16/01/2025
˻ ͒͗ ˜ ͓͓͖͑
K >WK ' K ħبÐÛº
18
BIZ & FINANCE
Malaysian Paper
OØjÌ۲РÌäÌÐÐ ©ØÐ ĝ¿Éº ¿¿ÌĞ É¿´©ç
¿ÛÌØ ¨j´ØÐ Ðj´Ð ¿ ĝ Ûj© ¨¿¿´jØĞ ¹j ¿ÛØÐ© W #&3-*/ " (FSNBO DPVSU IBT CBOOFE B EJTDPVOU TVQFSNBSLFU DIBJO GSPN TFMMJOH B WFSTJPO PG i%VCBJ DIPDPMBUFw NBEF PVUTJEF UIF &NJSBUJ DJUZ BDDPSEJOH UP B SVMJOH TFFO CZ "'1 PO 5VFTEBZ %VCBJ DIPDPMBUF GJMMFE XJUI QJTUBDIJP QBTUF BOE UIJO QBTUSZ CFDBNF B WJSBM TFOTBUJPO PO TPDJBM NFEJB QMBUGPSNT TVDI BT 5JL5PL XJUI TPNF WJEFPT SBDLJOH VQ UFOT PG NJMMJPOT PG WJFXT 5IF TPVHIU BGUFS DIPDPMBUF CBST TQBSLFE NBTT SVOT PO TIPQT MBTU ZFBS BOE IBWF SFTPME GPS IVOESFET PG FVSPT POMJOF BGUFS TFMMJOH PVU JO TUPSFT 5IF $PMPHOF DPVSU SVMJOH XIJDI DBO CF BQQFBMFE GPMMPXFE B DPNQMBJOU CSPVHIU CZ CVTJOFTTNBO "OESFBT 8JMNFST XIP JNQPSUT i%VCBJ DIPDPMBUFw GSPN UIF (VMG DJUZ JUTFMG )F DPNQMBJOFE UP UIF DPVSU BCPVU TVQFSNBSLFU DIBJO "MEJ 4VFE TUPDLJOH i"MZBO %VCBJ )BOENBEF $IPDPMBUFw XIJDI JT BDUVBMMZ QSPEVDFE JO 5VSLJZF 4JEJOH XJUI 8JMNFST UIF DPVSU SVMFE UIBU iUIF BWFSBHF DPOTVNFS XPVME UBLF A%VCBJ )BOENBEF $IPDPMBUF BT UIF QISBTF BQQFBST UP NFBO UIBU UIF DIPDPMBUF XBT NBOVGBDUVSFE JO %VCBJw i5IF A0SJHJO 5VSLFZ MBCFM PO UIF SFWFSTF TJEF JT OPU TVJUBCMF UP DMFBS VQ UIJT NJTVOEFSTUBOEJOHw JU BEEFE QPJOUJOH UP JUT QPTJUJPO BOE iTNBMM GPOU TJ[Fw 5IF DPVSU BMTP PSEFSFE "MEJ 4VFE UP QBZ DPTUT 8JMNFST TBJE IF XBT BMFSUFE UP WBSJPVT JNJUBUJPO QSPEVDUT BGUFS DVTUPNFST IBE TUBSUFE DPNQMBJOJOH BCPVU UIF UBTUF PG UIF USFBUT i*G ZPV TFF A%VCBJ )BOENBEF $IPDPMBUF PO B DIPDPMBUF CBS UIBU JT BDUVBMMZ NBTT QSPEVDFE JO 5VSLJZF UIBU JT TJNQMZ VOBDDFQUBCMFw IF UPME "'1 BEEJOH UIBU IF UIJOLT XPSEJOH TVDI BT i %VCBJ TUZMF PS TPNFUIJOH BMPOH UIPTF MJOFT XPVME CF GJOFw o "'1 ´çj j´ Ø¿ ¿Ì Ì ©ÌÛÐ ŘŘŕº¿ ±ØÐĚ O¿ÛÌ %6#-*/ 4BVEJ CVEHFU BJSMJOF GMZBEFBM JT GJOBMJTJOH B EFBM UP PSEFS "JSCVT " OFP KFUT JO JUT GJSTU GVMM CMPXO FYQBOTJPO JOUP XJEF CPEZ QMBOFT BT UIF LJOHEPN QVSTVFT