Boustead Holdings 1Q in the red
KUALA LUMPUR (May 31): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a net loss of RM22.
Kimlun 1Q net profit up 26% to RM15.9m
KUALA LUMPUR (May 31): Kimlun Corp Bhd’s net profit for the first quarter ended March 31, 2019 (1QFY19) rose 26% to RM15.
Retail fuel prices to be kept unchanged from June 1 till June 14
KUALA LUMPUR (May 31): The Ministry of Finance announced today that retail fuel prices will stay unchanged in the upcoming fortnight, from June 1 till June 14, in conjunction with the Hari Raya Aidilfitri celebrations.
Human Rights Watch: Jho Low happy to benefit from human rights abuses when it suited his personal interests
The Human Rights Watch (HRW) has said that it is hypocritical for Low to denounce Mahathir for human rights abuses when Low was more than happy to benefit from human rights abuses when it suited his personal interests.
EPF records lower income of RM9.66b for 1Q19
KUALA LUMPUR (May 31): The Employees Provident Fund's (EPF) investment income for the first quarter ended March 31, 2019 (1Q19) dipped to RM9.
Jho Low — Family home seizure a low blow
KUALA LUMPUR (May 31): Fugitive businessman Low Taek Jho, more popularly known as Jho Low, disseminated this open letter to the media through his public relations firm after the High Court ruled that parties claiming to have interest in any of the RM31 million worth of 1Malaysia Development Bhd (1MDB)-related assets which were seized by the government, have until Aug 30 to challenge the assets forfeiture.
S P Setia records 11th Gold win at FIABCI Prix d’Excellence Awards 2019
MOSCOW (May 31): S P Setia Bhd has bagged its 11th Gold of the FIABCI World Prix D’Excellence Awards 2019, held in Moscow, Russia on Thursday evening.
Guan Eng: Entry to US currency watchlist highlights Malaysia’s economic strength
KUALA LUMPUR (May 30): The inclusion of Malaysia in the US Department of Treasury’s watchlist actually highlights the strength of the nation’s economy, as the list includes other major trading economies as well, said Finance Minister Lim Guan Eng “While the US Treasury has included Malaysia into its expanded Monitoring List of Potential Currency Manipulator, the report does not name Malaysia as a currency manipulator.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
Jho Low’s luxury New York condos to be sold
PETALING JAYA (May 30): Two luxury condominiums belonging to Jho Low, allegedly bought with money stolen from 1Malaysia Development Bhd (1MDB) are to be sold as part of U.
