Report says property prices in Singapore led to Malaysia property bubble

The skyrocketing prices of properties in Singapore led to a corresponding property boom in Malaysia where overseas buyers are targeting to buy homes, according to a Bloomberg report.

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Carlyle eyes bolt-on acquisitions in Malaysia

Washington-based private equity firm Carlyle Group LP expressed its interest on bolt-on acquisitions in Malaysia, citing its very good experience with the acquisition of Davex Holdings Bhd last year.

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Generali buys minority stake in Generali Asia for EUR40 million

Italian life and non-life insurance company Generali bought a 40% stake in Generali Asia for EUR40 million. Generali Asia is a joint venture of Generali and Banca della Svizzera Italiana in Switzerland.

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Carousell lands USD800,000 in funding for Southeast Asia expansion

Singapore-based consumer-to-consumer marketplace mobile startup Carousell snagged USD800,000 in seed funding to be used for the development of its app and expansion efforts in Southeast Asia.

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Ledzworld rounds up USD5 million in funding for sales growth

Netherlands-based LED lighting solutions developer Ledzworld recently received USD5 million in funding to be used for the acceleration of its sales, manufacturing, and global expansion.

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Islamic pension funds can provide more capital to industries and markets

The experience of some Muslim dominated countries as to tapping Islamic pension funds for capitalization had reaped benefits.

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VMMEA opens shop in Malaysia

Virgin Mobile Middle East and Africa had introduced new telecom services in Malaysia.

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RHB Bank to appoint Khairussaleh Ramli as deputy CEO- sources

Sources told Reuters that RHB Bank of Malaysia would poach Maybank's Indonesian unit head Khairussaleh Ramli and appoint him as RHB's new Deputy CEO.

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Sources reveal SocGen plan to launch USD 300 million Islamic bond program in Malaysia

Sources revealed that France-based Societe Generale would be issuing a USD 300 million Islamic bond program in Malaysia.

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Malaysia to expand its spying power amidst uproar on NSA surveillance

Malaysian Minister Paul Low said that the government would soon utilize phone tapping and employ internet monitoring devices to eradicate corporate and government corruption.

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Investments pour into Biotech Corp

Biotech Corp said that it has already passed its investment target for this year.

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Five companies invest of Malaysian healthcare sector

Five investment projects were approved by Malaysia's National Key Economic Area today.

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Thales Group to sign RM380 million deal with KTMB

The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.

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Malaysia, Huawei's new target

During Huawei's product launch in Kuala Lumpur, the company stated that they are fighting to enter the top three in Malaysia's smartphone market.

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Malaysian energy and water firm Ranhill cancels IPO, to return funds collected from investors

Malaysia's Ranhill Energy and Resources is set to return the US $234 million funds it was able to raise following the IPO's cancellation.

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