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Ram Anand

Kuala Lumpur

Correspondent at The Straits Times

KL reporter for Bloomberg. Author, filmmaker and social entrepreneur.

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Articles

  • Malaysia’s Largest Pension Fund 1Q Income Drops on Volatility

    3 days ago | bloomberg.com | Ram Anand

    Commuters in Kuala Lumpur. (Bloomberg) -- Malaysia’s state retirement fund reported a 13% year-on-year drop in investment income for the first three months of the year due to volatility in global markets. Investment income for the first quarter dropped to 18.31 billion ringgit ($4.3 billion) from 20.99 billion ringgit a year ago, the Employees Provident Fund said in a statement Tuesday. Contribution from equities — the biggest asset class — slid 23% from a year ago.

  • U Mobile Appoints CIMB to Coordinate $940 Million 5G Funding

    6 days ago | news.bloombergtax.com | Ram Anand

    Malaysian telecommunications firm U Mobile has appointed CIMB Group to coordinate financing of up to 4 billion ringgit ($940 million) to deploy Malaysia’s second 5G network, according to a statement.

  • Malaysian Minister Party Switch Bid to Test Ruling Coalition

    1 week ago | bloomberg.com | Ram Anand

    Zafrul Aziz (Bloomberg) -- Malaysia’s Trade Minister Zafrul Aziz said he is switching political parties, in a move set to test the relationship between two of the partners in the nation’s ruling coalition. Zafrul, 51, is leaving the United Malays National Organization to become a member of Prime Minister Anwar Ibrahim’s People’s Justice Party. The decision was based on factors including “suitability,” he said in a statement posted Friday on Facebook and other social media.

  • Malaysia Taps Career Diplomat as New US Ambassador Amid Tariffs

    1 week ago | bloomberg.com | Ram Anand |Niluksi Koswanage |Faris Mokhtar

    Shahrul Ikram Yaakob(Bloomberg) -- Malaysia has tapped a career diplomat as its new ambassador to the US, according to people familiar with the matter, as the Southeast Asian nation seeks tariff relief from Washington.

  • Sultan of Brunei Hospitalized in Malaysia for Fatigue

    1 week ago | bloomberg.com | Ram Anand

    Brunei’s Sultan Hassanal Bolkiah, center, in Kuala Lumpur, on May 27. (Bloomberg) -- Brunei’s Sultan Hassanal Bolkiah was hospitalized in Kuala Lumpur on Tuesday due to fatigue, according to an official statement. The sultan “has been feeling tired,” the Prime Minister’s Office in Bandar Seri Begawan said in a statement late Tuesday. He “is in good health.”Malaysia’s doctors have advised the 78-year-old ruler to rest at the National Heart Institute for several days, according to the statement.

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