Malaysia News

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Lewis Hamilton: Mental strength was key to beating Sebastian Vettel to title

Hamilton reveals secrets of winning record fourth F1 world title Mercedes driver beat Sebastian Vettel in 2017 championship

CNN - 2017-11-17 09:55:55

Malaysian Economy Expands at Fastest Pace in More Than 3 Years

Malaysia's economy grew at the fastest pace in more than three years in the third quarter, supported by resilient domestic demand and a manufacturing sector that's benefiting from booming global trade.Key PointsGross domestic product rose 6.2 percent from a year earlier, after climbing 5.8 percent i

BLOOMBERG - 2017-11-17 04:00:00

Hotshot Tech Founders Face a Dilemma: Lay Low or Live Large?

As 'unicorn' startups such as Snap and WeWork come under greater scrutiny, some chief executives opt for more modest homes, while others splurge Alon Cohen and Adi Tatarko, founders of online home renovation and design platform Houzz, launched their company after running into difficulties remodelin

WSJ - 2017-11-16 13:00:00

Aerospace Sector in Malaysia to create more than 19,000 new jobs by 2037

KUALA LUMPUR, Malaysia, Nov. 16, 2017 /PRNewswire/ -- The Malaysian aerospace sector is expected to grow rapidly due to expansion in its fleet size and the rising trend of the migration of Commercial MRO activities to the APAC region. Malaysia's MRO sector is expected to grow at a CAGR of 8.45% over

BUSINESS INSIDER - 2017-11-16 08:26:00

ET Energy to Build 61MWp Solar Project for UiTM in Malaysia

NANJING, China, Nov. 16, 2017 /PRNewswire/ -- ET Energy, a global leading clean energy developer and operator has announced today that the company together with its partner Northwest Electric Power Design Institute Co., Ltd. ("NWEPDI") of China Power Engineering Consulting Group, have inked the turn

BUSINESS INSIDER - 2017-11-16 07:58:00

Profits triple at Malaysia palm oil company Sime Darby

* Announces net profit of 1.32 bln ringgit for last quarter * Boosted by asset sales, increased palm oil production * Company in process of spinning off some units KUALA LUMPUR, Nov 16 (Reuters) - Malaysia's Sime Darby Bhd , the world's largest oil palm planter by land size, on Thursday said its

REUTERS - 2017-11-16 06:18:43

After brazen poisoning of North Korean leader's half brother, trial unfolds in Malaysian courtroom

The two defendants appeared in court with scarves wrapped around their heads, partially obscuring their faces. One of the young women spoke animatedly, hands awhirl as she bantered with her lawyers during a recess. Her relaxed demeanor belied the charges against them. Since Oct. 2, Siti Aisyah, a 26


Malaysia Stock Market May Extend Losing Streak

(RTTNews) - The Malaysia stock market has moved lower in three consecutive trading days, sliding almost 15 points or 0.8 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,735-point plateau and it's in line for further damage on Wednesday. The global forecast for th


Trump hails 'great relationship' with self-proclaimed killer Duterte

US President Donald Trump said on Monday he had a "great relationship" with his Philippine counterpart, Rodrigo Duterte, while a White House official said human rights got only a brief mention when the two met on the sidelines of an Asian summit. Their meeting was one of the most anticipated of the


Malaysia's CIMB says backup tapes containing banking customer data lost

KUALA LUMPUR (Reuters) - Malaysia's CIMB Group Holdings Bhd on Monday said some magnetic tapes containing backup customer data were lost during routine operations, adding that there has been no evidence so far that any data has been compromised. The tapes do not contain any authentication data such


Rare Bornean clouded leopards caught on camera in Malaysian reserve

KUALA LUMPUR (Reuters) - A Bornean clouded leopard and her two cubs were captured on camera strolling through a Malaysian forest reserve last week, a rare daytime sighting of the elusive animals in the wild. A Bornean Clouded Leopard (Neofelis diardi), found only on Borneo and Indonesia's Sumatra i


Pacific trade pact leaders due to meet on new deal

Leaders of the countries participating in a Pacific Rim trade pact abandoned by President Donald Trump have agreed to meet and are expected to endorse a basic agreement on moving ahead without the U.S. Malaysian Prime Minister Najib Razak said Friday that he was "reasonably confident" the 11 countri


How to Survive a Robot Apocalypse: Just Close the Door

Robots may enslave us all someday. In the meantime, if one of them goes berserk, here's a useful tactic: Shut the door behind you. One after another, robots in a government-sponsored contest were stumped by an unlocked door that blocked their path at an outdoor obstacle course. One bipedal machine


Global Stock Selloff Extends to Asia

Global markets remained under selling pressure on Friday with Japan's benchmark index leading declines in Asia, tracking overnight weakness on Wall Street on concerns over the U.S. tax-overhaul plan. Key U.S. stock indexes slid as the U.S. Senate's plan to push through a different tax proposal than


North Korea beats Malaysia 4-1 in Asian Cup qualifying

BURIRAM, Thailand (AP) - North Korea moved into second place in its Asian Cup qualifying group by beating Malaysia 4-1 at the neutral i-Mobile Stadium on Friday. The match was played in Thailand because of political tensions between the two countries. Pak Kwang Ryong gave North Korea the lead 12th m


Malaysia's CIMB chairman in talks to start $1 bln regional fund

KUALA LUMPUR, Nov 10 (Reuters) - Malaysia's CIMB Group Holdings Bhd Chairman Nazir Razak, along with four prominent Southeast Asian business leaders, plan to start a regional private equity fund that will look to raise up to $1 billion, two people aware of the discussions said on Friday. Former Ind


A German Alexa owner returned home to find his Amazon device had started a 'party' at 2am, leading to police breaking down his door

Amazon Echo PlusAmazon An Amazon Echo in Hamburg started its own party on a recent Saturday morning, even though its owner was not home and hadn't activated Alexa. The loud music woke neighbors who called police. When the police arrived they had to break down the front door to turn off Alexa. The po


Malaysia Says It May Consider Review of Monetary Accommodation

Malaysia's central bank left interest rates unchanged and said it may consider the degree of monetary accommodation as economic growth gains momentum. Southeast Asian policy makers face rising pressure to start preparing for rate increases in the face of higher U.S. borrowing costs. Bank Negara Mala


Malaysia's Giving Working Moms a Better Maternity Deal Than U.S.

Najib Razak poses for photographs with a group of supporters in Kuala Lumpur.Photographer: Sanjit Das/Bloomberg Malaysian Prime Minister Najib Razak laid out his economic plans for next year in what he called the "mother of all budgets." It could've easily been described as a budget for all mothers


Post-Brexit, Malaysia stands ready to work with the UK

Malaysia and the UK share an intertwined history. As the United Kingdom leaves the European Union (EU), opportunities for new global engagement will abound, including the opportunity for a closer and mutually beneficial relationship between our two countries. Southeast Asia is a fast-growing region