Bumpy ride ahead for Grab in Malaysia
Two out of every three dollars of venture capital funding in Southeast Asia went to e-commerce and ride-hailing startups from 2016 to H1 2019.According...
Malaysian AG rubbishes claims about dropping Goldman Sachs charges
Attorney General Tan Sri Tommy Thomas clarified today there was never a plan to drop charges against Goldman Sachs in exchange for a settlement."The...
A shared vision of prosperity for Malaysia
Over 2000 attendees were present at Prime Minister Tun Dr Mahathir Mohamad’s unveiling of his Shared Prosperity Vision (SPV 2030) last Saturday (Oct 5).The...
Endangered elephant shot 70 times, tusks removed
Malaysian officials on Monday said an endangered Borneo pygmy elephant was found dead in the state of Sabah last week with about 70 gunshot...
Malaysia’s Armed Forces Fund Board declares lowest-ever dividend of 2%
The Armed Forces Fund Board (LTAT) of Malaysia has yesterday announced its lowest-ever dividend of 2%, compared with a minimum of 6% paid over...
Malaysia opens anti-monopoly probe into Grab
Malaysia has opened an anti-monopoly investigation into the Singapore-based ride-hailing firm Grab, amid calls for greater competition.The Malaysia Competition Commission’s CEO, Iskandar Ismail, said...
Malaysia maintains policy rate
Backed by a resilient economy, Malaysia’s central bank kept its benchmark interest rate unchanged for a second straight meeting, even as other central banks...
Malaysia bans open-burning to reduce effects of harmful haze
MALAYSIAN authorities on Wednesday moved to ban all forms of open burning as part of efforts to cut the harmful effects of the haze.Norlin...
RCEP negotiations set for conclusion in November
THE Association of Southeast Asian Nations (ASEAN) and its six trade partners are hoping for the conclusion of the negotiations for the Regional Comprehensive...
Malaysia hopeful of US-China trade deal amid heating tensions
Malaysia is hoping for a positive outcome on the United States and China’s year-long trade rift, saying further spat would negatively affect global economies...
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Mekong nations face severe drought made worse by dams
The four lower Mekong River basin countries of Cambodia, Laos, Thailand, and Vietnam should expect severe to extreme drought – compounded by dams –...
Singapore and Vietnam fintech lead investor funding in 2019
Vietnam and Singapore commanded the lion’s share of money raised for the first nine months of 2019, making up 87% of the US$1.14 billion...
4 Malaysian nationals caned over gay sex
Four Malaysian nationals on Monday were caned for having gay sex, which is a violation of the Islamic laws.Human rights group Amnesty International said...