KUALA LUMPUR, Nov 18 (Reuters) – Permodalan Nasional Bhd (PNB), one of Malaysia’s largest fund managers, said late Tuesday it will sell its entire 56.3% stake in Chemical Company of Malaysia Bhd (CCM) …
Malaysia’s Najib seeks to depose Goldman Sachs, ex-banker in 1MDB defence
Former Malaysian prime minister Najib Razak asked a U.S. court on Tuesday for permission to seek documents and testimony from investment bank Goldman Sachs to help in his defence against criminal …
Did a Belt and Road project in Malaysia just crash and burn?
The government of the Malaysian state of Melaka has terminated an agreement with the main developer of a Belt and Road Initiative infrastructure project after years of delays, raising questions about …
Jho Low hiding in Macau since 2018 – Media
Macau, MNA | The alleged mentor of the 1MDB multimillion-dollar embezzlement case, which led to the sentencing of the former Malaysian Prime Minister, has been hiding in Macau since 2018 on the …
Jho Low hiding in Macau since 2018 – Media
Macau, MNA | The alleged mentor of the 1MDB multimillion-dollar embezzlement case, which led to the sentencing of the former Malaysian Prime Minister, has been hiding in Macau since 2018 on the …
Malaysia reports 1,210 more COVID-19 cases, 5 new deaths
(Xinhua) — Malaysia reported 1,210 new COVID-19 infections, the Health Ministry said on Tuesday, bringing the national total to 49,730. Health Ministry Director-General Noor Hisham Abdullah said in a …
Malaysia: GDP forecast to contract 5.5% in 2020 – UOB
UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed the latest GDP figures in the Malaysian economy. Key Quotes “Real GDP contraction narrowed to a lo …
Malaysia’s FGV says crude palm oil output to worsen in Q4
The world’s largest producer of crude palm oil, Malaysia’s FGV Holdings Bhd (FGV) FGVH.KL, warned on Tuesday that its fourth-quarter output would be hit by uncertainties over the weather and curbs to …
Malaysia: Biggest, brightest but besotted Budget
the Malaysian Finance Minister was largely indifferent to that issue and concentrating on convincing his audience that Malaysia had the real resolve to overcome its current adversities. The Budget has …
Malaysia funds hit by wrangling
Malaysia’s Finance Minister Zafrul Aziz presents the 2021 budget in parliament in Kuala Lumpur on Nov 6. KHIRUL NIZAM ZANIL/REUTERS The government of Malaysian Prime Minister Muhyiddin Yassin faces a …