Covid-19 puts the brakes on Malaysia's theme park ambitions
KUALA LUMPUR (July 25): The theme park industry in Malaysia has been greatly impacted by the Covid-10 pandemic.
Malls: Footfall recovery a month into RMCO, says report
KUALA LUMPUR (July 25): Local malls are seeing a rise in activity again, with some experiencing a recovery in “footfall” a month into the Recovery MCO (RMCO), reported The Edge Malaysia.
MoF says Goldman Sachs pays record US$3.9b settlement in relation to 1MDB, confirms The Edge report
KUALA LUMPUR (July 24): The Ministry of Finance has announced that Goldman Sachs has agreed to pay a record US$3.
Legal challenge by Dr M, four others against Speaker appointment fixed for Aug 11 case management
KUALA LUMPUR (July 23): The High Court has fixed Aug 11 for case management of an originating summons filed by former premier Tun Dr Mahathir Mohamad and four others against the Dewan Rakyat Speaker and his deputies, over the legality of their appointments to the posts.
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BNM: Loan 'restructuring and rescheduling' upon repayment moratorium expiry
KUALA LUMPUR (July 24): Bank Negara Malaysia (BNM) has told analysts that upon expiry of the loan repayment moratorium by end-September 2020, banks in the country will not extend the scheme but will continue to offer targeted financial assistance in the form of restructuring and rescheduling (R&R) to borrowers who continue to face repayment issues.
MACC's stay application denied, paving way for release of alleged 1MDB-linked money to Jakel Trading
KUALA LUMPUR (July 24): The High Court today dismissed the Malaysian Anti-Corruption Commission's (MACC) application for a stay of execution of a ruling that would lead to the release of RM10.
Residents worried about road safety after sinkhole in Sri Hartamas grows bigger
KUALA LUMPUR (July 24): Residents living around Jalan Sri Hartamas 1 in Sri Hartamas, Kuala Lumpur, are worried for their safety after seeing a small sinkhole at the main road grow bigger to block part of the road.
Ku Nan's RM1m graft trial to resume in November
KUALA LUMPUR (July 24): The High Court today fixed Nov 23 and 24 for the resumption of formal federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's (pictured) RM1 million graft trial.
MACC fails in RM100,000 forfeiture suit against Kasitah
KUALA LUMPUR (July 24): The prosecution, namely the Malaysian Anti-Corruption Commission (MACC), has failed to forfeit RM100,000 from former land and cooperative development minister Tan Sri Kasitah Gaddam, which he allegedly received from former prime minister Datuk Seri Najib Razak from ill-gotten money.
