WHO spokesman: Banknotes may transmit COVID-19
KUALA LUMPUR (March 4): The World Health Organization has “warned” that banknotes may transmit the virus causing COVID-19, reported the UK-based Telegraph yesterday.
Ku Nan rages in court over RM900m asset revelation after private hearing bid rejected
KUALA LUMPUR (March 4): Datuk Seri Tengku Adnan Tengku Mansor’s (pictured) application to have his asset declarations be heard in-camera was rejected by the High Court judge Mohamed Zaini Mazlan.
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.
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.
Jho Low denied knowing anything about Najib’s Ambank account
KUALA LUMPUR (March 3): Fugitive businessman Low Taek Jho (Jho Low) had in 2015 declared that he had nothing to do with former prime minister Datuk Seri Najib Abdul Razak’s bank accounts.
Jho Low associate claims unaware of RM32m recipient identity
KUALA LUMPUR (March 3): Former Putrajaya Perdana Bhd (PPB) group executive director Jerome Lee Tak Loong said he did not know who received two cash transfers totalling RM32 million paid from the company’s accounts in 2014.
