KUALA LUMPUR, Oct 13 — Genting Bhd has announced plans to privatise Genting Malaysia Bhd (GENM) through a RM6.74 billion buyout, offering RM2.35 per share to minority shareholders.
Malaysia sees ringgit strengthening below RM4 per US Dollar
The Malaysian ringgit is set to extend its recent gains as strong domestic spending and the government’s fiscal prudence cushion the blow from US tariffs, says Second Finance Minister Amir Hamzah …
Malaysia sees ringgit strengthening below RM4 per US Dollar
The Malaysian ringgit is set to extend its recent gains as strong domestic spending and the government’s fiscal prudence cushion the blow from US tariffs, says Second Finance Minister Amir Hamzah …
Genting launches $1.6 billion bid for Genting Malaysia to gain control of casino arm
Genting said on Monday it will make a conditional cash offer for all the shares in Genting Malaysia it does not own, in a deal worth 6.74 billion ringgit ($1.6 billion) as it aims to consolidate …
Malaysia’s property divide: Johor and Penang sizzle as Kuala Lumpur cools amid condo glut
[KUALA LUMPUR] Johor and Penang are defying the chill in Malaysia’s property market, buoyed by Singaporean spillover and industrial demand, even as Kuala Lumpur remains sluggish under a glut of unsold …
Who Is Vinod Sekhar? Malaysian Business Tycoon Attacked In London
Vinod Sekhar is a prominent Malaysian businessman, philanthropist, and advocate for social capitalism. On October 11 he was attacked and robbed outside his daughter’s apartment in London.
Malaysia plans $111 billion budget for 2026, tax collection boost
By Rozanna Latiff, Danial Azhar and Ashley Tang KUALA LUMPUR (Reuters) – Malaysia said on Friday it plans to boost tax collection and strengthen social protection systems next year, as it looks to …
New ambassador targets closer Malaysia-Thailand economic and border cooperation
BANGKOK: Malaysia’s new Ambassador to Thailand, Datuk Wan Zaidi Wan Abdullah, has pledged to further strengthen bilateral ties between both nations, with a strong focus on boosting trade, enhancing …
Budget 2026 comes at a key juncture for Malaysia
The unveiling of Budget 2026 comes at a key juncture for Malaysia, as it navigates global headwinds from trade tensions and tariffs, domestic cost-of-living pressures, and a renewed push under the …
Malaysia warns of global supply chain disruptions if U.S. ends chip tariff exemptions
According to the latest economic outlook budget report for Malaysia’s fiscal year 2026, removing the semiconductor exemptions may result in multiple challenges for the country, including reducing its …