Archive for October 24th, 2020

Malaysia an attractive market for e-commerce in Southeast Asia-survey

24-Oct-2020 Intellasia | TheedgeMarkets | 6:02 AM

Malaysia, with its population of about 30 million people, is an attractive market for e-commerce in Southeast Asia due to its rapid economic growth and advanced digital [...] » More

Malaysia’s Covid-19 numbers show no sign of slowing down

24-Oct-2020 Intellasia | Malay Mail | 6:02 AM

Sabah continues to be battered by new Covid-19 cases with the state accounting for 578 or 68.2 per cent of new infections reported yesterday. The Kepayan prison cluster, [...] » More

Amid swirling rumours of ‘emergency’ to tackle Covid-19, Opposition leaders decry ‘overkill’

24-Oct-2020 Intellasia | Malay Mail | 6:02 AM

Several Opposition leaders have lashed out against the Perikatan Nasional (PN) government following reports that the Cabinet was in favour of implementing emergency laws to [...] » More

Goldman Sachs to pay Singapore govt $122m for firm’s role in 1MDB scandal, gets conditional warning for corruption

24-Oct-2020 Intellasia | Today | 6:02 AM

Goldman Sachs Singapore will pay $122 million (S$165 million, RM505.5 million) to the Singapore government for its role in bond offerings related to 1Malaysia Development [...] » More

Malaysia palm growers warn new Sabah virus restrictions could halve output

24-Oct-2020 Intellasia | Reuters | 6:02 AM

Malaysia’s biggest palm oil producing state Sabah could see crude palm oil production fall by as much as 300,000 tonnes a month after imposing new coronavirus [...] » More

History repeats itself as Zahid abandons Anwar again-Kadir

24-Oct-2020 Intellasia | Malaysiakini | 6:02 AM

The latest episode of Malaysia’s political drama is just a re-run of what happened in 1998, said veteran newsman A Kadir Jasin. He said this was not the first time Umno [...] » More

Malaysians lost RM914m to investment scams for first six months of 2020, says SC chair

24-Oct-2020 Intellasia | Malay Mail | 6:02 AM

The Securities Commission Malaysia (SC) has received 370 queries and complaints on illegal investment schemes as at end-September 2020 compared with 317 for the whole of last [...] » More

Report: DAP will not follow Anwar if he strays from Pakatan, says Guan Eng

24-Oct-2020 Intellasia | Malay Mail | 6:02 AM

DAP secretary-general Lim Guan Eng said his party would not support Opposition Leader Datuk Seri Anwar Ibrahim if the latter moved away from Pakatan Harapan’s (PH) [...] » More

Could Cabinet declare ‘economic emergency’? Reports suggest morning meeting discussed options amid Covid-19 surges, political instability

24-Oct-2020 Intellasia | Malay Mail | 6:02 AM

Speculation is rife that the government may declare an “economic emergency” following this morning’s Cabinet meeting in Putrajaya. Singapore paper Straits [...] » More

Goldman Sachs cuts $174 million of pay for current and former executives, taking them to task for bank’s role in 1MDB fraud

24-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

Goldman Sachs will cut or claw back $174 million of pay from a dozen of its most senior current and former executives, holding them personally accountable for the Wall Street [...] » More

Placebo group: What happens after a Covid vaccine is authorised?

24-Oct-2020 Intellasia | AFP | 6:02 AM

If a coronavirus vaccine is authorised in the United States before the end of the year, will trial participants who received a placebo rush out to get vaccinated? While the [...] » More

Asian markets mostly up but held back by stimulus uncertainty

24-Oct-2020 Intellasia | AFP | 6:02 AM

Asian markets mostly rose Friday but gains were limited as US lawmakers struggled to hammer out a fresh economic rescue package, while there was little initial reaction to [...] » More

Asian shares, US futures gain after last Trump-Biden debate

24-Oct-2020 Intellasia | AP | 6:02 AM

Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former vice President Joe Biden faced off in their second and final debate before [...] » More

Cambodia breaks up protest over alleged China military base

24-Oct-2020 Intellasia | Reuters | 6:02 AM

Cambodian security guards broke up a small protest on Friday near the Chinese embassy opposing alleged plans to boost Beijing’s military presence in the country, as [...] » More

Vietnam to receive ultra-large container vessel

24-Oct-2020 Intellasia | TheSaigonTimes | 6:02 AM

The 214,121-dwt Margrethe Maersk, one of the world’s largest container ships, is set to arrive at the Cai Mep International Terminal in the southern province of Ba [...] » More