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Thursday, June 14, 2012
Malaysia's Felda IPO stirs up serious investor interest
Palm oil giant Felda Global Ventures Holdings' IPO has been massively oversubscribed amid hot demand for the world's second-largest listing this year after Facebook.
Monday, June 11, 2012
The Sultan Mahmud International Airport in Kuala Terengganu has been chosen as the international hub for a new airline, which has been described as a fusion between a budget and high-end carrier.
Thursday, June 7, 2012
Malaysia reported flat export growth for April on Wednesday as weaker demand in the trade-dependent economy's key European and U.S. markets offset continued strong shipments to China.
Friday, June 1, 2012
Malaysia seeks US$3.3 billion in palm oil IPO
Malaysian palm oil giant Felda said Thursday its initial public offering in June could raise up to 10.5 billion ringgit (US$3.3 billion), making it the world's second-biggest IPO this year after Facebook.
Wednesday, May 30, 2012
Malaysian national carmaker Proton said it has suspended the head of its loss-making British sportscar business after Proton's new owner complained about his conduct.
Thursday, May 24, 2012
Malaysia's economic growth slowed to 4.7 percent in the first quarter, the government said Wednesday, due to weakening exports sparked by a stuttering global economy and debt woes in Europe.
Thursday, May 10, 2012
Malaysia's Q1 exports rise by 4.4%
Malaysia said Wednesday that exports rose a better-than-expected 4.4 percent year-on-year in the January-March period, thanks to a pick-up in demand from the United States and Southeast Asia.
Wednesday, May 9, 2012
Malaysia's oil palm farmers will be getting a US$553 million election-year windfall from an initial share sale of a giant state-controlled palm oil plantation company, Prime Minister Najib Razak announced on Tuesday.
Wednesday, May 2, 2012
Malaysia marked Labour Day with Prime Minister Najib Razak announcing plans for the first minimum wage for private-sector employees in a move that would benefit more than 3 million low-income workers.
Friday, March 23, 2012
Malaysia's central bank Wednesday cut its economic growth forecast for 2012 as the debt crisis in Europe saps its appetite for Asia's exports.
Weakening demand pushes Malaysia to cut growth forecast for '12 to 4-5%
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