US-Asean Summit postponed over virus fears
A long-scheduled summit between the Association of Southeast Asian Nations (ASEAN) and the United States will no longer push through as planned. According to a...
Malaysia’s royals to discuss next PM
Malaysia's nine royal rulers are due to meet today (Friday) to discuss forming a government after Prime Minister Mahathir Mohamad announced his resignation this...
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...
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Looming Civil War in Myanmar Urges UN to Act Immediately
Myanmar is on the verge of an intensifying civil war due to the country's military rule. The military's displacement of Aung San Suu Kyi...
Panasonic Ceases Singapore Operation Affecting 700 workers
The pandemic is evidently taking its toll on different businesses around the world. Panasonic will shut down its Singapore refrigeration compressor manufacturing operations. The...
Vietnam’s Resolution 105 Subsidizes Pandemic-Stricken Businesses
Vietnam proclaimed a new law called Resolution 105 to subsidize pandemic-stricken businesses in the country. It will help speed up the proliferation of the...