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Malaysia Seeks to Become Chip Hub Amid Trade Tensions

By Ying Xian Wong Malaysia on Tuesday laid out plans to develop the country as a global chip hub, including allocating at least $5.3 billion in fiscal support and training 60,000 engineers. . -May 28, 2024 at 05:49 am EDT - MarketScreener

Maybank's First-Quarter Profit Rose Amid Stronger Noninterest Income

By Ying Xian Wong Malayan Banking s first-quarter net profit rose 9.8% from a year earlier, supported by a jump in noninterest income. Malaysia s largest lender in terms of market.

Malaysia's Economic Growth Was Stronger Than Expected in the First Quarter

By Ying Xian Wong KUALA LUMPUR Malaysia s economy expanded more than initially estimated in the first quarter, supported by stronger private-sector expenditure and a turnaround in exports. . -May 17, 2024 at 12:17 am EDT - MarketScreener

Malaysia's Axiata Explores Unit Merger With Indonesian Conglomerate Sinar Mas

By Ying Xian Wong Malaysian telco giant Axiata and Indonesian conglomerate Sinar Mas are considering merging their telecom operations in Indonesia in a deal that could create a combined entity.

Malaysia Central Bank Holds Rates Steady, as Widely Expected -- Update