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Tag: Malaysia

Posted on November 17, 2020

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 …

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Posted on November 17, 2020

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 …

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Posted on November 17, 2020

EMERGING MARKETS-Singapore, Indonesia stocks lead modest Asian gains on vaccine news

Singapore, Indonesia up around 1% * Rupiah rises ahead of central bank meeting on Thursday * Top Glove slides 10%, weighing on Malaysian shares Nov 17 (Reuters) – Singapore and Indonesia climbed …

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Posted on November 17, 2020

Malaysia’s Top Glove shares dive over COVID curbs at worker dorms

Shares in Top Glove Corp Bhd fell 10% on Tuesday after Malaysia tightened movement curbs in an area where the company’s dormitories are located to enable targeted coronavirus screenings of workers and …

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Posted on November 17, 2020

How 1MDB fugitive Jho Low tried to bargain for his freedom

In a series of conversations, the so-called mastermind behind the Malaysian financial scandal tries to avoid justice.

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Posted on November 17, 2020

How 1MDB fugitive Jho Low tried to bargain for his freedom

In a series of conversations, the so-called mastermind behind the Malaysian financial scandal tries to avoid justice.

( read original story …)



Posted on November 16, 2020

Macau Scams: Msians duped out of RM256 million this year

MELAKA: The Royal Malaysia Police (PDRM) recorded 5,218 Macau Scam cases nationwide between January and October this year, involving estimated losses of over RM256 million. Bukit Aman Commercial Crime …

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Posted on November 16, 2020

Economic Report: Malaysia’s economy to grow 6.5% to 7.5% in 2021 after contracting 4.5% in 2020

MALAYSIA’s gross domestic product (GDP … according to the Ministry of Finance’s (MoF) Economic Outlook 2021 report released last week. However, the report pointed out that the upbeat outlook hinges …

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Posted on November 16, 2020

The State of the Nation/Economic Report: Why Malaysia’s debt burden is still above RM1 trillion

Malaysia Rail Link Sdn Bhd, the project and asset owner of … estimated at RM119 billion); RM49.5 billion in private finance initiatives (PFIs) and RM4.8 billion in liabilities under PBLT Sdn Bhd, …

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Posted on November 16, 2020

Genting Singapore looks to locals in recovery plan

Genting Singapore, a subsidiary of the Malaysian conglomerate, is looking to attract local trade to its integrated resort as novel coronavirus (Covid-19) continues to limit international visitation to …

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