MADRID, May 18 − Spanish bank bad loans rose in March to their highest in 18 years, figures from the Bank of Spain showed today, underscoring the problems facing the government as it attempts to clean up the sector and get its economy back on track. The Bank of Spain said bad loans rose to 8.37 per cent of the banks’ outstanding loans, the highest ..
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Banks’ rising bad loans add to Spanish troubles
BEIJING, May 18 — Chinese home prices fell in April for a second month in a row compared with year ago levels, as a downtrend takes hold in the market while the government has vowed to continue its more than two years campaign to make housing more affordable. Average home prices in 70 major Chinese cities fell 1.2 per cent last month from a year …
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China April home prices fall for second month as downtrend takes hold
KUALA LUMPUR, May 14 — Youths who comprise 45 per cent of Malaysia’s total population have a major role in determining the nation’s future, said Datuk Seri Najib Razak. Recognising this fact, the prime minister said the government had always been engaging youths for their views and aspirations in every plan made.
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Country’s future rests on young shoulders, says Najib
KUALA LUMPUR, May 14 — One million people will join the next Bersih rally in protest if Putrajaya does not implement immediate electoral reforms, Mohamad Sabu has said.
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One million people to join Bersih 4.0, says Mat Sabu
KUALA LUMPUR, May 14 — Barisan Nasional (BN) could win the general elections because of unprecedented spending on the public, Tun Dr Ling Liong Sik told Chinese newspaper Sin Chew Daily in an interview published today. “I think BN can still win, because the government is spending money non-stop under different names, and this has never happened …
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BN can win GE battle with money splash, says Dr Ling
TAWAU, May 13 — A non-governmental organisation, Pertubuhan Pribumi Perkasa Negara or Perkasa, today suggested that a special unit be formed by the government to monitor the economic development, progress and achievements of Bumiputera in all sectors. Its president, Datuk Ibrahim Ali, said the unit, to be named National Key Result Areas (NKRA) …
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Perkasa wants special unit to track Bumi equity
KULAIJAYA, May 13 — The Sultan of Johor, Sultan Ibrahim ibni Almarhum Sultan Iskandar, today advised Malaysians against ignoring the law when putting forward their demands to the government.
KUALA KANGSAR, May 12 — Datuk Seri Nazri Aziz has revealed today the government’s agreement to the formation of a new organisation for lawyers. According to the Bernama Online report, the Minister in the Prime Minister’s Department has stated that the idea for a new organisation was mooted by a group of lawyers to represent their profession, …
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Nazri says government agrees with proposal for a new legal body
KUALA LUMPUR, May 11 — Indonesia lawmakers have demanded their government appoint a permanent ambassador here, alleging that the absence of an official has “weakened” the neighbouring country’s protection of its workers. The nation’s last accredited ambassador to Malaysia was former national police chief Da’i Bachtiar, whose appointment ended in …
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Absence of envoy in Malaysia ‘weakened’ protection of workers, say Indonesian reps
KUALA LUMPUR, May 10 — MRT Corporation (MRT Corp) said today that Jalan Sultan landowners need to quickly sign a deal with the company to stop the government’s compulsory acquisition process. Sixteen landowners have signed Points of Agreement (POA) with MRT Corp, which the company hopes will lead to the securing of a final and legally-binding …
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Jalan Sultan landowners running out of time, says MRT Corp