Browsing Tag
Malaysia
95 posts
Malaysia sends aircraft and helicopters as Indonesia battles worst wildfires in 11 years
Malaysia is sending firefighting aircraft, helicopters and personnel to Indonesia as severe Kalimantan fires worsen air quality across Southeast Asia.
Can Atome turn Grab’s loss-making financial services arm into a $500m EBITDA business?
Grab is acquiring 60% of Atome Financial for $1.49 billion in cash, adding a $1 billion loan portfolio and 25 million cumulative users. The deal accelerates consumer lending across Southeast Asia, but it also commits more capital to credit risk while Grab’s Financial Services segment is still moving toward profitability.
GE Vernova (NYSE: GEV) adds Asia energy deals as valuation debate intensifies
GE Vernova has disclosed a 29.4 MW Japanese wind order alongside new Southeast Asian gas and services agreements, highlighting operating momentum even as Wall Street debates whether the stock’s valuation has moved too far ahead of earnings.
Shanghai Electric lands first overseas heavy gas turbine order with 500 MW Malaysia project
Shanghai Electric has secured its first overseas heavy-duty gas-turbine order for the 500 MW Unit 3 of Sarawak’s Samalaju CCGT project, combining turnkey EPC work with a 25-year maintenance agreement.
Sungrow and ERS Energy advance 1 GWh storage push across Malaysia and Philippines
Sungrow and ERS Energy are advancing 997 MWh of four-hour battery projects in Malaysia and the Philippines, highlighting how Southeast Asian power markets are moving from renewable construction toward large-scale grid balancing.
EnQuest’s $833m Malaysia deal could double production as North Sea costs rise
EnQuest increased production and more than doubled adjusted free cash flow in H1 2026, but higher costs, rising debt and the Magnus outage complicate a business preparing to more than double in scale through Malaysia.
Harvey Norman lost more than A$31m in UK retail, so why is it planning more stores?
Harvey Norman is planning more UK stores despite a A$31m segment loss, making overseas scale versus execution risk the central HVN valuation test.
Former Malaysian PM Ismail Sabri charged over undeclared multi-currency assets
Malaysia’s former prime minister has pleaded not guilty to failing to comply fully with an MACC asset-declaration notice covering substantial cash holdings and gold.
Prudential (LSE: PRU) slips as $1.5bn buyback meets China growth risk
Prudential raised H1 new-business profit 8% and its buyback to $1.5bn. Can Hong Kong growth withstand rising China regulatory risk?
Indonesia arrests 72 over forest fires as choking haze spreads into Malaysia
Indonesian police have named 72 suspects in 89 forest and land-fire cases as smoke crosses into Malaysia and investigators examine who financed the burning.