Pakatan pledges continued support for Selangor PKR chief as menteri besar
KUALA LUMPUR (March 5): Pakatan Harapan has expressed its continued support for Selangor PKR chief Datuk Seri Amirudin Shari (pictured) as the state’s menteri besar.
Ku Nan denies forging receipt to mask RM2m bribe as donation after MACC arrest
KUALA LUMPUR (March 5): Umno treasurer Datuk Seri Tengku Adnan Tengku Mansor (pictured) has denied the prosecution’s claims that he had forged a receipt to disguise the RM2 million bribe he allegedly received from a property developer as a political donation to his party.
SEMICON Southeast Asia 2020 postponed to August
KUALA LUMPUR (March 5): US-based Semiconductor Equipment & Materials International (SEMI) is postponing SEMICON Southeast Asia 2020, the region’s premier event for the global electronics manufacturing supply chain, from May 12-14, 2020 to Aug 11-13, 2020.
Forbes: Wealth of Malaysian tycoons falls for second year in a row
KUALA LUMPUR (March 5): Forbes Asia said the wealth of Malaysia’s 50 richest on the 2020 Forbes Malaysia Rich List fell for the second consecutive year amid a weaker ringgit and the decline in the FBM KLCI.
States feeling winds of change
KUALA LUMPUR (March 5): While the attention on the Malaysian political crisis has been focused at the federal level, the political realignment has also put several state governments on the brink of change.
COVID-19: Autogates shut down at all entry points into Malaysia
KUALA LUMPUR (March 4): The Immigration Department announced today that it has shut down the operations of all auto-gates at all entry points into the country effective immediately, as a measure to contain the spread of COVID-19.
COVID-19 cases in Malaysia rises to 50 with 14 new confirmed infections
KUALA LUMPUR (March 4): The total confirmed COVID-19 cases in Malaysia now stands at 50, said Director-General of Health Datuk Dr Noor Hisham Abdullah.
RHB adjusts rates following OPR cut
KUALA LUMPUR (March 4): RHB Banking Group is revising its base rate (BR) and base lending rate (BLR) downward by 25 basis points, in line with the reduction of the overnight policy rate as announced by Bank Negara Malaysia on Tuesday.
Eden Inc gets compensation for ECRL land sale
KUALA LUMPUR (March 4): Eden Inc Bhd said today the diversified company had on Friday (Feb 28) received compensation amounting to RM16.
Economists divided on whether BNM will cut rate next round
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.
