News about Malaysia

KUALA LUMPUR (May 16): Amid complaints of poor conditions and inadequate facilities provided at quarantine centres, the Selangor Health Department admitted today that the situation at Covid-19 Integrated Quarantine and Treatment Centre (PKRC) at the Malaysia Agro Exposition Park Serdang (MAEPS) 2.

KUALA LUMPUR (May 11): The Malaysian economy, as measured by gross domestic product (GDP), registered a decline of 0.

KUALA LUMPUR (May 11): Gamuda Bhd confirmed yesterday that it is currently in talks with the government to put forth its proposal to sell its four highway concessions to a private highway trust.

KUALA LUMPUR (May 10): The Ministry of Finance (MoF) has confirmed the filing of 22 suits by 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd for the recovery of assets with a total in excess of RM96.

PETALING JAYA (May 10): At least RM135 million of revenue in the food and beverage segment were evaporated during last year’s Ramadan period, due to the implementation of movement control order (MCO), according to Malaysian Association of Hotels (MAH).

KUALA LUMPUR (May 8): The Better Malaysia Foundation (BMF) recently proposed to allow 100% financing for two-generation loans and for the government to guarantee such loans to enable the B40 group to own homes, reported The Edge Malaysia.

KUALA LUMPUR (May 7): Bank Negara Malaysia kept the overnight policy rate (OPR) pat at its historic low of 1.

KUALA LUMPUR (May 7): Malaysia Airports Holdings Bhd (MAHB) said it has yet to receive the details of  a reported proposal by a private business entity to take over the Sultan Abdul Aziz Shah Airport in Subang.

KUALA LUMPUR (May 7): Trading of Amcorp Properties Bhd shares are temporarily suspended today, pending the release of a material announcement.

KUALA LUMPUR (May 6): Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 1.