Malaysia PM resigns amid political wrangling

Malaysia’s Prime Minister Tun Dr Mahathir, also currently the world’s oldest PM, has resigned as of 1PM (Feb 24) today after 655 days in...

Grab to challenge $21 million fine in MY

Grab Holdings Inc has confirmed it is challenging Malaysia Competition Commission (MyCC)’s proposal to levy a US$21 million fine on the ride-hailing giant.  Grab, along with...

Malaysia GDP falls to new 10-year low

Malaysia saw economic growth fell to its lowest level in 10 years amid lower private consumption and external demand as a result of a...

Malaysia’s Q4 economic growth slowest in a decade

Malaysia’s economy expanded 3.6 percent in the fourth quarter from a year earlier—the slowest pace in a decade.  The slowdown is due to the lower output of...

Indonesia and Malaysia slam EU palm oil limits 

Indonesia and Malaysia, which account for around 85 per cent of global palm oil production, have accused the European Union of unfairly targeting the...

Southeast Asian central banks roll out anti-virus measures

Four central banks in Southeast Asia signaled aggressive policy action this week to curtail the impact of the new coronavirus. The central banks are from Indonesia, the...

AirAsia CEO Tony Fernandes steps aside

Businessman Tony Fernandes is stepping aside from his post as the chief executive officer of low-cost carrier AirAsia Group amid an ongoing probe over...

AirAsia Group faces probe over alleged corruption

Low-cost airline operator AirAsia Group Berhad is facing a regulatory probe over an alleged bribery from aircraft manufacturer Airbus. The Securities Commission Malaysia said on...

Malaysia to send palm oil delegation to Europe 

Malaysia is sending a delegation to four European countries to argue that the palm oil industry has reformed.  Malaysia’s primary industries minister, Teresa Kok, said...

Malaysia will no longer be the world’s ‘dumping site’

The Southeast Asia country is putting a stop to all illegal importing of plastic waste into the country from wealthier nations.  In fact, those who...

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Amid surging Covid-19 cases, second gen vaccines raise hopes across the Asia-Pacific

The United Nations High Commissioner for Refugees sounded the alarm at the beginning of this month on the rapidly deteriorating circumstances of refugees and...

Monde sets sight on alternative meats for expansion

Food maker Monde Nissin Corp. was looking to bank on the fast-growing alternative meats business following its successful initial public offering (IPO) that saw...

Duterte admin lowers Philippine growth projection on last year in office

The Philippine government has abandoned its goal to reach double-digit growth in the last year of the current administration amid the pandemic plaguing global...