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Malaysia

Malaysia mini-mart outlet attacked after ‘Allah socks’ outcry

March 30, 2024 by Reuters

KUALA LUMPUR (Reuters) – A Molotov cocktail was thrown into a Malaysian convenience store on Saturday, police said, after the chain’s top executives were charged … Read more

Categories US and World News

Malaysia central bank likely to keep rates untouched until at least 2026

January 19, 2024 by Reuters
Malaysia central bank likely to keep rates untouched until at least 2026 - photo licensed by shore news network.

By Susobhan Sarkar and Indradip Ghosh BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will leave its overnight policy rate (OPR) unchanged at 3.00% on Jan. … Read more

Categories In the News

Malaysia exempts imposition of capital gains tax, taxes on foreign-sourced income on unit trusts

January 15, 2024 by Reuters
Malaysia exempts imposition of capital gains tax, taxes on foreign-sourced income on unit trusts - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia has exempted the imposition of capital gains tax and taxes on foreign-sourced income on unit trusts, its second finance minister … Read more

Categories In the News

Spanish court convicts arbitrator who awarded $15 billion to sultan’s heirs in Malaysia dispute

January 8, 2024 by Reuters

MADRID (Reuters) – A Spanish arbitrator who awarded $15 billion to the descendants of a former sultan in a land dispute with Malaysia dating back … Read more

Categories In the News

McDonald’s Malaysia sues Israel boycott movement for $1 million in damages

January 2, 2024 by Reuters
Mcdonald's malaysia sues israel boycott movement for $1 million in damages - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – McDonald’s Malaysia has sued a movement promoting boycotts against Israel for “false and defamatory statements” that it says hurt its business, … Read more

Categories In the News

McDonald’s Malaysia sues Israel boycott movement for $1 million in damages

December 30, 2023December 30, 2023 by Reuters
Mcdonald's malaysia sues israel boycott movement for $1 million in damages - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – McDonald’s Malaysia has sued a movement promoting boycotts against Israel for “false and defamatory statements” that it says hurt its business, … Read more

Categories In the News

Rare-earths miner Lynas jumps as Malaysia allows key plant extension

October 25, 2023October 24, 2023 by Reuters
Rare-earths miner lynas jumps as malaysia allows key plant extension - photo licensed by shore news network.

By Rishav Chatterjee (Reuters) – Shares of Lynas Rare Earths hit their highest in over a month on Wednesday, extending gains, after Malaysia allowed the … Read more

Categories In the News

Malaysia sees greater savings from shift to targeted subsidy system – Bloomberg, citing minister

October 3, 2023 by Reuters
Malaysia sees greater savings from shift to targeted subsidy system – bloomberg, citing minister - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia expects to save at least $1 billion to $2 billion a year from a shift to a targeted subsidy system … Read more

Categories Business News

Malaysia prepares to make rain, close schools as haze worsens

October 2, 2023 by Reuters

KUALA LUMPUR (Reuters) – Malaysia will try to make rain by seeding clouds and prepare to shut schools as the quality of air in various … Read more

Categories US and World News

Malaysia says it penalised 400 companies this year for labour offences

September 14, 2023 by Reuters
Malaysia says it penalised 400 companies this year for labour offences - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia has taken action against 400 companies so far this year for violating labour laws, state news agency Bernama reported, citing … Read more

Categories Business News

Malaysia to ban export of rare earths to boost domestic industry

September 11, 2023September 11, 2023 by Reuters
Malaysia to ban export of rare earths to boost domestic industry - photo licensed by shore news network.

By A. Ananthalakshmi and Mai Nguyen KUALA LUMPUR (Reuters) -Malaysia will develop a policy to ban exports of rare earth raw materials to avoid exploitation … Read more

Categories Business News

Malaysia targets at least 5% economic growth annually until 2025 – PM

September 11, 2023September 11, 2023 by Reuters
Malaysia targets at least 5% economic growth annually until 2025 - pm - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia is aiming for economic growth of at least 5% annually until 2025, lower than the Southeast Asian nation’s previous target, … Read more

Categories Business News

Malaysia central bank keeps rates on hold as inflation, growth cool

September 7, 2023September 7, 2023 by Reuters
Malaysia central bank keeps rates on hold as inflation, growth cool - photo licensed by shore news network.

