CIMB announces 25bps rate adjustments after OPR cut

KUALA LUMPUR (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd are reducing their base rate and fixed deposit rate/fixed return income account-i board rates by 25 basis points, in line with the overnight policy rate cut announced by Bank Negara Malaysia on Tuesday.

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COVID-19 case No. 26 issues statement to explain what happened

KUALA LUMPUR (March 6): UDA Holdings chairman Datuk Hisham Hamdan — who is the 26th confirmed case of Covid-19 in the country and has been linked to 16 other infections — has issued a statement to explain the facts of his particular circumstance, following various news reports on his case.

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Latheefa: I released recordings to stop officials from engaging in criminal activity

KUALA LUMPUR (March 6): Malaysian Anti-Corruption Commission chief commissioner Latheefa Koya said she released audio recordings allegedly related to the dealings of 1Malaysia Development Bhd (1MDB) and its former subsidiary SRC International Sdn Bhd, involving former premier Datuk Seri Najib Abdul Razak so that officials from the MACC, Attorney-General’s Chambers and the Prime Minister’s Office would never again be involved in criminal activity.

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