IMF: Malaysian economy is set to recover in 2021, growth projected at 6.5%
KUALA LUMPUR (March 18): The Malaysian economy is set to recover in 2021, with growth projected at 6.
Malaysia's richest tycoons and the billions in dividends they earned in the final quarter of 2020
KUALA LUMPUR (March 18): Eight of Malaysia's top 10 richest tycoons — based on Forbes' 2020 billionaires list — earned a whopping RM1.
Covid-19: 12 new clusters detected, including Subang Dua cluster in Selangor with 153 infections
KUALA LUMPUR (March 17): Twelve new Covid-19 clusters have been identified, of which eight are linked to workplaces, two are community infections while one each is related to a detention centre and an imported case, said Health director-general Tan Sri Dr Noor Hisham Abdullah.
Cattle farmer NFC would be worth RM95 million had it remained in operation, says expert witness
KUALA LUMPUR (March 17): National Feedlot Corp Sdn Bhd's (NFC) net worth would be between RM85 and RM95 million if it was still in operation today, an expert witness told the court in the trial between the cattle farmer, its chairman Datuk Seri Dr Mohamad Salleh Ismail and nine others.
Here’s the list of PEMERKASA initiatives for tourism, retail and Covid-19 affected sectors
KUALA LUMPUR (March 17): The government has introduced new initiatives and extended existing ones for tourism, retail and other sectors that are affected by Covid-19 under the PEMERKASA stimulus package announced by Prime Minister Tan Sri Muhyiddin Yassin today.
Highlights of M'sian govt's additional stimulus measures to drive growth
KUALA LUMPUR (March 17): The Malaysian government today announced additional stimulus measures to oil the wheel of economic growth.
Covid-19: Malaysia’s new cases rise to 1,219 with two more deaths
KUALA LUMPUR (March 17): Malaysia today registered 1,219 new Covid-19 cases, a slight increase from the 1,063 reported yesterday, yet marking the 12th consecutive day that new cases stayed below the 2,000 mark.
Interstate travel still not allowed
PUTRAJAYA (March 17): Interstate travel is still not allowed for most parts of the country even as more areas are designated as green zones and a few more states coming under the recovery movement control order (MCO) in the fight against the Covid-19 pandemic, The Star reported today.
High Court fixes Sept 6-7 to hear govt’s bid to bar Tarek Obaid, PetroSaudi from accessing over US$340m 1MDB-linked funds in UK
KUALA LUMPUR (March 17): The High Court here today has fixed Sept 6-7, 2021 to hear the prohibition order application by the Malaysian government against PetroSaudi International Ltd (PSI) and Saudi businessman Tarek Obaid from using over US$340 million (RM1.
Malaysia needs strong reforms to boost long-term growth — World Bank
KUALA LUMPUR (March 16): Malaysia, which is on the verge of crossing the high-income nation threshold, needs to implement strong reforms by investing in human capital, increasing female force participation and implementing policy changes that improve productivity growth to boost the country's economic growth in the long run, according to the World Bank.