By Rozanna Latiff and Danial Azhar KUALA LUMPUR (Reuters) – Malaysia’s central bank on Thursday kept its benchmark interest rate unchanged for the second straight … Read more

Categories Business News

Malaysia central bank to hold rates at 3.0% through end-2024: Reuters poll

September 4, 2023September 4, 2023 by Reuters
Malaysia central bank to hold rates at 3. 0% through end-2024: reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will hold its key policy rate at 3.00% on Thursday, adopting the same no-change stance … Read more

Categories Business News

Malaysia to allocate $1.8 billion to fund national industrial masterplan

September 1, 2023 by Reuters
Malaysia to allocate $1. 8 billion to fund national industrial masterplan - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia’s trade ministry said on Friday the government will allocate 8.2 billion ringgit ($1.77 billion) to fund a national industrial masterplan … Read more

Categories Business News

Malaysia PM says China’s Geely to invest $10 billion in domestic auto hub -report

July 18, 2023 by Reuters
Malaysia pm says china's geely to invest $10 billion in domestic auto hub -report - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Chinese car maker Geely will invest $10 billion to develop Malaysia’s main auto-making hub, state news agency Bernama quoted Prime Minister … Read more

Categories Business News

Malaysia probes disappearance of Myanmar democracy activist and her family

July 18, 2023 by Reuters

KUALA LUMPUR (Reuters) – Malaysian police said on Tuesday they had opened an investigation into the disappearance this month of a Myanmar democracy activist and … Read more

Categories US and World News

Malaysia central bank to hold key rate on July 6, may not resume tightening: Reuters poll

July 3, 2023July 3, 2023 by Reuters
Malaysia central bank to hold key rate on july 6, may not resume tightening: reuters poll - photo licensed by shore news network.

By Anant Chandak BENGALURU (Reuters) – Malaysia’s central bank will leave its key interest rate unchanged at 3.00% on Thursday and keep it there for … Read more

Categories Business News

Malaysia central bank to intervene in FX markets as ringgit losses ‘excessive’

June 27, 2023 by Reuters
Malaysia central bank to intervene in fx markets as ringgit losses 'excessive' - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia’s central bank said on Tuesday it will intervene in the foreign exchange market to stabilise the ringgit currency, citing what … Read more

Categories Business News

Indonesia, Malaysia to visit Brussels over concern about EU deforestation law

May 24, 2023 by Reuters
Indonesia, malaysia to visit brussels over concern about eu deforestation law - photo licensed by shore news network.

JAKARTA (Reuters) – The world’s two biggest palm oil producers Indonesia and Malaysia will send top officials to the European Union next week to voice … Read more

Categories US and World News

Malaysia in talks to bring back 1MDB-linked fugitive Jho Low

May 5, 2023 by Reuters

KUALA LUMPUR (Reuters) – Malaysia is negotiating with other countries to speed up the return of fugitive financier Low Taek Jho, wanted for his role … Read more

Categories US and World News

EU, US warn Malaysia of security risk in Huawei’s bid for 5G role – FT

May 2, 2023 by Reuters
Eu, us warn malaysia of security risk in huawei's bid for 5g role - ft - photo licensed by shore news network.

(Reuters) -The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as it finalises a review of its 5G … Read more

Categories Business News

Malaysia probes cases of migrant workers left jobless, without passports

April 20, 2023 by Reuters
Malaysia probes cases of migrant workers left jobless, without passports - photo licensed by shore news network.

By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) – Malaysia has launched an investigation to uncover how hundreds of migrant workers arrived from South … Read more

Categories Business News

Malaysia to review $3.9 billion settlement deal with Goldman Sachs – PM Anwar

April 17, 2023 by Reuters
Malaysia to review $3. 9 billion settlement deal with goldman sachs - pm anwar - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – The Malaysian government is re-evaluating a $3.9 billion settlement deal reached between the previous administration and U.S. investment bank Goldman Sachs … Read more

Categories Business News

Malaysia says it will protect its rights in South China Sea

April 8, 2023 by Reuters
Malaysia says it will protect its rights in south china sea - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia said on Saturday it was firmly committed to protecting its sovereign rights and interests in the South China Sea after … Read more

Categories US and World News

Malaysia secures $555 million potential exports during PM’s China visit

April 4, 2023 by Reuters
Malaysia secures $555 million potential exports during pm's china visit - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia secured 2.44 billion ringgit ($555.30 million) in potential exports during Prime Minister Anwar Ibrahim’s visit to China last week, a … Read more

Categories Business News

Malaysia central bank maintains 2023 growth forecast amid global slowdown

March 28, 2023 by Reuters
Malaysia central bank maintains 2023 growth forecast amid global slowdown - photo licensed by shore news network.

