interest for homes priced between RM500,000 and RM750,000, currently available until the end of 2027. "These programmes show why the government's move to shift subsidies from across-the-board programmes that benefit better-off Malaysians to those that target just those who need help is so important. "By putting cash directly into households' hands, the government makes it easier for families to meet housing needs and obtain financial independence," Ansari said.
He said the government's encouragement of investment in high-value sectors like semiconductors, artificial intelligence and renewable energy directly boosts growth in sectors that will be pillars of the economy for the long term. This, in turn, will create better-paying jobs and attract foreign talent, all of which support housing demand across all market segments.
Malaysia's property market hit a decade-high in 2024 with 420,525 transactions worth RM232.3 billion. In the first half of 2025, transactions dipped 1.3 per cent year-on-year, although values rose 1.9 per cent, reflecting firm pricing despite softer volumes. "We expect transactions to grow in the second half of 2025 and in 2026. The major infrastructure investments like the Johor Baru–Singapore Rapid Transit System Link, the Johor–Singapore Special Economic Zone, and MRT3 all support housing demand and new construction. "The market is healthy and resilient, supported by high employment and economic growth," Ansari added.
Telekom Malaysia (TM) and NCT Group of Companies have signed a Memorandum of Collaboration (MoC) to expand smart industrial park solutions across Malaysia. This follows their 2022 agreement for the NCT Smart Industrial Park (NSIP) in Selangor.
The MoC was formalised at the Smart City Expo Kuala Lumpur 2025, with key representatives from both companies present, including TM chief executive officer Amar Huzaimi Md Deris, product and innovation vice president Noorhanida Su’ib, chief corporate officer Nor Fadhilah Mohd Ali, chief commercial officer Shanti Jusnita Johari, independent non-executive directors Tunku Alina Raja Muhd Alias and Datuk Bazlan Osman, enterprise business vice president Megawati Norhashim, marketing general manager Shamsul Shaari, NCT Group founder and group managing director Datuk Seri Yap Ngan Choy and sales and marketing general manager Simon Chan.
TM will provide advanced connectivity, smart solutions, cloud and ICT services to enhance NCT Group’s operations, particularly at developments like NCT Innosphere in Kedah. The partnership aims to position NCT Group's Smart Industrial Parks as investment hubs, driving economic growth, sustainability and digital adoption.
“This partnership reflects TM’s role not just as a connectivity provider but as the enabler of smart industrial ecosystems. With our Vision AI, Intelligent Operations Centre, intelligent building management systems and other smart solutions, we are powering NCT’s Smart Industrial Parks into fully integrated, future-ready hubs for businesses and communities,” said Amar.
“Our first undertaking with TM established a clear direction to redefine Malaysia’s industrial park landscape, with the goal to create a national model for smart, sustainable and digitally driven industrial growth. As a result, NSIP today is well on its way to becoming a competitive regional hub for high-value industries, innovation-led enterprises and global investors aligned with the Malaysia Smart City Framework,” said Yap.
NSIP features high-speed fibre connectivity, public 5G coverage, IoT-enabled networks and an AI-powered security system, making it one of Malaysia’s most advanced industrial hubs. Located in the Integrated Development Region in South Selangor (IDRISS), NSIP aims to set new standards for economic resilience through smart technologies and green solutions.
All new customers get up to RM50 in discount vouchers for a limited period
TUULYN is making fresh groceries and everyday essentials more accessible than ever with the soft launch of its new online grocery platform, www.tuulyn.com, and the opening of its third Tuulyn Market store at Parklane OUG. These twin initiatives reinforce TUULYN’s mission to serve its customers better, both digitally and in-store.
“This is a significant step for us as we continue to grow in Malaysia and evolve to meet the grocery and fresh food needs of our customers,” said Mr Thananjayan Rajandiran, Operations Manager, Tuulyn Malaysia. “Our goal has always been to deliver the freshest products with unparalleled convenience, and the best everyday value prices; these two milestones allow us to do that on a much wider scale. We are thrilled to bring the Tuulyn experience to more homes across Klang Valley and look forward to meeting Malaysian's grocery needs everyday.”
To mark this expansion, TUULYN is offering up to RM50 in grocery discount vouchers* for early registrants who create an online account. Customers can redeem these vouchers across a wide selection of products, making their first online shopping experience with Tuulyn even more rewarding.