B TVSHF PG TQFOEJOH PO BWJBUJPO JOEVTUSZ TPVSDFT TBJE 5IF MPX DPTU TVCTJEJBSZ PG TUBUF DBSSJFS 4BVEJB JT MJLFMZ UP BOOPVODF UIF PSEFS GPS UIF VQHSBEFE " WBSJBOU JO UIF DPNJOH XFFLT BGUFS DPNQBSJOH JU XJUI #PFJOH T TNBMMFS BOE UIF GJSTU KFUT BSF FYQFDUFE UP BSSJWF JO UIF TPVSDFT TBJE "O PSEFS GPS " T XPVME CF XPSUI TPNF 64 CJMMJPO 3. CJMMJPO BGUFS UZQJDBM EJTDPVOUT BDDPSEJOH UP FTUJNBUFE EFMJWFSZ QSJDFT GSPN $JSJVN "TDFOE "JSCVT OP MPOHFS QVCMJTIFT DBUBMPHVF QSJDFT 'MZBEFBM IBT BMTP OFHPUJBUFE QVSDIBTF SJHIUT GPS BO BEEJUJPOBM " OFPT UIF TPVSDFT TBJE " QVSDIBTF SJHIU MPDLT JO QSJDFT XJUIPVU TQFDJGZJOH EFMJWFSZ EBUFT BOE DBO CF IFME GPS MPOHFS UIBO BO PQUJPO XIJDI JODMVEFT QSJDFT BOE EFMJWFSZ TMPUT 5IF EFBM DPNFT BGUFS 3FVUFST GJSTU SFQPSUFE MBTU +VOF UIBU +FEEBI CBTFE GMZBEFBM XBT TUVEZJOH BO PSEFS GPS CFUXFFO BOE XJEF CPEZ KFUT UP BEE OFX EFTUJOBUJPOT BOE DBSSZ NPSF QBTTFOHFST JOUP BJSQPSU TMPU DPOTUSBJOFE NBSLFUT TVDI BT %VCBJ 4BVEJ "SBCJB T BWJBUJPO TFDUPS JT FYQBOEJOH BT UIF LJOHEPN JOWFTUT CJMMJPOT PG EPMMBST JO JUT 7JTJPO QMBO UP EJWFSTJGZ JUT FDPOPNZ BXBZ GSPN GPTTJM GVFMT o 3FVUFST
5IF .JEUPXO CSBODI XBT FRVJQQFE XJUI B TJOHMF UPJMFU GJUUFE XJUI B OVNFSJDBM MPDL XJUI B TUFBEZ TUSFBN PG QFPQMF VTJOH UIF GBDJMJUZ BGUFS PCUBJOJOH UIF DPEF GSPN TUBGG i#VU JG QFPQMF GPMMPX UIF SVMFT JU TIPVME CF CFUUFSu UIF CBSJTUB BEEFE TVHHFTUJOH UIF QPMJDZ XPVME NBLF MJGF FBTJFS GPS TUBGG "U BOPUIFS MPDBUJPO B GFX CMPDLT BXBZ BO FNQMPZFF TBJE iJU T GJOFu GPS OPO QBZJOH WJTJUPST UP VTF UIF SFTUSPPN BOE UIF DBGF TFBUJOH BSFB BQQBSFOUMZ VOBXBSF PG UIF OFX QPMJDZ 4UBSCVDLT DVTUPNFS /PFMMF %FWPF TQFDVMBUFE PO 9 UIBU UIF QPMJDZ XPVME OPU CF VTFE BHBJOTU iDPMMFHF LJET PS QSPGFTTJPOBMTu i*U MM KVTU CF B XBZ GPS UIFN UP LJDL PVU UIPTF UIFZ GFFM BSF VOEFTJSBCMF u TIF TBJE 4UBSCVDLT QPTUFE B EFDMJOF JO HMPCBM OFU SFWFOVF GPS UIF GPVSUI RVBSUFS ZFBS PO ZFBS UP 64 CJMMJPO 3. CJMMJPO JO 0DUPCFS 5IF SFTVMUT TIPXFE UIBU TBMFT BSF DPOUJOVJOH UP GBMM BT UIF OFX $&0 WPXFE B TUSBUFHJD PWFSIBVM UP UVSO UIF DPNQBOZ BSPVOE 5IF DBGGFJOBUFE HJBOU DMBJNT JO JUT DPSQPSBUF NPUUP UP CF iOVSUVSJOH UIF IVNBO TQJSJU POF OFJHICPVSIPPE BU B UJNFu m "'1
