Genting Malaysia to cut 15% of its workforce: Report
KUALA LUMPUR (June 17): Casino-to-hospitality company Genting Malaysia Bhd is cutting 3,000 jobs, according to people familiar with the matter in a Bloomberg report today.
YNH bucks property index drop ahead of 1Q report
KUALA LUMPUR (June 17): YNH Property Bhd's share price climbed as much as 18 sen or 5.
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1MDB audit tampering trial: High Court sets June 24 to hear submissions on prosecution's amendment of charges
KUALA LUMPUR (June 17): The High Court has set June 24 to hear the submissions of both parties in the 1Malaysia Development Bhd (1MDB) audit tampering trial following the prosecution's application to amend the charges levelled against former prime minister Datuk Seri Najib Abdul Razak and former 1MDB president and CEO Arul Kanda Kandasamy.
Witness: Zahid told me to issue tahfiz donation cheque in law firm's name
KUALA LUMPUR (June 17): A businessman said he was informed by Datuk Seri Dr Ahmad Zahid Hamidi that if he wished to donate to a tahfiz (religious school) run by the former deputy prime minister, he should issue the cheque in the name of law firm Lewis & Co.
YTL Corp's quarterly net profit down 66% as business hit by Covid-19
KUALA LUMPUR (June 17): YTL Corp Bhd's net profit for the third quarter ended March 31, 2020 dropped 66% to RM29.
Ex-govt chief sec Ali Hamsa says Nor Salwani's recording of audit meeting 'unethical'
KUALA LUMPUR (June 16): The action of National Audit Department (NAD) director (governance sector) Datuk Nor Salwani Muhammad, who had recorded the Feb 24, 2016 meeting of top government officials without their knowledge, could be deemed as unethical, according to former chief secretary to the government Tan Sri Ali Hamsa.
Hong Kong to allow public gatherings of up to 50 people and scrap patron limits on restaurants
PETALING JAYA (June 17): Hong Kong will dramatically ease social-distancing measures this week, allowing public gatherings of up to 50 people and the resumption of wedding banquets as the city keeps a lid on coronavirus infections, the South China Morning Post reported yesterday.
Covid-19: Malaysia records highest single-day jump in recoveries of 333, active cases drop to 651
KUALA LUMPUR (June 16): Malaysia reported its highest single-day jump in Covid-19 recoveries to 333 cases today, far outpacing the 11 new infections reported, lowering the number of active cases in the country to 651.
Genting Malaysia to reopen Kijal and Langkawi resorts
KUALA LUMPUR (June 16): Genting Malaysia Bhd announced today that the casino and hotel operator's Resorts World Kijal and Resorts World Langkawi will reopen on Thursday (June 18).