The new online store brings a growing selection of over 4,500 local and imported products, including artisanal marinated meats, satay, and burger patties; cut and fresh fruits; freshly baked pastries, cakes, and snacks; chilled beverages; and TUULYN’s signature fried chicken straight to customers’ doorsteps.
Online shoppers can now experience the same quality, freshness, and selections enjoyed in-store – but with the convenience of browsing and ordering from home. More items will be added in the coming weeks, with customers looking forward to enjoying great value prices all year long. Adding to this is lower delivery fees and freshness assurances paired with live customer service for a refreshing approach to groceries in the Klang Valley.
The delivery service currently covers key neighbourhoods within the Klang Valley from Cheras to Klang, Kuala Lumpur, Shah Alam, Petaling Jaya, Damansara, Taman Tun Dr Ismail, Hartamas, Bandar Utama, Tropicana, Kelana Jaya, Subang Jaya, Puchong, and most other large communities and townships. Additional areas and stores are being planned for opening in the near future, ensuring that customers across these communities have convenient access to TUULYN’s premium grocery experience.
Third Store in Growing Chain of Tuulyn Markets
Meanwhile, TUULYN’s new Parklane OUG store expands the brand’s physical footprint in the Klang Valley, joining the Kota Damansara and Edumetro@USJ1 outlets. Easily located by searching for TUULYN on Google Maps (or by looking at the footer of the website on www.tuulyn.com for maps), the stores are strategically located to serve busy households, young professionals, senior citizens, businesses and families. The new store offers a warm, modern shopping experience designed for speed, convenience, value, and everyday freshness.
_________________________________________________________________________
Be Among the First to Shop Online*, and Enjoy up to RM50 on Us
Sign up at www.tuulyn.com today to receive up to RM50 in free grocery vouchers when the platform officially launches.
Upon signing up, customers can see the available discounts by checking the PROMO CODE section under the ACCOUNT section of the website.
Visit https://www.tuulyn.com/ or follow TUULYN’s Facebook and Instagram for exclusive previews, fresh product drops, sales, freebies, and digital launch updates.
At 75, many would have slowed down, but for master blacksmith Yong Ah Kow, age is just a number as he continues to hammer and solder metal into kitchenware at his century-old family shop along Jalan Hang Kasturi here.
Despite his silver hair and advancing years, Yong’s hands remain steady as he hammers stainless steel into shape, this time turning sheets of metal into a multi-tiered steamer ordered by customers for making ‘putu piring’ (steamed rice cake filled with palm sugar).
The Melaka-born craftsman, who resides in Batu Berendam, has been keeping this family legacy alive since his early 20s. “For over five decades, my workshop has supplied pots, ladles, ice containers and other kitchen tools to hawkers and households alike. “Things are very different now compared to the past. When I was younger, I could work faster and produce more, but now I only take orders within my capacity because of my age. “Everything is still made manually without machines,” said the father of three, whose children have chosen different career paths.
Yong said that most of his customers are locals, particularly small traders who prefer customised tools. The time needed to complete each order depends on the size and type of metal used. “Even for soldering, I still use the old method by heating on a charcoal stove, without electricity. That’s why the work takes more time,” he said, showing the simple tools he has relied on for decades. Rising prices of raw materials such as stainless steel, aluminium and copper have not dampened his determination to maintain quality. Each piece, he insists, must meet the standards his loyal customers expect.
Working with fire and sharp tools often leaves Yong’s hands nicked and scarred, but he shrugs it off as part of the job. “If you’re careless, it’s easy to get injured. That’s why you must always be careful and focused. Over time, you get used to the pain,” he said.
What truly drives him, Yong added, is passion. Without it, he believes, few would have the patience or resilience to continue this demanding craft. “I’ll keep working as long as I have orders and the strength to do it. Unfortunately, I don’t have anyone to inherit this trade because my children are not interested. “They see the job as rough and dangerous,” he said, adding that he has no plans to retire despite working alone most of the time.
From dawn to dusk, the rhythmic clang of Yong’s hammer remains a familiar sound along Jalan Hang Kasturi, a reminder of Melaka’s living heritage, preserved by one man’s steadfast hands.