News about Malaysia

PUTRAJAYA (March 3): The Federal Court, which today released its written judgement on Malaysiakini’s contempt of court case over comments posted by readers, said the comments were “simply scurrilous and irreprehensible”.

KUALA LUMPUR (March 3): Genting Malaysia Bhd’s senior management team has taken a temporary voluntary 20% salary cut for three months, and the company has written to staff for them to consider a variation in their employment contract with a suggested variation staggered depending on job grade from 15% to 20% reduction in salary or one day no pay leave per week, according to a letter sighted by The Edge.

KUALA LUMPUR (March 1): DAP’s Tony Pua has lauded the Ministry of Finance (MoF) for completing the RM2.

KUALA LUMPUR (Feb 25): Genting Malaysia Bhd (GenM) has accepted a US$175 million (RM707 million) loan from US bank Wells Fargo for a piece of vacant land at its Resorts World Casino New York City.

KUALA LUMPUR (Feb 24): Malaysian Rating Corp Bhd (MARC), which had recently lowered its 2021 real gross domestic product (GDP) growth projection in Malaysia to 5.

PUTRAJAYA (Feb 23): Mkini Dotcom Sdn Bhd, the company that operates news portal Malaysiakini, had today paid the RM500,000 fine imposed by the Federal Court for contempt of court after Malaysiakini failed to establish that it had no knowledge of five readers comments which were offending to the judiciary.

KUALA LUMPUR (Feb 23): The Malaysian government through the Inland Revenue Board (IRB) had obtained a judgement in default (JID) at the High Court last week against 1Malaysia Development Bhd's (1MDB) former general counsel Jasmine Loo Ai Swan over her unpaid taxes amounting to RM2.

KUALA LUMPUR (Feb 22): The Malaysian Aviation Commission (Mavcom) has called on all airlines to remit any refunds to consumers affected by flight cancellations due to travel restrictions imposed to curb the spread of Covid-19.

KUALA LUMPUR (Feb 19): Malaysiakini has managed to get donations of more than RM500,000 in under five hours after it launched a fundraising effort to help pay a fine imposed by the Federal Court today.

PUTRAJAYA (Feb 19): Malaysiakini, which was found guilty by the Federal Court of contempt of court for comments posted by its readers that were deemed to have attacked the judiciary, has until Wednesday to pay a RM500,000 fine.