News by THEEDGEMARKETS.COM

All sectors, except manufacturing, performed badly in 4Q20. The full-year GDP fell by 5.6%, the worst since -7.4% in the 1998 Asian financial crisis.

 

High Court Judge Justice Mohamed Zaini Mazlan, in reading out his judgement earlier today, said Najib's claim that Sri Ram was biased against him was "without basis and misplaced".

As a result, the number of active cases fell before the 50,000-mark to 49,490.

Covid-19 national death toll climbed to 958

"The removal of conditions will allow EPF members under the age of 55 to withdraw from their Account 1 funds, subject to their existing balance. For members who have already applied for i-Sinar under the current criteria, their applications will be automatically approved in due course."

Three deaths each were recorded in Selangor and Sabah, and two each in Johor and Terengganu. Kuala Lumpur, Negeri Sembilan and Sarawak registered one case each. 

Former deputy chief secretary to the Cabinet Tan Sri Mazidah Abdul Majid told the court this when she was being cross-examined by Datuk Seri Najib Razak's defence lawyer Tan Sri Shafee Abdullah, in response to questions about cabinet ministers' code of conduct, and how conflict of interests are dealt with when it comes to matters raised in cabinet meetings.

We had prided ourselves with our earlier successes in facing the first and second waves of the pandemic. Then disaster struck? What happened? How did our success become undone so easily? Where did we go wrong? We all knew the answer yet we still asked because we were in denial and will never accept our own faults.

“Monetary policy will remain accommodative to support economic growth.”

Governor Datuk Nor Shamsiah Yunus noted 1.4 million borrowers so far have applied for repayment assistance, with a 95% approval rate. There were 45% of borrowers who opted to reduce their monthly instalments rather than request a moratorium, she added.