The Malaysian Islamic banking arm of HSBC Holdings has raised 750 million ringgit ($205 million) from the sale of a five-year Islamic bonds (sukuk) at a yield of 4.24 per cent, IFR reported.
The sale is the third tranche of the le
Malaysia's government on Tuesday announced the establishment of a new airline, called flymojo, and said it has signed a deal with Canadian planemaker Bombardier to buy 20 CS100 aircraft for about $1.47 billion.
The International Indian Film Academy (IIFA), a reputed South Asian film academy, has announced plans to host this year's IIFA Weekend at Kuala Lumpur, Malaysia in June.
Over the last 15 years, IIFA has travelled to some pheno
Top halal industry stakeholders are set to meet at a summit that seeks to create awareness on halal products and services, and emphasises on business transactions between local and international organisations.
The Malaysia Interna
A joint venture headed by Malaysian construction firm WCT Holdings has won a RM1.2 billion ($323 million) contract to build roads, utilities and underground car parks in Doha, Qatar.
The project has been jointly awarded to WCT and
Malaysia's highest court found opposition leader Anwar Ibrahim guilty on charges of sodomy on Tuesday in a case that his supporters say was politically motivated, and will likely end a career marked by controversy.
Malaysia has declared the disappearance of Malaysia Airlines Flight MH370 an accident, clearing the way for the airline to pay compensation to victims' relatives while the search for the plane goes on.
The Boeing 777 aircraft
UAE-based LuLu Group, one of the fastest growing retail chains in the world, has set its eyes on Southeast Asia, with plans to open hypermarkets in Malaysia and Indonesia as part of a $500 million expansion strategy in Asia, a report said.
What appears to be a third air disaster involving a Malaysian carrier in less than a year has further dented confidence in the country's aviation industry and spooked air travellers across the region.
A plane belonging to Indo
Malaysia will abolish subsidies for petrol and diesel from December 1, the government said on Friday, taking a bold step that could potentially save the government some 20 billion ringgit ($5.97 billion) annually.
Malaysia joins I