Topic
malaysia
Trade India extends anti-dumping duty on US, Malaysia, South Africa butyl alcohol for five years
India has extended its anti-dumping duty on imports of normal butanol (butyl alcohol) originating in the United States, Malaysia, and South Africa for five years, following a review by the Directorate General of Trade Remedies (DGTR) that concluded withdrawing the duty could lead to renewed dumping and material injury to domestic producers.
Commodities TotalEnergies Sells 85% Stake in Malaysia Block 2E to Inpex for $350 Million
TotalEnergies has sold its 85% interest in Block 2E offshore Malaysia, representing a net 8.5% stake in the Marjoram gas field, to Inpex for $350 million. The deal aligns with TotalEnergies' strategy to monetize non-operated assets and prioritize low-cost, low-emission growth projects. The Marjoram field, operated by Shell and expected to start production in 2026, is part of a $10 billion development.
Commodities Lightning Strike Sparks Fire at Offshore Platform off Sarawak, Malaysia
A lightning strike sparked a fire at the West Lutong offshore platform off Sarawak, Malaysia, on Sunday afternoon. Operator Vestigo Petroleum confirmed the fire was brought under control with no injuries or environmental threat. A shut-off valve was closed as a precaution. Investigations are ongoing.
Technology Malaysia's AI Agent-Powered Messaging Platform Respond.io Raises $62.5M, Targets Acquisitions
Respond.io, a Malaysian AI-powered customer conversation management platform, has raised $62.5M in Series B funding led by Camber Partners. The company has grown to $35M in annual recurring revenue with 169% year-over-year growth and a 30% profit margin. It plans to use the capital for hiring, organic growth, and acquisitions in North America and Europe.
Regulations & Compliance Malaysia Bans Social Media for Under-16s
Effective June 1, 2026, Malaysia enforces a ban on social media accounts for children under 16. Platforms with over 8 million users must implement age-verification systems or face penalties.