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Equity capital markets in the Asia-Pacific ex-Japan region shrank for a third consecutive year in 2013, hurt by a downturn in India and slower activity in mainland China.
KUALA LUMPUR: AmBank Group clinched the prestigious Bank of the Year in Malaysia 2013 award from the UK based The Banker magazine in recognition of the banking group's strong management, sound business model and prudent risk approach.
KUALA LUMPUR: Malaysia recorded higher inflow of foreign direct investment (FDI) in the fourth quarter of 2013 (Q4, 2013) at RM11.2bil from the RM9.4bil in Q3 2013.
The Federal Government's revenue for 2013 is expected to be marginally higher by 0.7% to RM208.70bil, partly due to high-base effect in 2012, supported by higher tax revenue with increases seen in sales taxes and individual tax collection.
The Malaysian economy is forecast to grow between 4.5% and 5.5% in 2013, underpinned by domestic demand as measures implemented in the 2013 Budget pick up pace.
NEW YORK: Following is a list of the 10 biggest sports earners in 2013.