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Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets. It was formed from the merger between the Malaysian Electronic Payment System (MEPS) and Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) on 1 August 2017. [1]
Malaysia's current postcode system was initiated by M. Rajasingam, director-general of Pos Malaysia from 1976 to 1986. In 1976, only addresses in Kuala Lumpur had postcodes. Wanting to expand the postcode system to the whole country, Rajasingam enlisted the help of the French postal authorities. The postcode system made the process of sorting ...
Area. • Total. 813 ha (2,009 acres) [ 2] Time zone. UTC+8 ( MST) • Summer ( DST) Not observed. Sama Jaya Free Industrial Zone (Sama Jaya FIZ) is a high tech industrial zone located in Kuching, Sarawak, Malaysia.
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Medan (/ m ɛ ˈ d ɑː n / meh-DAHN, Indonesian: ⓘ) is the capital and largest city of the Indonesian province of North Sumatra. [7] The nearby Strait of Malacca, Port of Belawan, and Kualanamu International Airport make Medan a regional hub and multicultural metropolis, acting as a financial centre for Sumatra and a gateway to the western part of Indonesia.
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [ 1]
1Malaysia Development Berhad. 1Malaysia Development Berhad ( 1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn (t) bərˈɦad]) is an insolvent [ 1] Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). [ 2][ 3] In 2015, the company became the subject of a major international corruption scandal, with ...
Bandar Malaysia was a proposed mixed-use transit-oriented development located in Kuala Lumpur, Malaysia. This project was to be built at the current Sungai Besi Air Base site over 20 years. [ 1][ 2] It was also planned as a central transport hub connecting high-speed rail to Singapore (namely the Kuala Lumpur – Singapore High Speed Rail ...