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Posted on December 15, 2020

Finance Minister: Ringgit, stock market unaffected by country’s Fitch Ratings downgrade

KUALA LUMPUR: There was no “knee-jerk” reaction from the stock market despite Fitch Rating’s downgrading Malaysia’s sovereign debt rating, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

( read original story …)



Posted on December 15, 2020

S’pore, Malaysia still in talks over High-Speed Rail project as deadline approaches

Singapore and Malaysia are still in discussions over the twice-delayed high-speed rail (HSR) project, which has until Dec 31 before officials have to make a final decision on its status, a Singapore …

( read original story …)



Posted on December 15, 2020

Malaysia Stock Market May Extend Monday’s Losses

Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net (RTTNews) – The Malaysia stock market on Monday halted the five-day winning streak in which it had spiked almost 65 points …

( read original story …)



Posted on December 15, 2020

1MDB Scandal Casts Pall Over Indonesia’s Wealth Fund Ambitions

Indonesia will need to step out of the shadows of neighboring Malaysia’s 1MDB scandal to convince investors that its new wealth fund won’t fall prey to corruption.

( read original story …)



Posted on December 15, 2020

Edtech Solution Platform Camu Moves Head Office From Chennai To Singapore

The move has been made after witnessing an unprecedented traction in the ASEAN markets such as Singapore, Philippines, Malaysia, Indonesia and Brunei …

( read original story …)



Posted on December 14, 2020

Lockdown on Malaysia’s Top Glove facilities lifted as first worker death reported

Malaysian authorities lifted a month-long lockdown on dormitories housing Top Glove Corp workers on Monday, even as the firm reported the first death among its employees from COVID-19.

( read original story …)



Posted on December 14, 2020

Penjana Kapital’s success to have a trickle down effect on Malaysia’s VC ecosystem – Tengku Zafrul

Penjana Kapital has attracted eight foreign VC managers, namely from the United States, South Korea, China, Indonesia and Singapore.

( read original story …)



Posted on December 14, 2020

Coronavirus Malaysia: Top Glove put profits before people, say migrant workers

As Top Glove confirmed a worker had died of Covid-19, a whistle-blower who was fired for sharing photos about factory conditions said he was concerned distancing was not enforced.

( read original story …)



Posted on December 14, 2020

World’s top glove maker says Malaysia worker died from COVID-19

More than 5,000 of Top Glove’s Malaysia workers have tested positive for the coronavirus, the country’s biggest cluster.

( read original story …)



Posted on December 14, 2020

Ongoing recovery China to lift Malaysia’s industrial production: Moody’s

The ongoing recovery in Chinaʼs production will help moderate the decline in Malaysiaʼs industrial production in the near future, Moody’s Analytics economist Denise Cheok said.

( read original story …)



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