KRW/USD: Malaysia Bonds Draw Record $3.9 Billion Inflows in August on AI Boom
Malaysiaโs bonds lured record inflows in August on optimism over the impact of the artificial intelligence boom on the Southeast Asian economy.
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Malaysiaโs bonds lured record inflows in August on optimism over the impact of the artificial intelligence boom on the Southeast Asian economy.
The son of Malaysiaโs king has dismissed a report that a potential tax bill of more than S$2 billion (US$1.6 billion) is complicating his plans to sell 16.6 hectares (41 acres) of land in Singapore, saying he was โmore than happyโ to absorb levies on both sides of the causeway. โAs a regular taxpayer, this is normal. No complication and more than happy to contribute to both countries. Should make it double,โ Tunku Ismail Sultan Ibrahim posted on social media on Thursday, hours after the...
Malaysiaโs central bank extended a more than year-long pause in interest rates but tweaked its monetary policy statement to remove a reference to its stance as being โappropriateโ, in a possible signal that borrowing costs may rise.