Tag: Asia
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Johor polls: Refreshed slate for PM Anwar’s PH, lean lineup for opposition PN as campaigning kicks off
Analysts say that Perikatan Nasional’s decision to contest only 33 out of the 56 seats could benefit incumbent ruling coalition Barisan Nasional, paving the way for future cooperation in subsequent polls.
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Malaysian customs foil US$13 million AI chip smuggling bid
SEPANG, Malaysia: Malaysian authorities foiled an attempt to smuggle advanced artificial intelligence chips through the country’s main airport, customs officials said on Friday (Jun 26), in a case worth nearly US$13 million.A team raided Kuala Lumpur airport’s free trade zone on Jun 5 and seized 72 servers th
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Johor polls: Key parties, battlegrounds and issues to watch going into Nomination Day
Nomination Day for Johor’s Jul 11 state election will take place on Jun 27, with political parties and coalitions set to finalise their candidates for all 56 seats ahead of a 14-day campaign period.
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Myanmar burns US$525 million of illegal drugs
YANGON: Myanmar authorities torched on Friday (Jun 26) seized drugs worth an estimated US$525 million, according to the home affairs minister, who blamed rebel factions for the war-ravaged country’s booming trade in illegal narcotics.Analysts say that crumbling governance since a military coup in 2021 trigger
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South Korea’s KOSPI plunges more than 8% in new tech rout
Asian tech stocks also sank on Friday as the rollercoaster ride that has characterised the week continued into the weekend, while crude prices edged back down after a brief rally sparked by news of an attack on a ship in the Strait of Hormuz.
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Malaysia says new diesel subsidies can save millions to benefit citizens, but experts flag fiscal risks
Malaysia’s move to lower diesel prices to RM2.10 (US$0.50) per litre for all citizens could squeeze the government’s fiscal space if oil prices rise again, analysts warn.
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Business risk versus criminal conduct: Indonesia court case linked to failed start-up stirs debate
Experts and industry insiders say Indonesia’s venture capital firms will be more risk-averse after former executives of two government-backed investment firms were sentenced to jail for their decision to invest in a now-defunct agritech pioneer.
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Asian markets climb after strong results from US chipmaker Micron
TOKYO: Most Asian stock markets climbed in early trade on Thursday (Jun 25) on the back of strong earnings of United States chipmaker Micron.Tokyo’s Nikkei 225 was up 2.31 per cent at around 8.30am (7.30am, Singapore time), while Seoul’s benchmark Kospi index soared 5.65 per cent.All eyes had been on t
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Malaysians feast as ‘durian tsunami’ sends prices tumbling
The price of Musang King durian dropped to as little as RM9 per kilogram.
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Malaysia police launch disciplinary probe on personnel involved in China viral video
Inspector-General of Police Khalid Ismail said the individual remains on active duty while investigations are ongoing. Local media reports have linked the case to a video involving social media influencer Nur Asyiqin Mohd Dalil.
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