1 Latvian Lat = 7.165 Malaysian Ringgit

1 Egyptian Pound = 0.2785 Malaysian Ringgit

1 Botswana Pula = 0.3569 Malaysian Ringgit

1 Bulgarian Lev = 2.4005 Malaysian Ringgit

1 Canadian Dollar = 3.0919 Malaysian Ringgit

1 Euro = 4.7547 Malaysian Ringgit

1 Mexican Peso = 0.1831 Malaysian Ringgit

1 Brazilian Real = 0.7561 Malaysian Ringgit

1 United Arab Emirates Dirham = 1.1799 Malaysian Ringgit

1 Sri Lanka Rupee = 0.0232 Malaysian Ringgit

1 Algerian Dinar = 0.0338 Malaysian Ringgit

1 Indonesian Rupiah = 0.0003 Malaysian Ringgit

1 Lithuanian Lita = 1.4678 Malaysian Ringgit

1 Nigerian Naira = 0.0111 Malaysian Ringgit

1 Czech Republic Koruna = 0.1724 Malaysian Ringgit

1 Bolivian Boliviano = 0.6285 Malaysian Ringgit

1 Japanese Yen = 0.0406 Malaysian Ringgit

There was little sign of cheer in Malaysia last week even as the government began easing the gruelling nationwide lockdown it had put in place to curb the spread of Covid-19, with all eyes now on the bleak economic road ahead.Government data released on Friday showed the unemployment rate in Southeast Asia’s third-largest economy rose to 3.9 per cent in March – the highest rate since 2010, and a 17.1 per cent jump from a year ago. Expectations are that the figure will continue to surge.While…

As Johor Darul Ta'zim ascend to the throne as the new Kings of Malaysian football, Pahang are emerging as the anointed challenger to the champions.

Malaysia's government extended the time frame for movement and business curbs by another four weeks to June 9, amid a gradual reopening of economic activity stunted by the coronavirus pandemic.

Malaysia's government extended the time frame for movement and business curbs by another four weeks to June 9, amid a gradual reopening of economic activity stunted by the coronavirus pandemic.

The U.S. Department of Justice (DoJ) returned nearly $200 million to Malaysia in May.

The post Malaysia recovers $323m of 1MDB fraud money, PM’s office says appeared first on DealStreetAsia.

Most economists have cemented their expectations for the MAS to ease policy at its review scheduled for April.

The post Singapore inches towards first recession in two decades amid COVID-19, Malaysia travel ban appeared first on DealStreetAsia.

The Malaysian government announced a nationwide lockdown from March 18 to 31 to avoid the spread of the novel coronavirus.

The post Coronavirus lockdown gets dealmakers, entrepreneurs jittery in Malaysia appeared first on DealStreetAsia.

The firm is in talks with a host of investors in Singapore, Thailand, Cambodia and Indonesia, apart from its home market.

The post Malaysian payments firm iPay88 in talks to raise $25m to expand ops appeared first on DealStreetAsia.

EPF has been open to increasing its overseas portfolio to diversify its investment risk.

The post Malaysia’s EPF said to have acquired London office block for $379m appeared first on DealStreetAsia.

It is exploring setting up a vehicle to take over the debt of Malaysia Airlines and AirAsia.

The post Malaysia explores debt options, M&A to bail out airlines appeared first on DealStreetAsia.

Measures announced by the govt, such as tax and loan deferments, are unlikely to boost VC investments.

The post Malaysia’s latest stimulus package gets thumbs down from businesses, investors appeared first on DealStreetAsia.

The startup was looking to foray into Thailand and Singapore this year.

The post Malaysia’s Moovby puts expansion plans on hold amid COVID-19 crisis appeared first on DealStreetAsia.

Japan's GPIF has appointed Goldman Sach's Eiji Ueda as its CIO and managing director.

The post People Digest: Malaysia PM named Khazanah chairman; Japan’s GPIF hires CIO appeared first on DealStreetAsia.

CEO Marc Barnett described the layoffs as a response to uncertainties surrounding the impact of the COVID-19 pandemic.

The post Malaysia streaming platform iflix cuts staff as debt deadline, virus uncertainties loom appeared first on DealStreetAsia.

Golden Skies Ventures has secured financing for the deal from an undisclosed European bank.

The post Malaysian firm offers $2.5b for Khazanah-backed ailing state carrier appeared first on DealStreetAsia.

The company plans to complete as many as seven mergers and acquisitions over the next two years.

The post Malaysian drone firm Aerodyne to seize global M&A opportunities amid virus turbulence appeared first on DealStreetAsia.

GSV submitted its proposal last month to Morgan Stanley, which Khazanah has hired to manage the airline’s search for a strategic partner.

The post Khazanah sceptical about GSV’s $2.5b offer for Malaysia Airlines appeared first on DealStreetAsia.

The program will provide 20-40 million ringgit to Malaysian companies looking for capital.

The post Malaysia’s COPE Private Equity launches $41m program to back local businesses appeared first on DealStreetAsia.

The Malaysian government has been seeking a strategic partner for its financially ailing national airline.

The post Malaysia Airlines, Khazanah in talks with government to seek more funds appeared first on DealStreetAsia.

The US Department of Justice last year said it had recovered $1 billion in assets associated with the corruption scandal, its largest-ever civil forfeiture.

The post US returns another $300m of recovered 1MDB funds to Malaysia appeared first on DealStreetAsia.

It was the company’s first bond sale since a $5 billion offering in March 2015.

The post Malaysia’s state oil giant Petronas raises $6b in first bond offering in five years appeared first on DealStreetAsia.

Hoow Food previously raised S$1.7 million in a seed round led by F&B player Killiney Group and joined by TRIVE.

The post SEA Digest: SG’s Hoow Foods nabs funds; ScaleUp Malaysia backs 10 firms appeared first on DealStreetAsia.

Bursa Malaysia said both exchanges would collaborate on several areas of mutual interest aimed at strengthening ties and promoting the flow of investment.

The post Malaysia, Shenzhen stock exchanges sign MoU to improve cross-border collaboration appeared first on DealStreetAsia.

Divestment activity jumped nearly four times to $145.03 million from $36.99 million a year ago, SC data shows.

The post Malaysia’s PE, VC sector sees slight dip in total fund commitment in 2019 appeared first on DealStreetAsia.

A possible merger between MAB and AirAsia was considered even last year.

The post AirAsia, Malaysia Airlines merger an option as COVID-19 batters industry appeared first on DealStreetAsia.

The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share.

The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia.