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Tag: Malaysia

Posted on January 29, 2021

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 …

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Posted on January 29, 2021

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 …

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Posted on January 28, 2021

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 …

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Posted on January 28, 2021

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 …

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Posted on January 28, 2021

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.

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Posted on January 28, 2021

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 …

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Posted on January 28, 2021

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 …

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Posted on January 28, 2021

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 …

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Posted on January 28, 2021

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 …

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Posted on January 28, 2021

Goldman chief David Solomon faces the music over Malaysia corruption scandal – and takes a £7.3m pay cut

Sol’, was not ‘involved in any illicit activity at the time’ when Goldman helped to milk billions from the 1MDB fund meant for Malaysia’s development.

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