M’sia named top medical tourism destination for third time Malaysia has won the Health and Medical Tourism Destination of the Year award for the third consecutive year. — New Straits Times Bring down tariff to […]
AmBank: Malaysian bonds to rally after selldown Malaysia’s sovereign bonds will rally in the next three months, spurred by demand from local insurers and pension funds, and an accommodative interest-rate policy, according to the nation’s […]
Takeover of Icon on hold, resistance from minority shareholders UMW Oil & Gas Corp Bhd’s (UMW-OG) proposed takeover of Icon Offshore Bhd and Orkim Sdn Bhd is on hold. — The Star Online Malaysia jumps […]
Malaysia agrees to pay Abu Dhabi $1.2b towards 1MDB debt settlement Malaysia reached an agreement to pay Abu Dhabi about $1.2 billion as settlement over the debt of embattled government fund 1Malaysia Development Bhd. — […]
Go Auto to invest RM2bil to strengthen position in Malaysia, Asean Go Auto Group of Companies (Go Auto) and its Chinese partner, Great Wall Motors Company Ltd (GWM), are allocating up to RM2bil investment until […]
Malaysia, Abu Dhabi to settle dispute over 1MDB debt Malaysia and Abu Dhabi have reached a settlement on a dispute involving billions of dollars in debt obligations of 1Malaysia Development Berhad (1MDB) that is at […]
Malaysia’s inflation up 5.1% on higher cost of fuel Higher fuel prices sent the rate of inflation for March soaring to its highest level in nearly nine years, with the consumer price index (CPI) rising […]
Research houses lauds central bank’s monetary measures Research houses have lauded Bank Negara Malaysia’s latest monetary measures, saying they are expected to improve bond market liquidity, ease hedging activities and revive investors’ confidence. — New […]
mTouche says Thai project can hit RM2.6bil revenue The contract to build, install and operate the SMART4 public phone and WiFi hub terminals for Thailand’s state-owned TOT Public Co Ltd is estimated to be worth […]
Net foreign buying on Bursa dips to RM239.9m Foreign purchases on Bursa Malaysia continued at a measured pace in the week ended April 14 at RM239.9mil, which was significantly lower from the RM645.3mil the week […]
Malaysia mulls enforcing cap on foreign insurer ownership Malaysia is weighing tougher enforcement of a cap on foreign ownership of insurers as it seeks to boost local participation in the industry, people with knowledge of […]
P2P platform aims to disburse up to RM20mil to local SMEs Peer-to-peer (P2P) financing platform Funding Societies aims to disburse between RM10 million and RM20 million to 100 to 200 small and medium enterprises (SMEs) […]