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Latest Articles in malaysia

Malaysia's Axiata In Talks To Buy Smaller Indonesia Telecom Rival - CEO

The company also operates in Bangladesh, Cambodia, Nepal, Pakistan, Myanmar, Thailand, Laos and the Philippines.

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Malaysia To Strengthen Trade Ties With India After Palm Oil Purchases

Indian buyers contracted up to 200,000 tonnes of Malaysian crude palm oil for June and July, after a four-month gap following a diplomatic row.

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Malaysia Signs Record Rice Import Deal With India: Exporters

Malaysia is the world's second-biggest producer and exporter of the vegetable oil after Indonesia, and India's restrictions had badly affected its sales.

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Malaysia's Central Bank Cuts Key Interest Rate To 2.00%, Lowest Since 2009

The central bank had projected exports to contract by as much as 8.7% in 2020, as key trading partners struggled with the pandemic.

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AirAsia Will Not Take Jet Deliveries This Year, Revisiting Airbus Order Book

Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros

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Malaysia Says Welcomes OPEC+ Pact To Cut Crude Oil Output

The supply reduction agreement between OPEC members and allies, as it would stabilise the global oil market and ensure supply security for consumers.

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Malaysia Cuts Crude Palm Oil Export Duty For May To 4.5%

The export tax structure starts at 3% for crude palm oil when priced in a 2,250-2,400 ringgit-per-tonne range.

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Malaysian Firms Led By World's Top Glove Maker Prioritise Medical Supplies

The Malaysian company, which makes one out of every five gloves in the world, will have a facility ready in two months with a production capacity of 110 million masks a year.

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Malaysia Widens Fiscal Deficit Target After Coronavirus Stimulus Measures

Malaysia relies on state-owned oil and gas firm Petronas for a portion of its revenue. Lower energy prices could lead to a drop in Petronas' profit and the dividend it pays to the government.

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Malaysia Announces $58-Billion Stimulus Package To Cushion Impact Of Coronavirus

The number of confirmed infections in Malaysia has doubled this week to over 2,000, the highest in Southeast Asia, with 23 deaths.

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Malaysia Says Relations With India To Improve After New Delhi Lifts Tax

India's trade remedial body had in early March recommended the government not to extend the 5% bilateral safeguard duty on imports of refined palm oil from Malaysia.

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Malaysia's Medical Glove Makers Warn Of Chronic Shortage, Cost Increases

The Malaysian Rubber Gloves Manufacturers Association (MARGMA) also said production would be cut because of a virtual one-month lockdown in the country.

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Malaysia's Biggest Palm Oil State Shuts Some Plantations Due To Virus

Malaysia has said 16,000 people attended the event held between Feb 27 and March 1. Most of the participants were Malaysian residents but there were also attendees from 25 countries.

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Malaysia's AirAsia Says Independent Review Found Airbus Procurement Process Robust

AirAsia earlier this year became embroiled in allegations that Airbus' $50 million sponsorship was aimed at influencing the group's aircraft acquisition.

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Malaysia's Sugar Purchases From India Hit Record Amid Diplomatic Spat - Trade

India, hoping to reduce its vast surplus stocks of sugar, has approved an export subsidy of 10,448 Indian rupees ($142) per tonne of the sweetener for the marketing year that will end on Sept. 30.

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