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BUSINESS2d agoShares in Malaysia’s Genting tumble by most in 28 yearsShare in Genting plunged by the most in 28 years after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans to raise about 1.25 billion ringgit (US$306 million) through a renounceable rights issue. The stock fell as much as 17 per cent to 1.56 ringgit, the biggest decline since 1998. The issue price would be fixed at a discount ranging between 25 and 30 per cent, Genting said in a bourse filing on Friday, adding that proceeds raised would be used to repay its...South China Morning Post

BUSINESSOct 2Pakistan completes arrangements to increase rice exports to Malaysiaradio.gov.pk · Pakistan

BUSINESSSep 18Bail out or downsize? Malaysia’s stark choice as AirAsia losses mountMalaysia could struggle to preserve some domestic air links if low-cost carrier AirAsia is forced to scale back operations, analysts have warned, as rival airlines would have little commercial incentive to take over unprofitable routes. That reality could leave the government facing a stark choice: allow domestic flight services to shrink or step in with subsidies for essential routes, rather than assuming competitors will automatically fill any void left by the country’s largest budget...South China Morning Post

BUSINESSSep 1As rice output falls, Malaysia looks to China’s ‘2 yields, 1 land’ modelMalaysia is looking to China’s rice-prawn farms as a model to extract more from its shrinking paddy land as a slide in rice self-sufficiency has left it increasingly reliant on imports from its Southeast Asian neighbours. The experiment is also part of an attempt to confront other issues such as ageing farmers and more erratic weather, which have dented Malaysia’s rice output. Agriculture and Food Security Minister Mohamad Sabu said on Monday that Malaysia needed to raise its rice...South China Morning Post