Malaysia Morning News For January 29

Malaysia Morning News For January 29

Malaysia’s Sime Darby mulling sale of stake in $1.7b Papua New Guinea arm Sime Darby Plantation Bhd., Malaysia’s biggest listed palm oil producer, is exploring a sale of a minority stake in its Papua New […]

Malaysia Morning News For January 26

Malaysia Morning News For January 26

Malaysia’s central bank taps the brakes, raises key rate Malaysia’s central bank on Thursday became the first in Southeast Asia to raise a key interest rate in years, moving to tap the brakes and “normalize” […]

Malaysia Morning News For January 25

Malaysia Morning News For January 25

Inflation up 3.5% on higher fuel costs Malaysia’s inflation rate rose 3.5% in December 2017 in line with expectations, as transport costs climbed on higher fuel prices but for 2018, analysts are expecting the impact […]

Malaysia Morning News For January 24

Malaysia Morning News For January 24

Invest Malaysia 2018 – selling the story of economic resilience and strong fundamentals Invest Malaysia 2018, which broke the norm and kick started the year rather than being the usual June affair, is expected to […]

Malaysia Morning News For January 23

Malaysia Morning News For January 23

Malaysia ready to take on gold industry Malaysia is now poised to take on the world in the gold industry. — New Straits Times Thai SCG Packaging acquires majority stake in Malaysian firm for $26.5m […]

Malaysia Morning News For January 22

Malaysia Morning News For January 22

Malaysia’s 2017 timber exports to surpass RM23b Malaysia’s timber exports for 2017 is likely to surpass RM23 billion as global demand remain stable. — New Straits Times Palm prices to trade at RM2,500-RM2,700 a tonne […]

Malaysia Morning News For January 19

Malaysia Morning News For January 19

Malaysia vows necessary actions to safeguard palm oil sector Malaysia will take necessary actions to secure the future of palm oil sector, the plantation industries and commodities minister said Thursday after the European Union’s parliament […]

Malaysia Morning News For January 18

Malaysia Morning News For January 18

Malaysian infra firms to maintain stronger credit profiles, says S&P S&P Global Ratings expects infrastructure majors in Singapore, Malaysia, Thailand and the Philippines to be on stronger footing versus their peers in India and Indonesia. […]

Malaysia Morning News For January 17

Malaysia Morning News For January 17

Telekom inks MoU with TNB to deliver Nationwide Fiberisation Plan Telekom Malaysia Bhd and Tenaga Nasional Bhd (TNB) have teamed up to develop a plan to expand the availability of high speed internet access in […]

Malaysia Morning News For January 16

Malaysia Morning News For January 16

Mahathir struggles to unite Malaysia’s opposition He remains Malaysia’s longest-ruling prime minister and was one of 20th Century Asia’s most outspoken political leaders. Now Mahathir Mohamad cannot even meet opposition leader Anwar Ibrahim, a former […]

Malaysia Morning News For January 15

Malaysia Morning News For January 15

Ringgit strengthens further against US dollar The ringgit continued its strong upward momentum to end higher against the US dollar, supported by better-than-expected manufacturing data and strong crude oil prices amid a softer US dollar. […]

Malaysia Morning News For January 12

Malaysia Morning News For January 12

Malaysia’s CIMB to Divest Stakes in Two Asset-Management Companies CIMB Group Holdings Bhd. (1023.KU), Malaysia’s second-largest bank by assets, said Thursday it had signed agreements to divest stakes in two of its asset-management companies to […]