Kuala Lumpur - Malaysian TV is to broadcast Tuesday an unprecedented live TV debate between opposition leader Anwar Ibrahim and the country's information minister, focusing on the government's rec
Kuala Lumpur, July 14 : Malaysia’s Deputy Foreign Minister Abdul Rahim Bakri has told his country’s Parliament that immigration officials had never seized the passport of Hindraf leader P. Waythamoorthy, although there were orders to do so.
Bakri said the Hindraf chairman, who was reported to be in the United Kingdom, is still free to travel around.
“We had received orders to cancel his passport but no actions have been taken so far and Waythamoorthy still has his passport overseas, and moves around as a valid Malaysian passport holder,” The Star quoted Bakri, as saying while replying to a supplementary question by Chua Tian Chang of the PKR-Batu.
Singapore - A wholly-owned unit of Singapore's DBS Bank and the Kuwait Finance House have been granted licences to set up Islamic fund management operations in Malaysia, a statement said on Monday.
DBS Asset Management's chief executive officer Deborah Ho said the new entity will structure and distribute Islamic asset management products across Asia "via synergies with DBS and DBS' Islamic Bank of Asia."
Malaysia's Securities Commission granted approval to the two in addition to CIMB-Principal Islamic Asset Management.
"The approval of these three companies will play a catalytic role in the internationalization of our Islamic capital market," The Business Times quoted commission chairman Zarinah Anwar as saying.