Tags Posts tagged with "Economy of Malaysia"

Economy of Malaysia

Malaysia Airlines to terminate entire workforce (except 1)

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Troubled national carrier will begin the process of sacking its entire workforce via termination letters, to be sent out this Wednesday. The airliner will...
Malaysia secures $720 million German investments

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Malaysia has attracted 2.35 billion ringgit ($720 million) in investments from Germany during the its recent investment mission in Frankfurt. International Trade and Industry Minister...
Twin air disasters threaten Malaysian tourism push

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An unprecedented second major aviation disaster in four months could further associate Malaysia with calamity in the eyes of travelers, observers warn, putting the...
Three Malaysian banks in merger talks

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Three Malaysian banks, including CIMB Group Holdings, said on July 10 that they are in merger talks, which, if successful, would create the country's...
Malaysia eyes first rate hike in 3 years

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Malaysia's central bank Bank Negara is expected to raise interest rates on July 10 for the first time in more than three years to...
Malaysia Airlines may be taken private for restructuring

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Malaysia's state investment vehicle Khazanah Nasional Bhd plans to take Malaysia Airlines (MAS) private as the first step in a major restructuring of the...
Khazanah to announce crisis plan for Malaysia Airlines

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Malaysia's state investment vehicle Khazanah Nasional Bhd will announce a plan for Malaysia Airlines (MAS) in six to 12 months to hopefully be able...
Malaysia’s prime minister in favour of TPPA

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Malaysian Prime Minister Najib Razak has reassured Malaysians that the country stands to gain from an expanded market base by joining the Trans-Pacific Partnership...
Malaysia Airlines will not get any more subsidies: Minister

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Troubled Malaysia Airlines (MAS) will not be given any more financial support by the government, said the country's Tourism and Culture Minister Datuk Seri...
Passenger numbers up in Malaysia despite MH370 crisis

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Despite a decline in the growth rate for air passenger traffic towards the last 10 days of March 2014 due to the Malaysia Airlines...
Malaysia’s exports up 12.2% in January

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Malaysia's exports rose 12.2 per cent to 63.97 billion ringgit ($19.68 billion) in January 2014 while imports rose 7.2 per cent to 57.62 billion...
Wealth of Malaysia’s richest grew 11.7%

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The combined wealth of Malaysia’s 40 richest individuals surged to 217.82 billion ringgit ($66 billion) as of January 18, 2014 or 11.73 per cent,...
Malaysia attracts $11.68b in foreign investment in 2013

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Malaysia attracted 38.774 billion ringgit ($11.68 billion) in foreign direct investments (FDI) in 2013, an increase of 24 per cent compared with 2012, the...
Malaysia’s export seen to grow 5.9% in 2014

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Maybank Investment Bank Research expects Malaysia's export and import growth in 2014 to improve to 5.9 per cent and 8 per cent, respectively. In...
Malaysia trade grows to $414 billion

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Despite a tough external environment, Malaysia's trade last year expanded by 4.6 per cent to 1.36 trillion ringgit, or $414 billion, from 1.309 trillion...
Malaysia sukuk sales set to double in January

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Planned sukuk sales in Malaysia for January 2014 are already double those completed in the same month of 2013 as companies seek to raise...
Malaysia to cut spending of officials

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Malaysian Prime Minister Najib Razak has announced new measures to curb public spending, including a 10 per cent cut in the entertainment allowance for...
S&P warns of Malaysia’s household debt

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Rating agency Standard & Poor's  has said that Malaysia’s rising household debts, while still manageable in this current economic condition, would be “problematic” if...