KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia's Gross Domestic Product (GDP) growth outlook for 2017 will be revised higher than the initial target of between 4.3 per cent and 4.8 per cent as the economy is expected to hit 5.0 per cent growth this year, says Second Finance Minister Datuk Seri Johari Abdul Ghani.

PETALING JAYA, Aug 18 (Bernama) -- The International Monetary Fund (IMF) and the World Bank's move to raise their projections for Malaysia's growth this year is endorsement that the country is on the right track to achieve high growth and defies the naysayers, Prime Minister Datuk Seri Najib Tun Razak said today.

KUALA LUMPUR, Aug 18 (Bernama) -- The Companies Act 2016, which came into operation on Jan 31, 2017, requires all companies to prepare and audit their financial statements before lodging them with the Companies Commission of Malaysia (SSM).

JAKARTA, Aug 18 (Bernama) -- Chinese billionaire Jack Ma through his company, Alibaba Group, has expanded his business in Indonesia with the injection of US$1.1 billion (US$1=RM4.28) investment to acquire a minority stake in e-commerce firm, Tokopedia.

KUALA LUMPUR, Aug 18 (Bernama) -- Malaysia's economy is expected to maintain its rapid growth this year and the next two years, with full year Gross Development Product (GDP) growth surpassing 5.0 per cent annually, said IHS Markit.

KUALA LUMPUR, Aug 18 (Bernama) -- RAM Rating Services Bhd has maintained its positive outlook on the Malaysian economy, with another upward revision in gross domestic product (GDP) growth to 5.4 per cent for this year.

KUALA LUMPUR, Aug 18 (Bernama) -- IGB REIT Capital Sdn Bhd has proposed the issuance of medium term notes (MTN) pursuant to a medium term notes programme of up to RM5 billion in nominal value.