Malaysia's Rising Reserves Reflect Respite from Bond Selloff

The Morning Run Crew

08-Feb-17 07:45

Malaysia's Rising Reserves Reflect Respite from Bond Selloff

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The Morning Run Crew gives you their take on today's business headlines:

- Bank Negara Malaysia (BNM)'s foreign reserves increased by 0.7% to US$95 billion (RM426 billion) as at Jan 31

- YTL Power International Bhd to submit a proposal for Singapore’s fifth desalination plant
- UEM Sunrise Bhd expects a gross development value (GDV) of RM800 million for the third phase of its newly-launched Southern Industrial and Logistics Clusters (SILC) in Iskandar Puteri, Johor

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Tags: ytl, ytl power, bnm, reserves, Muhammad Ibrahim, usd, uem sunrise, desalinated water

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