TMR Media has ceased the print edition of The Malaysian Reserve . Its last publication was 29 April.
Group editor and MD, Mohamad Azlan Jaafar, said in a statement on its website: “Like in many parts of the world, the newspaper industry in Malaysia is not shielded from similar challenges. Dwindling circulation, high newsprint prices, low ad revenues and digital migration have made the printing of a niche newspaper such as The Malaysian Reserve in its current form no longer viable from the cost and revenue perspectives.”
Mohamad Azlan also said that the pandemic added another severe challenges to the already difficult business environment.
“Content and news creation, like the production of any product, is a business that requires substantial revenues,” he said.