News by theedgemarkets.com

In a note today, Maybank Investment Bank economists Suhaimi Ilias, Dr Zamros Dzulkafli, Ramesh Lankanathan and William Poh Chee Keong said they are keeping the research firm's full-year 2021 economic growth forecast for Malaysia as measured by gross domestic product (GDP) at 5.1% for the time being

"Nothing the firm did or did not do caused any loss to 1MDB. Therefore, the extraordinary sum claimed is wholly unjustified and an attempt to pressure the firm into a settlement."

"We observed that 80% of current infections are not in clusters but are sporadic. This means that Covid-19 is already in the community and this is why we are worried that the number of cases may rise."

“I have to borrow to buy food because the assistance is not enough… I really don’t have money. I don’t even have savings,” a 44-year-old single mother with school-going children known only as “Ms Z” was quoted in the survey.

The nine-year-old structure on-site is a purpose-built single-storey retail complex with a mezzanine floor, Careplus said, adding that the transaction should be completed by end-2021.

The association suggested that HIDE release the supporting data and information directly to the affected malls or organisations for the owners of the malls and premises that are in the best position to make the relevant decision to deal with the affected outlets and areas by following the strict standard operating procedures (SOPs) that are already in place

Selangor topped the list with 1,328 cases, followed by Sarawak with 512 cases, and Kuala Lumpur with 483 cases.

In a statement today, Datuk Ibrahim Ali claimed he was not aware that the money was linked to SRC and 1MDB because the names of both companies were not stated on the cheque.

Datin Seri Rosmah Mansor had last week filed two applications before the High Court, one to nullify proceedings of her trial, where she has been called to enter her defence, and the other is to challenge the appointment of Sri Ram as the lead prosecutor.

Commenting on the possibility of another round of loan moratorium, Datuk Nor Shamsiah Mohd Yunus highlighted the banks continue to provide financial assistance to affected borrowers and highlighted that a total of 1.6 million applications for repayment assistance have been facilitated by the banks with an approval rate of 95% as of March 31 this year.