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Tag: Malaysia

Posted on December 6, 2020

Economists offer different takes on Fitch downgrade of Malaysia’s rating

Economists have given mixed views on Fitch Ratings’ latest revision of Malaysia’s sovereign rating, with some saying it is on expected …

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Posted on December 6, 2020

Amid Malaysia’s political chaos, is the country’s king carving out a new place for himself?

While Sultan Abdullah Sultan Ahmad Shah’s unprecedented statements and actions are seen by some as contradictory to the king’s constitutional role, it can be argued he is portraying himself as a …

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Posted on December 6, 2020

Malaysia reports 1,335 new COVID-19 cases

KUALA LUMPUR: Malaysia reported 1,335 new COVID-19 cases on Sunday (Dec 6), taking its total to 72,694. Three of the new infections were …

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Posted on December 6, 2020

‘Don’t know if I’ll ever fly again’: Pilots, aircrew in Malaysia turn entrepreneurs to tide over COVID-19

It has been months since Naeem Nassir was terminated from Oman Air in July, and the 30-year-old pilot still longs for the adrenaline …

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Posted on December 6, 2020

The Road Is “Wide Open” for Fintech as It May Become Primary Mode for Offering Financial Services, Says Malaysia’s Central Bank Asst Governor

The road Is “wide open” for Fintech as It may become primary mode for offering financial services, says Malaysia’s Central Bank Asst Governor.

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Posted on December 5, 2020

Anwar: Malaysia’s Fitch Ratings downgrade shows urgent need for reforms, transparency from government

Stressing the need for a Covid-19 pandemic exit plan for Malaysia shaped by clear governance and an inviting investment-friendly environment, Anwar claimed that the finance minister had not managed to …

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Posted on December 5, 2020

Govt should address key concerns that led to Malaysia’s downrating by Fitch, says Anwar

The government should address the key concerns that led to Malaysia’s sovereign credit rating being downgraded by Fitch Ratings, says Datuk Seri Anwar Ibrahim.

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Posted on December 5, 2020

Anwar: Zafrul failed to address Fitch’s concerns behind Malaysia’s downgrade

Finance Minister Tengku Zafrul Abdul Aziz has failed to address the root cause behind Fitch Ratings’ decision to downgrade Malaysia’s long-term foreign-currency issuer default rating from “A-” to …

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Posted on December 5, 2020

Sony to shut a Malaysia factory, consolidate facilities

Sony Corp will close a factory in Malaysia next year to consolidate its operations in its other plant in the state for efficiency, the Japanese electronics giant said on Saturday. The company told …

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Posted on December 5, 2020

Widad Group accepts RM21.38 million tender from Marine Department Malaysia

KUALA LUMPUR: Widad Group Bhd (WGB) via its wholly-owned subsidiary, Widad Builders Sdn Bhd (WBSB), has accepted a tender worth RM21.38 million from Marine Department Malaysia (MDM.

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