The Department of Statistics Malaysia said in a statement that Malaysia’s businesses foresee an improving business situation for the third quarter with a positive confidence indicator of 0.7 percent …
Shell commences production from Timi field offshore Malaysia
Sarawak Shell Berhad (SSB), a unit of energy major Shell, has commenced gas production at the Timi platform, offshore Malaysia. Discovered in 2018, Timi is a sweet gas field, which comes under the …
Malaysia commits RM2 billion in seed funding for energy transition projects
KUALA LUMPUR] The Malaysian government will allocate RM2 billion (S$582 million) as seed funding for the National Energy Transition Facility, to enable catalytic blended finance for energy transition …
Malaysia attracts foreign investment through friendly approach
Malaysia is expected to receive more investments going forward, supported by investors’ confidence in the Madani Economy framework and from offshoots from existing investments, said Malaysia …
China’s Country Garden says $100 billion Malaysia project on track
By A. Ananthalakshmi and Yantoultra Ngui KUALA LUMPUR/SINGAPORE (Reuters) -Embattled Chinese developer Country Garden said on Monday its $100-billion project in Malaysia was proceeding as planned and …
Malaysia’s domestic banks have limited exposure to Country Garden: Central bank
SINGAPORE: Malaysia’s central bank said on Monday (Aug 28) that banks incorporated in the Southeast Asian nation faced limited financial stability risk arising from exposure to China’s largest …
Country Garden says $100 billion Malaysia project on track
KUALA LUMPUR (Reuters) -Embattled Chinese developer Country Garden said on Monday its $100-billion project in Malaysia was proceeding as planned and it had sufficient assets, amid concerns over its …
Cagamas, Uzbekistan firm to collaborate on home financing
Cagamas, the National Mortgage Corporation of Malaysia, is collaborating with a refinancing company in Uzbekistan for the exchange of knowledge and experience in developing affordable housing finance …
Malaysia set to reopen embassy in Iraq
Twenty years since its closure, Malaysia is set to reopen its embassy in Iraq, which had been shut down due to unrest. Read full story …
Location of lost Malaysia Airlines flight MH370 could finally be found using new technique, scientists say
Scientists have developed a new technique to reconstruct the path and origin of debris from the missing flight MH370 that was lost over the Indian Ocean in 2014 with 239 passengers.