Business
12,000 Marriott suppliers in Singapore, Malaysia, Indonesia to get same-day invoice financing by OCBC
The partnership gives the hospitality group’s SME suppliers quick and seamless access to capital, and enables them to be more sustainable…
Tag
Malaysia
News
Chinese court orders Malaysia Airlines to pay US$3.3m in compensation over missing MH370 plane
A Beijing court has ordered Malaysia Airlines to pay some families of missing passengers onboard flight MH370 a total of US$3.28 million…
Unsorted
Singapore, Malaysia to ramp up cross-border taxi quota to 500 per country
Foreign taxis will be allowed to drop off passengers anywhere outside their home country Singapore and Malaysia will gradually increase…
Business
Malaysia palm oil reserves seen at six-year high as exports slump
Palm oil stockpiles in Malaysia surged to the highest in more than six years as exports dropped in November, according to a survey.…
Business
Intel to invest additional RM860 million in Malaysia, PM says
Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in…
Business
Genting Malaysia to stay listed after privatisation bid flops
Genting Malaysia will remain listed after Genting said that it secured a 73.13 per cent stake in its offer to take its Malaysian unit…
Business
Genting’s New York casino licence buffers risks in Malaysia
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds Genting Group won a coveted New York…
Business
Starbucks Malaysia operator sees business rebound after boycotts
The company is also preparing to expand in Nordic countries, where it has the rights to the brand The operator of Starbucks in Malaysia…
Lifestyle
Russian Toddler Dies After Jellyfish Sting at Beach in Malaysia
A two-year-old Russian boy who was stung by a jellyfish at Langkawi's Chenang Beach last Saturday has died at a local hospital this…
Unsorted
Malaysia palm oil output to meet forecast despite monsoon season, says SD Guthrie
The arrival of the monsoon season has raised concerns about potential disruptions to Malaysian palm oil production over the next two…
Business
IOI Properties eyes Reit listings in Malaysia, Singapore, with assets of US$8 billion
Malaysia’s IOI Properties Group is exploring two real estate investment trust listings in Malaysia and Singapore, with a combined asset…
Business
IOI Properties eyeing Reit listings in Malaysia and Singapore: sources
Malaysia’s IOI Properties Group is exploring two real estate investment trust (Reit) listings in Malaysia and Singapore, with a combined…
Business
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank…
Business
Malaysia holds key rate as economy proves resilient to tariffs
MALAYSIA kept interest rates unchanged as the central bank remained confident that the economy can weather US tariffs without the rate…
Business
Clip of fire on Malaysian light rail generated with AI help
There have been no fires on the light rail transit (LRT) system in Malaysia's capital Kuala Lumpur in November, its operator said,…
News
Trafigura floods LME Malaysia warehouses with aluminium: sources
LME aluminium stocks at Port Klang jump nearly 100,000 tonnes on Oct 30 to 366,850 tonnes Trafigura delivered large quantities of…
Business
Eni, Petronas merge Indonesia, Malaysia assets in joint venture
The new entity, NewCo, will manage 19 assets, 14 in Indonesia and five in Malaysia Italy’s Eni and Malaysia’s state energy company…
Business
Malaysia bets on mix of solar and gas as it shifts away from coal
The cost-per-unit for solar is actually much cheaper than gas and coal, says TNB CEO Megat Jalaluddin Malaysia will focus on a mix of…
Business
Australia’s Lynas reveals plan to build new rare earth facility in Malaysia
Australia’s Lynas Rare Earths said on Wednesday (Oct 29) that it would set up a new heavy rare earth separation facility in Malaysia for…
Business
CapitaLand Malaysia Trust Q3 DPU up 3.7% at 1.11 sen on higher contributions across portfolio
CapitaLand Malaysia Trust (CLMT) on Wednesday (Oct 22) posted a distribution per unit (DPU) of 1.11 sen for its third quarter ended Sep…
Business
Singapore grants conditional approval to import Sarawak hydropower; companies studying new 2GW energy link with Malaysia
The deals contribute to Singapore’s plans to import 6 GW of clean power by 2035 The Republic and Malaysia on Friday (Oct 17) announced…
Business
Malaysia central bank says it will transition to transaction-based benchmark market rates
Malaysia’s central bank said on Thursday that it will transition from the Kuala Lumpur Interbank Offered Rate (KLIBOR) to the Malaysia…
Business
UOBKH’s ‘conviction’ stock picks eye rotation to non-tech in China, bets on laggards in Malaysia
The brokerage advises investors to bank profits on Chinese tech giants and pivot to undervalued plays as markets consolidate As the third…
Business
UOBKH’s conviction calls eye rotation to non-tech in China, bets on laggards in Malaysia
The brokerage advises investors to bank profits on Chinese tech giants and pivot to undervalued plays as markets consolidate As the third…