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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%
Thursday, March 8, 2012
Malaysia said Wednesday exports rose a weaker-than-expected 0.4 percent year-on-year in January owing to a sharp fall in demand from major markets including China and Europe.
Malaysia's government said Wednesday it has sealed an 8.5-billion-ringgit (US$2.8 billion) deal to acquire Tanjong Energy Holdings in one of the country's biggest power asset sales.
Wednesday, March 7, 2012
Malaysia looks set to introduce a minimum wage of between 800 ringgit (US$265) and 1,000 ringgit (US$332) per month, as pressure mounts on the government to ensure that private-sector workers earn salaries above the poverty level.
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