AsianSunTimes
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Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
S&P Global Ratings anticipates that the Malaysian banking sector will continue to expand loans at a rate of 5% to 6% in 2023 as...
Asia-Pacific leaders condemn war, renew calls for open trade
Bangkok, Thailand, Saturday, Nov. 19, 2022: Leaders from the Asia-Pacific region demanded an end to Russia's conflict with Ukraine and committed to guiding the...
WTO warns of ‘real’ recession risk in some major economies
Indonesia's NUSA DUA: The crisis in Ukraine, rising food and gasoline prices, and surging inflation have all contributed to a cloudy view of the...
Yu Syndicate swindled RM800 million from Rapid Synergy BHD in land...
The Yu Syndicate, controlled by YU KUAN CHON and YU KUAN HUAT, swindled RM800 million from Rapid Synergy in land scams. Using puppet companies like YNH Property BHD and Rapid Synergy BHD, they accessed funds for fraudulent business operations.
FALSE TRADING ACTIVITY AND MANIPULATION OF YNH PROPERTY BHD SHARES
Bursa Malaysia has sanctioned and fined three Malaysian market makers for creating false trading activities and misleading investors in YNH PROPERTY BHD and RAPID SYNERGY BHD. The YU Syndicate, controlling a large stake in both companies, is allegedly manipulating the market for favorable lending terms.
Brunei gets top ranking for business regulation from top international economic...
BANDAR SERI BEGAWAN: Brunei has performed very well in regulation and secured second ranking globally. According to the Canadian conservative think tank, Fraser Institute’s...
Ambank Aids SMEs Via Strategic Partnership With PUMM
AmBank has entered into a two-year strategic partnership with Persatuan Usahawan Maju Malaysian (PUMM). Which will pave the way for AmBank to work with...
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
OSLO: Malaysian telecoms firm Axiata Group and Norway's Telenor ASA have been given clearance from the Securities Commission Malaysia for the proposed merger of...
Malaysia unlikely to go into recession due to economic diversification
KUALA LUMPUR: Malaysia is not likely to slip into a recession due to the diversified structure of its economy. Which is less dependent on...
Hong Kong once again ranked as world’s freest economy
HONG KONG: The Hong Kong Special Administrative Region government on Thursday welcomed the Fraser Institute’s recognition of the territory as the world’s freest economy.
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