BNM cuts OPR to 2.75% in pre-emptive measure to secure improving growth trajectory
KUALA LUMPUR (Jan 22): Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) has reduced the overnight policy rate (OPR) to 2.
My request to expedite approval of KWAP loan wasn't an order, says Najib
KUALA LUMPUR (Jan 22): Datuk Seri Najib Abdul Razak agreed that he had asked former Treasury secretary-general Tan Sri Dr Wan Abdul Aziz Wan Abdullah to expedite the first RM2 billion loan that Retirement Fund Inc (KWAP) granted to SRC International Sdn Bhd in 2011.
MPHB's appeal over Pengerang refinery land acquisition dismissed
PUTRAJAYA (Jan 22): The Federal Court's five-member bench yesterday dismissed MPHB Capital Bhd wholly-owned subsidiary Kelana Megah Sdn Bhd's final appeal over the acquisition of its land by the Johor state government and Petroliam Nasional Bhd (Petronas) to host the Petronas Refinery and Petrochemical Integrated Development (Rapid) project.
ATTA Global confirms police raid on its premises, says operations will be 'substantially affected'
KUALA LUMPUR (Jan 22): ATTA Global Group Bhd confirmed yesterday that the suspension of trading of its shares was due to a police raid at its premises in the Prai Industrial Estate in Penang on Jan 16.
Mudajaya bags RM32m contract to supply street lighting for SUKE
KUALA LUMPUR (Jan 22): Mudajaya Group Bhd has bagged a RM31.
Honda, Toyota recall 6m vehicles around the world over airbag issue
PETALING JAYA (Jan 22): Two different air bag glitches prompted Toyota and Honda to recall over 6 million vehicles around the world, Associated Press reported today.
Court allows Najib to call handwriting expert, prosecution to call witness for rebuttal
KUALA LUMPUR (Jan 22): The High Court today allowed former premier Datuk Seri Najib Razak to call an Australian expert witness to examine 13 questionable documents.
SRC trial : High Court to decide whether to grant Najib's request for handwriting expert
KUALA LUMPUR (Jan 22): High Court Judge Justice Mohd Nazlan Mohd Ghazali is expected to deliver his ruling today on whether to grant former prime minister Datuk Seri Najib Razak's request for a handwriting expert to examine 13 purported contemperoneous documents containing his signature.
UDA Holdings to roll out homes targeted at young homebuyers
PETALING JAYA (Jan 21): UDA Holdings Bhd may launch at least five residential projects targeting young urban income earners this year.
Najib approved govt guarantee for second RM2b KWAP loan even after SRC did nothing with first loan
KUALA LUMPUR (Jan 21): Former Prime Minister Datuk Seri Najib Abdul Razak testified in court today that although there were no solid developments following SRC International Sdn Bhd's first Retirement Fund Inc (KWAP) RM2 billion loan, he had agreed to a government guarantee for second RM2 billion loan to the company.
