Malaysia’s DRB Hicom signs agreement with Geely on domestic auto hub
KUALA LUMPUR (Reuters) – Malaysian automaker DRB Hicom said on Wednesday it has signed an agreement with Chinese car maker Zhejiang Geely Holding Group Co Ltd for the development of an automotive…
Malaysia’s Q1 GDP growth likely cooled on weak demand, exports – Reuters poll
By Sujith Pai BENGALURU (Reuters) – Malaysia’s economic growth probably slowed in the first quarter, hit by tepid consumption and declining exports, a Reuters poll of economists showed. The Southeast Asian economy…
Malaysia’s Jan CPI rises 3.7% on-year, in line with forecast
KUALA LUMPUR (Reuters) – Malaysia’s consumer price index (CPI) in January rose 3.7% from a year earlier, government data showed on Friday. The rise was in line with the forecast made by…
Malaysia’s Jan exports rise 1.6% y/y, below forecast
KUALA LUMPUR (Reuters) – Malaysia’s exports rose 1.6% from a year earlier in January, slower than expected, government data showed on Monday. January’s exports had been forecast to expand 7.4%, according to…
Malaysia’s November CPI rises 4% year-on-year, in line with forecast
KUALA LUMPUR (Reuters) – Malaysia’s consumer price index (CPI) in November remained at a 4% growth from a year ago, in line with expectations, according to government data on Friday. A Reuters’…
Malaysia’s 2022 GDP growth very likely to beat forecasts – PM
KUALA LUMPUR (Reuters) – Malaysia’s Prime Minister Anwar Ibrahim on Tuesday said the country’s gross domestic product this year was very likely to exceed earlier projections of between 6.5% and 7%. “This…
Malaysia’s November exports rise 15.6% on-year, above forecast
KUALA LUMPUR (Reuters) – Malaysia’s exports rose by 15.6% in November, above expectations, government data showed on Monday. November’s exports had been expected to grow 13.2%, according to eight economists surveyed by…
Macau’s 6 casino operators get new licences, Malaysia’s Genting out
(Reuters) -Macau’s government said on Saturday its six incumbent casino operators would be given new licences to operate in the world’s biggest gambling hub from January, with Malaysian operator Genting missing out…
Malaysia’s October CPI rises 4% y/y, above forecast
KUALA LUMPUR (Reuters) – Malaysia’s consumer price index (CPI) rose 4% from a year earlier in October, government data showed on Friday. The rise was slightly faster than the 3.9% growth forecast…
Anwar Ibrahim: Who is Malaysia’s new prime minister?
(Reuters) – Malaysia’s new prime minister, 75-year-old Anwar Ibrahim, was sworn in on Thursday, bringing to a close his three-decade quest for the job that had eluded him time and again and…
Factbox-How Malaysia’s election system works
By Mei Mei Chu (Reuters) – Malaysians vote on Saturday in a closely fought election, with polls predicting a hung parliament as no party or coalition can get the lower house majority…
Malaysia’s August industrial production up 13.6%, above forecast
KUALA LUMPUR – Malaysia’s industrial production in August rose 13.6% from a year earlier, beating expectations, government data showed on Wednesday. August’s factory output had been forecast to expand 9.5%, according to 12 economists…
Malaysia’s Mahathir fears Najib would walk free if graft-tainted party wins polls
KUALA LUMPUR (Reuters) – Malaysia’s veteran politician and opposition leader Mahathir Mohamad predicted on Tuesday that disgraced former prime minister Najib Razak would be released from jail if his graft-tainted ruling party…
U.S. FAA upgrades Malaysia’s air safety rating
WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) confirmed on Monday it upgraded Malaysia’s air safety rating nearly three years after it took action to restrict the country’s airlines from adding…
Malaysia’s weakening ringgit not reflecting state of economy – cenbank
KUALA LUMPUR (Reuters) – The weakening Malaysian ringgit, which is at its lowest since 1998, was not a reflection of the state of the nation’s economy, its central bank governor said on…
Malaysia’s Mahathir, 97, in hospital after testing positive for COVID
KUALA LUMPUR (Reuters) -Former Malaysian Prime Minister Mahathir Mohamad, 97, has tested positive for COVID-19 and has been hospitalised for observation, his office said on Wednesday. The nonagenarian, who served for more…
Najib loyalists call for royal pardon as Malaysia’s ex-PM begins jail term
By Zahra Matarani and Rozanna Latiff KUALA LUMPUR (Reuters) – Supporters of former Malaysian prime minister Najib Razak petitioned King Al-Sultan Abdullah to pardon the disgraced politician, a day after he was…
Explainer-Behind bars, Malaysia’s Najib has few ‘get out of jail’ cards left to play
KUALA LUMPUR (Reuters) – Having begun a 12-year jail sentence on Tuesday, former Malaysian prime minister Najib Razak is expected to scramble for ways to obtain early release after losing his final…
Ex-workers at Malaysian supplier sue Kimberly-Clark, Ansell over alleged labour abuse
By A. Ananthalakshmi KUALA LUMPUR – Former workers at Malaysian rubber glove maker Brightway Holdings filed a lawsuit in the United States against Kimberly-Clark Corp and Ansell Ltd, accusing them of “knowingly…
Malaysia’s economy likely grew at the fastest pace in a year in April-June – Reuters poll
By Anant Chandak BENGALURU – Malaysia’s economy grew at its fastest pace in a year last quarter, thanks to a strong rebound in private consumption and buoyant exports, but a global economic…
Malaysia’s June CPI up 3.4% y/y, higher than forecast
KUALA LUMPUR – Malaysia’s consumer price index (CPI) rose 3.4% from a year earlier in June, government data showed on Friday. The rise was more than the 3.1% growth forecast by economists…
Malaysia’s May CPI up 2.8% y/y, higher than forecast
KUALA LUMPUR – Malaysia’s consumer price index (CPI) rose 2.8% from a year earlier in May, government data showed on Friday. The rise was more than the 2.6% expansion forecast by 17…
Malaysia’s economy likely picked up pace in Q1, China slowdown a worry: Reuters poll
By Devayani Sathyan BENGALURU – Malaysia’s economic growth likely gathered pace in the last quarter, driven by stronger demand following a relaxation of COVID-19 measures, but a prolonged slowdown in China could…
Malaysia’s biodiesel group opposes reduction of biofuel mandate
By Mei Mei Chu KUALA LUMPUR – Malaysia should not cut its biodiesel mandate as it would lead to a crash in crude palm oil prices, a biodiesel producer group said on…
Malaysia’s AirAsia X completes debt restructure, to write back nearly $8 billion to profit
– Malaysia’s Airasia X (AAX) said on Wednesday it had completed its debt restructuring, and will write 33 billion ringgit ($7.86 billion) back to profits in the next quarter. Under the airline’s…
Malaysia’s 2021 investments hit record $73 billion
KUALA LUMPUR – Malaysia approved a record 306.5 billion ringgit ($73.33 billion) in investments last year, an 83% jump from 2020 led by the manufacturing sector, the nation’s investment promotion agency said…
Breaking News
