Malaysia's 1MDB says not contacted by foreign legal authorities
www.businesstimes.com.sg

[KUALA LUMPUR] Malaysia's state-owned fund 1Malaysia Development Berhad (1MDB) said on Saturday it has not been contacted by foreign legal authorities on any matters relating to the company. 1MDB's comments came in response to a statement by …

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Why Malaysia's 1MDB scandal is denting growth
www.cnbc.com

"Just as it appeared that the long-running scandal over state investment company 1MDB had been satisfactorily resolved, the issue has reignited with an appeal against the ruling exonerating the prime minister," Christine Shields, lead economist at …

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Malaysia's Axiata, Indian Bharti Artel merge units in Bangladesh
www.thestar.com.my

In a filing with Bursa Malaysia yesterday, Axiata said the agreement followed the announcement on Sept 9, 2015, whereby both parties would enter into an exclusive discussion to explore possibility of combining the business operations in Bangladesh.

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NAJIB MOCKED AROUND THE WORLD: MALAYSIA'S UTTERLY BONKERS CORRUPTION SCANDAL …
www.malaysia-chronicle.com

The story begins in 2009, with a sovereign wealth in Malaysia fund called 1Malaysia Development Berhad (1MDB). Najib, who had just taken office as prime minister, created the fund to "borrow money so it could attract investment and stimulate Malaysia's …

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The falsity of Malaysia's Opposition front
www.freemalaysiatoday.com

Today, Pemuda Umno institutionally operates to value the diverse opinions that reflect the deeply-layered perceptions that make Malaysia. In this tech-savvy society, no political party can operate if it excludes one or any groups. With social media the speaker …

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Malaysia's utterly bonkers corruption scandal, explained
www.vox.com

But while 1MDB was good at borrowing money, it wasn't so good at actually investing it. According to the Journal (the outlet that has broken almost all of the big news on 1MDB), "some of its projects, including plans to develop oil fields overseas and …

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Malaysia's senate approves motion to ink TPPA
www.newsfultoncounty.com

In winding up Thursday's meeting, Mohamed said the TPP would be essential to maintain Malaysia's economic growth, as a trade-reliant economy. He said the pact would liberalise all 12 member markets and allow Malaysian corporations to set up business …

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Will Rayani Air contradict Malaysia's cosmopolitan image?
www.marketing-interactive.com

The Malaysian aviation industry has in recent times gotten a fair bit of press. While still recovering from the shocks of MH370, MH17 and AirAsia Flight 8501 tragedies, the country has decided to embrace another new airline called Rayani Air. Unlike …

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Najib damaging Malaysia's rep, says Financial Times
www.themalaysianinsider.com

“Najib and 1MDB, the state fund with which Goldman Sachs worked, deny they are guilty of any crimes.” FT said the financial dealings of 1Malaysia Development Berhad (1MDB) were pivotal to the country's future. “At stake is whether one of Southeast Asia …

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Malaysia's top lawyer rejected advice to charge PM – source
news.trust.org

KUALA LUMPUR, Jan 28 (Reuters) – Malaysia's anti-graft agency had recommended that Prime Minister Najib Razak be charged with criminal misappropriation, a source said, amid growing outrage after the premier was cleared of any offences in a …

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Mier forecasts Malaysia's GDP growth at 4.7% for 2016
www.thestar.com.my

“Our economic condition is very much affected by short term stabilisation issues regarding confidence and sentiment in the economy, but the long term structure remains sustainable,” he told reporters at a briefing on Malaysia's economic outlook for the …

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BANKRUPTCY NO LONGER IMPOSSIBLE: Malaysia's income options shrink with oil …
www.malaysia-chronicle.com

Its director Datuk Dr Zakariah Abdul Rashid said the protracted oil price crisis coincidentally made the Goods and Services Tax (GST) a crucial revenue source but the Najib administration had already indicated its unwillingness to raise the levy …

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Malaysian astronaut starts Aladdin, Malaysia's halal competitor to Amazon and …
www.themalaymailonline.com

—Picture by Yusof Mat IsaKUALA LUMPUR, Jan 27 — Malaysia's first and only astronaut to date, Datuk Dr Sheikh Muszaphar Shukor announced today his venture into e-commerce with the Aladdin Group of Companies, which he believes can be a halal rival to …

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Saudi scandal no match for Malaysia's economic risk to Najib
www.theedgemarkets.com

KUALA LUMPUR (Jan 27): Malaysian Prime Minister Najib Razak has so far weathered a scandal over a murky US$681 million “personal donation” from the Saudi royal family, as he turns his focus to a potentially bigger threat to his hold on power — the …

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Malaysia's PICB's German unit looks at 'strategic options'
www.thestar.com.my

PETALING JAYA: Pelikan AG, the German-listed unit of stationery manufacturer Pelikan International Corp Bhd (PICB), has appointed investment bank BNP Paribas to look at “strategic options” for the company. Pelikan AG, which is listed on the Frankfurt …

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