Malaysia state pension fund Kumpulan Wang Persaraan Diperbadankan has appointed former banker Jay Khairil Jeremy Abdullah as its new chief executive officer effective May 20, it said in a statement on Monday.
Malaysia state pension fund Kumpulan Wang Persaraan Diperbadankan has appointed former banker Jay Khairil Jeremy Abdullah as its new chief executive officer effective May 20, it said in a statement on Monday.
The Petronas Twin Towers, center, and other buildings in Kuala Lumpur, Malaysia. Photographer: Samsul Said/Bloomberg
Malaysia plans to seek clarification from Norway over a halt in the supply of naval strike missiles following a change in defense export policies — a further setback for a long-delayed combat ship project.
Malaysia plans to seek clarification from Norway over a halt in the supply of naval strike missiles following a change in defense export policies — a further setback for a long-delayed combat ship project.
Malaysian Prime Minister Anwar Ibrahim’s coalition looks to have averted losing control of key Negeri Sembilan state after the United Malays National Organisation agreed to maintain its alliance despite its assembly members bolting from the state government.
Malaysian Prime Minister Anwar Ibrahim’s coalition looks to have averted losing control of key Negeri Sembilan state after the United Malays National Organisation agreed to maintain its alliance despite its assembly members bolting from the state government.
Malaysia is working to secure fuel supply beyond June and will announce next month progress on plans to extend its inventory, Economy Minister Akmal Nasrullah Mohd Nasir said.
Malaysia is working to secure fuel supply beyond June and will announce next month progress on plans to extend its inventory, Economy Minister Akmal Nasrullah Mohd Nasir said.
Malaysian Prime Minister Anwar Ibrahim is considering calling for a general election in the third quarter as his government weighs politically sensitive cuts to fuel subsidies amid the global energy crunch, according to people with knowledge of the matter.
Malaysian Prime Minister Anwar Ibrahim is considering calling for a general election in the third quarter as his government weighs politically sensitive cuts to fuel subsidies amid the global energy crunch, according to people with knowledge of the matter.
Malaysian Prime Minister Anwar Ibrahim is considering calling for a general election in the third quarter as his government weighs politically sensitive cuts to fuel subsidies amid the global energy crunch, according to people with knowledge of the matter.
Malaysian Prime Minister Anwar Ibrahim is considering calling for a general election in the third quarter as his government weighs politically sensitive cuts to fuel subsidies amid the global energy crunch, according to people with knowledge of the matter.
Prime Minister Anwar Ibrahim signaled that Malaysia could play a role in ending the conflict in the Middle East, saying leaders from Gulf states have used his country as a channel to Iran’s leadership.
Prime Minister Anwar Ibrahim signaled that Malaysia could play a role in ending the conflict in the Middle East, saying leaders from Gulf states have used his country as a channel to Iran’s leadership.
Malaysia is preparing to amend its environmental laws to give authorities greater power to curb illegal electronic waste as the country seeks to avoid becoming a global dumping ground for discarded components, according to a local media report.
Malaysia is preparing to amend its environmental laws to give authorities greater power to curb illegal electronic waste as the country seeks to avoid becoming a global dumping ground for discarded components, according to a local media report.
Malaysian officials open up a seized container with electronic waste in Port Klang on the outskirts of Kuala Lumpur on June 26, 2024. Malaysia has seized 106 containers of dangerous electronic waste over the last three months and busted an illegal waste import syndicate after a tip-off from a watchdog group, a minister said. (Photo by AFP) / Malaysia OUT (Photo by STR/AFP via Getty Images)
Malaysia’s government expects to spend about 7 billion ringgit ($1.8 billion) on fuel subsidies in April, roughly ten times more than what it was paying before the Iran war.
Malaysia’s government expects to spend about 7 billion ringgit ($1.8 billion) on fuel subsidies in April, roughly ten times more than what it was paying before the Iran war.
Malaysian chip-design firm Skyechip Bhd. has signed an underwriting agreement with local banks for an initial public offering, with proceeds earmarked for the research and development of artificial intelligence products.
Malaysian chip-design firm Skyechip Bhd. has signed an underwriting agreement with local banks for an initial public offering, with proceeds earmarked for the research and development of artificial intelligence products.
IOI Properties Group Bhd. plans to establish a real estate investment trust holding its retail, hotel, and office assets, followed by a listing that could raise about 1.98 billion ringgit ($500 million) for the Malaysian developer.
IOI Properties Group Bhd. plans to establish a real estate investment trust holding its retail, hotel, and office assets, followed by a listing that could raise about 1.98 billion ringgit ($500 million) for the Malaysian developer.
