Goldman Sachs has paid Malaysia $2.5 billion as part of a settlement over the US investment bank’s role in the multi-billion-dollar 1MDB scandal, officials said Friday. The agreement, which has a …
Warisan govt committed to conservation efforts as proposed by WWF Malaysia
KOTA KINABALU: The Parti Warisan Sabah (Warisan)-led government has been focusing on environmental issues since it took over the administration in 2018.
Goldman Sachs pays off $2.5b to Malaysia to settle 1MDB scandal
The payment is part of an agreement Goldman Sachs reached with Malaysia to pay $2.5 billion in cash and guarantee the 1MDB assets seized around the wor …
International Islamic Trade Finance Corporation supports Uzbekistan in combating COVID-19
State Statistics Committee discloses data on export of oil products from Azerbaijan to Malaysia Oil&Gas 27 August 20:40 Israel’s import of oil and oil products from Azerbaijan down Oil&Gas 27 August …
Malaysia’s exports expected to moderately decline in 2020
Malaysia’s exports are expected to moderately decline by 3.5% this year compared with a growth of 1.7% (worth RM986.38bil) in 2019, said the Malaysia External Trade Development Corp (Matrade). Chief …
Nothing wrong with ‘direct negotiation’ contracts: Malaysia’s finance chief
Malaysia’s Finance Minister Tengku Zafrul Aziz yesterday said there is nothing wrong with conducting direct negotiations, backtracking from accusing the previous Pakatan Harapan (PH) government just …
Genting Malaysia in the red for second quarter
PETALING JAYA: Genting Malaysia Bhd (GenM) recorded a net loss of RM900.42 million for the second quarter ended June 30, from a net profit of …
Malaysia to keep border shut, says senior and defence minister
Closed since March, Malaysia’s border will not reopen after the country’s current Covid-19 (coronavirus)-related curbs end on Aug 31, the country’s top security official said on Thursday.
Malaysia’s Maybank Q2 profit drops 52%
Malayan Banking Bhd MBBM.KL (Maybank), Malaysia’s largest lender by asset, reported a 51.5% fall in second-quarter profit as incomes shrunk and im …
Malaysia’s AirAsia X seeks creditor help
AirAsia X needs creditors’ support to ride out the coronavirus crisis, the Malaysian long-haul budget airline said on Wednesday, as it posted a quarterly loss and revenue plunge. Francis Maguire …