BNM declines to comment on market talk of governor's resignation
KUALA LUMPUR (June 5): Bank Negara Malaysia (BNM) declined to comment on strong market talk that governor Tan Sri Muhammad Ibrahim (pictured) has submitted his resignation.
Commercial banks to reduce GST rate to 0% tomorrow — ABM
KUALA LUMPUR (May 31): Commercial banks in Malaysia will reduce the goods and services tax (GST) rate to 0% tomorrow (June 1), from 6% at present.
Boustead swings to RM 6.1m profit in 1Q, declares 2.5 sen dividend
KUALA LUMPUR (May 31): Boustead Holdings Bhd returned to the black in the first quarter ended March 31, 2018 (1QFY18) after posting a net profit of RM6.
UOB Kay Hian: Market taken aback by surprise MRT3 cancellation
KUALA LUMPUR (May 31): The cancellation of the third mass rapid transit line (MRT3) has caught investors by surprise and subsequently precipitated another broad market meltdown, which had fallen by the biggest single-day drop since 2008, according to UOB Kay Hian Securities (M) Sdn Bhd.
RM40b MRT3 project scrapped, says PM
PUTRAJAYA (May 30): The government is scrapping the third mass rapid transit line (MRT3) project, which is estimated to cost up to RM40 billion to build, Prime Minister Tun Dr Mahathir Mohamad said today.
Gamuda falls 6.05% after HSR scrapped and rating downgraded
KUALA LUMPUR (May 30): Gamuda Bhd shares fell 6.
BNM overpaid in RM2b MoF land deal, said sources
PETALING JAYA (May 30): Bank Negara Malaysia (BNM) is believed to have overpaid for a 67.
Bank Negara Malaysia says 'extended comprehensive information' on land transaction to MACC
KUALA LUMPUR (May 24): Bank Negara Malaysia (pictured) said it has extended comprehensive information on the central bank's land transaction to the Malaysian Anti-Corruption Commission (MACC) for the MACC's complete and independent review.
WSJ: Money from Bank Negara land deal used to pay IPIC
KUALA LUMPUR (May 24): Money used to pay off US$500 million (RM1.
No more landbanking activities seen for Hua Yang
Hua Yang Bhd (May 23, 45 sen) Maintain market perform with a lower target price (TP) of 47 sen: Hua Yang Bhd’s core net profit (CNP) for its financial year 2018 (FY18) ended March 31, 2018 of RM4.
