Kuala Lumpur: Axiata Group Bhd’s shareholders have approved the proposed merger between PT XL Axiata (XL Axiata) and PT Smartfren Telecom Tbk (Smartfren). The approval was granted at the Group’s extraordinary general meeting (EGM) through polling, and the results have

Kuala Lumpur: Malaysia’s largest home-grown pizza chain US Pizza aims to open 42 new outlets nationwide this year to bolster its presence in the local market. According to BERNAMA News Agency, Chief Operating Officer Deric Yeo stated that the fast

Kuala Lumpur: Increasingly complex supply shocks going forward call for a strategic approach by the policymakers to better navigate through these challenges successfully, said Bank Negara Malaysia (BNM). In its Economic and Monetary Review 2024 released today, the central bank

Kuala Lumpur: Foreign investors continued their trend as net sellers across eight Asian markets last week, culminating in total outflows of US$564.9 million. The withdrawal of foreign capital was most pronounced in these markets, with local institutions stepping up to

Kuala Lumpur: The United States’ imposition of tariffs on imports from Mexico, Canada, and China presents a potential opportunity for Malaysian exporters to ramp up production and potentially double their exports to the US. According to BERNAMA News Agency, the

Kuala Lumpur: Implementing strategic, innovation-driven industrial policies and labour market reforms can significantly increase household income by enhancing productivity, creating more job opportunities, and ensuring fair compensation, according to Bank Negara Malaysia (BNM). According to BERNAMA News Agency, the central