Fitch expects Malaysian govt debt limit to be raised to 70% of GDP by next election in 2023
KUALA LUMPUR (Nov 10): Fitch Solutions Country Risk and Industry Research is forecasting Malaysia’s 2022 fiscal deficit to come in at 6.
KUALA LUMPUR (Nov 10): Fitch Solutions Country Risk and Industry Research is forecasting Malaysia’s 2022 fiscal deficit to come in at 6.
KUALA LUMPUR (Nov 8): A renowned Lebanese jeweller has physically inspected close to 12,000 pieces of jewellery that were among the assets seized during a police raid of two luxury condominium units in Pavilion residences, Bukit Bintang in May 2018.
KUALA LUMPUR (Nov 8): Malaysia and Singapore will launch a vaccinated travel lane (VTL) between the Kuala Lumpur International Airport (KLIA) and Changi Airport on Nov 29, according to a joint press statement by the leaders of the two countries.
KUALA LUMPUR (Nov 8): The Malaysian government has successfully recovered almost half of the more than RM31 million worth of assets it had seized or froze from 18 different persons in relation to 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR (Nov 8): The prosecution has failed to forfeit seized assets of Datuk Seri Najib Razak and his family, with the court saying that there were no credible attempts made to show that the properties seized were bought using monies in the former prime minister's accounts.
KUALA LUMPUR (Nov 8): The High Court has decided in favour of Roger Ng Chong Hwa and his wife Lim Hwee Bin in the forfeiture action by the government, as the prosecutor did not provide any proof how several bank accounts of the respondents were related to or used for the commission of unlawful activities.
PUTRAJAYA (Nov 8): Former Federal Court judge Datuk Seri Gopal Sri Ram can continue to lead the prosecution in 1Malaysia Development Bhd (1MDB) cases against former prime minister Datuk Seri Najib Razak and lawyer Tan Sri Muhammad Shafee Abdullah as a senior deputy public prosecutor (DPP), according to the appellate court.
KUALA LUMPUR (Nov 7): The administrator of Malaysia's Covid-19-driven MySejahtera mobile application to assist in the monitoring of the outbreak in the country on Sunday apologised for errors which allowed random users to be given home surveillance order (HSO) and person under surveillance (PUS) statuses.
KUALA LUMPUR (Nov 4): Johor Corp Bhd (JCorp), the state-controlled investment arm of Johor, has extended the closing date of its unconditional mandatory take-over offer for Damansara Holdings Bhd from Nov 8 to Nov 22, to allow more time for shareholders to accept its offer, according to a bourse filing on Wednesday.
KUALA LUMPUR (Nov 4): Fitch Solutions, the research unit of Fitch Group, is expecting Bank Negara Malaysia to raise the overnight policy rate (OPR) by 50 basis points (bps) to 2.