Malaysia’s fiscal deficit will nearly double to around 6% of annual economic output this year because of the government’s recent efforts to revive the economy, the finance minister told Reuters, …
Exclusive: Malaysia – Even $3 billion not enough to settle 1MDB case with Goldman
Malaysia’s new government would not be willing to accept even compensation of $3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a …
Malaysia’s Ex-PM to Hear Verdict in 1st Graft Case in July
Lawyers for Malaysia’s former Prime Minister Najib Razak say he was victimized by rogue bankers and should be acquitted of corruption linked to the massive looting of a state investment fund.
Malaysia cautious over US role in disputed South China Sea
In April, reports emerged of a “stand-off” in the South China Sea between the West Capella, an exploration ship hired by Malaysian national oil firm Petronas, and the Haiyang Dizhi 8, a Chinese …
India imposes anti-dumping duty on electronic calculators from Malaysia
The revenue department said electronic calculators are exported to India from Malaysia below their associated normal price, thus amounting to dumping.Imports of electronic calculators from Malaysia …
Malaysia Farms Face $3 Billion Hit From Palm Oil Worker Shortage
The coronavirus pandemic has left Malaysia’s palm oil industry without enough workers, a shortage that could cost farmers as much as 25% of their annual production — a loss worth about $2.8 …
Top supplier Malaysia sees no quick end to shortages in $8 billion gloves industry
A global shortage of medical gloves due to a coronavirus-driven surge in demand will carry over into next year, Malaysia, the world’s biggest gloves supplier, said on Thursday, warning buyers to be …
Malaysia Group Tests Migrant Workers as Virus Clusters Emerge
An aid organization in Malaysia is offering free coronavirus tests for migrant workers to let them resume their jobs as the country grapples with infections spreading among immigration detainees.
Malaysia Scraps 5G Permits After Backlash Over Lack of Tender
Malaysia revoked an order to grant 5G airwaves to telecommunications companies including Telekom Malaysia Bhd. and Celcom Axiata Bhd., citing transparency as well as technical and legal issues.
Najib Says Malaysia Polls Likely If Political Uncertainty Stays
Malaysia’s former leader Najib Razak warned of a “high chance” of elections if the nation’s politics continue to be in turmoil.