Edition:
United Kingdom

Joseph Sipalan

Malaysia's Mahathir stands by Kashmir comments despite palm oil boycott by India traders

12:35pm BST

KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad said on Tuesday he would not retract his criticism of New Delhi's actions in the disputed region of Kashmir even though Indian traders have urged a boycott of Malaysian palm oil.

Malaysia widens fiscal deficit target in budget, promises stimulus if needed

11 Oct 2019

KUALA LUMPUR Malaysia's government on Friday unveiled a smaller budget than expected for next year but flagged a wider budget deficit than earlier estimated, and said it would step in with stimulus measures should global demand worsen.

Malaysia presents smaller budget as revenue seen falling

11 Oct 2019

KUALA LUMPUR, Oct 11 Malaysia's government on Friday unveiled a smaller budget for next year as revenue is expected to fall, but said it would hike development spending to offset a slowdown in global demand.

Malaysia central bank sees growth holding up, keeps key rate unchanged

12 Sep 2019

KUALA LUMPUR Malaysia's central bank, counting on domestic demand to keep supporting growth while global expansion slows, held its key interest rate at 3.00% on Thursday as expected.

Malaysia had plan to use Chinese money to bail out 1MDB, court hears

04 Sep 2019

KUALA LUMPUR Malaysia's former leader Najib Razak approved a plan to bail out troubled state fund 1MDB by offering stakes in several big infrastructure projects to Chinese firms in 2016, a former aide told a court on Wednesday.

Malaysia hopes to pay for military equipment with palm oil

26 Aug 2019

KUALA LUMPUR Malaysia is in talks with at last six countries on the possibility of using palm oil to pay for arms, as Southeast Asia's third-biggest economy seeks to replace old equipment to boost its defence capabilities.

RPT-Malaysia's olive branch to foreign investors might not be enough

26 Aug 2019

KUALA LUMPUR, Aug 23 Malaysia's move to free up trading in its currency is a compromise between appeasing foreign investors and curbing hot money flows, but the changes might not be enough to immediately woo back players who had ditched the ringgit in recent years.

Malaysia's olive branch to foreign investors might not be enough

23 Aug 2019

KUALA LUMPUR, Aug 23 Malaysia's move to free up trading in its currency is a compromise between appeasing foreign investors and curbing hot money flows, but the changes might not be enough to immediately woo back players who had ditched the ringgit in recent years.

Malaysia's GDP bucks regional slowdown, FX rules eased to boost liquidity

16 Aug 2019

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.

China, Malaysia restart massive 'Belt and Road' project after hiccups

25 Jul 2019

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.

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