The apology from Goldman Sachs Group Inc's boss to Malaysians is "not enough", says Finance minister Lim Guan Eng, adding that what matters is the US$7.5 billion (RM30.87 billion) compensation.
"At least he (Goldman Sachs chief executive officer David Solomon) has accepted that they have to show some responsibility, but that apology is insufficient. Necessary, but not sufficient," Lim told a press conference here today.
Tun Dr Mahathir Mohamad may have spent only a few hours at the conference on Africa here on Thursday but, within that timeframe, he imparted gems of knowledge and insight on governance and development that may prove useful for African nations.
The Malaysian prime minister peppered his interventions at the Third International Conference on the Emergence of Africa (ICEA-III) with tips on how to go about developing a country, drawing examples from Malaysia's own experience.
Malaysian startups Glueck, AVANA, and Finology offer unique products that have reshaped the B2B ballgame When it comes to tech innovations, the most popular and widely used products—hardware, software, or digital platforms—are those that are enjoyed largely by the general consumers. We’ve seen everything from ride hailing apps, to social media networks, to smarter personal […]
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