Monday, December 23

Tag: Malaysia

Malaysia asked Meta, TikTok to remove more content in 2023
16Dec By adminNo Comments
Business

Malaysia asked Meta, TikTok to remove more content in 2023

KUALA LUMPUR: Facebook-owner Meta and China's TikTok restricted a record number of social media posts and accounts in Malaysia in the first six months of 2023, data published by the firms showed, amid a jump in government requests to remove content. Malaysia PM Anwar Ibrahim's administration, which came to power in November 2022 on a reformist platform, has faced accusations of backpedalling on its promises to protect freedom of speech amid increased scrutiny of online content in recent months. The government has denied allegations of stifling dissent online, saying it wanted to curb provocative posts that touch on race, religion and royalty.!(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { if (!isFBCampaignActive) { return; } (fun...
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Financial Services Roundup: Market Talk
5Dec By adminNo Comments
World

Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0139 GMT – Malaysian banks may report better earnings in coming quarters, with some lenders already seeing higher interest income as margin conditions improve, Kenanga IB analyst Clement Chua says in a note. However, this may not fully materialize in the coming 4Q earnings amid seasonal deposit competition, he says, but adds that banks’ 2024 earnings should stand up better than 2023. Chua expects banks may compete to increase market share in the financing space and thinks Bank Negara will maintain its policy rate at 3.0% throughout 2024, resulting in solid business conditions for the banking industry. Kenanga maintains an overweight rating on the Malaysia banking secto...
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Dusit to open first Malaysia property – Business Traveller
2Dec By adminNo Comments
Travel

Dusit to open first Malaysia property – Business Traveller

Dusit Hotels and Resorts has signed to manage its first hotel in Malaysia – ASAI Gamuda Cove – near Kuala Lumpur. Slated to open in the first quarter of 2026 next to the Paya Indah Discovery Wetlands, the new hotel promises to seamlessly link guests to other hotspots within the Gamuda Cove development, such as Discovery Park, SplashMania Waterpark, and a pedestrian-only commercial hub. Kuala Lumpur airport will be 20 minutes away by car, and the city centre can be reached in 40 minutes. Operating under Dusit’s locally focused lifestyle brand, ASAI Hotels, the 280-key ASAI Gamuda Cove hotel enjoys the distinction of being the first hotel signed under Dusit’s expanded ‘ASAI Tropical’ model, specifically tailored for properties located in areas of “outstanding natural beauty”. Like Dusi...
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Cashew Nuts: Cashew nuts from India head to markets in Qatar, Malaysia, US, Bangladesh as Apeda drives global exports
25Nov By adminNo Comments
Business

Cashew Nuts: Cashew nuts from India head to markets in Qatar, Malaysia, US, Bangladesh as Apeda drives global exports

NEW DELHI: The Agricultural and Processed Food Products Development Authority (Apeda) orchestrated a significant initiative to propel India's cashew industry forward.The body on Thursday celebrated the National Cashew Day.According to a statement by The Ministry of Commerce and Industry, this milestone event witnessed the flagging off of cashew nut shipments to strategic destinations, including Bangladesh, Qatar, Malaysia, and the USA, aiming to fortify India's standing as a major global cashew exporter.India, holds the second-largest share in the world's cashew nut production and export and plays a pivotal role in meeting the growing global demand for this nutritious and versatile commodity.Apeda, under the Union ministry of Commerce has been actively working to foster collaborations, ex...
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Malaysia Airlines launches 737 Max 8 operations – Business Traveller
21Nov By adminNo Comments
Travel

