Alibaba launches electronic trading hub in Malaysia

Alibaba launched an electronic trading hub in Malaysia Friday aimed at helping small- and medium-sized businesses, a first for the Chinese internet giant outside its home country. The hub, part of a “digital free trade zone” near Kuala Lumpur International Airport, went live during a ceremony attended by Alibaba founder Jack Ma and Malaysian Prime Minister Najib Razak. It ...

Business

Malaysia Airlines picks new CEO after shock departure

Malaysia Airlines picks new CEO after shock departure

Malaysia Airlines on Friday named veteran senior executive Izham Ismail as its new CEO after his predecessor’s shock departure dealt a fresh blow to the struggling carrier....

Another blow for Malaysia Airlines as CEO takes wing

Another blow for Malaysia Airlines as CEO takes wing

Malaysia Airlines’ CEO quit yesterday to take a job at Ryanair, a fresh blow to the troubled Malaysian carrier which is still struggling to recover from twin disasters...

Miranda Kerr hands back multi-million dollar jewelry cache tied to 1MDB case

Miranda Kerr hands back multi-million dollar jewelry cache tied to 1MDB case

Australian model Miranda Kerr has turned over $8.1 million, nearly 35 million ringgit, worth of jewelry to the US Justice Department following allegations that the items were...

Fate of Malaysian unknown as China hands down sentences in Crown Resorts trial

Fate of Malaysian unknown as China hands down sentences in Crown Resorts trial

Nineteen current and former employees of Australia’s Crown Resorts company pleaded guilty to gambling-related charges in a Chinese court on Monday, with three Australian...

‘Technical issue’ sends AirAsia flight, terrified passengers back to Australia

‘Technical issue’ sends AirAsia flight, terrified passengers back to Australia

An AirAsia flight to Malaysia was forced back to Australia on Sunday due to a technical problem, with one passenger saying the plane was “shaking like a washing...

BREAKING: Saudi Arabia’s Aramco to invest USD7 billion in Malaysia oil refinery

BREAKING: Saudi Arabia’s Aramco to invest USD7 billion in Malaysia oil refinery

Saudi Arabia’s Aramco will invest $7 billion in a giant Malaysian oil refinery project, Prime Minister Najib Razak said Monday, as he declared ties with the kingdom...

AirAsia denies role in Rolls-Royce corruption scandal

AirAsia denies role in Rolls-Royce corruption scandal

Malaysia-based AirAsia on Monday denied any connection to the corruption scandal engulfing Rolls-Royce, which reportedly paid millions of dollars in bribes to win contracts. After...

Trump moves to withdraw from TPP trade pact with Malaysia, Singapore

Trump moves to withdraw from TPP trade pact with Malaysia, Singapore

President Donald Trump moved Monday to pull the United States out of the Trans-Pacific Partnership, making good on a pledge to scrap a deal he denounced as a “job...

Good news, folks; TNB to offer rebates for power consumers

Good news, folks; TNB to offer rebates for power consumers

The rebates will be made starting from January next year.


 

Coconuts KL Business

Nobody knows business like Coconuts KL knows business. Find the latest breaking news on 1MDB’s (alleged) shady dealings, the falling crude oil prices, as well as how much money Petronas is losing every quarter. Plus, you can be sure that you’ll be the first to know when USD1 = RM5.00. (Please, no!)