18 July 2022 (Monday): Celebrating its 84th year in business, Kluang Rail Coffee was today  officially inducted into the Malaysia Book of Records as the oldest railway kopitiam in  Malaysia. 

The recognition was made official today at a certificate presentation ceremony held at its  very first outlet at the Kluang railway station which opened in 1938 in Jalan Stesen, Kluang,  Johor. 

Kluang Rail Coffee is a family business which started operations in the early years of World  War 2 and has withstood the challenges that came with then Malaya’s occupation by the  English and Japanese forces. While a new railway station in Kampung Masjid Lama today  takes care of the commuting needs of residents, the original station, built in 1909, continues to be maintained as a heritage building and with the presence of Kluang Rail  Coffee, has become synonymous with being a very popular historical tourist attraction in the  district of Kluang. 

Kuala Lumpur, Malaysia – Philips Domestic Appliances has unveiled insights gathered from usage data of the Philips NutriU app, which saw downloads increasing exponentially during the height of the pandemic, from 2020 to 2021. The recipe platform, which is paired with the Philips Airfryer, has over 240,000 users across eight countries in Asia Pacific (APAC), including Malaysia, Australia, Indonesia, New Zealand, Singapore, South Korea, Thailand and Vietnam. The data revealed that healthy recipes gained traction among Philips Airfryer users, which reflected the attitudes and behaviour around healthy cooking during the pandemic. More than a third of users (36.29%) in APAC were males; this statistic goes up to 40.76% percent in Malaysia. 

KUALA LUMPUR, July 20 (Bernama) -- IJM Corporation Berhad (“IJM”), via its wholly-owned subsidiary, Fairview Valley Sdn Bhd (“Fairview Valley”), have today entered into a subscription agreement with CIMB Investment Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB”) for its proposed inaugural RM360.0 million nominal value Sukuk Murabahah to be issued under an Islamic Medium Term Notes Programme based on the Shariah-principle of Murabahah (via Tawarruq arrangement) (“Sukuk Murabahah Programme”). CIMB acted as the Sole Lead Arranger, Sole Lead Manager and Sole Shariah Adviser for the Sukuk Murabahah Programme, which will also be fully subscribed by CIMB.
 
In addition to being Fairview Valley’s inaugural Sukuk Murabahah issuance, the transaction incorporates sustainability-linked features with pre-agreed targets. The transaction’s terms include features such as energy and water efficiency performance indicators and renewable energy composition of the assets. Profit rebates will be granted should Fairview Valley achieve these targets, thus lowering the overall cost of financing whilst also advancing sustainability practices.