Mercury Industries inks deal to develop RM152m GDV project in Melaka
KUALA LUMPUR (Aug 16): Construction group Mercury Industries Bhd has signed a deal to develop houses on a freehold land in Melaka.
1MDB drops Lodin, Ismee, Shahrol and Hazem as defendants in US$8b civil suit
KUALA LUMPUR (Aug 16): 1Malaysia Development Bhd (1MDB) and its four subsidiaries have dropped seven of the 15 defendants in their US$8 billion lawsuit against former office bearers of these companies.
Zuraida thanks Muhyiddin for his contribution to the country
PETALING JAYA (Aug 16): The outgoing Housing and Local Government Minister Datuk Zuraida Kamaruddin expressed her gratitude to the former prime minister Tan Sri Muhyiddin Yassin for leading Malaysia for close to two years and continuing to serve the country as caretaker prime minister.
Some economists still holding out hope for above 4% full-year GDP growth
KUALA LUMPUR (Aug 16): Despite Bank Negara Malaysia’s (BNM) move to slash growth forecast for 2021 to the 3% to 4% range, some economists are still holding out hope for growth to come in above 4% this year.
Malaysia’s administered Covid-19 vaccine doses fell to 415,875 on Aug 15; second shot given to 32.9% of population
KUALA LUMPUR (Aug 16): Malaysia’s daily number of Covid-19 vaccine doses administered fell to 415,875 yesterday (Aug 15), from 442,150 a day earlier, bringing the nation’s cumulative figure of vaccine shots given to recipients to 27.
Malaysia on track to achieve 50% of adult population fully vaccinated in August, says KJ
KUALA LUMPUR (Aug 15): The National Covid-19 Immunisation Programme (PICK) is on track to achieve its target of getting 50% of Malaysia's adult population fully vaccinated in the month of August, according to its coordinating minister Khairy Jamaluddin.
Malaysian Bar urges PM to resign, in accordance with Federal Constitution
KUALA LUMPUR (Aug 14): The Malaysian Bar has called on Prime Minister Tan Sri Muhyiddin Yassin to step down after admitting that several Members of Parliament (MPs) from the governing coalition had withdrawn their support for him, casting doubt on whether he still commanded the support of the majority of the Dewan Rakyat.
Pakatan Harapan rejects Muhyiddin's offer, calls for his resignation
KUALA LUMPUR (Aug 14): The Pakatan Harapan Presidential Council has rejected Prime Minister Tan Sri Muhyiddin Yassin's offer for bipartisan cooperation with the Opposition, calling it blatant corruption.
Muhyiddin reaches out to rival MPs with promise to limit PM to two terms, have anti-hopping law and give opposition leader Cabinet level privileges
KUALA LUMPUR (Aug 13): Prime Minister Tan Sri Muhyiddin Yassin is seeking bipartisan support from rival members of parliament (MPs) with promises of significant reforms, including limiting the prime minister's tenure to two terms, to solve the ongoing Malaysian political crisis.
Paramount completes investment into P2P financing platform Fundaztic
KUALA LUMPUR (Aug 13): Property developer Paramount Corp Bhd has completed its first fintech investment by acquiring a 30% stake in Omegaxis Sdn Bhd, the holding company of Peoplender Sdn Bhd, the operator of peer-to-peer (P2P) financing platform Fundaztic.
