UMW Holdings posts stronger 4Q with disposal gain
KUALA LUMPUR (Feb 27): UMW Holdings Bhd's net profit for the fourth quarter ended Dec 31, 2019 (4QFY19) jumped 11 times to RM200.
Samenta: Stimulus package zeroes in on affected sectors
KUALA LUMPUR (Feb 27): The Small and Medium Enterprises Association (Samenta) noted that the government’s economic stimulus package unveiled today has provided numerous relief to the tourism, hotels and transportation sectors, which are affected by the COVID-19 pandemic.
Umno orders division chiefs to start gearing up for snap election
KUALA LUMPUR (Feb 27): Umno said today it has ordered its division chiefs to mobilise the party’s election machinery in preparation for a possible snap election.
Supreme council member Redzuan Yusoff: Bersatu '100%' backs Muhyiddin for PM
KUALA LUMPUR (Feb 27): Parti Pribumi Bersatu Malaysia (Bersatu) supreme council member Redzuan Yusoff has stated that the party will "100%" back its president Tan Sri Muhyiddin Yassin (pictured) as prime minister.
SRC Trial: MACC officer confirms authenticity of donation letter from Saudi prince
KUALA LUMPUR (Feb 27): A Malaysian Anti-Corruption Commission (MACC) investigating officer confirmed in the High Court today the authenticity of four letters linked to an alleged donation that the Saudi Arabia royals had given former Prime Minister Datuk Seri Najib Razak.
BNM shares details on RM3.3b financing to support for SMEs impacted by COVID-19
KUALA LUMPUR (Feb 27): Bank Negara Malaysia said today that the RM3.
Hotel association: Economic stimulus package addresses main concerns
KUALA LUMPUR (Feb 27): The Malaysian Association of Hotels (MAH) says the RM20 billion economic stimulus package bodes well for the local hospitality industry as it addresses the association’s two main concerns directly — to ease cash flow and financial burden as well as to drive tourism.
Dr M: Malaysia can tap RM2 trillion savings to further stimulate economy
PUTRAJAYA (Feb 27): Malaysia has the flexibility to further tap RM2 trillion worth of savings in the country to help counter the negative impact of the COVID-19 outbreak.
Dr M confirms agreeing to return as Bersatu chairman
KUALA LUMPUR (Feb 27): Interim Prime Minister Tun Dr Mahathir Mohamad (pictured) confirmed today that he has agreed to return to his post as chairman of Parti Pribumi Bersatu Malaysia (Bersatu).
Dr M: Dewan Rakyat will meet on March 2 to determine who has support to be next PM
KUALA LUMPUR (Feb 27): Interim prime minister Tun Dr Mahathir Mohamad (pictured) said today Parliament will convene a special meeting on Monday, March 2, to decide on the prime ministership.
