International Petroleum Investment Co (IPIC)

Malaysia ringgit

Ringgit drops for third week before GDP, current-account reports

KUALA LUMPUR (May 13): Malaysia’s ringgit headed for a third week of losses before reports that analysts said will show economic growth slowed last quarter and the current-account surplus shrank.
1MDB

More demand for Malaysia government debt despite 1MDB irregularities

SINGAPORE (May 11): There is still demand for debt issued by the Malaysian government despite ongoing investigations regarding financial irregularities at state investment fund 1Malaysia Development Bhd, whose advisory board has been headed by Prime Minis
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