GSBVHIU POF GPS 4UBSCVDLT XJUI UIF JTTVF UISVTU JOUP UIF TQPUMJHIU JO XIFO UXP CMBDL NFO XFSF SFGVTFE BDDFTT UP B CSBODI CBUISPPN XIJMF UIFZ XBJUFE GPS B GSJFOE 8IFO UIFZ TBU JO UIF 1IJMBEFMQIJB MPDBUJPO T TFBUJOH BSFB XJUIPVU PSEFSJOH TUBGG DBMMFE UIF QPMJDF TQBSLJOH B 13 EJTBTUFS 5IF NFO XFSF BSSFTUFE CVU OFWFS DIBSHFE 'PMMPXJOH UIF EFCBDMF 4UBSCVDLT BEPQUFE BO iPQFO CBUISPPNu QPMJDZ NFBOJOH JUT SFTUSPPNT m BU UIF DBGFT UIBU IBE UIFN m XPVME CF PQFO UP BMM #VU JO JOUFSJN DIJFG FYFDVUJWF )PXBSE 4DIVMU[ TBJE UIF QPMJDZ NJHIU IBWF UP FOE PXJOH UP TBGFUZ JTTVFT GSPN QFPQMF XJUI NFOUBM IFBMUI QSPCMFNT i8F IBWF UP IBSEFO PVS TUPSFT BOE QSPWJEF TBGFUZ GPS PVS QFPQMF u 4DIVMU[ TBJE BU UIF UJNF i* EPO U LOPX JG XF DBO LFFQ PVS CBUISPPNT PQFO u *O POF CVTZ .BOIBUUBO MPDBUJPO XIFSF UIF QPMJDZ XBT OPU ZFU EJTQMBZFE PO UIF EPPS BT QMBOOFE B CBSJTUB XIP EFDMJOFE UP CF OBNFE TBJE i1FPQMF BSF TUJMM HPOOB USZ BOE HP JO UIFSF m UIF IPNFMFTT PG DPVSTF m UIBU T GPS TVSF u
/&8 :03, 4UBSCVDLT IBT TUJSSFE UIF DPGGFF QPU CZ SFWFSTJOH B QPMJDZ UIBU BMMPXFE BOZPOF UP VTF JUT CBUISPPNT XJUI UIF 64 QVCMJD XBSOFE UIFZ XJMM OFFE UP CVZ TPNFUIJOH PS HFU PVU *O B OFX DPEF PG DPOEVDU JTTVFE PO .POEBZ UIF IPU ESJOL CFIFNPUI UIBU CPBTUT SFUBJM TUPSFT JO NBSLFUT TBJE JU XBOUFE iUP FOTVSF PVS TQBDFT BSF QSJPSJUJTFE GPS VTF CZ PVS DVTUPNFSTu 5IBU JODMVEFT UIF DIBJO T DBGFT QBUJPT BOE SFTUSPPNT BDDPSEJOH UP UIF QPMJDZ XIJDI 4UBSCVDLT OPUFE JT TPNFUIJOH NPTU SFUBJMFST FOGPSDF 64 SFUBJMFST MJLF 4UBSCVDLT UIBU CJMM UIFNTFMWFT BT B TP DBMMFE iUIJSE TQBDFu m B HBUIFSJOH QMBDF PVUTJEF UIF IPNF PS PGGJDF m GBDF B EJMFNNB JO B DPVOUSZ XIFSF QVCMJD SFTUSPPNT BSF TQBSTF 5IF RVFTUJPO PG CBUISPPN BDDFTT IBT CFFO B ÓÝÓÞÙÜÝ ÜÏÛßÓÜÏÎ ÞÙ ×ËÕÏ ÚßÜÍÒËÝÏ ÓÐ ÞÒÏã áËØÞ ÞÙ ÝÞËã
