Mon, 20 May 2019, 6:34 PM
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Topic: Philippines

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WASHINGTON (May 19): The U.S. military said one of its warships sailed near the disputed Scarborough Shoal claimed by China in the South China Sea on Sunday, a move likely to anger Beijing at a time...
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THIS week’s overnight policy rate (OPR) cut of 25 basis points by Bank Negara Malaysia met the expectations of most economists as concerns over stalling growth rise.
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KUALA LUMPUR: The Wesak Day is celebrated by Buddhists across the country today in peaceful and harmonious atmosphere, in line with the practice of religious freedom that symbolises the unity of the c...
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PETALING JAYA: China’s escalating rivalry with the United States has put pressure on it to seek support from its smaller neighbours but its initiative is likely to be met with resistance from Malays...
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Buddhists celebrated Wesak Day today by visiting temples early in the morning to carry out religious rituals and pay tribute to Siddharta Gautama, the founder of the religion.
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KUALA LUMPUR, May 19 — The Wesak Day is celebrated by Buddhists across the country today in peaceful and harmonious atmosphere, in line with the practice of religious freedom that symbolises the uni...
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FEATURE | Unggun’s family lives in a traditional Bajau Laut houseboat in Semporna, a coastal town in Sabah.
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Overseas investments into Asian bonds turned negative for the first time in three months in April, and analysts predicted the regional assets to come under more pressure due to an escalation in the Sino-U.S. trade dispute.
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South-East Asia is in the grip of a fresh surge of paedophile activity with predators orchestrating and watching abuse on live-streaming sites and via webcams, and paying for it with near-untraceable cryptocurrency, victims and children’s charities warn.
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JAKARTA: Indonesia’s central bank left its benchmark interest rate unchanged on Thursday as the currency comes under renewed pressure from an escalation in trade tensions between the US and China.
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(May 16): With some corners of the market betting the Federal Reserve will cut rates three times this year, you might expect cheers from emerging markets.
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KUALA LUMPUR (May 16): The domestic assets under management (AUM) in Malaysia is expected to rise 70% to US$729 billion by 2028, from US$435 billion in 2018, according to Morgan Stanley.
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KUALA LUMPUR, May 16 — Leong Hup International Bhd made its debut on the Main Market of Bursa Malaysia Securities at a two sen premium over its initial public offering (IPO) price of RM1.10 with 20....
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KUALA LUMPUR (May 16): Leong Hup International Bhd made a firm relaunch on the Main Market of Bursa Malaysia this morning, as its shares opened two sen above its issue price of RM1.10 amidst market vo...
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PUTRAJAYA: The memorandum of cooperation (MoC) for Malaysia to send semi-skilled workers to Japan has not been finalised, says M. Kulasegaran.
Malay Mail:
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KUALA LUMPUR, May 15 — Singapore-based grocery and delivery start-up Honestbee will no longer be operating its food delivery service and laundry delivery service in the island nation.
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PUTRAJAYA: The memorandum of cooperation (MoC) for Malaysia to send semi-skilled workers to Japan has not been finalised, said Human Resource Minister M Kula Segaran (pix).
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PETALING JAYA (May 15): RM Quest Sdn Bhd, the developer of the Intelligent Residence Management App (iRM) has signed a Memorandum of Understanding (MoU) today with its Malaysian marketing partner, Win...
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The memorandum of cooperation (MoC) for Malaysia to send semi-skilled workers to Japan has not been finalised, Human Resource Minister M Kula Segaran said today.
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SO near, yet so far. Timor-Leste has been trudging on for eight years but the road to membership in Asean remains a long and winding one for Asia’s youngest democracy.
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KUALA LUMPUR, May 15 — Human Resources Minister M. Kulasegaran responded to local pushback against a proposal to supply skilled manual labourers to Japan, saying it was meeting the present reality i...
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KUALA LUMPUR: Former national swimmer Nurul Huda Abdullah has been appointed deputy chef de mission (CDM) II for the 2019 SEA Games in the Philippines to assist CDM Megat Zulkarnain Omardin.
