Business Sun Times
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Democrats Propose 2% Tax on Stock Buybacks to Fund $3.5 Trillion Plan
Senate Democrats Introduce 2% Tax on Corporate Stock Repurchases in $3.5 Trillion Bill On September 13, 2021, Senate…
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Global Sukuk Issuance to Remain Flat in 2021, Moody’s Reports
Moody’s Forecasts Flat Sukuk Issuance in 2021 On September 7, 2021, Moody’s Investors Service projected that global sukuk…
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RM1 Billion Inflow Reverses Bursa Malaysia Outflows
The return of foreign capital to Bursa Malaysia in September 2021 did more than nudge a benchmark index…
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Malaysian Markets Show Signs of Recovery Amid Global Volatility
The start of 2021 brought optimism to global investors, who expected a broad economic rebound that lifted commodity…
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SEA Ltd and Petronas Among Firms Seeking Malaysia Digital Bank License
As Malaysia prepared to modernize its financial sector, a wave of corporate interest emerged in the country’s digital…
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Nayuki Falls as Much as 13% in Hong Kong Debut After $656 Million IPO
Nayuki Holdings Ltd., a Shenzhen-based bubble tea chain, completed its Hong Kong initial public offering on July 2,…
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Bubble tea chain raises US$656m in Hong Kong IPO
Bubble tea chain Nayuki Holdings Ltd. raised US$656 million in its Hong Kong initial public offering on July…
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HSBC Documents Fueled the Meng Wanzhou Extradition Fight
Half a decade has passed since a decision by a major international bank to provide internal documents to…
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Maybank HouzKEY Plan Defers Home Payments Until Handover
For years, the math of buying a first home in Malaysia has been brutally simple: you need a…
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DNB Says Ericsson’s RM11 Billion 5G Bid Was About RM700 Million Below Nearest Rival
KUALA LUMPUR — By 2024, eight out of every ten Malaysians should have access to a 5G signal.…
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Ericsson Wins RM11B Malaysia 5G Network Deal
On June 29, 2021, Digital Nasional Bhd (DNB) selected Ericsson to deploy a fifth-generation (5G) national network in…
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GIC Acquires 16% Stake in Sunway Healthcare for RM750 Million
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In 2021, Malaysia’s Central Bank Reported Reserves Climbing to US$111.0 Billion
Malaysia maintains a foreign reserve buffer that covers 8.5 months of retained imports and 1.2 times its short-term…
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Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
GlobalFoundries Inc announced on June 22, 2021, a US$6 billion plan to expand chip manufacturing capacity in Singapore,…
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Singapore and Vietnam Move Digital Economy Cooperation From Talks to Signed Pacts
Singapore: Singapore and Vietnam have given their consents to speed up the formation process. For joint working gatherings…
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Bank Negara Malaysia Weighs 29 Applicants for Up to Five Digital Banking Licenses
Malaysia’s banking sector is bracing for a shake-up. By the end of June 2021, a flood of applications…
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KNM Group Probes Missing THB2.7 Billion Bond Funds
The THB2.7 billion bond that KNM Group Berhad guaranteed for its Thai ethanol subsidiary is due later this…
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IJM Corp Sells IJM Plantations 56% Stake to KLK for RM1.53B
Strategic Asset Divestiture Marks New Chapter for IJM Corp IJM Corp Bhd has finalized an agreement to sell…
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Bank Negara, Bank of Thailand Launch Cross-Border QR Payments
A New Chapter for Cross-Border Trade Between Malaysia and Thailand Kuala Lumpur: Bank Negara Malaysia and The Bank…
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Malaysia Mandates Cashless Payments for All Government Services by 2022
During a Malaysian Institute of Accountants (MIA) conference on 10 June 2021, Finance Minister Tengku Datuk Seri Zafrul…
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Malaysia’s Foreign Investment Inflows Rebounded Past Pre-Pandemic Levels in 2021
On June 10, 2021, despite the Malaysian government imposing varying degrees of restrictions due to the Covid-19 epidemic,…
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FDI rolling in despite lockdown
On June 10, 2021, despite the Malaysian government imposing varying degrees of restrictions due to the Covid-19 epidemic,…
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Serba Dinamik Investors Voice Concern Over KPMG Audit Dispute
Two of the largest institutional investors in Malaysia’s oil‑and‑gas services firm Serba Dinamik have publicly expressed unease after…
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