Malaysia’s balance of payments in current account surplus for 2014 widened to RM49.5 billion from RM39.9 billion in 2013, the Department of Statistics said today. M'sia's balance of payments widens to RM49.5 bilwww.kinibiz.comMalaysia's balance of payments in current account surplus f …
Read More »CIMB Group Holdings Bhd, Malaysia’s second-biggest lender by assets, said today…
CIMB Group Holdings Bhd, Malaysia’s second-biggest lender by assets, said today it was closing its investment banking operations in Australia following a review of its entire business: http://goo.gl/tRXtxR On Friday, CIMB said it was looking to cut costs in the investment banking and equities segmen …
Read More »There will not be any systemic threat to Malaysia’s banking system even if 1MDB…
There will not be any systemic threat to Malaysia’s banking system even if 1MDB defaults on its loan as local banks’ exposure to the state wealth fund is collateralised, Moody’s Investors Service said. 1MDB no threat to banking system, says Moody'swww.kinibiz.comThere will not be any systemic t …
Read More »FREE: Malaysia’s default risk is heading for the longest rising streak in a year…
FREE: Malaysia’s default risk is heading for the longest rising streak in a year after Prime Minister Najib Abdul Razak said sliding oil prices mean the government will miss deficit and growth targets. M'sia default risk heads for longest rising streak in a yearwww.kinibiz.comMalaysia’s default …
Read More »Malaysia’s foreign exchange reserves dropped to the lowest level since March 201…
Malaysia’s foreign exchange reserves dropped to the lowest level since March 2011, a sign the central bank may have intervened to stem a slide in Southeast Asia’s worst-performing currency. Ringgit heads for Asia’s worst weekly losswww.kinibiz.comThe ringgit fell 1% this week to 3.5535 a US dollar a …
Read More »Malaysia’s banks are charging one another the most to borrow in six years amid a…
Malaysia’s banks are charging one another the most to borrow in six years amid an oil price slump, a falling ringgit, and default concerns dent confidence. 1MDB woes worsen banks' cash squeeze in M'siawww.kinibiz.comThe extra yield investors demand to hold Malaysia’s 10-year bonds over US …
Read More »Malaysia’s ringgit fell to the lowest level in more than five years as a slump i…
Malaysia’s ringgit fell to the lowest level in more than five years as a slump in crude prices damped the net oil exporter’s economic outlook. Ringgit plunges to new 5-year low amid oil slumpwww.kinibiz.comMalaysia’s ringgit fell to the lowest level in more than five years as a slump in crude prices …
Read More »Malaysia’s largest cinema operator Golden Screen Cinemas (GSC) will not offset a…
Malaysia’s largest cinema operator Golden Screen Cinemas (GSC) will not offset any rise in ticket prices due to the goods and services tax (GST) next April. Cinema-goers will face taxes of 31 percent of ticket prices with the introduction of the six percent GST, which is levied on top of the 25 perc …
Read More »Video | KiniTV In a bid to draw public attention to Malaysia’s nuclear policy, a…
Video | KiniTV In a bid to draw public attention to Malaysia’s nuclear policy, a group of anti-nuclear activists went on a walkabout in several areas in Kuala Lumpur, dressed in all-white suits. Calling themselves the ‘Atomic Men’, activists from the Anak Malaysia Anti Nuklear (AMAN) group walked ar …
Read More »FREE: It doesn’t bode well when Malaysia’s main selling point as an investment d…
FREE: It doesn’t bode well when Malaysia’s main selling point as an investment destination is the promise of a decade-long tax holiday. A 10-year tax break is a holiday too longwww.kinibiz.comWe sell ourselves short when the reason why foreign investors decide on Malaysia is to kick back and enjoy a …
Read More »Extremely concerned with Malaysia’s possible role in a brutal Central Intelligen…
Extremely concerned with Malaysia’s possible role in a brutal Central Intelligence Agency (CIA) programme, Lawyers for Liberty (LFL) today called on the government to disclose any “rendition process” that has taken place: http://www.malaysiakini.com/news/283118 LFL executive director Eric Paulsen sa …
Read More »A planned US$790 million investment by Malaysia’s IOI Properties for a 37 percen…
A planned US$ 790 million investment by Malaysia’s IOI Properties for a 37 percent stake in the owner of the Taipei 101 skyscraper ran into trouble after the Taiwan government said yesterday it was opposed to foreign control of the landmark: http://www.malaysiakini.com/news/282931 IOI had said on Fr …
Read More »Malaysia’s score for internet freedom has improved despite a decline in overall…
Malaysia’s score for internet freedom has improved despite a decline in overall global rankings, moving from 'not free' to 'partly free', said Freedom House in a report today: http://www.malaysiakini.com/news/282610 The ‘Freedom On The Net 2014’ report stated that Malaysia’s posi …
Read More »Video | KiniTV: Malaysia’s ranking on the Corruption Perception Index (CPI) had…
Video | KiniTV: Malaysia’s ranking on the Corruption Perception Index (CPI) had improved by three places this year, Transparency International-Malaysia (TI-M) announced today. Malaysia's ranking on graft index improves slightlywww.kinitv.comKiniNews: Malaysia’s ranking on the Corruption Percept …
Read More »Video | KiniTV: Malaysia’s aim of becoming a high income nation will be meaningl…
Video | KiniTV: Malaysia’s aim of becoming a high income nation will be meaningless if high levels of income disparity persist said former finance minister Daim Zainuddin. 'Meaningless to be high income nation with income disparity'www.kinitv.comKiniNews: Malaysia’s aim of becoming a high …
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