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KUALA LUMPUR (May 14): A collaborative study by ASEAN CSR Network and Mahidol University’s Institute of Human Rights and Peace Studies on Asean business and human rights agenda saw Sime Darby Planta...
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LETTER | We are deeply disturbed by the continuing spate of public statements issued by various state government leaders expressing concern on the so-called plight of foreigners in Sabah.
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KUALA LUMPUR: The outflow of foreign funds from Malaysian equities swelled to US$108.3 million (RM450.53 million) last week — the largest outflow in nine weeks.
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KUALA LUMPUR: Morgan Stanley has trimmed its growth forecasts for Malaysia and five other Asian countries to take into account the downside risks posed by the renewed escalation in the US-China trade ...
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PETALING JAYA: Poultry producer Leong Hup International Bhd has posted a jump in its first-quarter earnings ahead of its return to Bursa Malaysia on Thursday.
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YouTubers Lauren Love and Joel Ashley posted a video of a prank where one of them dressed up as a CEO and pretended to fire staff members at Walmart. It did not go down well with most viewers.
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KUALA LUMPUR (May 13): Two Malaysian stocks, AirAsia Group Bhd and Petronas Chemicals Group Bhd, are among latest additions to FTSE Russell's  FTSE Value-Stocks Asean Index.
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Five to 10%. That’s the proportion of people who have access to health insurance in the Philippines, says entrepreneur Vincent Lau.
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Voting was underway in the Philippines on Monday in mid-term elections seen as a referendum on the rule of maverick President Rodrigo Duterte, who looks set to strengthen his grip on power and further...
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PETALING JAYA: The Ascott Ltd (Ascott), CapitaLand’s wholly-owned lodging business unit is striving to become the largest hospitality management company in Malaysia – one of its key markets in the...
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KUALA LUMPUR: The FBM KLCI slid closer to the psychologically important 1,600 level in Monday morning trade as the setback in US-China trade negotiations continued to weigh on investor sentiment.
Tech in Asia:
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Five to 10%. That’s the proportion of people who have access to health insurance in the Philippines, says entrepreneur Vincent Lau.
The Star:
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The Alibaba-backed e-commerce company scored the highest average monthly active users in Malaysia, Philippines, Thailand and Singapore.
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KUALA LUMPUR: Foreign funds upped their ante in net selling activiti last week, extending the selling streak on Bursa Malaysia to the seventh week, according to MIDF Research.
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KUALA LUMPUR (May 13): Foreign funds offloaded RM450.9 million of Malaysian equity last week, compared to selling RM275.7 million the prior week, according to MIDF Amanah Investment Bank Bhd Research.
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SINGAPORE: The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%.
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With slowing world growth and an unstable trade and political environment, interest rate cuts are not enough to bolster economic growth.
Digital News Asia:
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SINGAPORE-headquartered AsiaKredit, a digital consumer finance fintech, announced its entry into mainstream consumer finance in the Philippines with the launch of a suite of digital installment loan p...
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PETALING JAYA: Putrajaya is looking to sign an agreement with Tokyo which will see Malaysian blue-collar workers being sent to work in specified sectors in Japan under a visa programme launched last m...
Malay Mail:
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KUALA LUMPUR, May 12 — Malaysia is planning to send skilled workers to Japan under the new visa programme the latter launched on April 1.
The Straits Times:
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Malaysia's ruling pact Pakatan Harapan (PH) yesterday won its first by-election this year in Sabah, breaking the coalition's streak of losing in the previous three by-elections.
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PETALING JAYA: The Ascott Ltd (Ascott), CapitaLand’s wholly-owned lodging business unit is striving to become the largest hospitality management company in Malaysia – one of its key markets in the...
e27:
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SalesCandy International Sdn Bhd, a Malaysia-based salestech startup, has entered Thailand, the Philippines, Indonesia, and Vietnam.
The Star:
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Three central banks in the Asia-Pacific have reduced interest rates this week, offering monetary stimulus to the economy as the US-China trade war continues to pose downside risks to growth.