By Rozanna Latiff KUALA LUMPUR (Reuters) – Malaysia’s central bank on Wednesday maintained its economic growth forecast for 2023 at 4% to 5%, saying that … Read more

Categories Business News

Malaysia says its banks have limited exposure to Silicon Valley Bank crisis

March 15, 2023 by Reuters

KUALA LUMPUR (Reuters) – Malaysia’s government on Wednesday said the country’s banks have limited exposure to Silicon Valley Bank that collapsed last week in the … Read more

Categories Business News

Electric vehicle maker Tesla to open office in Malaysia

February 28, 2023 by Reuters
Electric vehicle maker tesla to open office in malaysia - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia on Wednesday said electric vehicle (EV) maker Tesla Inc will open an office in the Southeast Asian country and establish … Read more

Categories Business News

Malaysia will not reintroduce goods and services tax – PM

February 13, 2023 by Reuters
Malaysia will not reintroduce goods and services tax - pm - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar … Read more

Categories Business News

CBP Modifies Withhold Release Order on YTY Industry Holdings Sdn Bhd (YTY Group) in Malaysia

February 8, 2023 by US Border Patrol
Cbp modifies withhold release order on yty industry holdings sdn bhd (yty group) in malaysia - photo licensed by shore news network.

WASHINGTON — U.S. Customs and Border Protection (CBP) has modified the Withhold Release Order (WRO) issued on January 28, 2022 against imports of synthetic disposable … Read more

Categories In the News

Malaysia Q4 GDP growth expected to have slowed to 6.6% – Reuters poll

February 8, 2023 by Reuters
Malaysia q4 gdp growth expected to have slowed to 6. 6% - reuters poll - photo licensed by shore news network.

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Malaysia’s economic growth likely slowed by more than half to 6.6% in the fourth quarter of 2022 … Read more

Categories Business News

CBP Modifies Finding on Sime Darby Plantation Berhad in Malaysia

February 3, 2023 by US Border Patrol
Cbp modifies finding on sime darby plantation berhad in malaysia - photo licensed by shore news network.

WASHINGTON — U.S. Customs and Border Protection today modified its formal Finding in the Customs Bulletin and in the Federal Register pursuant to 19 C.F.R. … Read more

Categories In the News

Malaysia says Luxembourg court sets aside request to enforce $15 billion arbitration award

January 26, 2023 by Reuters

KUALA LUMPUR (Reuters) – Malaysia’s law minister on Thursday said a Luxembourg court had set aside an attempt made by the heirs of a former … Read more

Categories US and World News

Malaysia central bank surprises by holding key rate at 2.75%

January 19, 2023 by Reuters
Malaysia central bank surprises by holding key rate at 2. 75% - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia’s central bank on Thursday unexpectedly kept its benchmark interest rate unchanged at 2.75%, saying it was assessing the impact of … Read more

Categories Business News

Malaysia central bank to hike rates to 3.00% on Thursday: Reuters Poll

January 16, 2023 by Reuters
Malaysia central bank to hike rates to 3. 00% on thursday: reuters poll - photo licensed by shore news network.

By Sujith Pai BENGALURU (Reuters) – Malaysia’s central bank will deliver its fifth consecutive quarter percentage point hike on Thursday in its effort to keep … Read more

Categories Business News

Malaysia says it could stop palm oil exports to EU after new curbs

January 12, 2023January 12, 2023 by Reuters
Malaysia says it could stop palm oil exports to eu after new curbs - photo licensed by shore news network.

