MIER Economist warns of credit rating downgrade due to dwindling forex reserves

August 4, 2015 Malaysia: MIER Economist warns of  credit rating downgrade due to dwindling forex reserves by Ida Lim@www.themalayonline.com. MIER Economist Dr.Zakariah A Rashild Ratings agencies may revise downwards Malaysia’s ratings if Bank Negara Malaysia continues to dig into the country’s dwindling foreign reserves to prop up the falling ringgit value, economist Prof Zakariah Abdul … Continue reading

MACC confirms USD 700 million in Najib’s Bank Accounts but …

August 4, 2015 Malaysia :Malaysian Prime Minister had $700m of ‘donations’ in bank account – watchdog by Kate Lamb, Jakarta http://www.theguardian.com/world/2015/aug/04/malaysia-corruption-watchdog-najib-razak-donations-1mdb Beleaguered Malaysian Prime Minister Najib Razak has effectively been cleared by the country’s anti-corruption body, following a financial controversy that has shaken the legitimacy of his government. The Malaysian anti-corruption commission (MACC) announced that … Continue reading

Moral Audacity and Associated Risks

August 4, 2015 Malaysia: Moral Audacity and Associated Risks by Dr. KJ John@www.malaysiakini.com What did it take for each one of the Group of 25 (G25) members to read, consider, and then agree to sign their famous statement? I ask because while there is obvious moral courage in their actions, especially if one has never … Continue reading

Take MACC’s word for it: It is Donation, not 1MDB Money

August 4, 2015 Malaysia: Take MACC’s word for it: It is Donation, not 1MDB Money http://www.malaysiakini.com You can’t fight Whitehall(Putrajaya)-Malaysian Government 101 The Malaysian Anti-Corruption Commission (MACC) has found that the RM2.6 billion purportedly deposited into Prime Minister Najib Abdul Razak’s personal banks accounts came from donation. “The investigation report related to the RM2.6 billion … Continue reading