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  1. News - Asia - AVIATION

    After twin disasters, Malaysia Airlines slashes 6,000 jobs in revamp

    Posted Aug 29th 2014, 03:25pm by AP

    ... Associated Press in Kuala Lumpur Malaysia Airlines cuts 6,000 jobs, trims routes Malaysia Airlines will shed 30 per cent of its staff, cut routes and replace its CEO to stave off ... to "strike a balance between Malaysia's desire to revive a national carrier against the prudent use of public funds", he said. The airline will be taken off the Malaysian stock exchange ...

    http://www.scmp.com/news/asia/article/1581690/malaysia-airlines-cut-6000-staff-overhaul
  2. Business - Companies - PRIVATISATIONS

    State investment fund to buy out troubled Malaysia Airlines

    Posted Aug 09th 2014, 04:10am by Reuters

    ... Reuters in Kuala Lumpur State fund to buy out ailing Malaysia Airlines Malaysia's state investment fund will pay 1.38 billion ringgit (HK$3.33 billion) to take troubled Malaysian ... killing all 298 people on board. The head of Malaysia Airlines' main labour union said it would support the plan only if the top management team, led by chief executive Ahmad Jauhari, ...

    http://www.scmp.com/business/companies/article/1569584/state-investment-fund-buy-out-troubled-malaysia-airlines
  3. Business - Companies - STOCK MARKET

    Malaysia Airlines' future in doubt after Ukraine downing

    Posted Jul 18th 2014, 01:30pm by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Firm's future in doubt after crash Shares of Malaysia Airlines tumbled the most in nine weeks on news it had lost a second plane in four months, and the fresh blow threatens to bring Malaysia's unprofitable national airline to an end unless the government buys it out, say analysts. The carrier's stock at the Bursa Malaysia dropped ...

    http://www.scmp.com/business/companies/article/1556080/malaysian-airlines-shares-nosedive
  4. Business - Money - FUNDS

    Surging debt at Malaysia's shadowy 1MDB fund emerges as sovereign risk

    Posted Jun 03rd 2014, 01:30am by Reuters

    ... Reuters in Singapore Debt at shadowy 1MDB seen as sovereign risk Lurking beneath Malaysia's solid investment-grade sovereign rating is a risk posed by a US$14 billion investment fund ... advisory board, 1Malaysia Development Berhad (1MDB) is struggling under the burden of US$11 billion in borrowed money. The government says it only guarantees about 14 per cent of the debt. ...

    http://www.scmp.com/business/money/markets-investing/article/1524084/surging-debt-malaysias-shadowy-1mdb-fund-emerges
  5. Business - Companies

    Sinopec Engineering wins US$1.33b contract from Petronas

    Posted Aug 07th 2014, 09:56am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Sinopec Engineering has been awarded a US$1.33 billion contract to build an oil refining and petrochemical project in Pengerang, Johor state, Malaysia, the Hong Kong-listed firm announced on Thursday morning. The contract was awarded by PRPC Refinery and Cracker, a subsidiary of Petroliam Nasional, the Malaysian state-owned oil giant better known ...

    http://www.scmp.com/business/commodities/article/1568116/sinopec-engineering-wins-us133b-contract-petronas
  6. Business - Economy - COMMENT

    Malaysia's political mess needs far more than PR fix

    Posted Apr 10th 2014, 01:01am by BLOOM

    ... William Pesek With nation's deepest flaws laid bare by plane crisis, a radical overhaul of system is required Malaysia's political mess needs far more than PR fix US President ... with China- a country Obama would rather not antagonise. But most problematic of all may be Obama's time in Malaysia. Obama's visit- the first by a US leader to Kuala Lumpur in 50 years- ...

    http://www.scmp.com/business/economy/article/1472170/malaysias-political-mess-needs-far-more-pr-fix
  7. Business - Economy - MONETARY POLICY

    Ringgit is best carry bet amid rate rise outlook

    Posted Aug 06th 2014, 03:12am by Bloomberg

    ... Bloomberg Interest-rate swaps have advanced to 3.7pc since Bank Negara Malaysia became Southeast Asia's first central bank to tighten policy this year Ringgit is best carry bet as rates tighten The odds that Malaysia's central bank will increase borrowing costs at least once more this year are providing Asia's best carry-trade returns in the ringgit. Trades ...

    http://www.scmp.com/business/economy/article/1567203/ringgit-best-carry-bet-amid-rate-rise-outlook
  8. Business - Economy

    Malaysia talks up niche as Asean hub

    Posted Mar 31st 2014, 05:27am by Denise Tsang

    ... Denise Tsang denise.tsang@scmp.com Malaysia talks up niche as Asean hub Competition for foreign direct investment is heating up in the region as Malaysia's special economic zone has entered the fray to draw in global investors. Iskandar Malaysia, a national project in South Johor, at the southern tip of the Malaysian peninsula that is twice the size of Hong Kong and three ...

    http://www.scmp.com/business/economy/article/1461308/malaysia-talks-niche-asean-hub
  9. Business - Economy

    Productivity slumps as China slips towards middle-income trap

    Posted Aug 30th 2014, 01:29am by Reuters

    ... the global financial crisis- a classic sign of the "middle-income trap" many other emerging economies, such as Brazil or Malaysia, have found themselves stuck in after promising starts. ...

    http://www.scmp.com/business/economy/article/1581847/productivity-slumps-china-slips-towards-middle-income-trap
  10. Comment - Insight & Opinion - THE VIEW

    It takes courage to know when to quit

    Posted Aug 13th 2014, 04:05pm by Stephen Vines

    ... Stephen Vines The decision to de-list Malaysia Airlines is possibly not going far enough, especially in a lost cause The art of calling it quits When is the right time to quit? Yet again ... it." News that troubled Malaysia Airlines is to be delisted from the Kuala Lumpur stock exchange by the government-backed Khazanah Nasional wealth fund comes as no surprise, but it may turn out ...

    http://www.scmp.com/comment/insight-opinion/article/1572857/it-takes-courage-know-when-quit

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