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Najib had Cabinet s approval

KUALA LUMPUR: Datuk Seri Najib Razak had obtained the Cabinet’s unanimous approval for a letter of support for the issuance of US$3bil in bonds by a subsidiary of 1Malaysia Development Bhd (1MDB), 1MDB Global Investment Bhd (1MDB-GIL), the High Court has heard.

1MDB trial: Najib obtained Cabinet approval for US$3bil bond issuance, court hears

KUALA LUMPUR: Datuk Seri Najib Razak obtained unanimous approval from the Cabinet in 2013 to approve a letter of support for the issuance of US$3bil in bonds by a subsidiary of 1Malaysia Development Bhd (1MDB), 1MDB Global Investment Bhd (1MDB-GIL), the High Court heard.

Malaysia s domestic demand to drive economic growth | Daily Express Malaysia

PETALING JAYA: Malaysia’s domestic demand to remain supportive of economic growth, buoyed by the positive labour market, encouraging recovery of the tourism sector and moderated inflation, said MIDF Amanah Investment Bhd (MIDF Research).

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