North ignores ‘perfect storm’ in Global South
February 16, 2024
Asian news from Kuala Lumpur
Malaysia, China mark 50 years of ties with deals on development, durians
KUALA LUMPUR — China and Malaysia signed a slew of deals on Wednesday (June 19), renewing a five-year economic co-operation pact and allowing exports of fresh durians, during a visit by Chinese Premier Li Qiang to mark 50 years of diplomatic ties.
Singapore rushes to clean-up oil slick after boat hits bunker vessel
KUALA LUMPUR (AP) -- An oil spill caused by a dredger boat hitting a stationary cargo tanker has blackened part of Singapore's southern coastline, including the popular resort island of Sentosa, and sparked concerns it may threaten marine wildlife as a clean-up operation was underway Sunday.
China’s Lust for Durian Is Creating Fortunes in Southeast Asia
Before he started a company 15 years ago selling the world’s smelliest fruit, Eric Chan had a well-paying job writing code for satellites and robots. His family and friends were puzzled when he made the career change.
Malaysia to build port near Kuala Lumpur amid supply chain shift
KUALA LUMPUR -- Malaysia will build a new container port along the western coast of the Malay Peninsula facing the Malacca Strait, one of the world's busiest sea lanes, as the country prepares to capture logistics demand created by global supply chain shifts.
Malaysia's AirAsia eyes 'next level' of growth in major restructuring
KUALA LUMPUR -- Malaysian budget carrier AirAsia is undergoing a major restructuring led by its parent company, Capital A, as it starts to regain momentum following the pandemic.
U.S. tops China as ASEAN's largest export destination
TOKYO/KUALA LUMPUR/BANGKOK -- ASEAN countries' exports to the U.S. in the January-March period surpassed those to China for the first time in six quarters as the region's trade appears to be shifting along with moves in the global supply chain.
Malaysia’s diesel smugglers lament subsidy cut hurting profit - ‘not worth the trouble’
With domestic prices cheaper by 2.12 ringgit (US$0.45) on average compared with pump prices in Thailand previously, diesel has been smuggled northward across the border for years.
Singapore PM Wong 'open' to discussing high-speed rail plan with Malaysia
KUALA LUMPUR/SINGAPORE -- Singaporean Prime Minister Lawrence Wong said on Wednesday that he is open to proposals from Malaysia over a revived high-speed railway project as Kuala Lumpur began short-listing submissions from the private sector.