Malaysia

Islamic finance continues to boom in Asia, as Singapore property developer City Developments (CityDev) plans a sukuk (Islamic bond) sale the same week as Malaysian lender Hong Leung... 2008-08-20

Malaysia's Maybank has been executing a strategy of regional expansion over the last few months. It spent US$835mn to acquire Vietnam's An Binh Bank and Pakistan's MCB Bank in May,... 2008-08-12

Steelmaker Perwaja Holdings will list on the Malaysian stock exchange on August 20. Malaysia's largest IPO to date, Perwaja has raised MYR367mn (US$111mn) in the offering. Controlling... 2008-08-12

Second Finance Minister Nor Mohamed Yakcop stated on May 6 that Malaysia will retain its ban on ringgit borrowing for the purposes of trading, underscoring CFW's view that FX liberalisation... 2008-05-07

China has expressed interest in investing in a new oil pipeline network that will cross the Malaysian peninsula, according to a report by Chinese business information provider SinoCast.... 2008-04-25

Oasis Hong Kong Airlines announced its fall into financial liquidation on April 9. The start-up airline, which was established in 2006 by several Hong Kong investors led by Reverend... 2008-04-11

Following CFW's report on those banks vying for Temasek's stake in Bank Internasional Indonesia (BII) (see 'Final Bidders Announced For Stake In Indonesian Bank' March 17 2008) which... 2008-03-28

Temasek is selling its 42% stake in Bank Internasional Indonesia (BII) to comply with a new Indonesian central bank policy that does not allow foreign investors to have a controlling... 2008-03-12

Korea Export-Import Bank (KEXIM) has become the first Korean issuer to enter into Malaysia's local bond market. The MYR1bn (US$311mn) transaction was completed March 3 and received... 2008-03-06