VENTURE CAPITAL POST

Chinese Premier Li Qiang's visit to Malaysia includes plans to integrate the East Coast Rail Link with regional projects, boosting China's Belt and Road initiative in Southeast Asia.

Diesel prices in Malaysia rose about 50% on June 10 due to the government's revised approach to fuel subsidies to cut spending and save billions of ringgit.

Google has unveiled its plan for a $2 billion investment in Malaysia.

Microsoft CEO Satya Nadella made big investments in Thailand and Malaysia and other initiatives to expand its Southeast Asian footprint and advance AI technologies.

The decision comes amidst escalating pressure from local boycotts stemming from the chain's perceived links to Israel.

Malaysia aims to make Kuala Lumpur a Southeast Asian digital powerhouse by 2030 by ranking it among the top 20 startup ecosystems.

Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.

Goodyear Tire & Rubber Co, one of the leading tire manufacturers globally, is closing its manufacturing plant in Malaysia.

DiCarpio Foundation is now also being involved in the Malaysian Fund scandal.

The US-Malaysia tie up is being sorrounded with anomally as regards to the 1MDB Malaysian Fund scandal.

Due to the continuing harmful effects of El Niño, Malaysia's palm oil production has been greatly affected reducing output by millions of metric tons.

Malaysian government halts its recruitment of foreign workers particulary Bangladeshi. Protests from private and public sectors arise urging the government to give clarification about the agreement. The deputy prime minister confirmed that the registration of 1.5 million Bangladeshi workers does not mean that all of them could gain entry on the Southeast Asian country and be hired.

The Singapore's authority announced that it has seized a large number of bank accounts in a probe into alleged misappropriations related to 1MDB. Details regarding the bank accounts will be shared with investigators from Switzerland, United States and Malaysia.

Malaysia has trimmed its growth forecast mainly due to plunging oil prices. A miscalculated assumption has messed up the 2016 budget, which has the government groping for damage-control measures. One of the key outcomes were increasing the household spending of the country, which can give the sluggish economy a much-needed boost.

After enjoying successful services in several Asian countries, GrabTaxi introduced a carpooling service in Singapore. The service is available for testing on Wednesday in the country. Drivers participating in GrabHitch must provide elligible document and verification checks.