malaysia

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

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.

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.

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

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.

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

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.

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.

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

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
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