AFP

Malaysia-based AirAsia, Asia’s biggest budget air carrier, hopes to raise up to US$200 million by listing its Thai unit by the second quarter of this year, a company official said today.

The more worrying thing is our exports to China, which traditionally has supported our economy, have also declined, says an economist.

Petronas' net profit falls 34 percent in the third quarter and the company warns of challenging times ahead due to global economic uncertainty.

Malaysian state-owned oil giant Petronas today denied any knowledge of alleged oil theft by the consortium it belongs to which is in the middle of a bitter dispute between Sudan and South Sudan.

Two men were found guilty today of posing as Good Samaritans to steal from an injured Malaysian student in an infamous incident caught on camera during riots in London last year.

Singapore Airlines (SIA) said today it would raise fuel surcharges by up to US$28 for each leg of a flight due to high oil prices, a persistent problem that has ravaged airline earnings worldwide.

Petronas in a statement says it would will help boost total capacity at its LNG plant in Bintulu in Sarawak to 27.6 million tonnes per annum.

Anson Wong was arrested in August 2010 at KLIA airport as he tried to smuggle 95 of the endangered snakes to Indonesia.

It says net profit for the financial year, which ended on Dec 31, was RM564.1mil, compared to RM1.06bil in 2010.

The Department of Statistics says in a statement that consumer prices for January increased by 2.7 percent year-on-year.

The 44-page illustrated book published in 1984 aims to help parents explain to children such topics as sex, conception and birth.

Temasek Review Emeritus - well-known for its anti-establishment articles - said the article was without basis.

The government has ordered bookstores to stop selling a children's sex education book over concerns it could 'corrupt people's minds'.

Singapore’s prime minister has demanded an apology from a political website for a post his lawyer said alleged nepotism in the appointment of the premier’s wife as head of a state-linked firm.

Malaysian authorities today arrested an Iranian suspected in an alleged bomb plot against Israeli diplomats in Thailand, IGP says.

Sixteen gecko smugglers have been jailed for up to two years in Bangladesh following a police crackdown to help save the lizard whose numbers have fallen dramatically, police said today.

Australia’s Transport Safety Bureau says the flights descended into the Australian airport below 'minimum safe altitude'.

More than 150 Syrians demonstrated in Malaysia’s capital today to demand the ouster of the government of President Bashar al-Assad over its campaign to violently crush regime opponents.

The Philippine military said today Malaysia will send forensics experts to try to prove whether Filipino forces have killed three of South-East Asia’s most-wanted terror suspects.

Hamza Kashgari was taken into custody after flying into Malaysia’s main international airport yesterday, says police spokesperson Ramli Yoosuf.

Malaysia said today it posted record trade activity in 2011 as China became the country’s largest export market.

Three Indonesians and a Malaysian went on trial today for killing endangered orangutans and other protected primates as a means of pest control at a palm oil plantation on Borneo island.

The diplomat is alleged to have hit three pedestrians in December 2009. One of them, a Malaysian, suffered brain damage and died.