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Moody's changes outlook on Pakistan's rating to negative from stable

SINGAPORE: Moody's Investors Service has changed the outlook on Pakistan's rating to negative from stable and affirmed the B3 local and foreign currency long-term issuer and senior unsecured debt ratings.

Moody's expects Pakistan's external account to remain under significant pressure.

PM: We’ll raise minimum wage

KUALA LUMPUR: The minimum wage will be raised, along with payment for retrenched workers, if the Barisan Nasional government retains power in the general election.

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Malaysia needs structural reforms says global investor

KUALA LUMPUR: Penang-born Datuk Seri Cheah Cheng Hye (pic) who left Malaysia decades ago counts the middle-income trap, brain drain and high public service spending as current risks to the country.

Cheah(pic) thinks the local stock market could go up by between 5% to 10% this year while the ringgit, which has mostly been on an uptrend in recent times, is “still down quite a lot”, against the US dollar.

Umno AGM: Najib delivers opening speech

KUALA LUMPUR: The following is the English translation of the speech by Umno President Datuk Seri Najib Tun Razak entitled "Umno: Implementer of Wisdom of the Elders, True Hope for the Well-being of the Nation", made at the opening of the Umno General Assembly 2017 at the Putra World Trade Centre here on Thursday (Dec 7).

Malaysia ranked 15th most efficient in government spending

PETALING JAYA: Malaysia has been ranked second out of nine Asean countries for its efficiency in government spending, according to data from the World Economic Forum (WEF) Global Competitiveness Report 2017-2018.

Malaysia moves up two spots in WEF's Global Competitiveness ranking

PETALING JAYA: Malaysia has moved up two spots in terms of global competitiveness.

- Reuters

Diary Malaysia Sept 26


Prime Minister Datuk Seri Najib Tun Razak(pic) attends launching and ground-breaking ceremony of Phase 1 Integrated Development Project for proposed Diplomatic Enclave and Integrated Mixed Development Project at 1715 (0915 GMT)

PM: US ventures decided by investment committee

KUALA LUMPUR: The decision to invest in the United States was made by the country’s investment committee and professionals, said Prime Minister Datuk Seri Najib Tun Razak.

Rapt attention: Najib addressing TM staff nationwide in a live streaming engagement session held during the launch of Unifi’s i-foundit app.
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UMP vice-chancellor rebuts accusation by Harvard economist

KUANTAN: Universiti Malaysia Pahang (UMP) vice-chancellor Prof Datuk Dr Daing Nasir Ibrahim has disputed a Harvard economist’s statement that choices of leadership in Malaysian universities are the reason for failure to produce graduates needed to create a high-income economy.

Connecting a nation

A GOOD road and railway network is essential in nation-building as it draws the far-flung corners of a country closer. Good roads and railway lines also help ease the passage of people and goods, allowing commerce and industry to flourish.

Kuala Sepetang, formerly known as Port Weld, housed the first train station to Taiping built in 1885. How things have changed.