Johore Tin unit to buy 29-acre land in Kapar for RM44m
KUALA LUMPUR (Feb 12): Johore Tin Bhd said its wholly-owned unit Able Dairies Sdn Bhd has proposed to acquire a piece of land measuring 29.
After 4Q19 economic slowdown, OCBC expects another OPR cut in March
KUALA LUMPUR (Feb 12): OCBC Bank Research is expecting Malaysia to cut interest rate further this March, after a recent one in January, following lower-than-expected GDP growth during the fourth quarter of last year (4Q19), that could slow further this quarter (1Q2020), due to the 2019 novel coronavirus (COVID-19) outbreak.
Sunway-linked Elite Commercial REIT rises up to 7.4% in Singapore market
KUALA LUMPUR (Feb 12): Elite Commercial Real Estate Investment Trust (REIT), which made its debut on the Singapore Exchange last Thursday as the first UK-focused REIT, has risen by as much as 7.
Johor-based Singapore PR among two new coronavirus cases in island republic
KUALA LUMPUR (Feb 12): Singapore health authorities have reported two more cases of the novel coronavirus (COVID-19), reported the TODAY digital news provider.
WHO: Be prepared for possibility of wider COVID-19 transmission
KUALA LUMPUR (Feb 12): The World Health Organisation (WHO) has advised all countries, including Malaysia, to prepare for “the possibility of a wider transmission of COVID-19”.
Penang told not to start PSR project pending appeal
GEORGE TOWN (Feb 12): Non-governmental organisation Penang Forum said the Penang state government should delay the Penang South Reclamation (PSR) project pending an appeal case against the project, the Malay Mail reported today.
PKR disciplinary board: Zuraida has until Feb 20 to attend hearing
KUALA LUMPUR (Feb 12): The PKR disciplinary board has rejected vice-president Zuraida Kamaruddin’s (pictured) request for a postponement of the hearing against her, reports say today.
Rosmah refuses to leave accused dock during lunch break, prompting early adjournment
KUALA LUMPUR (Feb 12): Datin Seri Rosmah Mansor caused a stir after refusing to leave the accused dock when her graft trial went into recess for lunch today.
COVID-19 outbreak will affect Malaysia’s growth, says BNM Governor
KUALA LUMPUR (Feb 12): Malaysia’s economic growth will be affected by the COVID-19 outbreak, particularly in the first quarter of 2020 (1Q20), said Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus (pictured).
MARGMA: No critical shortage of medical gloves
KUALA LUMPUR (Feb 12): The Malaysian Rubber Glove Manufacturers Association (MARGMA) is allaying fears of a critical shortage of medical gloves, as China and other countries battle the Wuhan virus, saying its members are ramping up production to meet demand.
