Media Selangor

Standard Chartered Bank faces US$2.7 bln suit over alleged role in 1MDB fraud

KUALA LUMPUR, July 2 — Liquidators trying to recover money from sovereign wealth fund 1Malaysia Development Bhd (1MDB) have sued Standard Chartered Bank in Singapore, alleging it enabled fraud that led to more than US$2.7 billion in financial losses over 10 years ago.

Editor Selangor Journal

2 Jul 2025

Vietnam’s third quarter GDP growth likely to hit 5.1pct — Standard Chartered

HANOI, Sept.

Editor Selangor Journal

25 Sep 2023

High commodity prices to continue supporting ringgit this year — Standard Chartered

KUALA LUMPUR, Jan 12 — Standard Chartered Bank said continuing support for the ringgit from high commodity prices is expected and the local unit is likely to trade around RM4.40 against the US dollar this year.

Editor Selangor Journal

12 Jan 2023

Malaysia to record 6.2 pct GDP growth this year on faster economic recovery — StanChart

KUALA LUMPUR, Jan 11 — The Malaysian economy is expected to see a much faster recovery pace this year, with Gross Domestic Product (GDP) growth recovering to 6.2 per cent from 3.5 per cent in 2021 driven by the successful vaccination programme, said Standard Chartered Bank (StanChart).

Editor Selangor Journal

11 Jan 2022

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Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.

Media Selangor Sdn. Bhd.

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