Najib, China reject 1MDB bailout offer claim

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.

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Mild recovery in Malaysia’s property market this year?

  KUALA LUMPUR (Jan 8): Investor confidence in the Malaysian property market has showed some positive signs as the new government starts to provide more clarity and certainty in its fiscal policies, according to real estate consultancy Knight Frank Malaysia.

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Putrajaya responds to WSJ exposé on 1MDB-China links

  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.

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Najib slams MRB chairman over warning to EPF on land issue

KUALA LUMPUR (Jan 8): Former premier Datuk Seri Najib Razak has chided Malaysian Rubber Board (MRB) chairman Sankara N Nair for taking the Employees Provident Fund (EPF) to task after the fund claimed innocence over a land sale which allegedly caused losses of nearly RM800 million to the MRB.

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