Things have gone from bad to worse for Malaysian stocks in the new year as the nation’s struggle to stem a surge in Covid infections deepens concerns about its economic revival.
Improper mask use a factor in Malaysia’s virus surge: Experts
PETALING JAYA • Not wearing face masks properly and poor compliance with physical distancing rules are contributing to the high number of Covid-19 cases in Malaysia, said health experts.. Read more at …
Moody’s maintains Malaysia’s rating
Moody’s Investors Service’s move to affirm Malaysia’s A3 rating is testimony to the government’s strong fiscal discipline and robust medium-term growth prospects amid the Covid-19 pandemic, Tengku …
In Malaysia, cancellation of Hindu holiday stokes minorities’ concerns
The cancellation of a public holiday for a Hindu festival in Malaysia’s Kedah state along with the country’s de facto Religious Affairs Ministry recently signalling that the country’s sharia law …
Malaysia’s 2021 fiscal decifit expected to ease to 5.5 pct of GDP — Moody’s
Moody’s expects Malaysia’s fiscal deficit to narrow to around 5.5 per cent of gross domestic product (GDP) in 2021 from 6.0 per cent in 2020. Moody’s said given the government’s expressed objective to …
Taiwanese allegedly behind international scam arrested in Malaysia
The alleged mastermind of an international ‘Macau scam’, who is wanted in Taiwan, has been arrested in Ampang district in Selangor.. Read more at straitstimes.com.
Moody’s expects Malaysia’s real GDP to rebound 6.0 pct in 2021
Moody’s Investors Service expects Malaysia’s real gross domestic product (GDP) growth to rebound by six per cent in 2021 following a sharp contraction last year. “This is in part driven by base …
Malaysia remains a competitive investment destination
Malaysia continues to be a competitive investment destination despite the global uncertainties, with US$26.4bil investments being approved in the first nine months of 2020, according to the Malaysian …
Malaysia based P2P Supply Chain Financing Platform, CapBay, Secures $20M with KK Fund as Returning Investor
Other Malaysia-based investors in CapBay’s round include several angel investors with experience in finance, tech, and early-stage or startup ventures. CapBay stated that the funds raised would be …
International Macau scam mastermind nabbed in KL
The mastermind of an international Macau scam, who is wanted in Taiwan, has been arrested in Ampang. The 39-year-old Taiwanese man, identified as Wei Kuo-Chun, was detained by Malaysian police and …