"The policy makers have expressed interest to make Malaysia a hub for Islamic finance and to a certain extent it's very difficult to do that if everything is denominated in the local currency," he said. "That segment is something that I feel like Malaysia could play a role in, in trying to attract Chinese companies. But to really be able to (do that), it has to be not just (fundraising) in Malaysia but internationally," Mohieddine Kronfol said. (Filepic shows main business district in Kuala Lumpur)
KUALA LUMPUR (Bernama): Kuala Lumpur City Hall (DBKL) is allocating RM2.896bil for Budget 2019 to realise plannings and projects to enhance the comfort and security of 1.79 million city folks.
Kuala Lumpur mayor Datuk Nor Hisham Ahmad Dahlan said the budget themed "Prosperous Kuala Lumpur, Hopes of People' is allocating RM1.694bil or 58.5% as operating expenditure with RM1.202bil (41.5%) for development.
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