News about Malaysia

KUALA LUMPUR (Oct 7): Datuk Shahrol Azral Ibrahim Halmi, former CEO of Terengganu Investment Authority Bhd (TIA) and then 1Malaysia Development Bhd (1MDB), agreed with the defence’s suggestion that he does not blame former prime minister Datuk Seri Najib Razak for trusting fugitive financier Low Taek Jho and Casey Tang Keng Chee, which was former 1MDB executive director of business development.

KUALA LUMPUR (Oct 7): Barisan Nasional lawmaker Datuk Seri Ahmad Maslan has denied receving money from strategic development company 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Oct 7): Prime Minister Tun Dr Mahathir Mohamad said today the Malaysian government can sell highway owner and operator PLUS Malaysia Bhd to private entities on the condition that the government still participates in the company's future decision making.

KUALA LUMPUR (Oct 7): The High Court has maintained the dates set for former Prime Minister Datuk Seri Najib Razak and former 1Malaysia Development Bhd (1MDB) president and CEO Arul Kanda Kandasamy's trial relating to the alleged tampering of the troubled fund's audit report.

KUALA LUMPUR (Oct 7): The Malaysian Anti-Corruption Commission (MACC) has issued compound notices to 80 individuals and entities believed to have received funds from 1Malaysia Development Bhd (1MDB) totalling up to RM420 million.

  KUALA LUMPUR (Oct 7): The cross-examination of former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi, who is testifying against Datuk Seri Najib Razak as the ninth prosecution witness in the 1MDB-Tanore trial, is expected to commence today.

PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and  Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating  the country’s  housing market.

PETALING JAYA (Oct 4): Prime Minister Tun Dr Mahathir Mohamad said today Malaysia's Anti-Fake News Act may be amended, instead of being repealed, because the country needs to curb the spread of false information.

KUALA LUMPUR (Oct 2): The Ministry of Finance (MoF) said it made another RM43.

KUALA LUMPUR (Oct 2): Only disposable rubber gloves produced by one company in Malaysia are banned from the US, clarified the Malaysian Rubber Glove Manufacturers Association (Margma).