Singapore got Pfizer earlier likely due to Temasek stake in BioNTech: Khairy in justifying Malaysia’s vaccine approach

KUALA LUMPUR : Minister of Science, Technology and Innovation Khairy Jamaluddin said among the reasons why Singapore was ahead of Malaysia … More

1MDB told to file its US$4.9 bil statement of claim against Deutsche Bank and six others

KUALA LUMPUR : The High Court has directed 1Malaysia Development Bhd (1MDB) to file its US$4.923 billion statement of claim … More

Clarity needed on business ops, travelling as Emergency Ordinance revoked

KUALA LUMPUR : The government has been urged to provide a clearer picture of the state of movement restriction after … More

Report: 1MDB drops US$1b lawsuit against law firm Wong & Partners, lawyer

KUALA LUMPUR : 1Malaysia Development Bhd (1MDB) has dropped its US$1 billion civil suit against law firm Wong & Partners … More

As deadline looms, Lynas seeks new site for radioactive waste

It could be located next to its Gebeng plant after DOE rejected an earlier proposal for waste to be stored … More

Entry of Chinese Workers to Indonesia Spurs Anger

Smelter plant workers arrive amid pandemic with no permit The recent arrival of 20 Chinese nationals with no entry permits … More

1MDB-linked forfeiture suit against Najib, 17 others put off due to ‘new development’

The prosecution has received letters from counsels in other 1MDB-linked forfeiture suits which may affect proceedings. A new development has … More

Red flag over bauxite mining – NGO warns of risks due to lax enforcement

Peka wants the moratorium extended until all concerns in the EIA report are satisfactorily met. An environmental NGO has called … More

The Challenge of Modernizing a Navy: Malaysia’s Boustead Heavy Industries

A decade ago, the Malaysian shipbuilder was in fine health. Now it finds itself in financial straits. In 2011, Malaysian … More

MEF: Accelerate NRP to phase 3 and 4 to ensure non-essential sectors survive

KUALA LUMPUR : The Malaysian Employers Federation (MEF) has called on the government to urgently accelerate the National Recovery Plan … More

A closer look at Malaysia’s 5G rollout

PETALING JAYA: The advent of 5G promises not only blazing fast broadband speeds for consumers but, perhaps more crucially, the … More

S’pore firm partners with Johor ruler in gold mining venture

Under agreement, Johor ruler will receive RM3m if mining operations happen and 30pct of annual profits. A Singaporean company has … More

Covid-19 turns Sarawak palm sugar business sour

Demand for gula apong has dropped drastically since the various lockdowns and restrictions on movements were enforced. In Sarawak’s coastal … More

After Martian landscape experience in Kuantan, bauxite mining set to resume

The EIA report lists three major concerns, which include river and air pollution. Six years ago, Putrajaya put an end … More

Indonesia’s Battery Giant Needs $15.3b in Investments

JAKARTA : Industri Baterai Indonesia, an electric vehicle battery subsidiary of state-owned largest miners, has estimated that it would need $15.3 billion in total … More

Iran to boost palm oil imports from Malaysia

PETALING JAYA : Iran is looking to import one million tonnes of palm oil from Malaysia in the near future, … More

Malaysia’s $2.4 billion mega project with China Railway falls through

KUALA LUMPUR (REUTERS) : An equity deal for a planned mega project near Malaysia’s capital involving the government, developer Iskandar … More

Supply chain disruption risks clean drinking water

The Chemical Industries Council of Malaysia (CICM) said the government should allow limestone quarries to be fully operated immediately, or … More

PMO announces Mohd Bakke as new Petronas chairman replacing Ahmad Nizam

KUALA LUMPUR : Tan Sri Mohd Bakke Salleh has been appointed the chairman of national oil company Petroliam Nasional Berhad … More

Supply chain disruption is killing Malaysia’s mushroom industry

The local supply of the Grey Oyster and other mushrooms has already been disrupted in the market as most cultivators have exhausted their inventory of saw dust – the much-needed raw material – as sawmills have been completely shut down since June 1.

German, Japanese commerce chambers urge PM to re-evaluate approach to Covid-19 pandemic

The groups urge for some sectors to be reopened along with their supply chains in a limited capacity. The Malaysian-German … More

Indonesia’s Bukalapak kicks off US$1.1 billion IPO, biggest in more than a decade

SINGAPORE: Indonesia’s Bukalapak launched an up to US$1.13 billion initial public offering ahead of next month’s listing, marking the country’s … More