BNM appoints Marzunisham Omar as deputy governor, Norhana Endut as assistant governor
KUALA LUMPUR (June 12): Marzunisham Omar was today named as a deputy governor of Bank Negara Malaysia (BNM) for a three-year term, effective June 15.
Volvo Car Malaysia releases new price list for all Volvo CKD models
KUALA LUMPUR (June 12): Volvo Car Malaysia today released its new price list for all Volvo completely knocked-down (CKD) models which exclude sales tax, effective June 15 to Dec 31, 2020.
KuNan's RM1m graft trial on hold pending prosecution appeal at Federal Court
KUALA LUMPUR (June 12): Former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's (pictured) RM1 million corruption case will come up for case management on July 24 pending the prosecution's application to stay proceedings pending an appeal at the Federal Court.
NFC trial delayed to Sept 1 after govt sought time to study expert reports
KUALA LUMPUR (June 11): The resumption of the hearing of the government’s RM250 million civil suit against National Feedlot Corp Sdn Bhd (NFC), its chairman Datuk Seri Dr Mohamad Salleh Ismail and nine others, has been postponed to Sept 1.
List of businesses and activities allowed under Recovery MCO until Aug 31
KUALA LUMPUR (June 7): The conditional movement control order (CMCO) will end as scheduled on Tuesday (June 9), with the recovery movement control order (RMCO) slated to take place from June 10 to Aug 31.
Penjana looks to reinvigorate tourism sector with RM1b financing support and RM1.8b tax breaks
KUALA LUMPUR (June 5): To rouse the sluggish tourism industry out of its pandemic-induced lethargy, Prime Minister Tan Sri Muhyiddin Yassin announced today that the Government has allocated RM1 billion to finance transformation initiatives by SMEs in the tourism sector.
Banks offer additional RM2b SME loans at 3.5% subsidised rate
KUALA LUMPUR (June 5): Besides loan moratorium, banks are offering an additional RM2 billion under the Penjana SME Financing to assist SMEs adversely impacted by Covid-19.
Penjana economic package: No sales tax on locally-assembled cars purchased between June and end-December
KUALA LUMPUR (June 5): The 10% sales tax on complete knock down (CKD) passenger vehicles will be waived while the tax on completely built-up (CBU) passenger vehicles will be halved to 5%, said Prime Minister Tan Sri Muhyiddin Yassin.
Three-month extension for wage subsidy programme
KUALA LUMPUR (June 5): Prime Minister Tan Sri Muhyiddin Yassin today announced that the government will allocate an additional RM5.
1MDB-Tanore trial vacated to make way for last leg of SRC, to resume on June 29
KUALA LUMPUR (June 4): The 1MDB-Tanore trial will resume on June 29 as it has been vacated today to make way for the last leg of the SRC International Sdn Bhd trial.
