Zahid trial: Datasonic secured passport chip contract despite unsatisfactory record
KUALA LUMPUR (Feb 13): Datasonic Group Bhd’s subsidiary, Datasonic Technologies Sdn Bhd (DTSB), managed to secure an RM318.
KL-Singapore HSR to be revived in the 'short term', says Fitch
SINGAPORE (Feb 12): The KL-Singapore high speed rail (HSR) project, which was suspended, following a change in the Malaysian government nearly two years ago, might be revived in the short term, instead of suffering from outright cancellation, says Fitch Solutions Marco Research in a Feb 12 note.
Tiger Synergy plans to raise up to RM80m via rights issue, private placement
KUALA LUMPUR (Feb 12): Tiger Synergy Bhd plans to raise up to RM29.
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.
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.
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.
