News about om

KUALA LUMPUR (June 15): Malaysia’s unemployment rate in April 2020 spiked to 5% — the highest since 1990 — as unemployed persons went up 48.

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.

Despite the substantial losses of lives and livelihoods in fire mishaps, the fire safety awareness among Malaysians remain slow.

KUALA LUMPUR (June 12): The Berjaya Tioman Resort on Pulau Tioman in Pahang has announced that it will close permanently on June 15, the Malay Mail reported today.

KUALA LUMPUR (June 11): IGB Bhd posted a 64.

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.

PENANG (June 11): The state government here is lowering the prices of affordable homes “between RM15,000 and RM35,000”, reported FMT today.

KUALA LUMPUR (June 11): Malaysia's sales value of wholesale and retail trade plunged 36.

NEW YORK (June 11): The developer of a 43-story luxury condo building in Manhattan’s Tribeca neighborhood sued Malaysia’s biggest bank for reneging on agreements to provide more than US$162 million (RM689 million) in syndicated construction loans and “effectively thwarting” the project, Bloomberg reported today.

KUALA LUMPUR (June 10): Is the pandemic a boon to autocracy? In Malaysia, efforts to constrain the coronavirus have chipped away at the very democratic principles that for decades made the country a natural US ally and bastion of stability in a volatile region, Bloomberg reported today.