News by THEEDGEMARKETS.COM

Thomas submitted his resignation letter to Tun Dr Mahathir Mohamad who appointed him to the post for a two-year term which was due to end only in June.

Gabungan Parti Sarawak, which holds 18 seats, is understood to be backing Muhyiddin and is expected to announce its support.

The presidential council believes Anwar ought to be given the chance to stand before the Yang di-Pertuan Agong to prove that he has the majority of the MPs' confidence. 

Justice Datuk Ahmad Bache ruled the Pekan MP's application for a stay is against public interests.

It is unclear whether the King will now call for a fresh poll to appoint a new federal government, or have the Dewan Rakyat decide on the nation’s leadership when it sits on March 9.

The Agong says no particular MP now has the support of the majority of MPs to form a new govt.

IRBM said BE submission forms can be submitted using smartphones and tablets through the Mobile Filing application (m-Filing / m-BE).

In a statement today, S&P said the country’s political impasse (with the collapse of the Pakatan Harapan government) could undermine the timely implementation of fiscal support measures.

BCorp said the disposal will enable the group to monetise its investments in the hotel, with an estimated gain exceeding RM600 million. The disposal is targeted to close in mid-March.

In a statement today, Dewan Rakyat Speaker Tan Sri Mohamad Ariff Yusof said the notification his office received on the decision to hold the special sitting did not comply with the Standing Orders with regard to such meetings.