Malaysia

Versa, a Malaysian digital wealth startup, splits management fees between itself and asset managers. (Screenshot from Versa's website)
DealStreetAsia

Malaysian wealth startup Versa aims for profitability by 2027

CEO banks on annual doubling in gross transaction volume to meet goal

25 September 2023
The Mitsubishi Heavy Industries group has developed a test ship for transporting liquefied carbon dioxide. (Image courtesy of Mitsubishi Heavy Industries)
Climate Change

Japan, Malaysia to discuss carbon storage with aim of 2028 start

Exclusive: Two countries will explore using green fuels to ship CO2 to storage sites

25 September 2023
Kumpulan Wang Persaraan (KWAP) is responsible for the retirement savings of civil servants in Malaysia. (Screenshot from KWAP's website) 
DealStreetAsia

Malaysian pension fund KWAP launches $107m investment vehicle

Purpose is to target startups, venture capital funds over next 18 to 24 months

22 September 2023
A worker unloads palm oil fruit bunches at a factory in Tanjung Karang, Malaysia. Profits at Malaysian palm oil companies have been plummeting.
Trade

Malaysia to double palm oil exports to China, dodge EU restrictions

The two Asian nations sign infrastructure investment deals worth $4.2bn

18 September 2023
Malaysian Prime Minister Anwar Ibrahim speaks at the Unity Government Convention in Kuala Lumpur in May. Anwar now must worry about a growing conservative bent among voters. (Photo by Norman Goh)
Economy

Malaysia PM Anwar seeks economic boost as headwinds strengthen

Experts say rising conservatism could end up denting investor confidence

15 September 2023
Malaysian Prime Minister Anwar Ibrahim addressed parliament on Sept. 11 on optimization of rare earth resources. (Photo courtesy of Prime Minister's Office of Malaysia)
Trade

Malaysia plans to ban exports of rare earth minerals

Anwar wants 'maximum returns' from critical resources for high-tech sector

11 September 2023
A residential tower under construction at the Forest City development in Malaysia on Sept. 6. The overall project aims to house 700,000 people by 2035. (Photo by Kenji Kawase) 
China debt crunch

Country Garden's Malaysian project in focus amid contagion worries

$100bn Forest City development is troubled company's biggest overseas project

8 September 2023
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The Big Story

Inside Malaysia's $15bn battle with the lost Sultanate of Sulu

Hereditary rulers of kingdom in the Philippines see court case as way back to former greatness

6 September 2023
Antler launched in Singapore in 2017 and has branches across the Asia-Pacific region, Europe and North America. (Nikkei montage/Source photo by Reuters. Logo from Antler's website)
DealStreetAsia

Singapore's Antler aims to bring 'unique' value to Malaysia startups

VC company enters country via partnership with sovereign wealth fund

4 September 2023
A worker loads harvested palm fruits in Malaysia. Major exporters Indonesia and Malaysia are pushing new uses for the tropical oil in the face of market headwinds.
Market Spotlight

Indonesia, Malaysia push biofuel to offset palm oil price downturn

Falling prices hurt companies; risks loom from El Nino and EU deforestation law

4 September 2023
Malaysian Prime Minister Anwar Ibrahim, center in light blue, unveils the National Industrialization Master Plan 2030 in Kuala Lumpur on Sept. 1. (Photo by Norman Goh)
Economy

Malaysia unveils $20bn master plan to transform industry by 2030

Anwar government to foot 10% of bill to enhance supply chains and jobs

1 September 2023
Beijing this week published the 2023 edition of its "standard map" of China. (Screenshot from the Ministry of Natural Resources of China's website)
International relations

Malaysia, India and Taiwan reject China's new territorial map

Indian state and some Malaysian waters now inside 'nine-dash line'

31 August 2023
Singapore-based Princeton Digital Group is building new data centers in Malaysia and Indonesia. (Image courtesy of PDG)
Technology

Singapore data centers look to Malaysia, Indonesia to satisfy demand

Less space, more environment issues push operators into neighbor nations

31 August 2023
Don Don Donki has made its mark on Asia's retail sector with cheap products imported straight from Japan. (Photo by Ryo Asayama)
Retail

Don Quijote spearheads Japan's discount store boom in Asia

Aeon and Kobe Bussan also look to expand in region

31 August 2023
Tan Twan Eng's third novel is set a century ago in the Malaysian author's native Penang Island when it was under British colonial rule. The work was recently longlisted for the prestigious 2023 Booker Prize. (Nikkei montage/Source photos courtesy of Canongate Books, Tommi Chu)
Books

Books: Penang in the steps of William Somerset Maugham

Malaysian author Tan Twan Eng comes home to present his latest novel

31 August 2023
Tengku Muhammad Taufik, center, president and group CEO of Petronas, on August 30 in Kuala Lumpur says a weak global economy will keep the energy market bearish for the rest of the year. (Photo by Norman Goh)
Energy

Petronas gas project in Canada aims to start exports next year

Malaysian state energy company posts 13% net profit decline in 2023 first half

30 August 2023
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#techAsia

Intel's packaging plans and a giant step for India

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

24 August 2023
Malaysia is already a vital chip packaging, assembly and testing base for Intel, which employs 15,000 staff in the country. (Photo by Cheng Ting-Fang)
Semiconductors

Intel to quadruple cutting-edge chip packaging capacity by 2025

Top U.S. chipmaker expanding heavily in Malaysia to meet growing global demand

23 August 2023
A port in Butterworth, Malaysia. The country's economy slowed in the second quarter of 2023 as weaker exports weighed on its latest gross domestic product figures.
Economy

Malaysia's GDP growth slows to 2.9% in Q2 on weak exports

Southeast Asia's manufacturing hub faces 'weaker-than-expected' global economy

18 August 2023
Malaysian Prime Minister Anwar Ibrahim waves to the press in Kuala Lumpur on Aug. 12: The election reaffirmed that Malaysians want better governance.
Opinion

Anwar must listen to Malaysia's voters

After election rebuke, prime minister must attend to structural issues

16 August 2023
Opposition supporters at a campaign rally in July. Many observers point to rising nationalism and religiosity among ethnic Malays for a rightward shift in the country's politics. (Photo by Norman Goh)
Politics

Conservative opposition's rise in Malaysia pressures Anwar

State election results deal heavy blow to governing coalition

14 August 2023
 Prime Minister Anwar Ibrahim, center, calls on all sides to "cool off" after an intense competition state elections. (Photo by Norman Goh)
Politics

Anwar coalition holds on to power in three states in Malaysia polls

Opposition gains seats in all six elections in warning sign to ruling parties

13 August 2023
Motorcyclists pass by campaign flags ahead of the state election in Selangor, Malaysia on Aug. 9.
Politics

Malaysia holds key state elections: 5 things to know

About 10 million voters will cast ballots on Saturday in six states

11 August 2023
Malaysian Prime Minister Anwar Ibrahim, who is also chairman of the ruling Pakatan Harapan alliance, speaks to around 5,000 supporters at a rally in Selangor on Aug. 6. (Photo by Norman Goh)
Politics

Malaysia's industrial heartland holds key to election battle

PM Anwar, opposition court young in Selangor ahead of Saturday state-level vote

8 August 2023
A clothing retailer in Hulu Langat on the outskirts of Kuala Lumpur engages with buyers on TikTok Shop. (Photo by Norman Goh)
Business Spotlight

TikTok takes on Shopee, Tokopedia in ASEAN e-commerce race

Buyers and sellers flock to shopping feature while authorities fret

4 August 2023