BNM cuts OPR by 25bps to record low of 1.75%
KUALA LUMPUR (July 7): Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR) by 25 basis points (bps) today to a record low of 1.
Human Resources Minister: Employers have to comply with new housing standards for workers
KUALA LUMPUR (July 7): Human Resources Minister M Saravanan (pictured) today reminded employers that they have comply with amendments to the Workers’ Minimum Standards of Housing and Amenities Act 1990 (Act 446), FMT reported today.
Paramount purchases land to expand Bukit Banyan township
PETALING JAYA (July 7): Paramount Corp Bhd purchased 137.
PM launches Census of Malaysia 2020
PUTRAJAYA (July 7): The Census of Malaysia 2020 was launched today by Prime Minister Tan Sri Muhyiddin Yassin (pictured), which will pave the way for the country’s future development planning for the next decade.
NCT inks MOU with Huawei Technologies on smart campus technology
KUALA LUMPUR (July 7): Property developer NCT Group has inked a Memorandum of Understanding (MoU) with Huawei Technologies Malaysia on a smart campus technology for NCT Group's projects.
Japan's Fujitsu to reduce office space by 50% over the next 3 years
KUALA LUMPUR (July 7): Fujitsu Ltd has announced plans to slash office space in Japan by 50% over the next three years, Bloomberg reported yesterday.
Will another OPR cut be of much help?
KUALA LUMPUR (July 7): Will the overnight policy rate (OPR) dip below 2%? Both households and business owners are waiting to see if Bank Negara Malaysia at its Monetary Policy Committee meeting today will trim OPR further to stimulate growth in current economic trying times.
Jho Low’s Viceroy L’Ermitage Beverly Hills hotel goes on sale: Report
KUALA LUMPUR (July 7): Fugitive businessman Jho Low’s Viceroy L’Ermitage Beverly Hills is being auctioned off north of US$100 million, with proceeds to be split between the governments of Malaysia and the United States.
Tokyo One Piece Tower Attraction closes down on July 31
TOKYO (July 6): The famous Tokyo One Piece Tower theme park attraction, which located in Tokyo Tower, will close permanently by end of the month as the business was badly hit by the Covid-19 pandemic, according to Oriental Daily report.
The first Drive-in cinema coming to Malaysia
PETALING JAYA (July 6): Malaysian will soon have the opportunity to watch a movie in the country’s first ever drive-in cinema, according to the China Press report.
