Edition:
United States

A. Ananthalakshmi

Malaysian bank CIMB chairman Nazir Razak to step down

Sep 24 2018

KUALA LUMPUR CIMB Group Holdings Bhd Chairman Nazir Razak is to step down by the end of the year after almost three decades at Malaysia's second biggest bank, he said on Monday.

UPDATE 1-Malaysia's Petronas boosts payout to govt after quarterly profit nearly doubles

Aug 30 2018

KUALA LUMPUR, Aug 30 Malaysian state-owned energy firm Petroliam Nasional Berhad is looking to expand its core business portfolio and plans to pay the government a higher dividend than earlier promised, its chief executive said on Thursday.

Petronas Chemicals eyeing acquisitions to boost specialty business

Aug 21 2018

KUALA LUMPUR The chemical manufacturing unit of Malaysia's state energy firm Petronas [PETR.UL] is actively looking to acquire companies to expand its specialty chemical business, its chief executive officer said on Tuesday.

The cover-up: Malaysian officials reveal just how much 1MDB probe was obstructed

Jul 03 2018

KUALA LUMPUR The government of former Malaysian prime minister Najib Razak spent years systematically obstructing probes into the alleged looting of state fund 1MDB, while also ruthlessly muzzling critics, according to current and former government officials.

U.S. to downgrade Malaysia in annual human trafficking report: source

Jun 28 2018

KUALA LUMPUR The U.S. State Department will downgrade Malaysia in its annual report on human trafficking to be released later on Thursday, a source told Reuters, just a year after the Southeast Asian nation was upgraded for making progress.

As Najib holidays in Malaysia, his former mentor Mahathir turns up the pain

Jun 22 2018

LANGKAWI/KUALA LUMPUR, Malaysia The police kept watch close to a holiday villa where Najib Razak this week gave his first sit-down interview since his shock election defeat last month, a reminder for the former Malaysian prime minister that he may not have much more time to relax.

Malaysia could extend tax breaks for key foreign investors - Mahathir

Jun 19 2018

KUALA LUMPUR Malaysia could extend new tax incentives for foreign investment in areas such as technology if companies promise to create better-paid jobs for Malaysians, Prime Minister Mahathir Mohamad said on Tuesday.

Exclusive - Malaysia seeks to lay multiple charges against ex-PM Najib over 1MDB: Mahathir

Jun 19 2018

KUALA LUMPUR Embezzlement and bribery with government money are among the charges that Malaysia is looking to bring against former prime minister Najib Razak following a probe into funds allegedly looted from the state-run fund 1MDB, Prime Minister Mahathir Mohamad said on Tuesday.

Malaysia could extend tax breaks for key foreign investors: Mahathir

Jun 19 2018

KUALA LUMPUR Malaysia could extend new tax incentives for foreign investment in areas such as technology if companies promise to create better-paid jobs for Malaysians, Prime Minister Mahathir Mohamad said on Tuesday.

EXCLUSIVE-Malaysia seeks to lay multiple charges against ex-premier Najib over 1MDB - Mahathir

Jun 19 2018

KUALA LUMPUR, June 19 Embezzlement and bribery with government money are among the charges that Malaysia is looking to bring against former prime minister Najib Razak following a probe into funds allegedly looted from the state-run fund 1MDB, Prime Minister Mahathir Mohamad said on Tuesday.

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