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Tag: Malaysia

Posted on October 24, 2020

Why Malaysia needs a ‘confidence and supply’ government, not a state of emergency

When Malaysia’s Prime Minister Muhyiddin Yassin went on Friday to seek an audience with Sultan Abdullah Sultan Ahmad Shah, the nation’s king, he was expected to announce the proclamation of a state of …

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Posted on October 23, 2020

Malaysia Airports: Recovery Could Take A Longer Time

It was no surprise that Malaysia Airports remained loss-making in 2Q 2020, and the outlook for 2H 2020 is bleak considering the latest passenger traffic data.

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Posted on October 23, 2020

Anwar warns Malaysia PM seeks emergency law to keep power

Malaysian opposition leader Anwar Ibrahim says he is concerned about reports that the prime minister is seeking a state of emergency to suspend Parliament and stymie bids to oust his government …

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Posted on October 23, 2020

Goldman to pay $3 billion fine following Malaysia bribe probe

Claw-back drama for old bonuses to top bank execs includes former CEO Lloyd Blankfein and reportedly Gary Cohn.

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Posted on October 23, 2020

Analysts mixed on Bursa Malaysia valuation

KUALA LUMPUR (Oct 23): Bursa Malaysia Bhd, which has an unprecedented earnings run due to historic highs in equity trading activities arising from pandemic circumstances, has received mixed views from …

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Posted on October 23, 2020

Hong Kong fines Goldman Sachs record $350 million over 1MDB failings

Hong Kong’s markets watchdog on Thursday fined Goldman Sachs’s Asian business $350 million for its role in Malaysia’s multibillion-dollar 1MDB scandal, the largest single fine ever levied by the …

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Posted on October 23, 2020

Goldman Sachs Malaysia Subsidiary Pleads Guilty in 1MDB Case

A unit of Goldman Sachs pleaded guilty to conspiring to violate U.S. antibribery laws, the first step in an expected resolution of a long-running investigation into its role in a Malaysian corruption …

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Posted on October 23, 2020

Goldman fined £2.2bn in 1MDB Malaysia fraud scandal

Goldman bankers were accused of helping playboy financier Jho Low (pictured with musician Alicia Keys) funnel billions of dollars out of Malaysia’s state-owned 1MDB redevelopment fund.

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Posted on October 23, 2020

Malaysia an attractive market for e-commerce in Southeast Asia — survey

KUALA LUMPUR (Oct 23): Malaysia, with its population of about 30 million people, is an attractive market for e-commerce in Southeast Asia due to its rapid economic growth and advanced digital …

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Posted on October 23, 2020

Analysis: Can Malaysia maintain a competitive edge in attracting foreign firms?

Additionally, to drive Malaysia’s position as the heart of Digital ASEAN, MDEC and Huawei tied up in July to spearhead this initiative and share best practices, with Huawei taking the lead in …

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