People sitting inside of a Starbucks in New York City. – AFPPIC
jºj ©jº ©ºÐÛÌÌÐ j Ì¿Ì ¿ÐØÐ Ì¿¹ æØÌ¹ åjØ¨Ì 055"8" %BNBHF GSPN FYUSFNF XFBUIFS JO $BOBEB MBTU ZFBS QVTIFE UIF CJMM GBDJOH JOTVSFST UP BO VOQSFDFEFOUFE $ CJMMJPO 3. CJMMJPO UIF *OTVSBODF #VSFBV PG $BOBEB TBJE &WFOUT UIBU DBVTF TJHOJGJDBOU EFTUSVDUJPO iBSF FTDBMBUJOH BU B TIPDLJOH SBUF BOE $BOBEB JT TJNQMZ OPU QSFQBSFEw TBJE $FMZFTUF 1PXFS QSFTJEFOU PG UIF *#$ BO JOEVTUSZ BTTPDJBUJPO SFQSFTFOUJOH $BOBEJBO JOTVSFST EFTUSVDUJWF TFBTPO JO $BOBEJBO IJTUPSZ GPS JOTVSFE MPTTFT EVF UP XJMEGJSFT GMPPET BOE IBJMTUPSNT w UIF HSPVQ TBJE JO B TUBUFNFOU *O +VMZ BOE "VHVTU BMPOF iGPVS DBUBTUSPQIJD XFBUIFS FWFOUTw DBVTFE NPSF UIBO $ CJMMJPO JO MPTTFT JU TBJE 5IPTF JODMVEFE B XJMEGJSF JO +BTQFS /BUJPOBM 1BSL JO UIF $BOBEJBO 3PDLJFT BOE GMBTI GMPPEJOH JO 5PSPOUP DMJNBUF DIBOHF JT JODSFBTJOH UIF TFWFSJUZ PG FYUSFNF XFBUIFS FWFOUT 5IF 64 DJUZ PG -PT "OHFMFT JT DVSSFOUMZ CBUUMJOH EFBEMZ XJMEGJSFT UIBU IBWF EFTUSPZFE UIPVTBOET PG CVJMEJOHT BOE GPSDFE UFOT PG UIPVTBOET UP GMFF UIFJS IPNFT
i"T XF XBUDI UIF EFWBTUBUJOH XJMEGJSFT JO $BMJGPSOJB XIFSF JOTVSBCJMJUZ PG IPNFT JT BU SFBM SJTL $BOBEB T QSPQFSUZ JOTVSFST BSF SBJTJOH UIF BMBSN UIBU SFHJPOT PG $BOBEB DPVME QPUFOUJBMMZ GBDF TJNJMBS DIBMMFOHFT w UIF *#$ TBJE *OTVSBODF DPWFSJOH XJMEGJSFT SFNBJOT XJEFMZ BWBJMBCMF JO $BOBEB CVU UIF DPTU PG UIBU DPWFSBHF DPVME DPOUJOVF UP SJTF JU TBJE o "'1
1SFWJPVTMZ UIF NPTU DPTUMZ ZFBS GPS $BOBEJBO JOTVSFST XBT XIFO B NBTTJWF XJMEGJSF JO BO "MCFSUB PJM SFHJPO DPOUSJCVUFE UP JOTVSFE EBNBHF DPTUT PG $ CJMMJPO "DSPTT UIF XPSME FYDFTT IFBU DBVTFE CZ
5IF *#$ TBJE UIF JOTVSFE EBNBHF FTUJNBUF GPS XBT UJNFT IJHIFS UIBO UIF BOOVBM BWFSBHF PG $ NJMMJPO SFDPSEFE GSPN UP i5IF TVNNFS PG TUBOET PVU BT UIF NPTU
Made with FlippingBook Digital Publishing Software