Khazanah’s Secret: Minister reveals failed online lingerie venture among their bad investments

It’s been quite the roller-coaster for Khazanah Nasional, the other national sovereign wealth fund, over the last week. First, their entire board of directors resigns en masse, in a bid to expedite “restructuring” that was to occur under Mahathir’s new government. Then, news emerges that Prime Minister Mahathir decided to appoint none other than Prime ...

Business

READ: A former Malaysian minister on why cancelling the SG-KL railway is a big mistake

READ: A former Malaysian minister on why cancelling the SG-KL railway is a big mistake

It’s not unexpected for Datuk Seri Abdul Rahman Dahlan to protest against the cancellation of the Singapore-Kuala Lumpur high-speed rail (HSR) project. After all, he was the...

President of National Union of Journalists problematic response to sexual harassment is indicative of an entire mentality

President of National Union of Journalists problematic response to sexual harassment is indicative of an entire mentality

After the publication of an explosive article in Asian Correspondent on Monday that detailed the sexual harassment endured by female journalists working in Malaysia, Indonesia...

Alibaba launches electronic trading hub in Malaysia

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...

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...


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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!)