Pedestrians in the Kuala Lumpur City Centre (KLCC) Park in Kuala Lumpur, Malaysia, on Tuesday, Aug. 27, 2024. A quarter-century after the Petronas Twin Towers became the world’s tallest buildings and reshaped Kuala Lumpur’s skyline, Malaysia’s capital is continuing to add new skyscrapers despite growing doubts over the level of demand for property. Photographer: Ian Teh/Bloomberg
Australian developer Walker Corp. and Malaysian tycoon Syed Mokhtar Al-Bukhary are considering an initial public offering of their joint venture to raise as much as 500 million ringgit ($125 million), according to people familiar with the matter.
Australian developer Walker Corp. and Malaysian tycoon Syed Mokhtar Al-Bukhary are considering an initial public offering of their joint venture to raise as much as 500 million ringgit ($125 million), according to people familiar with the matter.
A bear and bull statue in front of the Bursa Malaysia in Kuala Lumpur, Malaysia, on Friday, May 23, 2025. Discount-chain Eco-Shop Marketing Bhd. debuts in Malaysia on Friday in a listing that’s set to create a billionaire after the nation’s biggest initial public offering of the year. Photographer: Samsul Said/Bloomberg
Malaysian construction conglomerate IJM Corp Bhd. shares fell after Sunway Bhd.’s takeover offer lapsed, raising the risk of near-term selling pressure as investors reassess its outlook.
Malaysian construction conglomerate IJM Corp Bhd. shares fell after Sunway Bhd.’s takeover offer lapsed, raising the risk of near-term selling pressure as investors reassess its outlook.
Cranes operate at an IJM Corp construction site in Penang, Malaysia.
Malaysian low-cost carrier AirAsia X Bhd. has hiked airfares by as much as 40% and raised fuel surcharges by a fifth after jet fuel costs more than doubled in the wake of the Iran war.
Malaysian low-cost carrier AirAsia X Bhd. has hiked airfares by as much as 40% and raised fuel surcharges by a fifth after jet fuel costs more than doubled in the wake of the Iran war.
An Airbus A330 aircraft operated by AirAsia X Bhd. grounded at Kuala Lumpur International Airport Airport 2. Photographer: Samsul Said/Bloomberg
MTT Shipping and Logistics Bhd. is forging ahead with expansion plans and an April IPO, shrugging off disruptions from the Middle East war as cargo volumes hold steady.
MTT Shipping and Logistics Bhd. is forging ahead with expansion plans and an April IPO, shrugging off disruptions from the Middle East war as cargo volumes hold steady.
MTT Xu May container ship. Source: MTT Shipping and Logistics Bhd.
Malaysia lifted its economic growth forecast for 2026, expecting strong domestic demand and investment to cushion the impact of the escalating war in the Middle East.
Malaysia lifted its economic growth forecast for 2026, expecting strong domestic demand and investment to cushion the impact of the escalating war in the Middle East.
The Petronas Twins Towers in Kuala Lumpur, Malaysia, on Monday, April 22, 2024. Malaysia's sovereign wealth fund Khazanah Nasional Bhd. will set up a venture capital of up to 3 billion ringgit ($627 million) with two other partners to invest in startups in Southeast Asia. Photographer: Samsul Said/Bloomberg
Shares of Malaysia’s Sunway Healthcare Bhd. jumped more than 38% in their debut after the company raised 2.86 billion ringgit ($731 million) in the country’s largest initial public offering in nine years.
Shares of Malaysia’s Sunway Healthcare Bhd. jumped more than 38% in their debut after the company raised 2.86 billion ringgit ($731 million) in the country’s largest initial public offering in nine years.
Malaysian construction giant Sunway Bhd.’s 11 billion ringgit ($2.8 billion) takeover bid for IJM Corp Bhd. faces growing uncertainty after the target’s board and an independent adviser urged shareholders to reject the offer, citing valuation concerns. Analysts are divided on how investors should respond.
Malaysian construction giant Sunway Bhd.’s 11 billion ringgit ($2.8 billion) takeover bid for IJM Corp Bhd. faces growing uncertainty after the target’s board and an independent adviser urged shareholders to reject the offer, citing valuation concerns. Analysts are divided on how investors should respond.
Malaysia’s opposition coalition will be led by a member of parliament from the Pan-Malaysian Islamic Party, a move that will increase the conservative group’s opportunity to disrupt the nation’s political landscape.
Malaysia’s opposition coalition will be led by a member of parliament from the Pan-Malaysian Islamic Party, a move that will increase the conservative group’s opportunity to disrupt the nation’s political landscape.
Members of the Pan-Malaysian Islamic Party pray outside the Palace of Justice (background), as they await the Federal Court's decision on Kelantan state's sharia law criminal enactment, in Putrajaya on February 9, 2024. (Photo by Mohd RASFAN / AFP) (Photo by MOHD RASFAN/AFP via Getty Images)
Malaysia’s second finance minister said policymakers will hold off on raising the country’s 2026 growth forecast as uncertainty over the Middle East conflict clouds the country’s economic outlook.
Malaysia’s second finance minister said policymakers will hold off on raising the country’s 2026 growth forecast as uncertainty over the Middle East conflict clouds the country’s economic outlook.