Malaysia steps up pro-Palestinian stance, straining ties with U.S.
KUALA LUMPUR -- Malaysia has visibly strengthened its support for Palestinians over Israel in recent weeks in a move that may strain relations with the U.S.
FUMIKA SATO in asian news
Investors turn to ASEAN markets as inflation's grip loosens
SINGAPORE -- As expectations of a U.S. interest rate cut grow, investors have started to turn to high-growth Southeast Asia in search of markets positioned to benefit from tamed inflation.
Malaysia's Proton deepens ties with China's Geely ahead of EV debut
SINGAPORE -- As it upgrades its lineup and prepares to roll out its first electric car, Malaysian automaker Proton Holdings is working more closely than ever with Chinese car manufacturer and major shareholder Zhejiang Geely Holding Group.
Singapore PM Wong calls for 'major reset' with R&D push, regulatory review
SINGAPORE -- Singapore needs to transform its economic, housing and education policies to move the the country forward, Prime Minister Lawrence Wong said Sunday, arguing that the nation faces a tougher competitive environment.
Marubeni serves Tim Hortons coffee in Malaysia with local flavors
KUALA LUMPUR -- Japanese trading company Marubeni has opened the first Malaysian outlet of international cafe giant Tim Hortons as the brand continues its franchise push in Southeast Asia.
Malaysia to reduce fuel subsidies as inflation weakens
KUALA LUMPUR -- Malaysia is phasing out gas and diesel subsidies as inflation eases, working to reduce expenditures that ballooned during the coronavirus pandemic and rebuild government finances.
Southeast Asia IPO fundraising down 60% in first half as Indonesia slumps
VIENTIANE/MANILA/BANGKOK -- Initial public offerings in Southeast Asia raised 60% less in the first six months of 2024 than a year earlier, as higher interest rates and political transition have made investors tentative.
Malaysia and Japan test recycling dead palm trees into biofuel
KUALA LUMPUR -- Japanese and Malaysian researchers are testing a process to turn felled palm trees into biomass that serves as a renewable source of energy.
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