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Tag: Malaysia

Posted on November 2, 2023

Malaysia’s aviation sector hits severe turbulence

This article first appeared in The Edge Malaysia Weekly on October 23, 2023 – October 29, 2023 IT hasn’t been the best of times for the Malaysian aviation industry. Cash-strapped MYAirline Sdn Bhd, …
Posted on November 2, 2023

MSM drops legal action against Gas Malaysia unit

MSM Malaysia filed a lawsuit against Gas Malaysia Energy and Services Sdn Bhd last year. (MSM Malaysia pic) PETALING JAYA: Sugar refinery company MSM Malaysia Holdings Bhd has dis …
Posted on November 2, 2023

MSM drops legal action against Gas Malaysia unit

MSM Malaysia filed a lawsuit against Gas Malaysia Energy and Services Sdn Bhd last year. (MSM Malaysia pic) PETALING JAYA: Sugar refinery company MSM Malaysia Holdings Bhd has dis …
Posted on November 2, 2023

Malaysia’s October manufacturing PMI stays at 46.8 for 14th month of business downturn

The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) was unchanged at 46.8 in October, and signalled an easing of business conditions for the fourteenth …
Posted on November 2, 2023

Malaysia keeps key rate at 3% as expected, says economy still resilient; inflation eases

Last week, Bank Negara governor Abdul Rasheed Abdul Ghaffour and Prime Minister Anwar Ibrahim (who is also finance minister … Nevertheless, these developments are not expected to derail Malaysia’s …
Posted on November 2, 2023

Bursa Malaysia remains higher at mid-afternoon

Bursa Malaysia stayed higher at mid-afternoon on continued bargain hunting in selected heavyweights led by telecommunications and finance counters.
Posted on November 2, 2023

Bursa Malaysia remains higher at mid-afternoon

Bursa Malaysia stayed higher at mid-afternoon on continued bargain hunting in selected heavyweights led by telecommunications and finance counters.
Posted on November 2, 2023

Bursa Malaysia firmer at mid-morning

Bursa Malaysia remained firm at mid-morning, supported by buying interest mainly in the telecommunications, finance and utilities counters. At …
Posted on November 2, 2023

Bursa Malaysia firmer at mid-morning

Bursa Malaysia remained firm at mid-morning, supported by buying interest mainly in the telecommunications, finance and utilities counters. At …
Posted on November 2, 2023

Japan’s Mitsui to Buy 12.7% Stake in Axiata’s Digital and Analytics Unit

(Reuters) – Japanese trading house Mitsui will take a 12.69% stake in Axiata Group’s digital and analytics unit, the Malaysian telecommunications conglomerate said on Thursday. Mitsui will invest $58 million in Axiata Digital & Analytics (ADA) through ADA’s holding company, Axiata Digital Services.

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