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South Korea ambassador shares his to do list

Lee Chi-beom, Ambassador of South Korea to Malaysia: The South Korean side is of the opinion that the elevation of its bilateral relations with Malaysia is crucial for the establishment of a deeper and more diverse cooperative partnership. Malaysia is a core partner of South Korea’s new southern policy. IT has been just over a year since Lee Chi-beom took up his posting as South Korea’s Ambassador to Malaysia. Despite the slowdown in activities caused by the Covid-19 pandemic, the envoy has been trying to break new ground especially with both countries marking their 60th anniversary of diplomatic relations this year.

Cagamas s issuance exceeds RM11b year-to-date

3:45 PM MYT Cagamas president/CEO Datuk Chung Chee Leong said he was pleased with the successful conclusion of the S$ EMTN and ringgit issuances which were concluded post- recent downgrade of Malaysia’s sovereign rating by one of the international credit rating agencies, Fitch Ratings. KUALA LUMPUR: Cagamas Bhd announced its aggregate issuances of RM1.9bil equivalent debt papers on Wednesday and bringing the year-to-date issuance amount to RM11.2bil. The RM1.9bil issuance comprised S$130mil one-year Singapore dollar denominated fixed rate note (SGD EMTN), RM800 mil one-year conventional medium term notes (CMTNs) and RM700mil six-month conventional commercial papers (CCPs).

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