Money laundering worldwide hits $6 trillion

Bangkok Post - Oct 14, 2026

Corruption can reduce real GDP per capita growth by 3% for up to two years, while money laundering amounts to as much as US$6 trillion annually worldwide, according to the International Monetary Fund (IMF).

Read full article

MORE NEWS

Foreign population hits record 4.28 million in Asia's 6th most populous country
Oct 17, 2026

Foreign population hits record 4.28 million in Asia's 6th most populous country

Japan's foreign resident population reached a record 4.28 million at the end of June, making up 3.48% of the country's population, according to the Immigration Services Agency.

This university beats China and Singapore's top schools to represent Asia in global top 20 for mathematics
Oct 17, 2026

This university beats China and Singapore's top schools to represent Asia in global top 20 for mathematics

Japan's Kyoto University is the only Asian institution to rank among the world's top 20 universities for mathematics in the 2026 Global Ranking of Academic Subjects, which is dominated by universities in the United States and Europe.

Nik Nazmi confirms Jais arrest, apologises for 'lapse in judgment'
Oct 17, 2026

Nik Nazmi confirms Jais arrest, apologises for 'lapse in judgment'

UPDATED 2.40PM | Bersama co-leader apologises to wife, family and party.

‘Thai people already poor’: developing nations protest IMF’s austerity call
Oct 17, 2026

‘Thai people already poor’: developing nations protest IMF’s austerity call

Coconut farmer Sombat Chuekrod travelled more than 200km (120 miles) to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund (IMF) and World Bank change how they deal with the developing world. Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital for the IMF-World Bank Annual Meetings, as decision makers tackle an inflation crisis fuelled by the Iran war and other economic shocks. The message from...

PAS accepts reality of BN leading Malacca, cooperation to continue
Oct 17, 2026

PAS accepts reality of BN leading Malacca, cooperation to continue

Hadi also responds to reports on Akmal giving up Merlimau seat to PAS.

Bukit Aman probing Filipino, Bangsamoro links in Laos meth bust
Oct 17, 2026

Bukit Aman probing Filipino, Bangsamoro links in Laos meth bust

It follows Philippine authorities identifying 11 persons of interest linked to the attempted shipment.

Hong Kong teen admits acid ambush that put tourist from Singapore in hospital for 61 days
Oct 17, 2026

Hong Kong teen admits acid ambush that put tourist from Singapore in hospital for 61 days

A Hong Kong teenager has pleaded guilty to splashing acid on a woman visiting from Singapore in June 2025, leaving her with second-degree burns.

Philippines’ ‘China-free’ manufacturing strategy is a high-risk bet
Oct 17, 2026

Philippines’ ‘China-free’ manufacturing strategy is a high-risk bet

China and the Philippines recently traded accusations over the medical evacuation of a Philippine serviceman from a grounded naval vessel in the hotly disputed Second Thomas Shoal in the South China Sea. The incident has sparked renewed worries about potential armed skirmishes in a global artery of trade. But Philippine President Ferdinand Marcos Jnr was also quick to emphasise the economic dimensions of a major conflict. After a decade of rapid economic growth, the Philippines is facing...

YOURSAY | Insecurity, not stability, guides Harapan-Bersatu alliance
Oct 17, 2026

YOURSAY | Insecurity, not stability, guides Harapan-Bersatu alliance

'This shows how desperate PKR is to remain in power.'

Malaysia’s shoppers love Chinese e-commerce. Its factories pay the price
Oct 17, 2026

Malaysia’s shoppers love Chinese e-commerce. Its factories pay the price

In hindsight, it was only a matter of time before Esha Yusof joined the growing ranks of Malaysian shoppers being drawn to Chinese e-commerce giant Pinduoduo. Esha is a relative newcomer. She signed up in July, more than half a year after the platform launched in Malaysia – and has been smitten with it ever since. Rock-bottom prices, a vast range of products and seamless payments through a popular local e-wallet make it easy for the 32-year-old to spend an average of 500 ringgit (US$122) a month...

White shirts, fast-track passes: Inside an alleged Immigration racket
Oct 16, 2026

White shirts, fast-track passes: Inside an alleged Immigration racket

Agents facilitate pass extensions for scam syndicates seeking longer stays.

Chinese math tutor sparks debate for downgrading English in public schools
Oct 16, 2026

Chinese math tutor sparks debate for downgrading English in public schools

Debate over English's place in China's education system has resurfaced online after a popular math tutor called for the subject to be given less prominence in schools, arguing that most students rarely use the language after graduation and that learning it consumes too much of their time.

RECOMMENDED

Newsletter

Subscribe to us for more recent news from Top Spot Malaysia

ABOUT US
Top Spot Malaysia

Top Spot Malaysia brings you not only the hottest, but also the hidden spots in Malaysia that you never knew or heard about. We deliver the best information in an entertaining way.

Copyright © 2015 - 2026 Top Spot Malaysia. All Rights Reserved.