International Business & Economy Najib still at the bottom in finance minister's listing

Najib still at the bottom in finance minister’s listing




- Advertisement -

FinanceAsia, the online portal that caused a stir on Malaysian social media last year after it listed Prime Minister Najib Razak at the rock bottom among finance minister’s in Asia, has prepped the latter up two notch in its 2017 listing.

However it said it was time for the Prime Minister to relinquish his post as Minister of Finance, which is one too many in his plate, as the 1MDB issue is still lingering.

The portal also said the economy is facing significant hurdles, despite a slight improvement in the last quarter.

Malaysia’s consumption growth is significantly down with HSBC predicting it will fall from 5.6% in 2016 to 3.7% this year.

- Advertisement -

Latest stats also showed that unemployment is rising while household debt of around 90% of GDP is the highest in Asia, despite claims by the local authorities that it is perfectly fine to have such a high household debt ratio.Follow us on Social Media

Send in your scoops to 

- Advertisement -

Singapore economy posted 0.2% growth on a year-on-year basis: Chan Chun Sing

Singapore — The Singapore economy has begun slowly recovering in the new year. According to the Ministry of Trade and Industry (MTI), based on advance estimates, the Singapore economy grew by 0.2 per cent on a year-on-year basis in the first quarter...

Writer Sudhir Thomas Vadaketh outlines reasons for hope amid 4G succession crisis

Singapore—In a piece for new media outfit, writer Sudhir Thomas Vadaketh argues that there are “reasons” for hope in spite of the shock waves the country received last week over the PAP’s leadership succession. Deputy Prime Minister Heng Swee Keat announced...

Ho Ching shares 7 posts by Chan Chun Sing in 15 minutes

Singapore – Temasek Holdings chief executive and Prime Minister Lee Hsien Loong's wife Madam Ho Ching shared nine Facebook posts by Trade and Industry Minister Chan Chung Sing on Tuesday (April 13), seven of them within 15 minutes. Madam Ho, known to be...
Follow us on Social Media

Send in your scoops to