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KUALA LUMPUR: Former auditor-general Tan Sri Ambrin Buang says the audit on 1Malaysia Development Bhd (1MDB) and its group of companies took so long to do as the sovereign wealth fund was slow to or never handed over crucial documents to the National Audit Department (NAD).
KUALA LUMPUR: Malaysia has asked banks to submit pitches to help with a potential Samurai bond sale, less than a year after selling its first yen-denominated debt in three decades, according to people with knowledge of the matter.
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed its rating of AA-IS on toll concessionaire Lebuhraya DUKE Fasa 3 Sdn Bhd’s (DUKE 3) RM3.64bil Sukuk Wakalah. The rating outlook remains negative.
KUALA LUMPUR: MPs who do not attend enough Dewan Rakyat sittings will get a talking to by Prime Minister Tun Dr Mahathir Mohamad himself.
KUALA LUMPUR: The government is allocating RM6.5bil to Malaysia@Work to create jobs for Malaysians in the next five years, mainly for fresh graduates, under #MalaysiaAtWork, says the Prime Minister.
WHEN MCA’s Datuk Seri Dr Wee Jeck Seng goes around thanking those who helped him to win the Tanjung Piai by-election, he should not leave out the powerful Finance Minister Lim Guan Eng.
From TAN SRI MOHD SHERIFF MOHD KASSIM, Kuala Lumpur.
KUALA LUMPUR: Malaysia’s crude palm oil (CPO) price can possibly touch RM3,000 per tonne, compared with Tuesday’s level of RM2,493 per tonne, if both Malaysia and Indonesia continue to pursue their palm biodiesel mandates, said Malaysian Palm Oil Board (MPOB) director-general Ahmad Parveez Ghulam Kadir.