Rosmah graft trial: Saidi told me RM5m was for 'RM', says witness
KUALA LUMPUR (Feb 20): A business man was told that RM5 million withdrawn from a Maybank branch here in December 2015 was for "RM", the High Court heard today.
Despite MoF official’s ‘bold and strong advice’ to PM against RM1.25b project, letter of approval issued
KUALA LUMPUR (Feb 20): A Finance Ministry official told the High Court that despite giving “bold and strong” advice to then-prime minister and finance minister Datuk Seri Najib Abdul Razak, the Education Ministry decided to go ahead with the issuance of the letter of approval to Jepak Holdings Sdn Bhd for the solar hybrid project in late 2016.
Flight MH370: 'No firm proof about pilot'
KUALA LUMPUR (Feb 20): The Malaysian authorities did examine the possibility of a criminal plot behind the disappearance of the Malaysia Airlines Flight MH370, said the then prime minister Datuk Seri Najib Razak, but did not make the suspicions public as the plane’s recorders had not been found.
Property summit postponed
KUALA LUMPUR (Feb 20): The 13th Malaysian Property Summit scheduled to be held on Feb 26, 2020 at Sunway Resort Hotel & Spa, Bandar Sunway has been postponed to Wednesday June 24, 2020 owing to concerns over the COVID-19 outbreak.
Affin Hwang: Malaysia's slower GDP growth in 4Q19 likely to continue into 1Q20
KUALA LUMPUR (Feb 20): Malaysia’s sharp economic slowdown in the fourth quarter of 2019 (4Q19) will likely continue into 1Q20 amid the COVID-19 outbreak, impacting consumer and business sentiment, according to Affin Hwang Capital Research.
COVID-19: Mainland China death toll tops 2,100
KUALA LUMPUR (Feb 20): The COVID-19 death toll across Mainland China rose to 2,118 as of Wednesday (Feb 19) after 114 new fatalities were recorded, said the Embassy of the People's Republic of China in Malaysia, citing China's National Health Commission updates.
Prosecution witness in Zahid's trial treated as hostile for contradictory statements
KUALA LUMPUR (Feb 19): The High court today allowed a witness in the corruption trial of Former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi to be treated as hostile by the prosecution because of discrepancies between his written statement and testimony.
Damansara Realty 4Q net profit falls amid higher costs and expenses
KUALA LUMPUR (Feb 19): Damansara Realty Bhd's fourth quarter net profit shrank 15.
Widad acquires UiTM Jasin concession for RM127m
KUALA LUMPUR (Feb 19): Widad Group Bhd is taking over the entire 100% stake in Serendah Heights Sdn Bhd (SHSB), the ultimate owner of a concession to develop and maintain the Universiti Teknologi Mara (UiTM) campus in Jasin, Melaka, for RM127.
