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Malaysia's IHH buys 51% stake in India's Continental Hospitals

Last Updated: Tuesday, March 24, 2015, 08:53

The deal comes one week after Singapore`s Competition Commission blocked IHH`s plan to buy a local unit of India`s Fortis Healthcare Ltd for 346.5 million ringgit.

New Malaysia airline eyes $1.5 bn Bombardier deal

Last Updated: Tuesday, March 17, 2015, 15:45

A new Malaysian airline said Tuesday it intends to buy 20 Bombardier CS100 aircraft in a $1.47 billion deal as it looks to tap Southeast Asia`s fast-growing travel market.

Oil price slump threatens Malaysia's oil ambitions

Last Updated: Friday, February 27, 2015, 03:06

A collapse in oil prices is making it harder to attract investment in the next phases of a plan to build one of Asia`s biggest energy hubs on Malaysia`s southernmost tip, a development estimated to be worth over $50 billion.

Tamil Nadu delegation attracts USD 4 bn investment

Last Updated: Thursday, February 26, 2015, 11:50

Indian state of Tamil Nadu has locked in about USD 4 billion of foreign investments of the USD 16 billion target set for the Global Investor's Meet (GIM) to be held later this year in Chennai.

AirAsia X shuffles management, to raise capital

Last Updated: Friday, January 30, 2015, 17:20

Loss-making AirAsia X, the long-haul arm of Malaysia-based budget carrier AirAsia, on Friday shuffled its leadership and announced plans to raise 395 million ringgit ($108 million) to shore up its bottom line.

Hackers target Malaysia Airlines, threaten data dump

Last Updated: Monday, January 26, 2015, 16:54

The website of Malaysia Airlines was commandeered for several hours on Monday by hackers who referenced the Islamic State jihadists and threatened to expose data taken from the carrier`s servers.

ASEAN to declare single market but delays deeper integration: Malaysia

Last Updated: Saturday, January 24, 2015, 17:57

ASEAN will officially call itself a single market by year`s end, but "big things" like seamless travel within the 10-nation bloc would only come in 2020, Malaysia`s trade minister told AFP in an interview.

Asian markets closed for Christmas

Last Updated: Thursday, December 25, 2014, 06:09

Financial markets in Hong Kong, Australia, Singapore, New Zealand, Malaysia, South Korea, India, the Philippines and Indonesia are closed Thursday for a public holiday.

Malaysia Airlines shares suspended as part of rescue plan

Last Updated: Monday, December 15, 2014, 09:12

Malaysia Airlines suspended its shares from the country`s stock exchange Monday under a government rescue plan for the flag carrier which is fighting for survival after losing two planes this year.

Aer Lingus CEO picked to helm troubled Malaysia Airlines

Last Updated: Friday, December 5, 2014, 17:46

Troubled Malaysia Airlines has picked the head of Irish flag carrier Aer Lingus, Christoph Mueller, as its future CEO as the airline struggles to recover from its two devastating disasters this year, it was announced Friday.

Malaysia Airlines loses widen in wake of disasters

Last Updated: Saturday, November 29, 2014, 02:31

Crisis-stricken Malaysia Airlines said on Friday that its third-quarter loss widened 54 percent in the wake of two devastating air disasters that have sent its business into a tailspin and prompted a government rescue.

Malaysians angry as Sweden holds parents for hitting child

Last Updated: Saturday, February 1, 2014, 15:01

Malaysia`s prime minister on Saturday offered help to a Muslim couple detained in Sweden for hitting their son, in a case that has provoked an outcry in the Southeast Asian country.