News by THEEDGEMARKETS.COM

Knight Frank Malaysia capital markets executive director Allan Sim: The pandemic has accelerated the adoption of online retailing across selected key markets in Asia-Pacific, with the average online penetration growth estimated at 14% in 2020

"His claim that the Covid-19 pandemic has to be handled under emergency law was a lie. The proclamation of emergency was sought so that he could remain as prime minister. This was the real reason behind his seeking of an emergency declaration."

“Yong Tai is still working closely with its Chinese partner to escalate the application process and urges all stakeholders to be patient and stop spreading untrue statement, given the importance of the vaccine to help the nation achieve herd immunity,” it said in a statement.

The two companies said the development fell through as the conditions precedent, which included the obtaining of written approvals and planning approvals for the parcels of land, had not been fulfilled or waived during the conditional period.

However, Hazem had previously testified that the late Datuk Azlin Alias and Low told him that the investment fund was set up to raise money for the ex-prime minister and his political party Umno.

Selangor topped the list of states and federal territories with the most number of new Covid-19 infections at 910. 

However, Shafee questioned Hazem's claim and accused him of being part of the whole dubious business affairs. 

The board of directors had resolved to suspend Datuk Shun Leong Kwong and Marianna Aly Shun.

... instead of 1MDB's office which is within a radius of less than 10km. 

The date has been fixed following case management on Feb 8.