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The scandal surrounding Malaysias state development fund 1MDB has gripped the country for years. Now the US has said it is moving to seize more than $1bn (£761m) in assets, ranging from plush properties to a private jet, from people connected to the countrys Prime Minister Najib Razak. The...
Nintendos highly-popular augmented-reality game Pokemon GO is now officially live on game servers in Japan as the restless gamers in Singapore, India, Malaysia, China and other Asian countries are likely to join the party soon.Pokemon GO fans in Japan can now download the game via iOS...
Malaysian Prime Minister Najib Razak said on Thursday judgment should be withheld until all the facts are known after the U.S. government filed lawsuits seeking to seize $1 billion in assets bought with money stolen from a state fund he oversaw. The U.S. Justice Department lawsuits filed in a federal court...
Malaysia’s sovereign fund scandal has exposed shortcomings in Goldman Sachs’ post-crisis overhaul of its business practices. Five years ago, the Wall Street firm led by Lloyd Blankfein went to great lengths to assure regulators, investors and clients that it was tightening up standards. But its...
FAQ About 1MDB FAQ information extracted from 1MDB official website (www.1mdb.com.my) Q1. Is 1MDB a sovereign wealth fund? No. 1MDB is a strategic development company, wholly owned by the Government. However, unlike sovereign wealth funds, which are funded by and act as investment holding arms of the...
Pemandu Uber telah meningkat sejak kebelakangan ini di Malaysia terutamanya di Kuala Lumpur dan Johor Bahru. Jumlahnya membuktikan bahawa aplikasi Uber telah berkembang dengan luas dalam kelompok pengguna yang memerlukan pemandu kenderaan membawa mereka ke destinasi yang diinginkan dengan cara yang lebih...
Francis Seow, once a high-ranking Singaporean official, died on Jan. 21 in the United States, where he had spent the past 25 years as a refugee from the late Lee Kuan Yews petty vindictiveness. He died at the age of 88 in Boston, where he was an adjunct professor at Harvard University.
Hanoi is festooned with giant posters this week. They welcome the Communist Partys Twelfth Congress with the usual perfervid phrases.Well, perhaps the Entire Party, People and Army do indeed Compete to Record Achievements to Welcome the National Congress...
When a Malaysian deputy prosecutor named Kevin Morais disappeared on Sept. 4 last year after leaving his condominium in Kuala Lumpur on his way to work, the rumor spread that the 55-year-old Morais, who was gay, probably had tired of his job with the Malaysian Anti-Corruption Commission and had left with...
China is currently commissioning two of the worlds largest coast guard cutters, ships that could alter the balance of power in the South and East China Seas (one ship is to be stationed in both seas). Known only by their hull numbers, in this case Haijing 2901 and Haijing 3901 (the first digit...
President Xi Jinping has been in Saudi Arabia, a country described by one enthusiastic mainland reporter as a meeting place of One Belt One Road, a reference to the overland belt and maritime road by which China proposes to embrace Eurasia and even Africa. That raises the issue of how this slogan posturing...
Majlis Amanah Rakyat (MARA) telah banyak membantu pelajar dalam mencapai impian mereka untuk melanjutkan pelajaran ke peringkat yang lebih tinggi melalui pelbagai Program Biasiswa MARA dan Pinjaman Pendidikan MARA. Kebelakangan ini, MARA telah melancarkan tiga skim pinjaman pendidikan baru atas permintaan...
There are three types of personal loans are being provided by RHB in Malaysia namely the RHB Easy-PinjamanEkspres also known as Express Loan Financing, and the RHB Islamic Bank Personal Financing. All types of personal loans from RHB are unsecured and each loans offer its own uniqueness and quality to cater...
‘Pinjaman MARA’ For Dummies If you are a Malaysian who happens to be a ‘Bumiputera’, meaning you are of Malay, the ‘Pinjaman MARA’ would be one of the greatest loans you could ever imagine as far as scholarships are concerned. You would need to score extremely well in your SPM which is short for...
Malaysian Building Society Berhad (MBSB) is an Exempt Finance company that has been established in Malaysia for over 50 years. The company provides a wide range of financial services including savings account and student loans without the policy from Bank Negara. The company is a subsidiary of EPF and...
Penang: Chief Minister Lim Guan Eng said that the recent fall of ringgit is due to 1MDB issues. He stated that that he warned the Federal government not to play with the economy however it has fallen into deaf ears. It is a common knowledge that the Ringgit fall is due to 1MDB he said.
Pasir Gudang According to Prime Minister Najib Razak, 1MDB debts will be reduced in phases to an acceptable level within 6 months period and the matter has been disclosed to UMNO members. According to Najib Razak, the 1MDB loss has been sensationalize in Social medias and Internet although the...
Jho Low whom born as Low Taek Jho is a Chinese person that works as an agent and as a financier in Malaysia. He who had gained notoriety in New York as a “tabloid party boy” is also reported to have a close relationship with the stepson of current Malaysian Prime Minister Najib Razak that []
Before there is a company called 1 Malaysia Development Berhad (1MDB) been made viral by the media, there is an authority called Terengganu Investment Authority (TIA). The TIA which was setup with a starting fund of RM10bil in the late 2008 was been made as a sovereign wealth fund aimed at the state of...
Kuala Lumpur Malaysian Prime Minister Datuk Seri Najib today says that MACC has cleared him on corruption charges over a $700 USD million or RM 2.6 billion that was transfered to his personal account over an UMNO division meeting at Bandar Tun Razak Today. Datu Seri Najib also says that the money...