With Islamic assets under management of some Rm132.4 billion (US$29.66 billion), Malaysia is well on its way towards establishing itself as the international centre of Islamic wealth management services, notwithstanding the ongoing 1MDB scandal. The […]
The year 2016 ended with Malaysia Prime Minister Najib Razak still firmly entrenched, despite two years of scandal, scrutiny and speculation over funds missing from state development fund 1Malaysia Development Berhad (1MDB), including US$800 million […]
Malaysia’s trade with the United States has been in decline. But with the Trans-Pacific Partnership (TPP) agreement dead in the water, what’s next for Malaysia’s trade agenda? If there is a flicker of hope for […]
The Cambodian government is hoping that the introduction of a robust, formal halal certification process for restaurants and food producers will lure more Muslim tourists to the Kingdom and also foster the growth of the […]
On Monday September 5, former Malaysian prime minister Mahathir Mohamad did the unthinkable. He turned up at the High Court for Anwar Ibrahim’s filing of an interim injunction to stop the enforcement of the newly-passed […]
Malaysia’s 1Malaysia Development Berhad (1MDB) scandal reached a crescendo in July. The US Attorney General claimed that more than US$3.5 billion belonging to 1MDB was ‘allegedly misappropriated by high-level officials of 1MDB and their associates’ […]
Last month the US Department of Justice (US-DoJ) announced that it was taking action to seek ‘the forfeiture and recovery of more than US$1 billion in assets’ related to 1Malaysia Development Berhad (1MDB). This action […]
The 1Malaysia Development Berhad (1MDB) scandal in Malaysia which has recently become the subject of a high-profile lawsuit by the United States Department of Justice’s asset recovery initiative highlights the problems with state-ownership in the […]
Mahathir Mohamad, Malaysia’s former prime minister, seems to have missed the mark with the Citizen’s Declaration that he has so vigorously supported. The bulk of the Declaration is directed at Prime Minister Najib Razak and […]
Missing billions, bogus donations and more political intrigue than a Shakespearean tragedy: the 1 Malaysia Development Berhad (1MDB) saga, currently plunging Malaysia into ever-deeper crisis, is shaping up to be the international heist of the […]
Last year was somewhat of a challenging one for the Malaysian economy. Political disruptions and economic shocks rocked the nation. Prime Minister Najib Razak has been strenuously committed to undertaking fiscal reform. He has repeatedly […]
These are tiring times for Malaysia Prime Minister Najib Razak. Mr Razak has so far managed to stay in power despite the flurry of attacks on his leadership. Political debacles have almost cost Najib his […]