Malaysia Airlines launches 737 Max 8 operations – Business Traveller

Malaysia Aviation Group (MAG), the parent company of oneworld alliance carrier Malaysia Airlines, earlier this week commemorated the arrival of its first Boeing 737 Max 8 aircraft with a launch ceremony held at MAG’s engineering complex at Kuala Lumpur airport. The national carrier thus far has placed orders for 25 737 Max 8s, all on lease from US-based Air Lease Corp (ALC). The 25 new Max 8s will be delivered gradually through 2026. The first Malaysia Airlines Max 8 aircraft is currently plying the Kuala Lumpur-Kota Kinabalu route for crew familiarization. The maiden Max 8 will service destinations across domestic Malaysia, before expanding to other destinations across ASEAN as more 737 Max 8s arrive. “With the induction of our new Boeing 737-8, it will allow us to enhance customer...
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Malaysia Airlines grows Airbus A350 fleet – Business Traveller
14Nov By adminNo Comments
Travel

Malaysia Airlines grows Airbus A350 fleet – Business Traveller

Kuala Lumpur-based oneworld member, Malaysia Airlines, is growing its long-haul Airbus A350 fleet following the acquisition of a seventh A350-900. The flag carrier tells Business Traveller Asia-Pacific: “Malaysia Airlines has acquired an additional A350-900 aircraft, growing its A350 fleet size to seven aircraft from the current six. The aircraft bearing registration number 9M-MAH, arrived in Kuala Lumpur from Victorville, California on 12 November 2023.” The aircraft was manufactured in 2020 and previously operated for SAS – Scandinavian Airlines. Malaysia Airlines says: “The aircraft has undergone an exterior makeover to Malaysia Airlines livery of the national flag colours, and will maintain the existing seat configuration until the airline’s overall A350 fleet reconfiguration exe...
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Malaysia Airlines expands free inflight wifi provision to all passengers – Business Traveller
3Nov By adminNo Comments
Travel

Malaysia Airlines expands free inflight wifi provision to all passengers – Business Traveller

Malaysia Airlines has introduced free inflight for all passengers on selected aircraft. The service will initially be available on 20 A350, A330-200 and A330-300 aircraft, before being rolled out to selected narrowbody planes in phases. All passengers on these aircraft will be able to connect to inflight wifi for free, regardless of cabin class or loyalty tier. The move follows the provision of free wifi on the above aircraft for Business Suite, business class and Enrich Platinum passengers earlier this year. Malaysia Airlines to trial free wifi for some Customers will be able to connect their personal devices to the MHconnect network to avail of the free wifi, and the previous data cap of 100 MB per sector has been removed. An increasing number of carriers including Delta and Singapore...
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Ramsay Sime Darby Health Shortlists Bidders for Over $1.0 Billion Deal
2Nov By adminNo Comments
World

Ramsay Sime Darby Health Shortlists Bidders for Over $1.0 Billion Deal

Updated Nov. 1, 2023 10:41 pm ETTPG-backed hospital operator Columbia Asia and a consortium led by Affinity Partners have emerged as the two shortlisted bidders for buying Asia-focused private hospital group Ramsay Sime Darby Health Care, people familiar with the deal said.One of the people said the 50:50 joint venture between Australian hospital operator Ramsay Health Care and Malaysian conglomerate Sime Darby aims to wrap up its over $1 billion sale by December.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Emirates to codeshare with Batik Air Malaysia – Business Traveller
25Oct By adminNo Comments
Travel

Emirates to codeshare with Batik Air Malaysia – Business Traveller

Dubai-based carrier Emirates has announced a codeshare with Batik Air Malaysia that would allow Emirates customers to access five domestic Malaysian cities and three regional South East Asia points operated by Batik Air via Kuala Lumpur International airport (KLIA). Emirates will place its code on Batik Air-operated flights to Penang, Kuching, Kota Kinabalu, Langkawi, Johor Bahru, Denpasar, Jakarta and Singapore. Emirates customers will also have the option to stopover in Kuala Lumpur before proceeding to their final destination. The airline will gain access to eight additional destinations operated by Batik Air via Kuala Lumpur for interline transfers. Emirates has been operating flights to Malaysia since 1996, and currently has 21 weekly flights to Kuala Lumpur using a mix of Boeing 77...
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