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Tag: Malaysia

Posted on December 20, 2024

Malaysia Airports US$4 billion takeover offer ‘reasonable’, deal adviser says

A takeover bid for Malaysia Airports Holdings by a consortium comprising the country’s sovereign wealth fund and BlackRock’s Global Infrastructure Partners was deemed as viable for sh …
Posted on December 20, 2024

Bursa Malaysia records highest number of IPOs in 19 years with 55 listings in 2024

Bursa Malaysia Bhd recorded a total of 55 initial public offerings (IPOs) in 2024, marking a 72% increase from the 32 IPOs listed in 2023.
Posted on December 20, 2024

Malaysia’s plan to build a high-speed train to Singapore struggles to leave the station

The border crossing between Singapore and Malaysia is one of the world’s busiest. Around 350,000 travelers and 100,000 vehicles try to cross the border each day, leading to queues and traffic jams …
Posted on December 18, 2024

Malaysian fuel prices December 2024 week four – RON97 up 3 sen to RM3.22/litre; diesel stays at RM2.95

It’s Wednesday, which means time again for the usual weekly fuel price update in Malaysia, with the ministry of finance having announced the retail price of fuels for the coming week of December 19 to …
Posted on December 18, 2024

EnQuest expands Seligi field development deal offshore Malaysia

UK-based oil and gas company EnQuest, on behalf of the PM8 extension (PM8E) production sharing contract (PSC) parties, has signed a new agreement to develop approximately 155 billion cubic feet (bcf) …
Posted on December 17, 2024

Malaysia plans seafood air freight hub in Sabah state to meet China demand

To meet growing demand from its largest trading partner, Malaysia aims to leverage Sabah’s abundant fisheries and position the country as a regional trade gateway.
Posted on December 17, 2024

Malaysia’s Mr DIY hammers down on growth in Indonesia with S$346m IPO

JAKARTA] Set to be the country’s biggest listing in more than a year, the Indonesian arm of Mr DIY – a Malaysian home improvement retailer with operations in Singapore – will debut on the Indonesian …
Posted on December 17, 2024

Loke: Malaysia remains committed to rules-based international order

Malaysia remains resolutely committed to a rules-based international order as the global economy becomes more fragmented, said Transport Minister Anthony Loke.
Posted on December 17, 2024

Chinese solar inverter maker Deye to invest US$150 million in Malaysia manufacturing base

Company plans to set up a subsidiary in Malaysia to make solar photovoltaic equipment and energy storage products.
Posted on December 17, 2024

Malaysia’s ethnic Chinese walk delicate business tightrope

KUALA LUMPUR — When the lighting broke at one of the Tomei jewellery shops in Malaysia’s northern Kedah state, company managing director Ng Yih Pyng, who is based in the capital Kuala Lumpur, knew no …

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