Malaysia 2020 GDP to slow to 4.2%, says Moody’s
KUALA LUMPUR (Feb 25): Malaysia’s 2020 real gross domestic product growth should slow to 4.
Affin Hwang Capital cuts construction sector to Underweight
KUALA LUMPUR (Feb 25): Affin Hwang Capital Research has downgraded the construction sector to “Underweight” from Overweight amidst the political uncertainties following the resignation of Prime Minister (PM) Tun Dr Mahathir Mohamad (and his re-appointment as interim PM).
Dr M now interim PM as Agong accepts his resignation
KUALA LUMPUR: Malaysia is facing an unprecedented politicial situation following the surprise resignation of Tun Dr Mahathir Mohamad (pictured) as its seventh prime minister yesterday, and the exit of his political party, Parti Pribumi Bersatu Malaysia (Bersatu), from the Pakatan Harapan coalition.
Bersatu rejects Dr Mahathir's resignation as party chairman
PETALING JAYA (Feb 24): Parti Pribumi Bersatu Malaysia (PPBM) has unanimously rejected Tun Dr Mahathir Mohamad's resignation as party chairman, said its secretary-general Datuk Marzuki Yahya.
Azmin: We went rogue to halt efforts to make Dr M 'lame duck PM'
KUALA LUMPUR (Feb 24): Datuk Seri Mohamed Azmin Ali says the departure of 11 members of parliament from PKR, led by him, was a proactive move to halt an alleged conspiracy to prematurely end Tun Dr Mahathir Mohamad’s term as prime minister.
Cabinet is dissolved following PM's resignation
KUALA LUMPUR (Feb 24): Cabinet has been dissolved following the shock resignation of Tun Dr Mahathir Mohamad as prime minister today.
Fitch Solutions: Malaysia's political uncertainty will dim economic prospects
KUALA LUMPUR (Feb 24): Malaysia’s long-term economic prospects is likely to be dimmed as a result of political uncertainty and increasing polarisation, said Fitch Solutions Group (FSG).
Dr M leaves palace after 90-minute audience with Agong
KUALA LUMPUR (Feb 24): Tun Dr Mahathir Mohamad left Istana Negara via Gate 1 after a 90-minute audience with Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah, Malaysiakini reported.
DAP condemns 'political treachery', Warisan pledges support for Dr M
KUALA LUMPUR (Feb 24): DAP secretary-general Lim Guan Eng in a statement to the media today said the party condemns the treachery of some PH leaders and MPs that attempted to form a back-door government to replace the existing PH government.
Tun M is not behind this political drama, says Anwar
PETALING JAYA (Feb 24): Prime Minister Tun Dr Mahathir Mohamad is not behind the political drama that has been playing out since last night, but the perpetrators have used his name to advance their agenda, claims PKR president Datuk Seri Anwar Ibrahim.
