News about Malaysia

KUALA LUMPUR (Jan 9): Former member of disbanded American hip hop group Fugees, Pras Michel, has challenged a seizure by the US government of US$37.

KUALA LUMPUR (Jan 9): Fugitive businessperson Low Taek Jho, also known as Jho Low, has dismissed a Wall Street Journal (WSJ) report claiming that he had a role in facilitating deals with China to bail out 1MDB in 2016 in exchange for lucrative contracts.

PETALING JAYA (Jan 9): Take charge of the wellness of your home this year and fill it with positive energy with easy-to-follow feng shui ideas and inspirations from renowned feng shui consultant, speaker and author Datuk Joey Yap! Through a first-of-its-kind strategic collaboration, Nippon Paint Malaysia Group is partnering Yap to offer feng shui tips through a series of six video episodes in conjunction with the upcoming Chinese New Year celebrations, the coating solutions provider said in a press release.

KUALA LUMPUR (Jan 9): Malaysia Airports Holdings Bhd (MAHB) said it is aware that a swarm of bees has congregated at Bay Q4 of klia2, but stressed that such sights are pretty common and that the insects usually pose no harm to anyone.

KUALA LUMPUR (Jan 9): Former prime minister Datuk Seri Najib Razak and Chinese officials have denied a news report claiming that Beijing had in 2016 offered to help bail out 1Malaysia Development Bhd (1MDB) in exchange for lucrative contracts.

PETALING JAYA (Jan 8): Greater Kuala Lumpur could become the biggest office space market in the Asean region this year, according to property consultancy Savills Malaysia.

  In response to the Wall Street Report that alleged former prime minister Najib Razak had signed major deals with China in return for a bailout for 1MDB debts and investigations from a number of countries, Finance Minister Lim Guan Eng said that the government will examine China-linked projects more closely for elements of corruption.

  The Malaysian government was in the midst of a swelling, multibillion-dollar graft scandal in 2016, when Senior Chinese leaders offered to help bail them out, according to minutes from previously undisclosed meetings, cited by The Wall Street Journal (WSJ).

  Part 1 of this article can be found here.

There seems to have been an increase in the number of opinion pieces and articles prognosticating a gloomy future for the Malaysian economy in 2019.