Tags Posts tagged with "Malaysia"

Malaysia

Malaysia’s ex-PM, former treasury official charged with misuse of $1.6 billion

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Malaysia charged ex-premier Najib Razak and one of his former top treasury officials with six counts of criminal breach of trust, accusing them of...
Thailand’s weak education system a big drawback for development

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Thailand’s outdated and somewhat defunct education system is holding back a new generation from becoming productive and innovative, it turned out in the new...
Malaysia in need to postpone “developed country” target

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Malaysia will become a developed country not before 2022, missing its longstanding “Vision 2020” target by at least two years, based on current government...
Malaysia’s new car brand to make first appearance in 2020

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Malaysia’s new national car project is expected to roll out its first model before or by 2020, media was told at a press briefing...
Malaysia Ex-PM’s wife Rosmah arrested, to be charged with money laundering

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Rosmah Mansor, wife of Malaysia’s former prime minister Najib Razak, has been detained on October 3 by the Malaysian Anti-Corruption Commission (MACC). According to...
Mahathir “lost all faith” in Myanmar’s Suu Kyi, ends support

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Malaysia will no longer support the leadership of Myanmar's Aung San Suu Kyi as a result of her handling of the Rohingya crisis in...
Malaysia hopes to welcome 30 million tourists by 2020

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Malaysia's Ministry of Tourism, Arts and Culture is targeting 30 million tourist arrivals in Malaysia by 2020, state news agency Bernama reported. Deputy tourism minister...
1MDB saga to be turned into movie

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The story of the multi-billion-dollar graft scandal involving Malaysian state fund 1Malaysia Development Berhad (1MDB) – believed to be the world’s largest-ever fraud case...
“Malaysia’s Imelda” likely to be charged for money laundering

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Rosmah Mansor, wife of Malaysia’s former prime minister Najib Razak who is embroiled in the multi-billion fraud scandal surrounding state fund 1Malaysia Development Berhad...
Malaysia halts property developments exclusively for foreigners

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The Malaysian government will no longer allow property developments and new townships solely aimed at foreign buyers in a bid to reduce “mindless foreign...
Najib could spend rest of his life in jail if found guilty – Rosmah next to face charges

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Malaysia’s former prime minister Najib Razak pleaded not guilty on September 20 to no less than 21 counts of money laundering and four counts...
Malaysia’s ex-PM detained over mysterious $628-million transfer

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Former Malaysian prime minister Najib Razak was arrested on September 19 over allegations that $628 million linked to state investment fund 1Malaysia Development Berhad...
Malaysia expects to write off up to 70% of 1MDB losses

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Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...
Malaysia axes Chinese-backed pipeline projects worth $3-billion

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The Malaysian government has finally decided to cancel three China-backed pipeline projects after halting work on them, The Financial Times wrote. The report said...
Chinese poured $32.9 billion into Asia property last year, Thailand top destination

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Mainland Chinese property buyers acquired real estate across Asia for $32.9 billion in 2017, up 352.4 per cent from $7.28 billion in 2016, a...
Malaysia raises minimum wage to 1,050 ringgit per month

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The Malaysian government will raise and standardise the minimum wage for the private sector across the country as of January 1, 2019, fulfilling one...
Kuala Lumpur-Singapore high-speed railway postponed for two years

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Malaysia and Singapore agreed to postpone the development of a high-speed rail service between the two countries by two years, Malaysian business weekly The...
Malaysia’s taxman is back knocking for a share in sales and services

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Malaysia will re-impose a tax of between five per cent and ten per cent on the sale of goods, while services will attract a...