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Tag: Malaysia

Posted on December 18, 2020

Tesco completes £8bn Malaysia and Thailand business sale prompting £5bn shareholder windfall

Tesco has completed the £8bn sale of its Thailand and Malaysia businesses and is gearing up to pay a £5bn special dividend to shareholders.

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Posted on December 18, 2020

IMF projects Malaysia’s GDP to grow by 7% in 2021

KUALA LUMPUR (Dec 18): The International Monetary Fund (IMF) is projecting Malaysia’s economy to rebound by 7% in 2021, supported by both domestic and external demand, but said recovery will be uneven …

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Posted on December 18, 2020

Deaf South Korean pastor charged in Malaysia with sexual assault

A deaf South Korean pastor was charged in a Malaysian court on Friday with sexually assaulting two men in separate incidents dating back to 2013, his lawyer said.

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Posted on December 18, 2020

China Vaccine Push, Malaysia to Ease Restrictions: Virus Update

Moderna Inc.’s Covid-19 vaccine won backing from a panel of experts who advise U.S. regulators, setting the stage for its shot to be the second vaccine cleared in the U.S.

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Posted on December 18, 2020

Malaysia total Covid-19 cases exceed 90k with 1,683 new infections

PUTRAJAYA: Malaysia recorded 1,683 more Covid-19 infections on Friday (Dec 18), taking the country’s total of confirmed cases past the 90k mark to 90,816, says the Health Ministry.

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Posted on December 18, 2020

Toyo Tires’ Proxes CR1 makes way to Malaysia’s market

KUALA LUMPUR: Passenger car or sports utility vehicle (SUV) owners may want to check out Toyo Tires’ new Proxes CR1 tyres which has finally entered the market.

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Posted on December 18, 2020

MoU inked to push Malaysian companies to Sri Lanka, SEA market

Malaysia Digital Economy Corporation (MDEC) has signed a new memorandum of understanding (MoU) with the Federation of Information Technology Industry Sri Lanka (FITIS) to facilitate Malaysian companie …

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Posted on December 18, 2020

Malaysia’s businesses are ‘apprehensive but sanguine’ heading into 2021

Businesses in Malaysia exhibit considerable concern in terms of prospects and outlook, especially with the on-going Covid-19 pandemic …

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Posted on December 18, 2020

Malaysia on V-shaped recovery mode

PETALING JAYA: Malaysia is poised for a V-shaped recovery as seen in the bullish performance of the domestic equity market, ringgit, and some economic data amid improved business as well investor …

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Posted on December 18, 2020

Foreign-Local Tug of War Hangs Over Malaysia Debt

Malaysia’s yield curve is trading near the steepest in almost four years amid wider fiscal deficit concerns. As demand from pension funds is expected to decline in 2021, any shift in the curve will …

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