Umno secretary-general defends Parliament sitting postponement
KUALA LUMPUR (March 4): Umno secretary-general Tan Sri Annuar Musa (pictured) has clarified that there are various reasons for the Parliament sitting to be postponed.
SRC trial: Afternoon session sees MIC legal advisor take witness stand
KUALA LUMPUR (March 4): The SRC International Sdn Bhd trial today, which is nearing the conclusion of the defence stage, will see MIC legal advisor Selva Mookiah take the witness stand.
Eden Inc gets compensation for ECRL land sale
KUALA LUMPUR (March 4): Eden Inc Bhd said today the diversified company had on Friday (Feb 28) received compensation amounting to RM16.
Tengku Adnan applies for in-camera proceedings for RM2m corruption trial
KUALA LUMPUR (March 4): Datuk Seri Tengku Adnan Tengku Mansor had today applied for in-camera proceedings involving his RM2 million corruption trial at the High Court here because sensitive information on his asset declaration will be revealed.
Ku Nan used own money first to fund Umno before receiving RM2m 'donation'
KUALA LUMPUR (March 4): Umno treasurer Datuk Seri Tengku Adnan Tengku Mansor told the court today that he had used his own money first to fund his party in two by-elections in 2016 before being reimbursed a RM2 million cheque by businessman Tan Sri Chai Kin Kong.
Economists divided on whether BNM will cut rate next round
KUALA LUMPUR (March 4): Economists are divided on whether Bank Negara Malaysia (BNM) will have another rate cut by next year, after the central bank reduced the overnight policy rate (OPR) by 25 basis points to 2.
Public Bank and Public Islamic Bank to reduce base rate by 0.25%
KUALA LUMPUR (March 4): Public Bank will reduce its base rate (BR) and base lending rate (BLR) / base financing rate (BFR) by 0.
OPR down to 2.5% for first time in a decade
KUALA LUMPUR: As the COVID-19 outbreak continues to grow, Bank Negara Malaysia (BNM) yesterday announced another cut of 25 basis points (bps) in the overnight policy rate (OPR), marking the first time in 10 years that the rate has been reduced to 2.
RHB IB: BNM appears to indicate no further rate cuts unless GDP trajectory is disrupted
KUALA LUMPUR (March 4): RHB Investment Bank Bhd Research said Bank Negara Malaysia’s (BNM) monetary policy committee statement appeared to indicate no further rate cuts unless the GDP growth trajectory is disrupted.
Dr M rejects Muhyiddin’s claim that country's crisis started when the former resigned as PM
KUALA LUMPUR (March 3): Tun Dr Mahathir Mohamad has denied Prime Minister Tan Sri Muhyiddin Yassin’s claim that the political crisis in the country started when the former resigned as prime minister.