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia said on Thursday it could stop exporting palm oil to the European Union in response to … Read more

Categories Business News

Malaysia to unveil new 2023 budget on Feb 24

December 29, 2022 by Reuters
Malaysia to unveil new 2023 budget on feb 24 - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia’s new government will present its budget for 2023 on February 24, according to a schedule published on the parliament’s website. … Read more

Categories Business News

Malaysia PM signs cooperation pact with smaller parties ahead of confidence vote

December 16, 2022December 16, 2022 by Reuters
Malaysia pm signs cooperation pact with smaller parties ahead of confidence vote - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysian political parties supporting Prime Minister Anwar Ibrahim on Friday signed a cooperation pact promising to ensure stability, ahead of a … Read more

Categories US and World News

Italy’s Eni eyes biorefinery in Malaysia with Petronas, Euglena

December 14, 2022 by Reuters
Italy's eni eyes biorefinery in malaysia with petronas, euglena - photo licensed by shore news network.

MILAN (Reuters) – Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together with Japan’s Euglena and Malaysia’s … Read more

Categories Business News

Malaysia court lifts stay on deportation of 114 Myanmar nationals

December 13, 2022 by Reuters

KUALA LUMPUR (Reuters) – A Malaysian court on Tuesday lifted a stay on the deportation of 114 Myanmar nationals, raising concerns among rights groups they … Read more

Categories US and World News

Malaysia PM Anwar: We have seen a change that has awaited the people of Malaysia

November 24, 2022 by Reuters
Malaysia pm anwar: we have seen a change that has awaited the people of malaysia - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia’s new Prime Minister Anwar Ibrahim said his swearing in was a change that Malaysians have waited for and pledged to … Read more

Categories US and World News

Malaysia ex-PM Mahathir loses seat in first election defeat in 53 years

November 19, 2022 by Reuters
Malaysia ex-pm mahathir loses seat in first election defeat in 53 years - photo licensed by shore news network.

KUALA LUMPUR (Reuters) -Malaysia’s veteran leader Mahathir Mohamad suffered his first election defeat in 53 years on Saturday in a blow that could mark the … Read more

Categories US and World News

Malaysia central bank delivers fourth straight rate rise as inflation risks persist

November 3, 2022 by Reuters
Malaysia central bank delivers fourth straight rate rise as inflation risks persist - photo licensed by shore news network.

By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank delivered a fourth consecutive rate hike on Thursday as it sought to contain persistent inflation amid … Read more

Categories US and World News

Malaysia allocates $1.7 billion in cash aid for low-income households

October 7, 2022October 7, 2022 by Reuters
Malaysia allocates $1. 7 billion in cash aid for low-income households - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia has allocated 7.8 billion ringgit ($1.68 billion) in cash aid for low-income households and individuals, Finance Minister Tengku Zafrul Abdul … Read more

Categories US and World News

Malaysia confirms budget announcement on schedule, amid election speculation

October 4, 2022October 4, 2022 by Reuters
Malaysia confirms budget announcement on schedule, amid election speculation - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia will present its 2023 budget on Friday as previously scheduled, a finance ministry spokesperson said on Tuesday, amid speculation that … Read more

Categories US and World News

Malaysia says 2023 economic growth to be lower than 2022

September 21, 2022September 21, 2022 by Reuters
Malaysia says 2023 economic growth to be lower than 2022 - photo licensed by shore news network.

KUALA LUMPUR (Reuters) – Malaysia’s economy will grow at a slower pace in 2023 compared to this year, finance minister Tengku Zafrul Aziz said in … Read more

Categories US and World News

Malaysia central bank to deliver two more 25-bp rate hikes this year

September 5, 2022 by Reuters
Malaysia central bank to deliver two more 25-bp rate hikes this year - photo licensed by shore news network.

By Devayani Sathyan (Reuters) – Malaysia’s central bank will deliver a third consecutive 25 basis point interest rate hike on Thursday and a fourth in … Read more

Categories Financial News

Malaysia ex-PM Najib moves from luxurious lifestyle to lockup

August 24, 2022 by Reuters
Malaysia ex-pm najib moves from luxurious lifestyle to lockup - photo licensed by shore news network.

By Rozanna Latiff KUALA LUMPUR (Reuters) – Former Malaysian Prime Minister Najib Razak’s new prison lodgings may be less than an hour’s drive from his … Read more

Categories Top Headlines, Trending News, US and World News

Malaysia urges ASEAN states to engage Myanmar junta’s rivals

August 10, 2022 by Reuters

By Panu Wongcha-um BANGKOK – Malaysia wants a clear endgame in Myanmar’ faltering peace process and is advocating direct engagement by ASEAN states with the … Read more

Categories Top Headlines, US and World News
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