Christine Lagarde could likely become the next European Central Bank president.
Lagarde is on the latest slate of candidates for the EU’s top jobs which leaders, lawmakers and parties have been wrangling over since Sunday. The French IMF director’s name also came up in earlier combinations that fell through due to disagreements over who would lead the commission. German defence minister Ursula von der Leyen is emerging as the latest front funner to take that post after eastern member states and the EPP, Europe’s centre-right political party, objected to a package floated over the weekend that would have seen Dutch socialist Frans Timmermans lead the commission.
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Banks rejecting up to 70% of home loan applications, says deputy minister | The Malaysian InsightThe housing ministry is seeking help of other financial institutions in providing loans. Pointing finger the wrong way. Takkan la want the bank to loan 40 or 50 years for housing loans. Plus, it not normal for property developers to keep pushing for their sky high price. I think KV developers should drop their price by a min 30%. NathanNadeson Come on lah Deputy Minister Kamarul Bahrin. Banks have been in biz for a very long time. They will not and should not lend to those who are likely to be a credit risk. Banks went thru the huge NPL problem which nearly bankrupted us in the late '90s. Do you want a repeat? jedimaster909 It could be 80% or 90% but the reasons could be telling. The reality is that most Malaysians do not qualify because of low disposable incomes. They are already burdened by the high cost of living.
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RM2 mil paid to company linked to Ku Nan, bank officer tells courtKhairolrony Kamarudin says the RM2 million from developer Aset Kayamas was deposited in an account owned by Tadmansori Holdings. KhairolronyKamarudin AsetKayamas TadmansoriHoldings FMTnews In any other country, bribes were always in cash or in offshore accounts. Pre 9 May 2018, bribes were received in onshore bank accounts. Why? They followed their leader n thought they would never lose power.
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World Bank expects Malaysia’s GDP to grow 4.6pc | Malay MailPUTRAJAYA, July 1 — Malaysia’s economy is expected to expand at a relatively moderate rate, with the gross domestic product (GDP) projected to record 4.6 per cent in 2019, says World Bank. Lead economist in macroeconomics, trade and investment Richard Record said the GDP was 0.1...
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Economy to grow 4.6% in 2019, says World BankIt says reforms to public service will help enable future growth and shared prosperity. Economy FMTnews
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