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KUALA LUMPUR: The FBM KLCI continued to price in the breakdown in trade negotiations between the US and China and slumped noticeably after the passing of the 12 noon deadline for US trade tariffs.
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I’ve always thought the Subaru XV’s cabin was a bit too shouty for the general population.
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Hong Kong superstar Andy Lau is said to be organising three concerts in Kuala Lumpur in September, Sin Chew Daily reported.
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ZURICH: LafargeHolcim has agreed to sell its operations in the Philippines in a deal which values the business at $2.15 billion, the world's largest cement maker said on Thursday, as it presses ahead with selling off operations in fringe markets.
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KUALA LUMPUR (May 9): Foreign holdings of Malaysian government bonds fell last month to their lowest level since January 2011 at RM162.3 billion or 21.9% of the total outstanding, according to UOB Glo...
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KUALA LUMPUR: The ringgit opened lower against the US dollar today as investors remain concerned over the outlook for local and global financial markets, dealers said.
Digital News Asia:
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THE Grand Finals of the Malaysian National Selections for SEA Games 2019 have come to an end at Central i-City Shah Alam.
Carlist.my:
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Based on the Subaru XV 2.0i-P, the GT Edition is a special edition variant of the highest specifications XV.
theSun:
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SANDAKAN: Sabah Chief Minister Datuk Seri Mohd Shafie Apdal (pix) said the development in Sandakan would focus on the timber-based manufacturing industry to provide job opportunities to the locals.
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Lazada is leading the pack in Southeast Asian ecommerce in terms of monthly active users, with Shopee landing right on its heels, report shows.
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PETALING JAYA: A global human rights group today raised concerns over Putrajaya’s fear of public opinion in failing to ratify several key United Nations (UN) conventions.
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SANDAKAN: Sabah Chief Minister Datuk Seri Mohd Shafie Apdal is confident that Pakatan Harapan's losing streak in by-elections will stop in the Sandakan by-election this Saturday (May 11).
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TAWAU: The Marine Police here foiled an attempt to smuggle fuel to the Philippines with the arrest of two local men caught with 30 barrels of petrol in Pulau Kalapuan waters, near here, yesterday.
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PUTRAJAYA: The Fisheries Department has never issued any deep-sea fishing licence, rented or leased it to foreigners, says its director-general Datuk Munir Mohd Nawi.
Tech in Asia:
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GoBear, a Singapore-based online marketplace for financial products, today revealed that it has secured US$80 million in funding to expand regionally.
Digital News Asia:
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ASIAN financial supermarket GoBear announced on May 8 that it has raised US$80 million (RM332 million) in funding to date.
The Star:
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KUALA LUMPUR: Leong Hup International Bhd’s institutional price and final retail price has been fixed at RM1.10 per share.
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PUTRAJAYA: The Department of Fisheries (DOF) has never issued or leased any deep-sea fishing licence to foreigners, said its director-general, Datuk Munir Mohd Nawi.
theSun:
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PUTRAJAYA: The Department of Fisheries Malaysia (DOF) has never issued any deep sea licence to be given, rented or leased to foreigners, its director-general Datuk Munir Mohd Nawi said.
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KUALA LUMPUR (May 7): Malaysia’s central bank cut its benchmark interest rate for the first time since July 2016, seeking to support the economy as global risks mount.
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KUALA LUMPUR (May 7): Malaysia's central bank on Tuesday became the first in Southeast Asia to cut its key interest rate this year, moving to support its economy at a time of concern about global grow...
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In Indonesia and Malaysia, it’s called a warung.
The Straits Times:
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KUALA LUMPUR (BLOOMBERG) - Malaysia's central bank on Tuesday (May 7) cut its benchmark interest rate for the first time since July 2016, seeking to support the economy as global risks mount.
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Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in an appearance at the federa...
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KUALA LUMPUR: India-based personal care giant Wipro Consumer Care has acquired Splash Corp, one of the top personal care companies in the Philippines, a move which will see new products in the Malaysian and Filipino markets.
