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Higher govt bond issuance seen

PETALING JAYA: Malaysian government bond issuance is expected to increase by at least 2% this year, according to AmBank Research.

“We expect a material decline in the gross issuance of unrated government-guaranteed and infrastructure-related corporate bonds as a result of the government’s reprioritisation efforts,” AmBank Research pointed out.

Govt promises to speed up auto approval process

PETALING JAYA: The government has assured carmarkers that it will speed up the approvals on incentives for automotive companies, a day after the Malaysian Automotive Association (MAA) lambasted the Pakatan Harapan administration for dragging its feet in approving prices for new car models.

Deputy International Trade and Industry Minister Ong Kian Ming(pic) told Bernama that the approval process related to the incentives for the new models would be made more efficient, moving forward.

New player enters govt e-services space

PETALING JAYA: The lucrative government e-services space will see the entry of a new player, MyPay, which is backed by a company majority-owned by Permodalan Nasional Bhd (PNB).

(L-R) Shairazi, Nick, and Joshua talking about how MyPay would allow Malaysians to have a more seamless eGovernment experience through a single portal

Woodside steps up spending for next leg of growth

MELBOURNE: Australia’s Woodside Petroleum Ltd flagged higher-than-expected investment spending for 2019 as it steps up early work on the two big natural gas developments that will drive its growth in the next decade.

MITI to speed up new car pricing approval

KUALA LUMPUR (Bernama): The Ministry of International Trade and Industry (MITI) says it will expedite the approval of incentives for the pricing of new car models.

MITI Deputy Minister Ong Kian Ming

Affin Hwang Investment eyes RM50m securities lending for 2019

KUALA LUMPUR: Affin Hwang Investment Bank Bhd is eyeing to achieve RM50 million in securities lending book size this year following the official launch of the Retail Securities Borrowing and Lending (Retail SBL) programme.

 Affin Hwang Capital group managing director Datuk Maimoonah Hussain and Bursa Malaysia CEO Datuk Seri Tajuddin Atan at the fficial launch of the Retail Securities Borrowing and Lending (Retail SBL) programme on Jan 17, 2019.

Goldman Sachs apologises for ex-banker's role in 1MDB scandal

BENGALURU: Goldman Sachs Group Inc Chief Executive Officer David Solomon on Wednesday apologised to the Malaysian people for former banker Tim Leissner’s role in the sovereign wealth fund 1MDB scandal, but said the bank had conducted due diligence before every transaction.