en-my-hotdailynews: 2015-06-24 Malaysia Business

Cops jump into Mara scandal after PM's concern
Malaysiakini (subscription)
The police are looking into the allegation of a property scam involving government agency Mara in Australia. Inspector-general of police Khalid Abu Bakar told Malaysiakini that police are determining if there are elements of CBT (criminal breach of trust).
The Age's corruption claims on M'sians will be investigated thoroughly: Najib   The Sun Daily
Source: MACC to study report claiming MARA 'elites' involved in Melbourne ...   Malay Mail Online
Najib: We'll probe those involved in Aussie building sale   Free Malaysia Today
The Malaysian Insider
Astro Awani
all 58 news articles »

1MDB denies overpaid for energy assets
The Sun Daily
PETALING JAYA: 1Malaysia Development Bhd (1MDB) has rebuked claims that the acquisition of its energy assets were overpaid and driven by political considerations. In response to an article by the Wall Street Journal suggesting that 1MDB had paid a ...

1MDB refutes WSJ article, says acquisitions based on long-term value   The Star Online
1MDB: Asset acquisitions driven by long-term view   New Straits Times Online
1Mdb reiterates asset acquisitions driven by long-term view   The Borneo Post
Malaysiakini (subscription)
Free Malaysia Today
Malay Mail Online
all 14 news articles »

'We have the capacity to repay debts'
The Sun Daily
KUALA LUMPUR: Malaysia has the capacity to repay its debt and manage contingent liabilities, said veteran economist-turned Malaysia University of Science and Technology School of Business dean Dr Yeah Kim Leng. He said whether contingent liabilities ...

Take advantage of falling ringgit to enter bond market   Free Malaysia Today
No economic crisis as long as Malaysia remains politically stable, says analyst   Malay Mail Online
Ringgit's Depreciation Will Encourage More Bond Investors, Says Don   Bernama
New Straits Times Online
all 7 news articles »

No Plan To Replace BR1M With Investment Scheme - Tee Yong
malaysiandigest.com
KUALA LUMPUR -- The government has no plan to replace the 1Malaysia People's Aid (BR1M) with any form of investment in the names of the recipients, the Dewan Negara was told today. Deputy Finance Minister Datuk Chua Tee Yong said the BR1M was ...

BR1M Recipients Having Issues With Direct Credit Can Refer To BSN - Chua   Bernama
BR1M: Phase two money cannot be remitted due to incorrect info   The Sun Daily
'No plan to replace BR1M with investment scheme'   Malaysiakini (subscription)
New Straits Times Online
Malay Mail Online
all 12 news articles »

Outrage over food wastage in hotels
The Star Online
KUALA LUMPUR: It's barely a week into Ramadan but the Muslim Consumers Association of Malaysia have already received 45 complaints of food wastage during buka puasa. Its president Datuk Nadzim Johan said that the government should set up an ...

PPIM: Food wastage during fasting month amounts to RM9b   The Sun Daily
S$3.2 billion food wasted during Ramadan, says M'sia consumer group   TODAYonline
Call For 'Food Waste Collection Centre'   Bernama
The Malaysian Insider
Free Malaysia Today
all 9 news articles »

Lower ringgit value still manageable: Abdul Wahid
The Sun Daily
KUALA LUMPUR: The impact of the lowering Ringgit value is still manageable for the average household, said Minister in the Prime Minister's Department Datuk Seri Abdul Wahib Omar. He said this was because Malaysian households primarily consume ...

Don't spread false news, minister says after video on Muslim wedding   The Malaysian Insider
Minister urges Malaysians not to spread false news on social media   Malay Mail Online
UNABLE TO STOP THE SELLING: Minister says Impact of ringgit plunge still ...   Malaysia Chronicle
Bernama
all 10 news articles »

PIVB retains Neutral outlook for Gamuda
The Star Online
KUALA LUMPUR: PublicInvest Research is maintaining its Neutral outlook and RM4.90 target price for infrastructure-property based Gamuda based on its sum-of-parts valuation. It said on Wednesday Gamuda, being the prime beneficiary of the infrastructure ...

Gamuda 3Q net profit down 9.83%   The Edge Markets
Gamuda's Q3 earnings down 9.83%   The Sun Daily
Gamuda's 3Q Pre-tax Profit Declines To RM209.03 Million   Bernama

all 8 news articles »

MALAYSIA PRESS-Indonesia's Rajawali Group 'not interested' in 1MDB's TRX ...
Reuters
Indonesian conglomerate Rajawali Group said it was "not interested" in 1MDB's Tun Razak Exchange, one of the state fund's two major property projects, the Star reported, citing from an interview with Chief Executive Peter Sondakh. (bit.ly/1LsOFBS). ----.
Indonesian billionaire: 'I am not interested in TRX'   The Star Online
Ringgit fall will boost plantation export - FGV   Astro Awani
Lower ringgit a boon for FGV exports   The Rakyat Post
Malaysia Chronicle
Malay Mail Online
The Malaysian Insider
all 18 news articles »

KLCI slips in cautious trade as Tenaga falls
The Star Online
KUALA LUMPUR: The FBM KLCI slipped in early trade on Wednesday, extending the decline from the previous day on selling of power giant Tenaga Nasional but analysts expect market sentiment to improve. At 9.54am, the KLCI was down 0.29 point to ...

KL shares open higher   The Malaysian Insider
KL shares open higher in line with regional markets   Malay Mail Online
KLCI to trade range-bound, defend 1700-point level   The Edge Markets
New Straits Times Online
all 9 news articles »

Malaysia's Tenaga plans $2.7 billion Islamic bond after power plant deal
Legal Business Online
Malaysia's Tenaga Nasional Bhd is seeking to raise as much as 10 billion ringgit ($2.7 billion) in an Islamic bond issue to develop a power plant project it is planning to take over from debt-laden state fund 1MDB, sources familiar with the matter said. The bond ...

TNB plans US$2.7b Islamic bond after agreeing to power plant deal   The Sun Daily
Malaysia's Tenaga plans $2.7b sukuk after Project 3B deal   DEALSTREETASIA
Malaysia's Tenaga plans $2.7 billion Islamic bond after power plant deal: Sources   Economic Times

all 19 news articles »

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