BNM keeps OPR at 1.75%, as expected
KUALA LUMPUR (March 4): Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.
Malaysian Association of Hotels welcomes relaxation of restrictions on business travellers
PETALING JAYA (March 4): The Malaysian Association of Hotels (MAH) has welcomed the move by the government to allow business travellers into the country with the relaxation of restrictions on business travellers, The Star reported today.
In landmark judgement, Federal Court rules political parties cannot sue individuals for defamation
PUTRAJAYA (March 4): In a landmark judgement, a seven-member Federal Court bench unanimously ruled today that political parties cannot sue an individual for defamation.
Advancecon bags RM14.6m ECRL subcontract
KUALA LUMPUR (March 3): Advancecon Holdings Bhd said yesterday it has been appointed a subcontractor for ground treatment works for Section 4 of the East Coast Rail Link (ECRL) project for RM14.
CBIP temporarily shuts plant in Telok Panglima Garang after 45 employees test positive for Covid-19
KUALA LUMPUR (March 2): CB Industrial Product Holdings Bhd (CBIP) said today its wholly-owned PalmitEco Engineering Sdn Bhd (PESB) has shut its manufacturing facility in Selangor until March 11, after 45 of its employees tested positive for Covid-19.
MITI: Malaysia records RM164b of total approved investments in 2020 amid global pandemic
KUALA LUMPUR (March 2): Amid challenging global economic environment due to the Covid-19 pandemic, Malaysia recorded a total of RM164 billion in approved investments through 4,599 projects in the manufacturing, services and primary sectors in 2020, according to the International Trade and Industry Ministry (MITI).
Court of Appeal rejects Shafee's bid to introduce ex-AG's affidavit as evidence to recuse Sri Ram from prosecuting him
KUALA LUMPUR (March 1): Senior lawyer Tan Sri Muhammad Shafee Abdullah today failed in his application to introduce new evidence — an affidavit by former Attorney-General (AG) Tan Sri Mohamed Apandi Ali — in his bid to recuse former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution in his RM9.
LBS founder retires, Lim Hock San appointed as chairman
PETALING JAYA (March 1): LBS Bina Group Bhd has appointed managing director Tan Sri Lim Hock San to succeed Datuk Seri Lim Bock Seng as the group’s executive chairman, effective today.
EPF assets hit RM1.02 trillion but 30% may have zero balance in Account 1, 60% for Account 2
KUALA LUMPUR (Feb 27): Despite higher withdrawals amid the pandemic, the “market value” of the Employees Provident Fund (EPF)’s total investment assets hit RM1.
CEO: EPF members should have a say on dividend — tiered or single
KUALA LUMPUR (Feb 27): Members saving their retirement fund with the Employees Provident Fund (EPF) should have a say if there is a change in the existing way dividends are being paid annually to a tiered structure, its outgoing CEO Tunku Alizakri Alias (pictured) said.
