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Page 12 - Malaysia

Malaysia's economy posts biggest annual decline since 1998 crisis

The economy contracted 3.4% year-on-year in the October-December period, falling for a third straight quarter and faster than the 3.1% decline forecast in a Reuters poll

Malaysia's economy posts biggest annual decline since 1998 crisis
Updated On : 11 Feb 2021 | 10:26 AM IST

Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critic

The producers of palm oil, grown primarily in Indonesia and Malaysia, are accused of clearing vast areas of biodiversity rich rainforests in Southeast Asia and exploiting migrant workers

Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critic
Updated On : 19 Jan 2021 | 1:19 PM IST

Malaysia unveils $3.7 billion package as Covid-19 pandemic cases surge

The measures come a week after Malaysia declared a state of emergency, allowing the government to enact immediate laws to contain the pandemic and support the economy

Malaysia unveils $3.7 billion package as Covid-19 pandemic cases surge
Updated On : 19 Jan 2021 | 12:57 AM IST

AirAsia X shows court creditors' support for restructuring plan: Report

Most of AirAsia X's lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganisation, court documents show

AirAsia X shows court creditors' support for restructuring plan: Report
Updated On : 15 Jan 2021 | 8:41 AM IST

Malaysia emergency suspends parliament for first time since 1969

The emergency declared on Tuesday puts off any risk of an election for Muhyiddin

Malaysia emergency suspends parliament for first time since 1969
Updated On : 13 Jan 2021 | 1:55 AM IST

BlackRock raps board of world's biggest glove maker over worker safety

The board of directors of Malaysian firm Top Glove has failed egregiously in protecting its workers from Covid-19, US investor BlackRock said, calling for its removal

BlackRock raps board of world's biggest glove maker over worker safety
Updated On : 07 Jan 2021 | 11:51 AM IST

Malaysia and Singapore terminate agreement to build high-speed rail link

Singapore and Malaysia said a deal to build a high-speed rail (HSR) link between the two neighbours will be terminated, after a suspension period to negotiate terms of the project expired on Dec 31

Malaysia and Singapore terminate agreement to build high-speed rail link
Updated On : 01 Jan 2021 | 9:54 AM IST

US bans shipments from second Malaysian palm oil giant over forced labour

The US said it will ban all shipments of palm oil from one of the world's biggest producers after finding indicators of forced labour and other abuses

US bans shipments from second Malaysian palm oil giant over forced labour
Updated On : 31 Dec 2020 | 7:48 AM IST

US slaps imports ban on second Malaysian palm oil giant over forced labour

The order was announced just three months after the federal government slapped the same ban on another Malaysian palm oil giant, FGV Holdings Berhad

US slaps imports ban on second Malaysian palm oil giant over forced labour
Updated On : 30 Dec 2020 | 11:38 PM IST

Tatas spread wings in aviation, hike stake in AirAsia India to 84%

Malaysian parent planning to quit the joint venture fully

Tatas spread wings in aviation, hike stake in AirAsia India to 84%
Updated On : 30 Dec 2020 | 12:29 AM IST

Malaysia to charge second glove maker over poor worker accommodation

Malaysia aims to file 30 charges against glove maker Brightway Holdings and two of its subsidiaries, after raids that found workers' accommodation was not up to legal standards

Malaysia to charge second glove maker over poor worker accommodation
Updated On : 28 Dec 2020 | 10:02 AM IST

Malaysia secures Pfizer Covid-19 vaccine in a first for Southeast Asia

Many Asian countries are not betting on it partly due to tropical heat, remote island communities and a lack of ultra-cold freezers

Malaysia secures Pfizer Covid-19 vaccine in a first for Southeast Asia
Updated On : 28 Nov 2020 | 2:11 AM IST

Malaysian PM gains political lifeline with 2021 budget approval

Parliament passed the budget by a voice vote, leaving it unclear exactly how many of the 222 lawmakers supported the government's first budget

Malaysian PM gains political lifeline with 2021 budget approval
Updated On : 27 Nov 2020 | 2:56 AM IST

RCEP signatories ready for talks once India gives written request to join

Countries that have signed the RCEP agreement can start negotiations with India for joining the pact once New Delhi submits a written request stating its intention for the same

RCEP signatories ready for talks once India gives written request to join
Updated On : 15 Nov 2020 | 4:37 PM IST

Malaysia to raise 2021 spending to counter coronavirus impact on economy

Malaysia's government proposed a larger national budget in 2021 on Friday to help the coronavirus-hit economy rebound by up to 7.5% and provide increased handouts for the poor. The budget is the first by the unelected government of Prime Minister Muhyiddin Yassin, who took power in March after initiating the collapse of the former reformist government. It is a key test of support for Muhyiddin, who has a slim two-seat majority in Parliament and faces challenges from allies in his coalition and opposition parties. Finance Minister Zafrul Aziz told Parliament that the expansionary budget has the people's welfare in mind during the pandemic and will raise spending to a record 322.5 billion ringgit ($78.1 billion), up 2.5% from this year. That includes a sharp rise in development spending to 69 billion ringgit ($1.7 billion) as well as 17 billion ringgit ($4.1 billion) for a COVID-19 fund. Zafrul said the economy could grow 6.5%- 7.5% in 2021, from a projected 4.5% contraction this ye

Malaysia to raise 2021 spending to counter coronavirus impact on economy
Updated On : 06 Nov 2020 | 9:47 PM IST

Malaysia's past casts a long shadow on its present-day politics and economy

Unlike neighboring Indonesia and the Philippines, politics in Malaysia seems unable to throw up newcomers or mold-breakers

Malaysia's past casts a long shadow on its present-day politics and economy
Updated On : 31 Oct 2020 | 8:53 AM IST

Twitter deletes Mahathir Mohamad's tweet for glorifying violence in France

Twitter removed former Malaysian PM Mahathir Mohamad's tweet, for violating its rules banning the glorification of violence, shortly after a violent knife attack in Nice, which left three people dead

Twitter deletes Mahathir Mohamad's tweet for glorifying violence in France
Updated On : 30 Oct 2020 | 7:55 AM IST

Malaysian PM seeks king's nod to declare state of emergency: Report

The government is scheduled to propose its 2021 budget on Nov. 6, and there have been questions over whether it can muster a majority in parliament for that.

Malaysian PM seeks king's nod to declare state of emergency: Report
Updated On : 23 Oct 2020 | 11:25 PM IST

Cabinet approves mutual recognition pact between ICAI, Malaysia's MICPA

ICAI intends to establish bilateral cooperation with the Institutes in the Asia Pacific Region and therefore intends to sign the MoU with the MICPA

Cabinet approves mutual recognition pact between ICAI, Malaysia's MICPA
Updated On : 21 Oct 2020 | 7:35 PM IST

Malaysia's Anwar Ibrahim grilled by police over bid to become PM

Anwar met the nation's king on Tuesday to show evidence that he has majority support in Parliament to form a new government and unseat Prime Minister Muhyiddin Yassin

Malaysia's Anwar Ibrahim grilled by police over bid to become PM
Updated On : 17 Oct 2020 | 1:40 AM IST