Advancecon’s 30%-owned associate bags RM153.5m earthworks project in Bintulu, Sarawak
The contract was awarded by Wenan Steel, which is building an iron and steel production complex there.
Fu Ah Kiow’s sudden resignation as Star Media chairman
According to Star Media’s statement to Bursa Malaysia today, Fu, 72, had been a board member in Star Media for the last seven years prior to his resignation
ASEAN manufacturing sector deteriorated after four months in February — IHS Markit
In both Thailand and Malaysia, the downturns were sustained, with the headline PMI registered at 47.2 and 47.7 respectively.
Pua urges MoF to focus on claims against former 1MDB auditors after settlement with AmBank
“If they have demonstrated no remorse for their culpability in the tens of billions of ringgit for the Malaysian tax-payers, MoF, via 1MDB, must immediately file the relevant suits, which have been fully prepared, against them in the courts,” he said.
Restricted movement still needed even though economy has reopened — PM
“The opening of such activities can only be done after the implementation of immunisation reaches a certain level of coverage in the community,” he says.
Covid-19 : Malaysia reports 2,437 new cases, cumulative infections top 300,000
The number of persons who were reported today to have recovered from Covid-19 stood at 3,251.
Covid-19: Malaysia reports 2,364 new cases, 10 deaths
The Ministry of Health (MoH) said the Covid-19-related deaths reported today brought the total number of fatalities in the country due to the pandemic to 1,121 so far
EPF assets hit RM1.02 trillion but 30% may have zero balance in Account 1, 60% for Account 2
With increased withdrawals and reduced contributions amid Covid-19, it is no surprise that outgoing CEO Tunku Alizakri Alias said the savings adequacy of more of its members are expected to deteriorate due to Covid-19.
Malaysia says origin of first African Swine Fever occurrence unknown, inconclusive
"First occurrence in the country. Weekly follow-up reports will be submitted,” the department’s veterinary officer Dr Sarah Dadang Abdullah indicated in the immediate notification document, which was filed with the World Organisation for Animal Health.
CEO: EPF members should have a say on dividend — tiered or single
Outgoing CEO, Tunku Alizakri Alias: Tiered dividend is a very complex structure, it has both its pros as well as its disadvantages. We [the EPF] have always operated from an ‘everybody gets the same dividend’ base philosophy. Tiered dividend would actually suggest that there will be ways for us to go and deliver our dividends to our members in very different ways in the future, so again, this is a very complex issue and this is something that the EPF will have to go and touch base with our members at the end of the day because our members need to have a say in how the dividends that they will be receiving in the future should be structured.
