Economists see no OPR cuts just yet
KUALA LUMPUR (July 9): Bank Negara Malaysia (BNM) is unlikely to cut interest rate when the monetary policy committee meets today.
KUALA LUMPUR (July 9): Bank Negara Malaysia (BNM) is unlikely to cut interest rate when the monetary policy committee meets today.
KUALA LUMPUR (July 8): The High Court has fixed July 31 for case mention of the government's civil forfeiture suit against OBYU Holdings Sdn Bhd to recover RM680 million worth of goods and property, during which the company would inform the court on its decision to challenge the gazette of the forfeiture notice.
KUALA LUMPUR (July 8): The Inland Revenue Board of Malaysia (IRB)'s special voluntary disclosure programme (SVDP) has as at June 23 this year induced 486,360 taxpayers to reveal their undeclared income to the government, according to the Ministry of Finance (MoF).
KUALA LUMPUR (July 8): The prosecution has argued that none of the money that were transferred from SRC International Sdn Bhd's bank account went into former managing director Nik Faisal Nik Ariff Kamil's bank account, despite the defence's assertions that witness Datuk Suboh Md Yassin's signatures on the bank transfer documents were forged by Nik Faisal.
KUALA LUMPUR (July 8): Malaysia will not implement local government elections until the Cabinet decides on the matter by end of this year, says Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad Baharuddin Shah today.
KUALA LUMPUR (July 8): Kenari Maluri Sdn Bhd — a company which claims to represent the majority of Semantan Estates (1952) Sdn Bhd's shareholders — has today been allowed by the High Court here to intervene in Semantan Estates' judicial review application.
PETALING JAYA (July 8): The proposed acquisition of four toll concessionaires will save billions of ringgit for taxpayers and highway users, while providing shareholders of the toll concessionaires a limited but reasonable return on their investment to ensure the stability of the fragile financial markets The finance minister issued two separate statements on June 22 and 26, 2019 to explain the benefits and rationale of the proposed offer to acquire four highway concessionaires (LDP, SPRINT, Kesas and SMART) by the government.
KUALA LUMPUR (July 8): Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial involving the misappropriation of RM2.
KUALA LUMPUR (July 6): They are called the Badar squad and they are a vigilante moral policing group.
MELAKA (July 6): Photos of a large lizard climbing the gate of a terraced house have residents here fearing reptilian invasions of their homes.