News about Malaysia

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.

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.

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.

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.

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.

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.