Malaysia Financial News

Subscribe to enjoy similar stories. Alpha Wave Global-backed payments fintech Mswipe is expanding its international network into three new regions to take advantage of higher margins, said co-founder and chief executive Ketan Patel, following a series of pivots in the business and marginal growth in revenue in the last fiscal. The company plans to expand into the UK, Malaysia, Nepal, and other markets within the next six months, following its successful entry into the United Arab Emirates (UAE) and Singapore in 2024, Patel told Mint on 31 December.

Subscribe to enjoy similar stories. Next year heralds a pivotal chapter for the Association of Southeast Asian Nations (Asean), with Malaysia assuming the chair. In a world increasingly divided into competing blocs, Malaysia is advancing the Asean Community Vision 2045, a strategic long-term plan that aims to guide the region’s growth and prosperity over the next two decades.

anti-dumping duty of up to USD 707 per tonne on imports of PVC paste resin, used to make artificial leather and other technical textiles' products, from six countries, including China, for five years, with an aim to guard domestic producers.

Manmohan Singh who passed away here on Thursday night.

Subscribe to enjoy similar stories. Eight years ago China lost a legal battle over its fantastical territorial claims in the South China Sea. An international tribunal ruled they had no basis.

«We are extremely pleased to further expand our network into Malaysia with the launch of direct flights from Chennai to Penang, our third destination in Malaysia, alongside Kuala Lumpur and Langkawi. With the inclusion of these flights to Penang, IndiGo will now operate 28 weekly flights to Malaysia from 2 cities in India» IndiGo Head of Global Sales Vinay Malhotra said in a statement.

Breon Peace said he will step down Jan. 10, ending a stint as federal prosecutor that included high-profile cases such as singer R Kelly’s trial for sex-trafficking, a fraud indictment of Indian billionaire Gautam Adani and the criminal conviction of a US Congressman. Peace, a 53-year-old native of Brooklyn, New York, said in a statement Wednesday “it has been the honor of a lifetime to serve as United States Attorney.” He’ll be replaced as head of the Brooklyn office, known as the Eastern District of New York, by First Assistant US Attorney Carolyn Pokorny, according to the statement. He was appointed by President Joe Biden in 2021 and will leave before President-elect Donald Trump takes office Jan. 20.

China Sea to Himalayan frontiers, Beijing’s methodical approach has left neighbouring countries scrambling to respond. China shares its border with more than a dozen countries and it has had border disputes with at least six of them over the past few years. On its border disputes with its neighbors, China has mostly gone unchallenged, gradually pushing its salami-slicing strategy forward. But 2024 was a turning point: India was the first country in past few decades to decisively stop China in its tracks and refuse to yield to its tried-and-tested game. India’s resistance proved to be a firm message that China’s expansionist ambitions can't always go unchecked.

Online platform Ixigo reported an 80-100% year-on-year (YoY) increase in bookings to destinations such as Thailand, Vietnam, Bali, and London. Agoda supported this trend, noting a 53% surge in international accommodation searches. Cleartrip observed a 1.2x jump in international leisure travel, with Southeast Asia and the Middle East emerging as key regions. Emerging destinations are a highlight this year. MakeMyTrip recorded 248% growth in searches for Azerbaijan and 100% growth for Malaysia. Similarly, Cleartrip observed spikes in bookings for Manila (2.5x) and Tbilisi (1.7x), alongside strong growth for Bali (2.6x) and Phuket (2.3x).

Goa emerging as the most searched domestic destination, according to Make My Trip’s latest report, named Travel Search & Booking Trends in India for Year-End 2024. The top 20 domestic cities account for 40% of all travel searches, with hill stations gaining significant traction. Notably, Manali, Varanasi, Mussoorie, and Udaipur reported double-digit growth in search interest, reflecting the growing preference for cooler, scenic retreats. Nearly 40% of the top destinations feature hill stations across North and South India, highlighting a widespread demand for nature escapes. This year, the travel rush peaks on December 21st—the Saturday before Christmas—similar to last year. However, a notable surge in searches for December 25th indicates that many travelers plan to extend their holidays through the New Year.

India vs Pakistan women's U19 T20 Asia Cup LIVE Score: The India U-19 women's team will be facing Pakistan U-19 women's team for the first time when they face off in the T20 Asia Cup in Kuala Lumpur on Sunday. This is the first time an U-19 women's Asia Cup is being played. A total of six teams are taking part in the competition.

Venue : Selangor Turf Club, Kuala Lumpur Malaysia Women squad - Ainur Amelina, Intan Jamahidaya, Noor Hayati Zakaria, Ainna Hashim, Mahirah Izzati Ismail, Musfirah Nur Ainaa, Winifred Duraisingam, Aina Najwa, Wan Julia, Amalin Sorfina, Irdina Beh Nabil, Nur Arianna Natsya, Nur Dania Syuhada, Suabika Manivannan Namibia Women squad - Bianca Manuel, Edelle Van Zyl, Sylvia Shihepo, Jurriene Diergaardt, Kayleen Green, Mekelaye Mwatile, Sune Wittmann, Wilka Mwatile, Merczerly Gorases, Yasmeen Khan, Naomi Benjamin, Saima Tuhadeleni, Victoria Hamunyela Malaysia Women vs Namibia Women Match Details 1st T20I of Namibia Women tour of Malaysia, 2024 between Malaysia Women and Namibia Women to be held at Selangor Turf Club, Kuala Lumpur at 08:00 AM.

Phillips Machine Tools (PMT) will launch a dedicated 3D materials division to address India’s lack of locally available high-tech consumables and raw materials, including titanium. The company has plans to secure an import license in the next six months and cater to the defence, aerospace, renewable, electronics, and, in certain aspects, the health tech market and clean energy sectors, the company’s Managing Director, Terrence Miranda, told ET. PMT is a fully owned subsidiary of the USA-based Phillips Corporation. “To obtain this license, you need to demonstrate capabilities, such as owning the necessary equipment and conducting R&D on it. India does not yet produce aerospace-grade titanium in the quantities or quality needed. For sectors like space and defence, this poses a significant challenge,” he said, adding that the company will incorporate it into its new 20,000 sq. ft facility in Chakan, Pune. PMT is working to source titanium from international markets, including the US and Germany, while also exploring regional exports to make it easier to procure.

President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar

Subscribe to enjoy similar stories. When P.R. Sreejesh announced his retirement after India won its (and his) second consecutive bronze medal in hockey at the Olympics in Paris in August, he had visualised what life off field would be like.

Ananda Krishnan, one of Malaysia’s richest tycoons with a vast business empire including telecommunications, media, petroleum and real estate, has died

Mexican authorities have raided a massive complex of stores selling counterfeit Chinese goods in downtown Mexico City, and vowed the crackdown will be carried out nationwide

Ven Ajahn Siripanyo, the only son of Malaysian billionaire Ananda Krishnan, renounced his claim to a $5 billion empire to embrace a monastic life. Ananda Krishnan, one of Malaysia’s wealthiest individuals, owns a business empire spanning telecom, satellites, oil, real estate, and media.

Swiss watchmaker Swatch has won a suit against the Malaysian government after a court ordered the return of 172 Swatch watches seized last year due to designs that authorities said bore LGBT elements

free trade agreement in goods in February, the commerce and industry ministry said Saturday, adding that the fourth round of the negotiations was concluded here this month.