KUALA LUMPUR Malaysia's economy grew faster-than-expected in April-June and became the first Southeast Asian nation to report an acceleration in growth from the previous quarter, driven by stronger consumer spending and palm oil production.
DUNGUN, Malaysia China and Malaysia resumed construction on a massive "Belt and Road" train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut its cost by nearly a third to about $11 billion.
KUALA LUMPUR Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the U.S.-China trade war, the finance minister told Reuters in an interview on Monday.
PORT DICKSON Malaysian Prime Minister Mahathir Mohamad called on Friday for unity in his ruling coalition, saying his administration could risk losing power due to infighting, as a sex scandal involving a senior minister worsened divisions in the alliance.
KUALA LUMPUR, July 9 Malaysia's central bank
kept its key interest rate at 3.00% on Tuesday, expressing
confidence that domestic demand will support economic growth at
a time trade tensions and slowing global expansion poses risks
KUALA LUMPUR Malaysia's economic growth pace likely slowed in the first quarter, due to tepid consumption and softer global demand as a result of the U.S.-China trade war, a Reuters poll showed.
KUALA LUMPUR A year ago, Malaysian land surveyor Muhammad Nur Aliff had high hopes that a shock election victory by 93-year-old Mahathir Mohamad could be the catalyst for reform and revival in a country hobbled by sky-high public debt and corruption.
KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad on Thursday vowed to boost the economy under a model of "shared prosperity" in a bid to stem criticism that his government had failed to deliver on promised reforms since taking power a year ago.
KUALA LUMPUR A fire was brought under control early on Friday after an explosion at a Malaysian oil refinery being developed by state oil firm Petronas, which was testing its facilities ahead of planned commercial operations later this year.
* Fire contained within 30 minutes, with two slightly