Malaysia’s Growth Streak Continues

14 May, 2013
By Chong Pooi Koon & Michael Munoz | Source: Bloomberg

Malaysia’s growth probably exceeded 5 percent for a seventh straight quarter, the longest stretch since the depth of the global financial crisis in 2008, with a pick-up in investment poised to add further momentum.

Malaysia-Thailand Joint Mall Project

14 May, 2013
By DANIEL KHOO | Source: The Star

Property developer I-Bhd and Thai mall specialist CPN Global Company Ltd have entered into a joint venture to build a 1.5 million sq ft mall in I-Bhd’s flagship development i-City with a gross development

Malaysians more positive on global, local economic outlook: poll

13 May, 2013
By The Star | Source: ANN

Malaysians are more positive on the global and local economic outlook compared to the second half of 2012, according to Ernst & Young’s latest bi-annual South-East Asia issue of the Global Capital Confidence Barometre.

Foreign Reserves forecasted to grow to US$144.6 billion

10 May, 2013
By RUPA DAMODARAN | Source: The Business Times

MALAYSIA’S foreign reserve level is likely to rise to a record US$144.6 billion (RM429 billion) by year-end, buoyed by the tidal wave of global capital flows, CIMB Investment Bank says. “We remain cautiously optimistic

Azerbaijan to Develop ties with ‘Tiger of South East Asia’

10 May, 2013
By Bernama | Source: Borneo Post

Azerbaijan sees Malaysia as an advanced Muslim country and regards it as the ‘Tiger of Southeast Asia,’ backed by good economic reforms and rapid development, Azerbaijan Ambassador-Designate to Malaysia, Prof Dr Qaley Allahverdiyev, said.

CIMB gets Hong Kong banking licence

9 May, 2013
| Source: The Business Times

CIMB Bank Bhd, the bank arm of CIMB Group Holdings Bhd, has been granted a banking licence in Hong Kong. This licence was given out by the Hong Kong Monetary Authority (HKMA) under the

Moody’s Forecasts Malaysia’s Policies Unchanged

8 May, 2013
| Source: Borneo Post

Barisan Nasional (BN)’s retention of government assures the continuation of Malaysia’s pro-growth policy, an outcome which is credit positive, for the sovereign rating and the ratings of government-related issuers (GRIs), says Moody’s Investors Service.

GE13: Bersih to wait and see on new government

7 May, 2013
| Source: The Star

Bersih 2.0 is withholding its recognition of the newly-elected government until it has investigated reports of electoral fraud received. This comes in the wake of the elections on Sunday, which Bersih said had been

Barisan Nasional Retains Federal Government

6 May, 2013
| Source: News Straits Times

Barisan Nasional (BN) has won 133 of the 222 parliamentary seats compared with the opposition’s 89 seats, based on the final tally of the 13th General Election (GE13). The final results came in at