Pakistan faces big embarrassment as Malaysia seizes PIA flight due to non-payment of lease dues
In one of the rarest incidents in the history of international civil aviation that signals the state of Pak economy, Malaysia has seized a Pakistan International Airlines (PIA) Boeing-777 aeroplane at the Kuala Lumpur Airport owing to non-payment of aircraft lease dues.
PIA plane 'held back' by Malaysian authorities over UK court case: Airline spokesman
"A PIA aircraft has been held back by a local court in M...
AirAsia X shows court creditors' support for restructuring plan
In emails attached to the court filings, supportive lessors said they wanted ...
Toyota, Honda temporarily idle Malaysia plants amid COVID-19 lockdown
Toyota said two assembly plants building the Yaris sedan and Hilux halted production on Thursday. Operations there from Friday onwards will be decided later, a spokeswoman said.
Vegetable oil imports jump 9% to 24.59 lakh tonnes in November-December
"Import of vegetable oils during November- December 2020 is reported at 24,59,484 tonnes compared to 22,55,501 tonnes for the same period in 2019," Solvent Extractors' Association of India (SEA) said in a statement. The edible oil marketing year runs from November to October.
Badminton's Asia Leg: Saina out after testing COVID positive, Prannoy's sample gives conflicting results
Former Commonwealth Games champion Parupalli Kashyap too was forced to withdraw "due to close proximity" with wife and fellow shuttler Saina.
Six dead, nearly 50,000 evacuated in Malaysia floods
Authorities have stepped up rescue operations after locals complained they had to fend for themselves earlier this week. Heavy rains continued to batter the region on Friday, swelling the number of people abandoning their homes to more than 47,000, officials said.
Malaysia Airlines nears end of restructuring, parent co says
The aviation group said it is exploring a U.K. Scheme of Arrangement for the restructuring exercise, pending confirmation from remaining small minority creditors.
Singapore and Malaysia scrap high speed railway after delays
The 350-kilometre (217-mile) rail network was expected to cut travel time between Singapore and the Malaysian capital Kuala Lumpur to 90 minutes from the four or more hours by car today.
India may impose countervailing duty on Clear Float Glass imported from Malaysia
In the notification, the authority said that the domestic industry has submitted that it is currently going through a deep crisis due to the prolonged lockdown in India.
India busts Malaysia-based outfit’s terror attack plot
The Indian intelligence establishment is learnt to have intercepted crucial financial transactions with links to wanted Islamic preacher Zakir Naik suggesting that a Malaysia-based Rohingya outfit may be in an advanced stage of orchestrating a terror strike in India by a group led by a woman. The intelligence suggests that a woman-led group, trained in Myanmar, may attempt a strike.
Sony to shut a Malaysia factory, consolidate facilities
Operations at the plant will end by Sept. 30 and it will shut by the end of March 2022, affecting about 3,600 employees in Penang.
Malaysia secures Pfizer vaccine in a first for Southeast Asia
Malaysia has agreed to buy 12.8 million doses of Pfizer’s Covid-19 vaccine, becoming the first country in Southeast Asia to announce a deal with the US drugmaker after some expressed reservations over the need for ultra-cold storage.
Malaysia's AirAsia looks beyond losses to travel return
Airlines have been badly hit by the coronavirus crisis, which brought air travel to a near standstill at its height earlier this year, forcing many to seek financial help.
India imposes anti-dumping duty on clear float glass from Malaysia
The duty on clear float glass of thickness between 4mm and 12mm has been imposed on recommendations of the Directorate General of Trade Remedies which sought imposition of “definitive anti-dumping duty on the imports of subject goods… in order to remove injury to the domestic industry.”