Malaysia ranked fourth out of 12 Asia-Pacific economies in terms of market accountability and transparency, according to the recent 2018 CG Watch Report published by the Asian Corporate Governance Association (ACGA) and CLSA. Finance Minister Lim Guan Eng said the ranking was a significant improvement from seventh place in 2016 and Malaysia was the biggest …

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Malaysia is well on its way to cross the threshold into high-income and developed country status in the coming years, said the World Bank. In a statement today, Vice President for East Asia and Pacific Victoria Kwakwa said Malaysia’s economy was well-diversified and stood on solid foundations, which are primed to take the country to …

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Tenaga Nasional Bhd (TNB) has completed ITS 50MWac solar power project in Sepang, Selangor, the largest solar project in the country. In a statement, TNB said the large scale solar project (LSS) uses 230,000 solar panels installed on 98 hectares of land in Mukim Tanjung 12, Sepang. The project, won in a competitive bidding by …

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Malaysia’s exports in October surged 17.7% on-year to RM96.38bil, which is a historic high for the country, powered  by manufactured goods,  with exports to China picking up strongly. The Ministry of International Trade and Industry (MITI) said on Wednesday exports of manufactured goods registered a strong growth of 19.9% on-year to RM80.99bil and accounted for …

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Turkey has tumbled to bottom of the emerging-market pile, according to a Bloomberg analysis. Ranked fifth out of 21 nations in a similar study six months ago, the country has slumped on a scorecard that includes metrics ranging from growth prospects to the state of the current account, sovereign credit ratings and stock and bond …

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