Malaysia
Malaysian GDP growth may be lower than the 5-6% forecast
Malaysian GDP growth may be lower than the 5-6% forecast
DBS thus expects Bank Negara Malaysia to stick to a steady course and keep the Overnight Policy Rate (OPR) steady at 3.00%.
Overseas investments in Malaysia amount to a whopping US$3.39b in 2Q11
And guess what countries were the top sources of foreign direct investments in Malaysia?
Thailand and Malaysia need to make urgent reforms
If not, problems lie ahead, say Morgan Stanley.
DBS to be overtaken by Maybank if acquisition pushes through
Malaysia’s--and potentially Southeast Asia’s--biggest lender plans to acquire RHB for a combined capitalisation of approximately $29 billion.
Maybank market share to double if RHB merger goes ahead
With the Malaysian government being the biggest shareholder in both banks, this one should be a no brainer.
Maybank appoints Nomura as RHB bid adviser
Nomura advised on Maybank's $1.4 billion bid for Singapore's stock broker Kim Eng earlier this year, according to Reuters.
Ascott opens 10th properties in Malaysia, Indonesia
PJ in Malaysia and Jakarta are latest additions as group aims to grow to 14,000 rooms.
TEE International subsidiary bags S$26.4mln project in Malaysia
TEE M&E Engineering Sdb Bhd will construct the 120Mld Bertam DAF Phase 2 Water Treatment Plant through a joint venture arrangement with Perkasa Sutera Sdn Bhd.
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