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Liz Lee

Norway's Telenor and Malaysia's Axiata pull plug on Asian telecom tie-up

Sep 06 2019

OSLO/KUALA LUMPUR Telenor and Malaysia's Axiata Group have ended talks to create a telecoms joint venture with nearly 300 million customers across South Asia and Southeast Asia in a blow to the Norwegian group's growth strategy and shares.

Malaysia defends move to extend licence for rare earth firm Lynas

Sep 04 2019

KUALA LUMPUR Malaysia's government said on Wednesday its decision last month to extend a licence for Australia's Lynas Corp for processing rare earth minerals aimed to show investors that the Southeast Asian nation was open for business and preserve 600 jobs.

AirAsia cuts Airbus A330neo order plans, shifts to A321XLR

Aug 30 2019

KUALA LUMPUR Malaysian budget carrier AirAsia Group Bhd scaled back plans to order the Airbus A330neo wide-body passenger jet by nearly two thirds on Friday, switching its focus instead to a long-range new version of the popular A321 series.

Malaysia's top banks expect another rate cut, squeezing margins slightly

Aug 29 2019

KUALA LUMPUR Malaysia's top two lenders both said on Thursday that they expect a quarter point cut in interest rates before the end of this year, putting slight pressure on their margins.

Qatar Airways has full confidence in Cathay Pacific, eyes bigger stake

Aug 27 2019

KUALA LUMPUR Qatar Airways has full confidence in Cathay Pacific Airways Ltd and will increase its 10% stake in the Hong Kong carrier if it has any opportunity to do so, the Qatari airline's chief executive said on Tuesday.

Palm falls on ringgit strength, overnight soyoil losses

Aug 21 2019

KUALA LUMPUR Malaysian palm oil futures edged down at the midday break on Wednesday, as a stronger ringgit and overnight losses in U.S. soyoil prices weighed.

People in protest-hit Hong Kong eye Malaysia's second-home programme

Aug 20 2019

KUALA LUMPUR A Malaysian programme to attract wealthy foreigners to live in the Southeast Asian nation has drawn 251 applications from Hong Kong residents this year, compared with 193 approved last year from the Chinese-ruled city, a government official said.

People in protest-hit Hong Kong eye Malaysia's second-home program

Aug 20 2019

KUALA LUMPUR A Malaysian program to attract wealthy foreigners to live in the Southeast Asian nation has drawn 251 applications from Hong Kong residents this year, compared with 193 approved last year from the Chinese-ruled city, a government official said.

UPDATE 1-People in protest-hit Hong Kong eye Malaysia's second-home programme

Aug 20 2019

KUALA LUMPUR, Aug 20 A Malaysian programme to attract wealthy foreigners to live in the Southeast Asian nation has drawn 251 applications from Hong Kong residents this year, compared with 193 approved last year from the Chinese-ruled city, a government official said.

People in protest-hit Hong Kong eye Malaysia's second-home programme

Aug 20 2019

KUALA LUMPUR, Aug 20 A Malaysian programme to attract wealthy foreigners to live in the Southeast Asian nation has drawn 251 applications from Hong Kong residents this year, compared with 193 approved last year from the Chinese-ruled city, a government official said.

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