Correspondent, Political and General News
Razak's Feed
Mar 31, 2011
via FaithWorld

Rising Christian anger in Malaysia over Bible seizures

Photo

(A Bible in the Malay language at a church in Kuala Lumpur March 30, 2011/Bazuki Muhammad )

Rising Christian anger in mainly Muslim Malaysia over the government’s handling of a case involving seized Bibles could complicate Prime Minister Najib Razak’s bid to win back the support of minorities ahead of an early general election. The row over 35,100 imported Malay language Bibles and Christian texts impounded by Customs authorities comes amid a legal battle on the right of non-Muslims to use the Arabic word “Allah” and could raise ethno-religious tensions in the country. The Bibles were seized in 2009 but the case was only made public in January.

Mar 21, 2011

Malaysia’s Anwar denies sex tape allegation, sees political plot

KUALA LUMPUR (Reuters) – Malaysian opposition leader Anwar Ibrahim denied on Monday that he was the man filmed having sex with an unidentified woman, describing the allegation as a “malicious slander” designed to discredit him politically.

The charges could tarnish the reputation of the former deputy premier, who is already involved in a protracted legal battle involving allegations that he had sex with a former male aide, and undermine the opposition’s efforts to stem a recent slide in its popularity.

Mar 19, 2011

Q+A-Why the poll in Malaysia’s Sarawak state matters

KUALA LUMPUR, March 19 (Reuters) – The chief of Malaysia’s
key Sarawak state said the local assembly would be dissolved on
Monday, paving the way for polls that could trigger an early
general election.

The vote in the sprawling, resource-rich state on Borneo
island is seen as a barometer of the strength of Prime Minister
Najib Razak’s government, and is expected to influence the
timing and outcome of a general election which could be held
this year.

Mar 19, 2011

State polls to determine fate of Malaysia PM, reforms

KUALA LUMPUR (Reuters) – Malaysia’s Sarawak state legislature will be dissolved on Monday, paving the way for possible polls in April that could trigger an early general election.

The vote in the sprawling, resource-rich state of Sarawak on Borneo island is seen as a barometer of the strength of Prime Minister Najib Razak’s government, and is expected to influence the timing and outcome of a general election which could be held this year.

Feb 22, 2011

Libyan diplomats turn against Gaddafi

UNITED NATIONS/KUALA LUMPUR (Reuters) – Libyan diplomats at the United Nations and several countries broke ranks with the country’s leader Muammar Gaddafi, urging foreign nations on Tuesday to help stop what many called the slaughter of anti-government protesters.

Gaddafi’s forces have cracked down fiercely on demonstrators demanding an end to his 41-year rule, with fighting spreading to the capital Tripoli after erupting in Libya’s oil-producing east last week. Human rights groups say at least 233 people have been killed.

Feb 22, 2011

Libyan diplomats turn against Gaddafi, seek foreign help

UNITED NATIONS/KUALA LUMPUR, Feb 22 (Reuters) – Libyan
diplomats at the United Nations and several countries broke
ranks with the country’s leader Muammar Gaddafi, urging on
Tuesday foreign nations to help stop what many called the
slaughter of anti-government protesters.

Gaddafi’s forces have cracked down fiercely on demonstrators
demanding an end to his 41-year rule, with fighting spreading to
the capital Tripoli after erupting in Libya’s oil-producing east
last week. Human rights groups say at least 233 people have been
killed.

Jan 28, 2011

Malaysia PM wants toll highways to freeze or cut fees

KUALA LUMPUR, Jan 28 (Reuters) – Malaysia’s private sector
toll road operators were asked to freeeze, cut or abolish
tariffs by the country’s prime minister on Friday after the
country’s number two operator, MTD Capital proposed a
toll freeze on two of its highways without compensation.

Prime Minister Najib Razak, who is expected to call
elections either later this year or next, well ahead of the 2013
date, told a press conference that the government would solicit
industry views.

Jan 11, 2011

Shell, Exxon to invest $4.9 bln in Malaysia projects

PUTRAJAYA, Malaysia, Jan 11 (Reuters) – Oil giants Exxon
Mobil and Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research, Stock Buzz) will invest
15 billion ringgit ($4.9 billion) in new oil, gas and energy
assets in Malaysia, the government said on Tuesday, in a move
that could help the Southeast Asian country reverse a decline
in output.

Malaysia needs fresh investments in the oil and gas
industry given that output of its light sweet benchmark Tapis
crude has fallen to around 190,000 bpd from a peak of more
than 350,000 bpd in the 1990s. Most of that is kept for
refining by equity producers Exxon Mobil and national oil
company Petronas , leaving little for the spot market.

Dec 26, 2010

RAM Ratings reaffirms AAA rating of Cagamas MBS CMBS 2001-1

KUALA LUMPUR, Dec 27, (Reuters) – Malaysia’s RAM Ratings
has reaffirmed the AAA rating of Series 3 and Series 4 of
Cagamas MBS Berhad’s (Cagamas MBS) 1,555 million
ringgit residential mortgage-backed securities (RMBS or
Bonds), i.e. CMBS 2004-1, with a stable outlook.

The Bonds are secured by a static portfolio of government
staff housing loans (GSHLs) that are serviced via monthly
deductions from the pensions of retired public-sector
employees. The rating of CMBS 2004-1 addresses the credit
risks associated with the transaction, but does not take into
consideration the likelihood of early redemption of the
pass-through tranche, i.e. Series 4, prior to its maturity date.

Dec 3, 2010

Malaysia to hike fuel prices, reform economy

KUALA LUMPUR, Dec 3 (Reuters) – Malaysia looked set to
announce a second cut in petrol subsidies on Friday as the
country’s prime minister presented plans to liberalise the
economy and set up an independent sovereign wealth fund along
with measures to boost investment here.

News website Malaysiakini (www.malaysiakini.com) reported
that the government would announce a 2.7 percent increase in
the price of the most commonly used RON97 petrol blend as it
moves ahead with cutting subsidies, a burden on the budget.
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