News about PA

KUALA LUMPUR (May 7): Dewan Rakyat speaker Mohamad Ariff Md Yusof has rejected Semporna MP Moh Shafie Apdal's bid to table a motion of confidence for Langkawi MP Dr Mahathir Mohamad, Malaysiakini reported today.

KUALA LUMPUR (May 7): Parliament speaker Tan Sri Mohamad Ariff M Yusof has confirmed the receipt of a letter by Sabah chief minister Datuk Seri Mohd Shafie Apdal, proposing to table a motion of confidence for Langkawi MP Tun Dr Mahathir Mohamad (pictured).

KUALA LUMPUR (May 7): The US has reached a settlement to recover more than US$49 million involving Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB), the US Department of Justice (DoJ) said in a Reuters report today.

KUALA LUMPUR (May 6): The Ministry of Finance (MoF) has reached an agreement with the banking industry to waive additional interest or profit charges for hire purchase (HP) loans and Islamic fixed-rate financing for the six-month moratorium period in conjunction with the Covid-19 pandemic.

KUALA LUMPUR (May 6): About 40,000 individuals surveyed by the Department of Statistics Malaysia (DOSM) said they had benefitted from the government’s economic stimulus package.

KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 50 basis points (bps) to 2%, a level last seen during the 2008-09 global financial crisis.

KUALA LUMPUR (May 4): As the federal government relaxes the movement control order (MCO) from today to allow nearly all economic sectors in the country to open for business, opposition leaders are calling for at least two weeks of a full parliamentary sitting, starting May 18, and not just one day.

KUALA LUMPUR (May 4): US President Donald Trump (pictured) said yesterday he “believes as many as 100,000 Americans” could perish in the Covid-19 pandemic after the death toll passed his earlier estimates, Reuters reported.

KUALA LUMPUR (May 4): State governments have the power to defer the federal government's directive to implement Conditional Movement Control Order (CMCO) effective today, according to lawyers.

KLANG: The Selangor government decided against allowing dine-ins at eateries in the state during the Conditional Movement Control Order (CMCO) period announced by Prime Minister Tan Sri Muhyiddin Yassin on May 1, various agencies reported today.