Thursday 25 December 2014
 
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Kuala Lampur

Thousands in Malaysian anti-government rally

Malaysian police fired tear gas and detained about 180 people on Saturday to break up an opposition-led rally of over 5,000 people protesting against a security law that allows detention without trial. The protest could put further pressur

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‘No impact from Saad’ on Islamic finance

There has not been any systemic risk arising in the global Islamic finance industry from problems due to Saudi Saad group's debt restructuring, Malaysia's central bank governor said on Wednesday. 'Right now we do not see it hav

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Qatar Airways wants plane deliveries faster

Qatar Airways, which has about $27 billion worth of planes on order, wants deliveries speeded up, its chief executive said on Monday. Akbar al-Baker told reporters on the sidelines of the International Air Transport Association annual meet

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Dubai World reviewing oil project: MMC

Malaysia's MMC Corporation, a major investment holding company, has said its partner Dubai World was reassessing a plan to jointly build a multi-billion ringgit petroleum hub in the Southeast Asian nation. Dubai World is the investment

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Mubadala to invest $1.8bn in Malaysia property

Mubadala Development Co, the investment arm of the Abu Dhabi government, will invest about $1.8 billion in a property development project in Malaysia, a local newspaper has reported. The project involves the construction of hotels and vill

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Malaysian courts may have to consult Sharia

Malaysian courts hearing Islamic finance disputes must refer to national Sharia advisers under a proposed change, the central bank chief said yesterday, as the country seeks to boost its image as an Islamic finance hub. Under proposed chan

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KFH Asia chief likely to step down

Kuwait Finance House's (KFH) Asian operations head will soon step down following the bank's recent board meeting, according to a statement. Kuala Lumpur-based K Salman Younis is likely to be moved back to Kuwait, with his deputy Ab

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