Malaysia’s AG says Goldman broke laws at the heart of capital markets
KUALA LUMPUR (Dec 17): Malaysia’s Attorney-General Tommy Thomas said criminal charges were filed against Goldman Sachs and others today as they had broken laws that were “at the heart of the capital markets”, when they sold three bonds totalling US$6.
Malaysia's cost of living rises but still has some of the cheapest locations for expats
SINGAPORE (Dec 17): Although Malaysian cities have seen a significant rise in the rankings for cost of living for expatriate workers, they remain the cheapest locations in Asia for expats, according to the latest Cost of Living survey by ECA International.
Malaysia files criminal charges against Goldman Sachs over 1MDB
KUALA LUMPUR (Dec 17): Malaysia on Monday filed criminal charges against three subsidiaries of Goldman Sachs Inc over their handling of bonds totalling US$6.
Putrajaya: Consultant to study toll concessions to be appointed next month
KUALA LUMPUR (Dec 17): The government will appoint an independent consultant by next month to study toll concessions in the country, The Sun reported today The consultant will also “help look for ways to reduce” the toll burden on citizens.
Agencies told to work together to maintain drainage system, prevent floods in Pahang
KUANTAN (Dec 17): The could have been a “failure in coordination between the local authorities and the Irrigation and Drainage Department” as “the same old problems” of flood are occurring in Pahang, said state Local Government and Housing Committee chairman Abd Rahim Muda.
Malaysian Hindu Sangam: Unfair to take back land given by Selangor govt for temple
PETALING JAYA (Dec 17): The Malaysian Hindu Sangam (MHS) said that even though it welcomed Attorney-General’s recommendation on the USJ25 Seafield Sri Maha Mariamman (pictured) temple issue, it, however, felt that it was unfair for the Selangor government to take back the 0.
PNB and EPF buys Battersea Power Station phase 2 for RM8.35bn base consideration
PETALING JAYA (Dec 17): Battersea Phase 2 Holding Company Ltd (Battersea Phase 2 Holdco) and PNB-Kwasa International 2 Ltd has inked a sale and purchase agreement to acquire Phase 2 of the Battersea Power Station commercial assets last Friday for a base consideration of £1.
The bank that helps rich kids buy London homes
LONDON (Dec 17): The pricey property market of London has caused even the children of the wealthy to need financial help.
