Oct. 30 (Bloomberg) — Malaysia’s banks are “well placed” to maintain lending as there is ample liquidity in the banking system, Bank Negara Malaysia, the central bank, said today in a statement after officials met with finance industry executives.
Banking industry leaders were told at the meeting to practise “responsible lending” and ensure there wasn’t any [...]

The world loves Malaysia. Like an abused wife that takes the beatings and still prepares dinner and lies down with leg wide open, Malaysia is the bitch for the global community.
Most recent events confirm this nation’s status. Let’s talk about Eurocopter. Malaysia was ready to pay premium prices in excess of a billion ringgit for [...]

KUALA LUMPUR, Oct 28, 2008 (AFP) - Malaysia on Tuesday shelved a 1.7 billion ringgit (470 million dollar) deal to buy 12 military helicopters from Eurocopter because of the bleak global economy.
“At the moment, we have decided not to purchase the helicopters. We need to delay it … because of the financial crisis. We need [...]

KUALA LUMPUR, Oct 26 (Reuters) - Malaysia has decided to axe a controversial $657 million military helicopter order in the government’s first major budget cutbacks since the global financial crisis, an influential news website reported on Sunday. “The Eurocopter deal is off due to the bleak economic times ahead,” the Malaysian Insider (www.themalaysianinsider.com) said, quoting [...]

KUALA LUMPUR (AFP) – Malaysia will inject 1.4 billion dollars into the ailing stock market and cut its growth forecast for 2009 amid a worsening global financial crisis, the Finance Minister said Monday.
Najib Razak also said the government may review its 2008 and 2009 fiscal deficit forecast and scale back on infrastructure projects “with [...]

GOPENG,17 OKTOBER (SK) - Naib Presiden Parti Keadilan Rakyat  Dr. Lee Boon Chye mengecam kerajaan BN membelanjakan RM2.4 billion wang rakyat dalam projek Jalur Lebar Berkelajuan Tinggi. Projek tersebut diumumkan oleh Datuk Seri Najib Razak selaku Pengerusi Jawatankuasa Kabinet Untuk Jalur Lebar, sehari sebelum beliau dilantik sebagai Menteri Kewangan yang baru.
Pada 16 September 2008, projek [...]

KUALA LUMPUR, FRI:

The Ministry of Defence today reiterated that the acquisition of the Eurocopter EC725 helicopter was in accordance with the set regulations and without the influence of any party.

The Secretary General of the ministry, Datuk Abu Bakar Abdullah, in a statement today said that the price offered by Eurocopter in the tender to [...]