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Tag: Malaysia

Posted on April 6, 2024

Jailed former Malaysia premier Najib Razak seeks to serve remaining sentence under house arrest

Malaysia’s imprisoned former Prime Minister Najib Razak is seeking to serve the rest of his prison term under house arrest, two months after his sentence in a corruption case was reduced by half …
Posted on April 6, 2024

Malaysia’s UOB Asset Launches India Bond Fund Before Inclusion

UOB Asset Management Malaysia Bhd. launched an India-focused bond fund this week, giving Malaysian investors an opportunity to snap up rupee-denominated debt ahead of the South Asian country’s …
Posted on April 6, 2024

As Malaysia’s door closes on low-pad migrant workers, companies scramble for staff

A freeze on new migrant-worker applications has employers warning of looming labour shortages – even as tens of thousands who were tricked into moving to Malaysia struggle to find legal work.
Posted on April 6, 2024

Axiata’s Edotco to sell tower business in Myanmar for $150m

In a filing with Bursa Malaysia yesterday, Axiata said its subsidiary Edotco entered into a share purchase agreement to sell its entire 87.5 percent stake in Edotco Investments Si …
Posted on April 5, 2024

Malaysia’s Buy Now Pay Later Market Forecasted to Reach US$4.76 Billion by 2029 with a Strong CAGR of 11.4%

The BNPL movement in Malaysia signifies a pivotal shift in consumer finance, catalyzing new opportunities in the digital economy. By embracing innovation and adapting to consumer needs, BNPL in …
Posted on April 4, 2024

Ten Years After MH370, Malaysia Air Seeks to Shed Troubled Past

Izham has built a C-suite leadership with an average age of 46, which he is banking on to provide “continuity” to the business plan he has put in place. That plan aims to have Malaysia Airlines among …
Posted on April 4, 2024

Axiata’s edotco to sell Myanmar tower business for US$150 mil

Axiata Group Bhd, Malaysia’s biggest wireless carrier by revenue, said on Thursday it is selling its Myanmar tower business for US$150 million, or about RM713 million, and exit the Southeast Asian …
Posted on April 4, 2024

Axiata’s edotco to sell Myanmar tower business for US$150 mil

Axiata Group Bhd, Malaysia’s biggest wireless carrier by revenue, said on Thursday it is selling its Myanmar tower business for US$150 million, or about RM713 million, and exit the Southeast Asian …
Posted on April 3, 2024

I spent a night in one of the empty apartments in Malaysia’s $100 billion ghost town, and I can see why very few people want to live there

Malaysia’s Forest City was a ghost town. At night, the windows of hundreds of rows of apartments stayed dark.

( read original story …)



Posted on April 2, 2024

Two go on trial in Switzerland over ‘kleptocracy’ scandal involving Saudi oil firm, Malaysian bank

GENEVA (AP) — Two managers of a Saudi oil exploration company went on trial in Switzerland on Tuesday for alleged fraud and money laundering over a scandal years ago linked to a Malaysian sovereign …

( read original story …)



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