Malaysia
Carsome to delay its US-Singapore dual listing amid valuation concerns
Malaysian online car sales platform Carsome, which operates a used-car online marketplace across Southeast Asia, said it is delaying its planned dual listing in...
Malaysia’s ex-premier Mahathir suggests that Singapore should be ‘returned’ to Malaysia
Former Malaysian prime minister Mahathir Mohammad in what can be interpreted as a nationalistic outburst said that Malaysia should claim that Singapore gets “returned”...
Malaysia seeks to phase out tobacco smoking completely, a world’s first
Malaysia strives to become the first country in the world to put a complete end to smoking of tobacco, starting with the youngest generation.
The...
Malaysia again ranked first for halal tourism amid sector recovery
Malaysia has maintained its position as the top travel destination for Muslims in the world. The country came first again in the newly released...
AirAsia to launch ride hailing service in the Philippines and Indonesia
Malaysia’s Capital A, the holding company formerly known as AirAsia Group, plans to expand its ride hailing platform on its e-commerce platform “Super App”...
Malaysia expects almost $4 billion in US investments by the third quarter this year
Malaysia has attracted 16.52 billion ringgit ($3.8 billion) worth of new investments commitments through its trade mission in the US this year so far,...
US chocolate giant opens research center in Malaysia
US-based Hershey Company, the world’s fifth largest chocolate and candy maker, has opened a new research and development (R&D) center in Malaysia to develop...
Malaysia’s Sarawak seeks Norway’s help to set up sovereign wealth fund
The eastern Malaysian state of Sarawak has entered talks with Norway to set up and manage a sovereign wealth fund from oil and gas...
Malaysia invites US businesses, including Tesla, to invest in the country
Malaysian Prime Minister Ismail Sabri Yaakob during his four-day working visit to Washington, D.C. on May 11 has invited US businesses, particularly Fortune 500...
Southeast Asia’s tourism numbers catching up, but Thailand’s prospects questioned
With a recent relaxing of entry rules, most of Southeast Asia is reacting to the easing Covid-19 pandemic and reopening for travel, with airlines...
Malaysia grants digital banking license to five operators
Malaysia awarded digital banking licenses to five companies out of a total 29 which have applied for them, the country’s central bank said in...
Malaysia’s minimum wage hike comes at the wrong time, businesses say
The significant raise of Malaysia’s minimum wage by May 1 predictably does not find favour among businesses in the private sector, but some economists...
Malaysia’s Carsome plans dual listing in US and Singapore
Malaysian online car sales platform Carsome is reportedly seeking to go public through a dual listing on the Nasdaq in the US and the...
Porsche launches its first plant outside Europe – in Malaysia
German sports car maker Porsche on March 28 officially inaugurated its first manufacturing site outside Europe in Kulim district in Malaysia’s northern Kedah state...
Malaysia should adopt crypto as legal tender, ministry says
If it goes after Malaysia’s communication ministry, the country should follow El Salvador as the next nation to adopt cryptocurrencies as legal tender, Bloomberg...
AirAsia to launch ride-hailing service in Thailand
Malaysia’s budget airline group AirAsia, which is transforming into a transport and e-commerce conglomerate through its new holding firm Capital A, plans to expand...
Russia-Ukraine war to derail Southeast Asia’s tourism recovery
Travel industry experts fear that Russia’s invasion of Ukraine could become a major road bump for the fragile recovery of tourism-dependent economies in Southeast...
Manufacturing, tourism situation in Southeast Asia improves as pandemic eases
Manufacturing activity in and tourism bookings to Southeast Asia both improved since the beginning of the year, two separate sets of data show.
Thailand’s manufacturing...
Latest
Laos to boost online gambling industry
Laos has plans to issue regulations for offshore online gambling businesses with the aim to attract operators targeting markets elsewhere in Southeast Asia, particularly...
Stories of the week
Singapore biotech startup considers stock listing to raise $300 million
Singapore-based biotechnology startup Mirxes, which focuses on preventive healthcare solutions for cancer and infectious diseases, is weighing an initial public offering (IPO) in the...