News by Wong Ee Lin

The group said it will pay RM1.10 per sq ft, or a total of RM29.86 million, for the land measuring 623.07 acres in aggregate.

In a bourse filing yesterday, Paramount said on the back of lower revenue, the property division recorded a pre-tax loss of RM2.8 million for 2QFY20 compared with a pre-tax profit of RM41.2 million in 2QFY19, mainly due to lower construction activities and sales achieved.

Kurau in Perak and Meranti in Putrajaya

The number of active cases fell to 170 today after 47 patients were discharged in the 24 hours as of noon, health director-general Datuk Dr Noor Hisham Abdullah said in a statement.

The facilitation fund aims to help bridge the private-sector viability gap with respect to projects that have a strategic impact and those with huge economic spillover effects.

Mujahid, who was the minister in the Prime Minister’s Department in charge of religious affairs, said the accounts of TH were manipulated at that time in order to pay out higher dividends to the members, which he stressed should not have happened.

Batu Kawan MP Kasthuriraani Patto: The Speaker's role is to manage the house and to run the house as efficiently as possible.

This caused a commotion to break out among the MPs that lasted for about 17 minutes, with the opposition MPs chanting ‘Undi, undi, undi’ (vote, vote, vote) and booing even when Azhar was being sworn in as the new Speaker.

Bank Negara Malaysia slashed the OPR by another 25 basis points (bps) to a record low of 1.75% on Tuesday. With this, the rate has been cut by 125bps this year.

Most of the local economists contacted are of the view that BNM is unlikely to trim OPR for the rest of the year. It will only do so if the Covid-19 outbreak worsens.