The celebration of Bihar Diwas in Malaysia highlighted the art, craft, music, and culture of Bihar, uniting the Indian diaspora. The event marked the connection between generations and aimed to preserve Bihar’s rich heritage. The Indian High Commission praised the initiative, emphasizing the significance of cultural roots and promoting tourism in Bihar. The Bihar community in Malaysia takes pride in their traditional values and celebrates Bihar’s cultural richness. Read more for details.
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McDonald’s Malaysia has taken legal action against the Boycott, Divestment and Sanctions (BDS) Malaysia movement for allegedly making false and defamatory statements that have harmed its business. The company is seeking damages amounting to 6 million ringgit. Malaysia, being a majority-Muslim country, has seen boycott campaigns against Western fast-food brands due to their perceived association with Israel. McDonald’s Malaysia has filed the lawsuit to protect its rights and interests.
US and European firms are redirecting their investments away from China to other developing markets, with India being the top recipient. This shift highlights concerns over China’s business environment, economic recovery, and politics that weigh on the minds of foreign investors. The value of US and European greenfield investment in India has increased significantly, while investment in China has significantly reduced. While diversification is underway, it will take years for advanced economies to achieve their objectives of reducing exposure to China due to its crucial position in global supply chains.
