Press announcement

Bloomberg Launches Bloomberg Television Malaysia

June 01, 2015

Market-moving news coverage of Malaysia’s business, economy and financial markets on Astro network

Kuala Lumpur, June 1, 2015 – Bloomberg today announced the launch of Bloomberg Television Malaysia on Astro, which features up to four hours of localized business news content covering Malaysia’s business, economy and financial markets.

The channel will debut with a weekday flagship evening news program, “Moving Malaysia”, broadcast live at 6 pm from Bloomberg Television Malaysia’s state-of-the art studios in Kota Damansara. Presented by lead anchor Sophie Kamaruddin, the program will feature comprehensive coverage of top business news stories from Malaysia and around the world.

“The local business community is underserved in terms of dedicated business news avenues,” said Tan Sri Mohd Effendi Norwawi, Chairman of Bloomberg TV Malaysia. “Recognizing that information is crucial for businesses, Bloomberg TV Malaysia offers the business community real-time business news and information. This is the first and only international business news channel to be localized for the Malaysian audience, and we are pleased to work together with Bloomberg and Astro in making this channel a reality.”

Part of Bloomberg’s strategic expansion into key markets, the new channel combines localized content with Bloomberg’s expertise in international news gathering to deliver high quality, in-depth coverage of Malaysia’s business and economic developments.

“Malaysia is one of ASEAN’s key economies and there is a compelling long-term story of development to be told as the country works towards its 2020 vision,” said Parry Ravindranathan, managing director of Bloomberg Media for Asia-Pacific. “We see continued interest in its economic journey from within and outside of Malaysia, and now have a platform for Malaysia’s market makers and business leaders to provide insight into the country’s ongoing development.”

“The addition of localised content delivered by Bloomberg TV Malaysia on Astro allows for the broadcast of reliable local news and business insights,” added Michael Chan, CEO of Bloomberg Television Malaysia. “We are excited to debut our coverage of market moving stories catering to Malaysia’s growing demographic of business news consumers.”

Overseeing operations is industry veteran Richard Lewis who has joined as executive producer. Lewis, with almost 30 years’ experience in broadcast, was previously executive producer at Al Jazeera English in Qatar and writer and producer for ITN in London.

Bloomberg Television Malaysia is currently available on Astro CH 519. Astro is the country’s leading Pay-TV service provider with a customer base of 4.4 million, or approximately 63% penetration of Malaysian TV households.

About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 320,000 subscribers globally. Headquartered in New York, Bloomberg employs more than 15,500 people in 192 locations around the world. For more information, visit www.bloomberg.com/company/.

Media Contacts
Bloomberg:
APAC, Robert Koh, rkoh22@bloomberg.net, +852-2977-2101
EMEA, Catrin Thomas, cthomas106@bloomberg.net, +44 7917 000 808
US, Amanda Cowie, acowie@bloomberg.net, +1 212 617 1689

Bloomberg TV Malaysia:
Michael Chan, michael@bloombergtv.my, +603 6142 4277
Newsdesk, news@bloombergtv.my, +603 6142 3773