Latest news with #NORMANGOH
Nikkei Asia
3 hours ago
- Business
- Nikkei Asia
Malaysia's Anwar unveils $500m in aid to address cost-of-living concerns
Malaysian Prime Minister Anwar Ibrahim announces cash handouts and other measures in a televised speech on July 23. (Prime Minister's Office of Malaysia) NORMAN GOH KUALA LUMPUR -- The Malaysian government has unveiled a slew of relief measures, including 2 billion ringgit ($500 million) in cash assistance for all adults and lower fuel prices to address cost-of-living worries. Announcing the programs in a televised speech, Prime Minister Anwar Ibrahim said the higher cost of living is a pressing issue, even though the country's inflation has eased in recent months.
Nikkei Asia
15-07-2025
- Politics
- Nikkei Asia
Trump's pick for Malaysia envoy triggers controversy
Trump-supporting author Nick Adams, whom the U.S. president has nominated to be his next ambassador to Malaysia. His right-wing views have prompted criticism in the Southeast Asian nation. NORMAN GOH and SHAUN TURTON KUALA LUMPUR/SYDNEY -- U.S. President Donald Trump's nomination of conservative commentator and arch-loyalist Nick Adams as his next ambassador to Malaysia has triggered alarm in diplomatic circles and sparked criticism in both Malaysia and Australia, where the right-wing firebrand first made headlines two decades ago. However, observers also said that Adams' close ties to Trump could benefit Malaysia as it seeks to address a range of policy issues with Washington, notably trade ties.
Nikkei Asia
09-07-2025
- Business
- Nikkei Asia
Malaysia's Anwar warns tariffs now used to 'pressure, isolate' others
Malaysian Prime Minister Anwar Ibrahim delivers his speech during the opening ceremony of the 58th ASEAN Foreign Ministers' Meeting in Kuala Lumpur, on July 9. © Reuters NORMAN GOH and ISMI DAMAYANTI KUALA LUMPUR -- Tariffs are now being used to "pressure, isolate and contain" other countries, Malaysian Prime Minister Anwar Ibrahim warned on Wednesday as he kicked off ASEAN's key foreign ministers' meetings, where U.S. trade policy is set to take center stage. "Across the world, tools once used to generate growth are now wielded to pressure, isolate and contain," he said, speaking at the opening ceremony of the ministerial meetings in Kuala Lumpur. "Tariffs, export restrictions and investment barriers have now become the sharpened instruments of geopolitical rivalry."
Nikkei Asia
04-07-2025
- Business
- Nikkei Asia
AirAsia announces $12.3bn Airbus deal for long-range jets
AirAsia planes on the tarmac of Kuala Lumpur International Airport. © Reuters NORMAN GOH KUALA LUMPUR -- AirAsia, the world's largest low-cost carrier, announced a $12.25 billion deal on Friday to purchase 70 A321XLR aircraft from Airbus, marking a bold step in its ambition to become a global low-cost network airline. Speaking virtually from Paris, AirAsia co-founder and Capital A group chief executive Tony Fernandes said the new long-range, narrow-body jets will support the Malaysian airline's next phase of "transformative growth" as it expands its multi-hub strategy across Asia and beyond.
Nikkei Asia
24-06-2025
- Business
- Nikkei Asia
Chipmaker Melexis bets on Malaysia's 'neutrality' to power China growth
Melexis opened its largest wafer testing site worldwide in Kuching, in the east Malaysian state of Sarawak, covering around 4,500 sq. meters. (Photo courtesy of Melexis) NORMAN GOH KUALA LUMPUR -- Belgian chipmaker Melexis is leveraging its production capacity in "neutral" Malaysia to navigate the geopolitical headwinds buffeting the global semiconductor industry, with an eye toward sharpening its China strategy. Marc Biron, chief executive of Melexis, told Nikkei Asia that the uncertainties surrounding the global chip supply chain are pushing companies to become "agile enough" to seize emerging opportunities, particularly by building out a "China for China" model.
