News about ra

KUALA LUMPUR (Aug 13): Majuperak Holdings Bhd has entered into a land swap deal to dispose of four plots of its land valued at RM100 milllion in Sungai Raya to the Perak State Economic Development Corporation (PKNP) in exchange for three pieces of land valued at RM140 million in Hulu Kinta In a filing today, Majuperak said the difference of RM40 million will be deemed as an amount owed by the group to PKNP.

KUALA LUMPUR (Aug 13): Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus said today banks in the country will continue to offer the Covid-19 pandemic-driven targeted loan-repayment assistance to borrowers when the loan-repayment moratorium expires by the end of 2021.

1 Introduction While global scientific communities’ understanding and knowledge of human-to-human transmission of Covid-19 continues to unravel and evolve, the resurgence of community cases, local clusters and highly contagious variants demand for immediate and enhanced preventative and precautionary measures.

KUALA LUMPUR (Aug 12): While the Malaysian economy is on the road to recovery from Covid-19, the Organisation for Economic Co-operation and Development (OECD) said risks still remain from the ongoing crisis, as continued reforms are required to improve the business environment further and accelerate digitalisation.

KUALA LUMPUR (Aug 12): Former premier Datuk Seri Najib Razak's Cabinet had given the go-ahead to the National Audit Department (NAD) to probe 1Malaysia Development Bhd's (1MDB) financial accounts even though audit firm Deloitte was also investigating the state fund, a witness testified today.

KUALA LUMPUR (Aug 12): Low Taek Jho, the fugitive businessman better known as Jho Low, had attended a 1Malaysia Development Bhd (1MDB) board meeting 12 years ago and even took a call from then prime minister Datuk Seri Najib Razak while at the meeting, the High Court was told today.

KUALA LUMPUR (Aug 12): See Hup Consolidated Bhd, the general cargo transporting and freight forwarding services group, has proposed to diversify into construction contracts services.

KUALA LUMPUR (Aug 11): Malaysia's daily Covid-19 cases breached the 20,000 mark again, with 20,780 new infections reported today — its second-highest daily figure so far — up from 19,991 infections yesterday.

KUALA LUMPUR (Aug 11): Bank Negara Malaysia (BNM) today released the revised Reference Rate Framework that will take effect from Aug 1, 2022, under which the Standardised Base Rate will replace the Base Rate (BR) as the reference rate for new retail floating-rate loans.

SINGAPORE (Aug 11): The ultra-rich are eyeing luxury across the world and exclusive and high-end properties here are one of the investments that they are looking at, reported Bloomberg.