News about Malaysia

KUALA LUMPUR (March 4): Eden Inc Bhd said today the diversified company had on Friday (Feb 28) received compensation amounting to RM16.

KUALA LUMPUR (March 4): Economists are divided on whether Bank Negara Malaysia (BNM) will have another rate cut by next year, after the central bank reduced the overnight policy rate (OPR) by 25 basis points to 2.

KUALA LUMPUR (March 3): Tun Dr Mahathir Mohamad has denied Prime Minister Tan Sri Muhyiddin Yassin’s claim that the political crisis in the country started when the former resigned as prime minister.

KUALA LUMPUR (March 4): The first Parliament meeting for the year that was slated to begin on March 9 will now reconvene on May 18, said Speaker Tan Sri Mohamad Ariff Md Yusof.

KUALA LUMPUR (March 3): Bank Negara Malaysia (BNM) said today its monetary policy committee (MPC) decided to reduce the overnight policy rate (OPR) by 25 basis points to 2.

KUALA LUMPUR (March 3): Malaysian Industrial Development Finance Bhd (MIDF) is offering financial relief to assist clients in dealing with the expected economic growth slowdown due to the COVID-19 outbreak.

KUALA LUMPUR (March 2): Singapore-based CapitaLand Ltd and its sponsored Malaysian-listed real estate investment trust, CapitaLand Malaysia Mall Trust (CMMT), today announced a series of support measures for retail partners across all seven CapitaLand malls in Malaysia.

KUALA LUMPUR (March 2): Barisan Nasional and Parti Pribumi Bersatu Malaysia (Bersatu) are set to from the state government in Melaka, Malaysiakini reported today.

KUALA LUMPUR (March 2): Angkatan Bersatu Anak Muda (Armada), the Youth wing of Parti Pribumi Bersatu Malaysia (Bersatu), has demanded party president Tan Sri Muhyiddin Yassin explain his stance on the claims made by Umno president Datuk Seri Ahmad Zahid Hamidi today.

KUALA LUMPUR (March 2): Genting Bhd and Genting Malaysia Bhd shares were down as much as 4.