Malaysia tackles food costs as CATL launches 2025’s largest IPO and Foxconn responds to global trade tension.
🇲🇾 Malaysia News
Bernas, Malaysia’s national rice supplier, has reduced the price of imported white rice to RM2,600 per tonne effective today. The government sees this as a vital move to ensure food affordability and strengthen supply diversification.
🌍 International News
CATL, China’s EV battery maker, is preparing for a US$4 billion IPO in Hong Kong, pricing at the top end of its range. The listing, the largest of 2025 so far, comes amid high investor interest despite geopolitical frictions.
🌏 Asia News
Foxconn, the major iPhone and AI chip supplier, has revised its full-year forecast downward. The move reflects broader caution as global tech firms adapt to new US tariffs and supply chain volatility.
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