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KUALA LUMPUR (May 7): ACE Market-bound Powerwell Holdings Bhd's planned initial public offering (IPO) involves 145.46 million shares comprising a public issue of 87.4 million new shares and an offer f...
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KUALA LUMPUR: Leong Hup International Bhd's institutional price and final retail price has been fixed at RM1.10 per share.
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In Indonesia and Malaysia, it’s called a warung.
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In the Philippines – where 76 million Internet users stay online the longest in the world – just a handful of people spend a few hours each day to fight fake news about the upcoming midterm elections.
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HONG KONG (May 7): NagaCorp’s founder is giving investors a US$1.8 billion confidence boost.
Malaysiakini:
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Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in an appearance at federal co...
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NEW YORK: Former Goldman Sachs Group banker Roger Ng has pleaded not guilty to criminal charges linked to the 1MDB scandal at the federal court in New York on Monday.
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NEW YORK, May 7 — Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in an appe...
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NEW YORK: Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in an appearance at federal court in New York on Monday.
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Sim racing is gaining traction, having already produced drivers that have turned out to be competitive on real-life circuits.
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E-SPORTS have gotten so prominent that we’ll now be seeing it in the upcoming SEA Games, to be held in the Philippines in November 2019.
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PETALING JAYA: Malaysian travel agencies are eyeing China’s “big mothers” with deep pockets in their push to capture a niche market in tourism.
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KUALA LUMPUR: Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the role of the media remains important for check and balance in a healthy democracy.
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KUALA LUMPUR, May 4 — Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the role of the media remains important for check and balance in a healthy democracy.
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PETALING JAYA: Tun Dr Mahathir Mohamad has congratulated the country for having jumped 22 places in the latest World Press Freedom Index.
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KUALA LUMPUR (May 3): Prime Minister Tun Dr Mahathir Mohamad has congratulated the Malaysian media for stepping up 22 places to 123rd ranking in the 2019 World Press Freedom Index.
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KUALA LUMPUR: Prime Minister, Tun Dr Mahathir Mohamad has congratulated the Malaysian media for stepping up 22 places to 123rd ranking in the 2019 World Press Freedom Index.
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PETALING JAYA: Tun Dr Mahathir Mohamad has congratulated the media after Malaysia jumped up 22 places in the latest World Press Freedom Index.
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KUALA LUMPUR (May 3): In a rare move for Asia, Malaysia has appointed its first female top judge, leading to calls from human rights activists on Friday to reform the country's judiciary and improve t...
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There are still those among us who have yet to watch Avengers: Endgame, and many of said people have gone to great lengths to avoid any and all forms of spoilers before watching the movie.
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Malaysian payment service provider GHL Systems has partnered Grab Malaysia to enable GrabPay mobile QR payments at its merchant payment touchpoints.
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IT’S been seven months since Jamal Khashoggi, a Saudi journalist and dissident, was brutally murdered inside the country’s consulate in Istanbul.
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KUALA LUMPUR: PublicInvest research has derived a fair value of RM1.26 on Leong Hup International Bhd ahead of the company's listing on Bursa Malaysia in mid-May.
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IPOH: It has now been 10 years since Nalvin Dhillon Narangan Singh first began his quest to get recognised as a Malaysian.
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MALAYSIAN small medium businesses (SMBs) are leading other Asean countries excluding Singapore in their digital transformation efforts, a study by Cisco revealed.
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KUALA LUMPUR (May 2): GHL Systems Bhd is adding GrabPay's payment channel to its existing credit and debit cards schemes, local e-Wallets, as well as crossborder e-Wallets for its merchant base in Mal...
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GrabPay’s mobile QR payment will be accepted at GHL’s payment touchpoints soon according to an announcement issued by GHL today.
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Malaysia-based conglomerate Hong Leong Group announced that it has launched a new innovation centre named HLX.
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MAY 1 — The overamplification of issues like race and religion in Malaysian politics make them a shortcut to people’s sentiment when politicians want to achieve their goals.