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  • 1MDB scandal: Malaysian bank AmBank to pay $699 million as settlement Feb 27, 2021 09:42 AM IST

    1MDB scandal: Malaysian bank AmBank to pay $699 million as settlement

    The payment by AMMB Holdings Bhd is for "all outstanding claims and actions in relation to the AmBank Group's involvement in the 1MDB matter," Malaysia's finance ministry said.

  • Indonesia, Malaysia vow to counter anti-palm oil campaign Feb 05, 2021 04:38 PM IST

    Indonesia, Malaysia vow to counter anti-palm oil campaign

    After meeting with Malaysian Prime Minister Muhyiddin Yassin, Indonesian President Joko Widodo told a joint news conference that Indonesia is fighting against palm oil discrimination.

  • Sony to shut a Malaysia factory, consolidate facilities Dec 05, 2020 06:45 PM IST

    Sony to shut a Malaysia factory, consolidate facilities

    Operations at the plant will end by September 30 and it will shut by the end of March 2022, affecting about 3,600 employees in Penang.

  • Malaysia secures 12.8 million doses of Pfizer vaccine, delivery from first quarter Nov 27, 2020 04:10 PM IST

    Malaysia secures 12.8 million doses of Pfizer vaccine, delivery from first quarter

    The deal is expected to cover 6.4 million Malaysians, or 20 percent of the population, with another 10 percent to be covered under Malaysia's participation in the global COVAX facility, backed by the World Health Organization.

  • Twitter removes former Malaysian PM Mahathir Mohamad's tweet for glorifying violence Oct 30, 2020 12:42 PM IST

    Twitter removes former Malaysian PM Mahathir Mohamad's tweet for glorifying violence

    Mahathir Mahathir's tweet, now deleted, led to an outburst on the social media platform with many users calling out the former Malaysian prime minister.

  • Malaysia's king rejects PM's proposal to declare emergency over COVID-19 outbreak Oct 25, 2020 05:47 PM IST

    Malaysia's king rejects PM's proposal to declare emergency over COVID-19 outbreak

    The king can declare a state of emergency that allows the country to be governed through ordinances that cannot be challenged in court.

  • Malaysian premier mulls cabinet reshuffle to keep key ally: Sources Oct 19, 2020 05:10 PM IST

    Malaysian premier mulls cabinet reshuffle to keep key ally: Sources

    Muhyiddin Yassin is facing a premiership challenge from opposition leader Anwar Ibrahim, who last week met Malaysia's king in a bid to prove he has majority support from lawmakers, including from among government turncoats, to form a new government.

  • Malaysia's AirAsia looks to lay off staff: Report Sep 29, 2020 12:36 PM IST

    Malaysia's AirAsia looks to lay off staff: Report

    Affected staff will be informed within 72 hours, and AirAsia Malaysia will provide them assistance such as medical benefits and flight coupon redemptions year-end.

  • India opens dumping probe on Malaysia, Vietnam, Thai copper tube, pipe imports Sep 27, 2020 02:31 PM IST

    India opens dumping probe on Malaysia, Vietnam, Thai copper tube, pipe imports

    The investigation by India's Directorate General of Trade Remedies, the investigative arm of the commerce ministry, could result in these imports facing countervailing duties, said a government circular posted on Friday.

  • In pics | Old man and the sea: A Malaysian's mission to rid beaches of glass Sep 16, 2020 06:46 PM IST

    In pics | Old man and the sea: A Malaysian's mission to rid beaches of glass

    For the past 15 years, Tengku Mohamad Ali Mansor has made his mission to gather bottles washed ashore on Malaysia's rugged South China Sea coast.

  • Malaysia to bar entry of Indian citizens from September 7: Report Sep 02, 2020 09:16 AM IST

    Malaysia to bar entry of Indian citizens from September 7: Report

    Health authorities in Southeast Asia's third-largest economy have recorded over 9,300 cases as September 1, and 128 deaths, with new cases found in clusters detected in at least four states.

  • Malaysia to bar long-term pass holders from India, Indonesia, Philippines Sep 01, 2020 06:25 PM IST

    Malaysia to bar long-term pass holders from India, Indonesia, Philippines

    Health authorities in Southeast Asia's third-largest economy have recorded over 9,300 cases as of Tuesday, and 128 deaths, with new cases found in clusters detected in at least four states.

