Fitch warned “cost synergies will exist but may be challenging to extract in the short term; and the merger could weaken capital buffers for CIMB if not funded by sufficient new equity.” CIMB-RHB-MBSB mega merger risky, says Fitch Cost synergies exist but may be challenging to extract in the short t …

Singapore’s GDP shrank by 0.8 percent in the second quarter on a seasonally adjusted and annualised basis Singapore GDP shrinks in 2Q, first fall in 7 quarters Singapore’s economy contracted in April-June for the first time in seven quarters, hit by a sharp drop in manufacturing activity, but econom …

FREE: Brazil has a bit of growing up to do when it comes to soccer. It no longer has players of the calibre of its wonder years from the 1960s to the early 1980s. For years, its national teams have been successful, but not as dominant as they once were. In that sense, the expectations had gotten out …

FREE: Germans are meticulous in most things they do, so they have a training program for bureaucrats who want to win EU posts. That’s how they won at the World Cup, too, patiently building up a training and management system that eventually bore fruit. Germans, new masters of the worldwww.kinibiz.co …

FREE: 1MDB has engaged the services of US law firm Baker & McKenzie for an upcoming initial public offering of its power generation assets, UK industry publication Legal Week reported. Baker & McKenzie is legal advisor to 1MDB’s power IPOwww.kinibiz.comForeign lawyers have been allowed to pr …

FREE: The scheme essentially exempts homebuyers from paying interest on their mortgage while their purchased home is under construction as the interest costs — claimed to be borne by the developer — had actually been priced into the home sale price. Bring back DIBS? No, thank youwww.kini …

KOTA KINABALU, July 14 (Bernama) — A marine policeman who was abducted by a group of armed men while his colleague was shot dead at a resort in Pulau Mabul on Saturday night, is believed to be alive and held at an unknown location. Inspector-General of Police (IGP) Tan Sri Khalid Abu Bakar sai …

Although, we stand 18 months away from the AEC and tariffs have been going down sharply, intra-Asean trade has stagnated at about 25% of total Asean trade since 2003, says Nazir Razak Non-tariff barriers remain biggest impediment for AEC CIMB Group’s Group CEO Nazir Razak has lambasted Asean member …

Don't cry for me Argentina, croons Bung Bung Moktar Radin has decided to be more cautious this time around in lauding Germany's triumph at the World Cup. "Don't cry for me Argentina… Hai… Germany," he tweeted, referring to the famous song from the 1978 musical Ev …

KOTA KINABALU, July 14 (Bernama) — A total of 52,930 heads of households (KIR) have registered with e-Kasih in Sabah up to July 3, this year, said Sabah Minister of Rural Development Datuk Radin Malleh. Replying to a question from Datuk Abdul Rahim Ismail (BN-Pantai Manis) at the State Legisla …

#PrayForGaza. Pray for peace.

Video | KiniTV Pakatan Rakyat called on the government today to organise a special sitting of Parliament to discuss the attacks on Palestine. It wants the government to take firm action against the United States, which is seen as a strong supporter of Israel, particularly by rejecting the Trans Paci …

Pakatan wants Parliament sitting on Palestine attacks Pakatan Rakyat called on the government today to organise a special sitting of Parliament to discuss the attacks on Palestine. “A special sitting of Parliament should be held in order to discuss the attacks on Palestine, carried out since January …

Shoutout! | Meet the Turtle Guardians – a team led by WWF-Malaysia’s field biologists who patrol our beaches to save Malaysia's turtles during nesting seasons. Help fund raise for them online so that they can get the equipment they need to carry out their crucial work, and stand a chance …

PUTRAJAYA, July 14 (Bernama) — Deputy Prime Minister Tan Sri Muhyiddin Yassin Monday received courtesy calls from five Malaysian ambassadors-designate at his office at Bangunan Perdana Putra here. They were Datuk Syed Sultan Mohd Idris who would serve in Ireland, Datuk Mohd Ashri Muda (Argenti …