Malaysia News

News

Malaysia to ease coronavirus lockdowns in five states next week

The Southeast Asian country has been under a nationwide lockdown since June 1 to rein in a surge of Covid-19 infectionsCurbs are to be partially lifted in the states of Kelantan, Pahang, Perak, Perlis, and Terengganu on Monday

1 min read3 Jul 2021
News

Malaysia declares state of emergency to curb spread of coronavirus

An emergency would give the prime minister and his cabinet extraordinary powers, including allowing the government to introduce laws without the approval of parliament

2 min read12 Jan 2021
News

Singapore tightens border steps for entry from Malaysia, Japan as Covid surges

All travelers who have been to Malaysia or Japan in the past two weeks will have to serve 14-day stay-home notices at designated facilitiesTravelers entering from Malaysia after November 27 must also take Covid test within 72 hours before departure, and must show a negative result to enter Singapore

1 min read20 Nov 2020
News

Malaysia plans extra $4.8 billion for special COVID-19 fund

The move will increase the size of the COVID-19 fund to 65 billion ringgit to fund aid packagesThe budget is the first by the administration of Prime Minister Muhyiddin Yassin, who took over in March just as the pandemic took hold

1 min read6 Nov 2020
News

Malaysia's PM faces calls to quit after failed bid for emergency rule

The Southeast Asia nation was plunged into political instability in late February following the resignation of the previous prime minister, veteran politician Mahathir Mohamad

2 min read26 Oct 2020
News

Malaysia detains 60 Chinese nationals, 6 vessels for trespassing

The Malaysian Maritime Enforcement Agency (MMEA) said the fishing vessels and crew were detained in an operation off the coast of the southern state of JohorMalaysia reported 89 intrusions by Chinese coastguard and navy ships between 2016 and 2019

1 min read11 Oct 2020
Companies

Malaysia Airlines boss says will shut down if restructuring plan fails: Report

Malaysia Aviation Group (MAG) chief executive officer Izham Ismail said the group would have 'no choice but to shut it down' if lessors decide against backing the restructuring plan

1 min read10 Oct 2020
Companies

AirAsia X proposes $15 billion debt restructure to stave off liquidation

AAX says it has severe liquidity constraints and, with no return to normalcy in sight, ‘imminent default of contractual commitments will precipitate a potential liquidation’

1 min read7 Oct 2020
News

Malaysia's ex-PM Najib guilty in 1st trial for 1MDB looting

Former Malaysian PM Najib Razak has been sentenced for conviction in a billion dollar looting scandal that brought his government downHe became the first PM to be convicted, while many of his followers mourned the decision of the court

5 min read28 Jul 2020
News

After four months, India resumes purchases of Malaysian palm oil, say traders

The renewed purchases come amid improving trade relations between the two countries after the formation of a new government in Kuala Lumpur

3 min read19 May 2020
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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