  • Scientists dispel coronavirus mutation fears, say 'Malaysia strain' no cause for concern Aug 21, 2020 07:51 AM IST

    Scientists dispel coronavirus mutation fears, say 'Malaysia strain' no cause for concern

    Unlike in several other parts of the world, such as the US, where other clades were initially present, the IISc microbiologist noted that in India the G clade was more prevalent even at the onset of the outbreak.

  • Coronavirus strain detected in Malaysia '10 times more infectious', potential vaccines may prove to be inadequate: Report Aug 17, 2020 09:09 AM IST

    Coronavirus strain detected in Malaysia '10 times more infectious', potential vaccines may prove to be inadequate: Report

    The mutation of the novel coronavirus could mean that existing research and development of vaccines against SARS-CoV-2 could prove to be inadequate or ineffective.

  • Goldman Sachs, Malaysia reach settlement agreement over 1MDB Jul 24, 2020 03:58 PM IST

    Goldman Sachs, Malaysia reach settlement agreement over 1MDB

    Settlement talks that restarted this week concluded on Friday, the sources said.

  • Govt extends anti-dumping duty on certain steel items till December 4 Jun 04, 2020 03:22 PM IST

    Govt extends anti-dumping duty on certain steel items till December 4

    The duty on imports of 'hot rolled flat products of stainless steel 304 series' from the said countries was first imposed by the finance ministry on June 5, 2015, for five years. The duty was imposed in the range of $180-316 per tonne.

  • As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA May 25, 2020 02:15 PM IST

    As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA

    The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production.

  • Malaysia drops charge against ‘Wolf of Wall Street’ producer May 16, 2020 07:56 PM IST

    Malaysia drops charge against ‘Wolf of Wall Street’ producer

    The anti-graft agency said in a statement that the government will recover $107.3 million of overseas assets involved in the case — about 43 percent of the $248 million Aziz was accused of having laundered from the 1MDB state investment fund — and Riza is also required to pay an unspecified fine.

  • More than 280,000 tonnes of gasoline stored on Singapore, Malaysia waters May 13, 2020 05:04 PM IST

    More than 280,000 tonnes of gasoline stored on Singapore, Malaysia waters

    Oil demand across the world has slumped as governments restricted people movements to curb the spread of the coronavirus, prompting sellers and traders to store all types of excess oil onboard ships.

  • Malaysia's Central Bank cuts policy rate to 2%, loosens liquidity to nurse economy through virus May 05, 2020 04:50 PM IST

    Malaysia's Central Bank cuts policy rate to 2%, loosens liquidity to nurse economy through virus

    It was the central bank's third cut in as many policy meetings, and had been widely expected by economists polled by Reuters, with the economy expected this year to suffer its worst economic performance in more than a decade.

  • Malaysia rounds up migrants to contain coronavirus, UN warns of detention risks May 02, 2020 03:40 PM IST

    Malaysia rounds up migrants to contain coronavirus, UN warns of detention risks

    Authorities said 586 undocumented migrants were arrested during a Friday raid in a downtown area where many foreigners live, a move the United Nations said could push vulnerable groups into hiding and prevent them from seeking treatment.

  • SpiceJet flight carries eight tonnes of medical supplies to Malaysia Apr 29, 2020 12:16 PM IST

    SpiceJet flight carries eight tonnes of medical supplies to Malaysia

    Ajay Singh, Chairman and Managing Director, SpiceJet, said, “With the addition of Kuala Lumpur to our international cargo network, SpiceJet is now operating regularly to over fifteen international destinations carrying essential and medical supplies."

  • Muslims try to keep Ramadan spirit amid coronavirus restrictions Apr 21, 2020 09:07 PM IST

    Muslims try to keep Ramadan spirit amid coronavirus restrictions

    As Ramadan begins with the new moon later this week, Muslims around the world are trying to maintain the cherished rituals of Islam’s holiest month without further spreading the outbreak.

  • Malaysia cuts crude palm oil export duty for May to 4.5% Apr 13, 2020 09:58 AM IST

    Malaysia cuts crude palm oil export duty for May to 4.5%

    Malaysia has reduced its export duty on crude palm oil to 4.5% for May from 5% in April, the Malaysian Palm Oil Board said on Monday, citing the national customs department.

  • Coronavirus pandemic | Worker crunch hits world's top medical glove maker as demand spikes Apr 01, 2020 04:10 PM IST

    Coronavirus pandemic | Worker crunch hits world's top medical glove maker as demand spikes

    The hiring drive has been hampered by Malaysia's month-long curbs on travel as well difficulties in flying in workers from countries such as Nepal, the company's main source of labour.

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