Malaysia

Indonesia seized 101 pangolins on fishing boat

Indonesian authorities have seized more than 100 pangolins, all of them alive, an official said Wednesday, a haul of the critically endangered species that conservationists estimate to be worth about 1.5 million dollars.Indonesian officials discovered the pangolins on Tuesday in a raid on a fishing boat off the east coast of Sumatra island, the navy said in a press statement.Authorities were tipped off by local residents who said men were attempting to smuggle the scaly mammals to Malaysia.Pa

25 October 2017
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Malaysian bonds at crossroads as budget looms

A nascent recovery in Malaysian bond inflows is set to depend on whether Prime Minister Najib Razak will be able to shrink the fiscal deficit while appealing to voters in an expected election budget.Najib will be able to count on higher revenue from a consumption tax and a recovery in crude prices, giving him room to commit to a balanced budget that would spur Malaysia’s bonds to outperform, according to Investec Asset Management.

25 October 2017
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Kim Jong-Nam murder suspects visit airport amid chaos

Two women on trial for murdering the North Korean leader's half-brother visited the Malaysian airport where he was poisoned under heavy police guard on Tuesday, with the exhausted suspects pushed around in wheelchairs and one bursting into tears.Indonesian Siti Aisyah and Vietnamese Doan Thi Huong, wearing bulletproof vests and in handcuffs, were brought to Kuala Lumpur International Airport as part of court proceedings along with the judge, defence lawyers and prosecutors.About 200 poli

24 October 2017
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Malaysian technology stock surged 400%

For technology stock investors, it sometimes pays to buy the companies that make the parts.Take Techfast Holdings, a small Malaysian supplier of everything from screws and self-clinching fasteners to materials for light-emitting diodes.

23 October 2017
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ASEAN Roundup: October 16 - 22, 2017

TensionsTensions have risen in Southeast Asia over the past week, particularly in Myanmar and the Philippines. Scores of Rohingya refugees who were fleeing their homeland in northern Rakhine state of Myanmar found themselves stranded at the Bangladeshi border.

22 October 2017
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Landslide hits famous Malaysian tourist island

Two workers were found dead and 12 others were missing Saturday after a landslide at a construction site on the popular Malaysian tourist island of Penang, officials said.Rescuers rushed to the Tanjung Bungah area on the north of Penang after the accident was reported just before 9:00 am (0100 GMT), the fire and rescue department said.Pictures showed large piles of earth had slipped off a hillside onto the site, where houses were being built.Two bodies were pulled from the mud and twelve othe

21 October 2017
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Malaysia pushes for more women in boardrooms

Even after 50 years since the formation of ASEAN (Association of Southeast Asian Nations), women representation in boardrooms across Southeast Asian countries is still lagging behind most developed nations.

19 October 2017
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Three companies offering to search for MH370

Three companies have offered to resume the search for flight MH370 but no decision has been reached on whether to take up any of the proposals, a Malaysian minister said Tuesday.US seabed exploration firm Ocean Infinity, Dutch company Fugro – which was involved in the original hunt – and a Malaysian company have made offers, Transport Minister Liow Tiong Lai told AFP.

17 October 2017
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Major international independent research institute enters Malaysia

RTI International has formally opened its office in Malaysia. Its entry into the Malaysian market enables it to explore and undertake research and advisory in the field of healthcare delivery systems and development of innovation ecosystems.The global independent research institute specialises in combining deep technical proficiency with multi-disciplinary expertise.

17 October 2017
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Is ASEAN the new breeding ground for startups?

The startup sector has exploded globally with investors on the lookout for the next "Facebook". This has inspired technology entrepreneurs to create their own companies and sell their ideas to the world in hopes of being the next Mark Zuckerberg.

16 October 2017
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