Goldman, Malaysia sign off on $3.9 bn 1MDB settlement
Goldman Sachs and Malaysia have signed an agreement finalising the US bank’s $3.9 billion settlement over the 1MDB scandal, allowing for its implementation.
Malaysia’s Q2 GDP contracts 17.1 per cent, worst performance since Asian financial crisis
Malaysia’s gross domestic product (GDP) contracted 17.1 per cent year-on-year in the second quarter of 2020, compared to a marginal growth of 0.7 per cent in the first quarter, Bank Negara and the Department of Statistics announced on Friday (Aug 14).
The former Malaysian workers in Singapore caught in limbo in Johor
“I have been working in Singapore for 17 years, but now I cannot go in … selling durian is the only way I can earn money for now.” A man selling the fruit in a carpark in Gelang Patah told me.
Letters | Who wins and loses after Najib’s conviction in Malaysia’s IMDB corruption trial?
Najib and Umno are the biggest losers, risking a party purge and a weaker chance of returning to power …
Govt unveils details of cross-border travel with Malaysia; maximum 14-day stay for essential business travellers
Some five weeks after the leaders of Singapore and Malaysia agreed to set up special travel arrangements between both countries, the authorities here have announced details of the health requirements and application process.
Malaysia’s Najib to be jailed for 12 years after 1MDB conviction
Malaysia’s former Prime Minister Najib Razak is due to spend 12 years in prison, after being found guilty on Tuesday in his first corruption trial stemming from the multibillion-dollar 1Malaysia Development Berhad scandal.
Najib wants to be Malaysian PM again, says Dr Mahathir
Former Malaysian prime minister Najib Razak will make a comeback if he is found not guilty next week on corruption and money-laundering charges related to SRC International, said Dr Mahathir Mohamad.
Mahathir and 5 other MPs form independent bloc
Former Malaysian prime minister Mahathir Mohamad and five Members of Parliament (MPs) aligned to him announced on Friday (Jul 10) that they will remain as an independent bloc and will not join any coalition.
Malaysia did not pay any compensation to Singapore for HSR project delay
No compensations have been paid to Singapore counterparts for the postponement of the KL-Singapore High-speed Rail (HSR) project, Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali said today.
Malaysia: Shares open higher on Wednesday
MALAYSIA share prices opened higher on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.25 points, or 0.08 per cent, to 1,576.41 as at 9.03am.
‘I eat one meal a day’: Some Malaysians who lost their jobs in Singapore left stranded and cash-strapped
A Malaysian construction worker who wished to be known only as Muhd Hassan, was left in the lurch after he received a termination letter from his company late last month.
Goodbye to the gentle giant of Malaysian badminton
Fondly known as the gentle giant in the badminton fraternity, Aik Mong, lost his battle against liver cancer Sunday (May 31) at the age of 70.
Malaysian boy lives alone in Singapore for months, so that he won’t miss school
For more than two months, this 14-year-old has been living on his own in Singapore, isolated from his family in Tebrau, a suburb of Johor Bahru.
Read more at www.channelnewsasia.com
Construction of Singapore-KL high-speed rail deferred till 31 Dec
The suspension of the High Speed Rail (HSR) project aimed at linking Singapore and Kuala Lumpur will be extended to the end of this year.
Malaysia: Slower growth and fiscal risk
The Malaysia economy may sink into a recession of -1.6% despite an outsized stimulus package and further monetary easing.
Read more at www.dbs.com