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Malaysia
Khazanah asset sales set to pick up
Units within UEM Group could be next to be divested as sovereign wealth fund rejigs portfolio and raises cash
June 28, 2019
Malaysia
Meeting did not discuss transition of power — Dr Mahathir
KUALA LUMPUR (June 24): Prime Minister Tun Dr Mahathir Mohamad said there was no discussion on the issue of transition of power during his meeting with Datuk Seri Anwar Ibrahim today.
June 25, 2019
Deals, joint ventures & alliances
Synagie partners Malaysian government to accelerate e-commerce
SINGAPORE (June 24): Synagie Corporation, which assists brands execute their e-commerce strategies using its cloud-based platform, is in a partnership with the Malaysian government to accelerate e-commerce adoption and drive cross-border e-commerce.
June 24, 2019
Management & Corporate Governance
Jeffrey Ong faces 13 more charges; bail denied
SINGAPORE (June 24): Jeffrey Ong Su Aun might be the managing director of law firm JLC Advisors. But as details of his escape to Malaysia were revealed, it would not have been difficult to imagine the 41-year-old as a character in a novel by his namesake
June 21, 2019
Malaysia
Malaysia sees trade diversion cushioning impact of tariff wars
(July 18): Malaysia’s central bank, which has already downgraded its economic growth outlook for this year amid an escalating trade war, sees a partial offset as companies shift operations from China to sidestep higher US tariffs.
June 18, 2019
Malaysia
Malaysia's 2018 debt, liabilities down 3.9 ppts y-o-y in proportion to GDP, says Guan Eng
KUALA LUMPUR (June 2): Notwithstanding a rise in direct government debt, Malaysia's overall debt and liabilities in 2018 dropped 3.9 percentage points (ppts) to 75.4% of the country's gross domestic product in 2018, versus 79.3% in 2017, following
June 03, 2019
Currencies
Why Singapore, Malaysia, Vietnam were added to US currency watchlist
SINGAPORE (May 29): The US Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny.
May 29, 2019
Contracts
Nam Cheong wins up to $43 mil in chartering contracts
SINGAPORE (May 29): Nam Cheong, the Malaysia-based builder of OSVs (offshore support vessels), says subsidiary SKOSV Sdn Bhd has clinched long-term chartering contracts for three OSVs worth RM80 million ($26.4 million) with Malaysian oil majors.
May 29, 2019
Malaysia
Malaysia's transport minister Loke has made significant changes a year on, but more difficult tasks lie ahead
(May 20): Malaysia’s Transport Minister -Anthony Loke Siew Fook offers us a firm handshake as he gets off the escalator at the swanky hotel in downtown Kuala Lumpur where we are meeting him for an interview. He looks unassuming, serious, quiet even, for
May 20, 2019
Palm oil
Greater transparency required to curb deforestation in Malaysia
SINGAPORE (May 13): While the proposal by Teresa Kok, Malaysia’s minister of primary industries, to cap oil palm plantations in Malaysia at 6.5 million hectares by 2023 grabbed headlines in March, some environmentalists were uncomfortable with the targe
May 13, 2019