Report: Covid-19 cases ‘emerging’ in some in schools
KUALA LUMPUR (March 10): Covid-19 cases “are emerging in some schools” just less than two weeks after they reopened on March 1, the New Straits Times (NST) reported today.
Developers turning more upbeat about property sector — Maybank IB Research
KUALA LUMPUR (March 5): Maybank Investment Bank Research (Maybank IB Research) said today the worst is over for the property sector as it believes the sector should continue to be driven by a better economic outlook, historically low interest rate environment and pent-up demand.
Economists no longer expect BNM to cut rate anytime soon
KUALA LUMPUR (March 5): Economists no longer expect another rate cut after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 1.
BNM keeps OPR at 1.75%, as expected
KUALA LUMPUR (March 4): Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.
Bukit Aman to investigate Zeti’s husband for allegedly receiving 1MDB funds
KUALA LUMPUR (March 3): Bukit Aman (pictured) said today that it has begun investigations into Datuk Dr Tawfiq Ayman for allegedly receiving funds linked to 1Malaysia Development Berhad (1MDB) in a Singapore bank account under his name.
AmBank's RM2.83b settlement to govt on 1MDB matters negotiated in just 'a few days', bank tells analysts
KUALA LUMPUR (March 2): AMMB Holdings Bhd (AmBank) was only given "a few days" to negotiate the recently announced RM2.
Pua urges MoF to focus on claims against former 1MDB auditors after settlement with AmBank
KUALA LUMPUR (March 1): DAP’s Tony Pua has lauded the Ministry of Finance (MoF) for completing the RM2.
Hotels struggling to stay afloat on highly volatile domestic market
Over the weeks since the second Movement Control Order (MCO) was reinstated almost nationwide on Jan 13, 2021, news of hotels doing the “impossible” have been reported by the media.
DONE DEAL: Townhouse at Tropical Villa, Seri Kembangan, Selangor
Read also DONE DEAL: Double-storey shophouse at Bandar Baru UDA, Johor Bahru, Johor DONE DEAL: Bungalow house at TTDI Hills, TTDI, Kuala Lumpur Developed and completed by B&G Tropical Sdn Bhd in 2017, Tropical Villa consists of 64 villa-style townhouses on a 2.
Banks unlikely to deliver stellar results for 4Q20
KUALA LUMPUR (Feb 23): Higher provisioning is expected to have a weakening effect on Malaysian banks' profitability in the fourth quarter of 2020 (4Q20), due to be released this week, given the need to cushion the economic and financial shocks from the Covid-19 pandemic.
