Malaysia

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Malaysia's Maxis in S.E.Asia's biggest IPO

AFP Global Edition 4 days ago

Malaysia's top mobile operator, Maxis, made a strong return to the bourse Thursday in Southeast Asia's biggest ever IPO worth 3.3 billion dollars. Maxis Berhad, controlled by reclusive Malaysian tycoon Ananda Krishnan and Saudi Telecom, opened on Bursa Malaysia at a 9.2 ...

Uzbeks qualify for Asian Cup as Thailand crash

AFP Asian Edition 5 days ago

Uzbekistan booked their place at the 2011 Asian Cup finals on Wednesday by beating Malaysia 3-1, while Japan crushed Hong Kong 4-0 to strengthen their chances of going through. But Bryan Robson's Thailand failed to capitalise on their 3-1 win over Singapore ...

Malaysia must reform to achieve developed status: World Bank

AFP Asian Edition 5 days ago

The World Bank said Wednesday that Malaysia must introduce sweeping reforms if it wants to achieve its ambitious goal of becoming a developed nation by 2020. "To reach the 2020 developed status, the World Bank is proposing a four-pillar strategy," Vikram Nehru, ...

Malaysia says US will abandon trade pact negotiations

AFP Asian Edition 5 days ago

Malaysia said Wednesday that Washington had indicated it will abandon a bilateral free-trade deal under negotiation since 2006, and will instead work towards a regional trade pact. "It was made very clear to us that bilateral FTAs are not a priority for ...

Malaysia defends slide in global graft ranking

AP News 5 days ago

Malaysia says slide in global corruption ranking will not hurt investment Malaysia has stepped up efforts to combat graft to maintain investor confidence as a survey showed the country's corruption ranking worsened this year, Trade Minister Mustapa Mohamad said Wednesday. Malaysia fell ...

Malaysia Muslim preacher charged in factional feud

AP News 5 days ago

Islamic authorities charge Malaysia Muslim scholar in feud between conservatives, progressives Islamic authorities in Malaysia charged a popular Muslim scholar Wednesday with delivering an illegal lecture in what critics considered an attempt by conservative clerics to silence a leading moderate preacher. Asri ...

Maxis tipped to debut in S.E. Asia's biggest IPO

AFP Asian Edition 5 days ago

Maxis, Malaysia's top mobile operator, is expected to debut at a premium on Thursday when it returns to the bourse in a 3.3 billion dollar IPO billed as the biggest in Southeast Asian history. Maxis Berhad, controlled by reclusive Malaysian tycoon Ananda ...

Let it rain: resort offers free stay in downpours

Reuters Life! Online Report 6 days ago

SINGAPORE (Reuters Life!) - A luxury Malaysian beach resort has come up with a novel way for guests to actually look forward to a downpour on their holiday: a free night if the rainfall exceeds 3 cms (one inch). The Tanjong Jara ...

Robson gets first win as Thai coach

AFP Global Edition 9 days ago

Former England captain Bryan Robson got his first win in a competitive match as Thailand coach on Saturday when they beat Singapore 3-1 in a crucial 2011 Asian Cup qualifier. An 11th minute penalty by Sutee Suksomkit, who recently joined Australian A-League ...

China signs deals, eyes Malaysia's palm oil, timber

AFP Asian Edition 12 days ago

China's President Hu Jintao presided over the signing of a raft of deals with Malaysia Wednesday and indicated an interest in its vast palm oil and timber sectors. Hu, who is wrapping up a two-day official visit, and Malaysian prime minister Najib ...

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