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Malaysia rejects ‘less than $2bn’ Goldman offer over 1MDB
Malaysia rejected a compensation offer of "less than $2 billion" from Goldman Sachs for the role of its subsidiaries in the multi-billion-dollar 1MDB scandal, an aide to the country's prime minister said Saturday.
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Malaysia revives US$34bil China-backed project to develop transit-based town in Kuala Lumpur
Malaysia will revive a US$34 billion Chinese-backed transport and property development that was abandoned in 2017, contributing to Beijing’s global infrastructure drive.
The final countdown: Submit your Event & Venue listings in KL to win a Coco Creative campaign for your business
Since announcing our directory contest a few weeks ago, we’ve heard back from a lot of you — so to all the business owners, PR gurus, plus events and marketing teams...
‘Due diligence fell apart’: Goldman Sachs blasted by critics over its 1MDB partnership
The move to cut Goldman Sachs top executives' bonuses was to inform shareholders that the bank is not blind to the gravity of the 1MDB situation, sources said.
‘No financial ability’: Malaysia scraps multi-billion dollar China-backed railway project
One more project axed, in a bid to cut Malaysia's massive one trillion ringgit debt.
UK supermarket’s viral orangutan ad slammed by palm oil giant
A British supermarket chain’s viral commercial about an orangutan left homeless because of deforestation from palm oil planting was slammed as a cheap publicity stunt by a...
Khazanah’s Secret: Minister reveals failed online lingerie venture among their bad investments
It’s been quite the roller-coaster for Khazanah Nasional, the other national sovereign wealth fund, over the last week. First, their entire board of directors resigns en...
READ: A former Malaysian minister on why cancelling the SG-KL railway is a big mistake
It’s not unexpected for Datuk Seri Abdul Rahman Dahlan to protest against the cancellation of the Singapore-Kuala Lumpur high-speed rail (HSR) project. After all, he was the...
President of National Union of Journalists problematic response to sexual harassment is indicative of an entire mentality
After the publication of an explosive article in Asian Correspondent on Monday that detailed the sexual harassment endured by female journalists working in Malaysia, Indonesia...
Alibaba launches electronic trading hub in Malaysia
Alibaba launched an electronic trading hub in Malaysia Friday aimed at helping small- and medium-sized businesses, a first for the Chinese internet giant outside its home...