Edition:
United Kingdom

Joseph Sipalan

Malaysia's central bank seen cutting key rate again as pandemic persists: Reuters poll

03 Jul 2020

KUALA LUMPUR Malaysia's central bank is expected to cut interest rates to a historic low next week, according to a slim majority in a Reuters poll, as it seeks to protect Southeast Asia's third largest economy from the fallout of the coronavirus pandemic.

Exclusive: Malaysian energy giant's board at odds with PM over payment to Sarawak state

26 Jun 2020

KUALA LUMPUR The board and management of Malaysian national energy giant Petronas have urged the prime minister to drop a planned tax settlement with a state run by his political allies, three sources close to the company said.

EXCLUSIVE-Malaysian energy giant's board at odds with PM over payment to Sarawak state

26 Jun 2020

KUALA LUMPUR, June 26 The board and management of Malaysian national energy giant Petronas have urged the prime minister to drop a planned tax settlement with a state that is run by his political allies, three sources close to the company said.

Exclusive: Chief of Malaysia's Petronas quit over payment to state, sources say

19 Jun 2020

KUALA LUMPUR The chief of Malaysian energy giant Petronas quit this month after disagreement with the prime minister over giving more oil money to one of the country's states run by a government ally, sources close to the government and the company said.

Malaysian prosecutors drop corruption charges against Najib ally

09 Jun 2020

KUALA LUMPUR Malaysian government prosecutors withdrew corruption charges on Tuesday against an ally of former premier Najib Razak, whose party returned to power in a new coalition three months ago after having lost the last election amid massive graft scandals.

Malaysia detains nearly 270 Rohingya seeking entry by boat

08 Jun 2020

KUALA LUMPUR Malaysia on Monday detained 269 Rohingya migrants when they tried to enter the country on a damaged boat off the holiday island of Langkawi, authorities said.

Malaysia's ruling party dumps Mahathir, dissenters

28 May 2020

KUALA LUMPUR Malaysian Prime Minister Muhyiddin Yassin's ruling party on Thursday terminated the membership of his predecessor Mahathir Mohamad, a move widely seen as an attmept to consolidate power as he faces a possible challenge to his nascent premiership.

Mahathir promises 'very big trouble' for Malaysia's ruling coalition

20 May 2020

KUALA LUMPUR Veteran Malaysian politician Mahathir Mohamad said he would seek to oust Prime Minister Muhyiddin Yassin at every turn, scolding his successor for bringing back into power a graft-tainted party rejected by voters in an historic election two years ago.

Malaysia's king upholds PM's appointment as opposition mounts challenge

18 May 2020

KUALA LUMPUR Malaysia's king on Monday said the appointment of Muhyiddin Yassin as prime minister during turmoil this year was proper and constitutional, days after parliament put off a vote on an opposition challenge to his leadership.

Malaysia's first-quarter GDP unexpectedly expands, but tough second-quarter looms

13 May 2020

KUALA LUMPUR Malaysia's economy grew marginally in the first quarter, execeeding expectations, but will likely contract in April-June as the coronavirus pandemic hits exports and domestic demand.

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