KUALA LUMPUR: The ringgit opened easier against the US dollar Wednesday on mild profit-taking following Tuesday”s gains. At 9.02 am(0102gmt), the local unit was quoted at 4.3020/3050 against Tuesday”s 4.2920/2950. A dealer said the greenback
Read moreTag: Malaysia
Malaysia also hit by WannaCry ransomware
Network cables are seen going into a server in an office building in Washington, DC, on May 13, 2017. International investigators hunted on Saturday for those behind an unprecedented cyber-attack that affected systems in dozens
Read moreChinese deals in Malaysia under scrutiny
China’s growing involvement in Malaysia has been praised and panned in recent years. The Sunday Times looks at how its widening presence is drawing increasing attention in the first of a two-part series. Tomorrow, why
Read moreFormula One: Malaysia confirms F1 race to be halted from 2018 due to low returns
KUALA LUMPUR (Reuters) – Malaysia confirmed on Friday (April 7) that it will end its contract to host the Formula One Grand Prix race from 2018 due to declining sales. Malaysia’s tourism minister had said
Read moreGirls as young as nine ready for marriage, says Malaysian MP
KUALA LUMPUR • A Malaysian Member of Parliament has sparked outrage in the country by saying that girls as young as nine were “physically and spiritually” ready for marriage. His comments came as the Muslim-majority
Read moreMalaysia says no sign of heart attack or puncture wounds on North Korean man who died after airport incident
KUALA LUMPUR – Malaysia’s health ministry said on Tuesday (Feb 21) that there was no evidence of a heart attack, puncture wounds or marks on the North Korean man who died after an attack at
Read moreSingapore, Malaysia police team up to cripple cross-border Internet love scam syndicates involved in 108 cases
SINGAPORE – A joint operation conducted in several Malaysian states last week yielded 27 arrested suspects believed to be involved in cross-border Internet love scam syndicates. The operation, which took place from Feb 6 to
Read moreSafety of bus passengers of ‘paramount importance’: Malaysian transport minister
KUALA LUMPUR: In the wake of a horrific bus crash in Muar that left 14 dead, Transport Minister Liow Tiong Lai has stated that safety and security of passengers is of “paramount importance” to Malaysia.
Read moreJoint tender for HSR project to launch end-2017
Joint tender for HSR project to launch end-2017 The 350 km rail link is expected to reduce travel time between Singapore and Kuala Lumpur to just 90 minutes. MyHSR CEO Mohd Nur Ismal Kamal
Read moreMoney changers in Singapore run out of ringgit
Rates down from last week, but demand still high for plunging Malaysian currency At least four money changers at Change Alley ran out of the Malaysian currency yesterday as people stocked up on the plunging
Read moreMalaysia creates anti-terror force for quick response
Members of 170-strong unit come from police, armed forces and maritime enforcement agency Trinna Leong Malaysia Correspondent In Kuala Lumpur Malaysia has launched an anti-terror unit, comprising officers from the police, armed forces and the Malaysian
Read moreSingapore orders bank closure and fines over 1MDB links
The Monetary Authority of Singapore has ordered a Swiss merchant bank to close and fined two other banks for breaching anti-money laundering controls. The action follows an investigation into money flows linked to the Malaysian
Read moreThe place to invest in Asia- Malaysia
1: Kuala Lumpur, Malaysia Good: Low transaction costs, high yields for luxury apartments, reforms improved rental market. Bad:High rental income tax, pro-tenant rental market. The economy is slowing, the ringgit is depreciating, and there’s a
Read moreMalaysia – When will the property market pick up?
Experts predict between 2018 and 2019 AT a recent property seminar organised by Asian Strategy & Leadership Institute, several developers and property consultants had a debate predicting when the property market will pick up. Real
Read moreSingaporean climber found dead in ravine at Mount Kinabalu
SINGAPORE: A climber from Singapore has been found dead after going missing on Mount Kinabalu. Woon Tai Kiang was found early on Sunday (Oct 2) in a 150-metre-deep ravine near Sayat-Sayat, a checkpoint on the
Read moreMalaysia bans school trips to Singapore, Philippines over Zika fears
KOTA TINGGI • Malaysia’s Education Ministry has imposed a temporary ban on school trips and other education-related visits to Singapore and the Philippines to prevent the spread of the Zika virus, according to Malaysian media
Read moreThose implicated in US 1MDB lawsuits must clear their name
Malaysian Prime Minister Najib Razak said on Monday (July 25) that those named in the United States’ Department of Justice (DOJ) civil lawsuits on the freezing of assets linked to 1Malaysia Development Berhad (1MDB) must
Read moreMalaysia 1MDB investigation: US seeks to seize $1bn in assets
The US Justice Department is looking to seize more than $1bn (£761m) in assets as part of its investigation into Malaysia’s state fund 1MDB. Lawsuits filed in Los Angeles by the Justice Department allege there
Read morePM Lee to visit Malaysia on Tuesday to witness signing of MOU on KL-Singapore high-speed rail
SINGAPORE – Prime Minister Lee Hsien Loong will be in Putrajaya on Tuesday (July 19) for the signing of an agreement on the much-anticipated high-speed rail (HSR) that will connect Kuala Lumpur and Singapore. Mr
Read moreSingapore-registered car catches fire at Malaysia customs
JOHOR BARU – A Singapore-registered car with cartons of cigarettes in its engine compartment caught fire at the exit lane of the Customs, Immigration and Quarantine (CIQ) Complex at Sultan Iskandar Building on Tuesday night
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