US Department of Justice remits RM1.9b in seized 1MDB funds to Malaysian govt
In a statement today, the ministry said Malaysia's Asset Recovery Trust Account had received RM16.05 billion in seized and repatriated 1MDB funds.
Maybank says Malaysian economic rebound on track but risk tilted to downside on MCO
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
Wong & Partners: 1MDB suit has no merit, sum claimed is unjustified
"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."
Health DG: MCO 3.0 needed amid jump in sporadic infections, presence of worrying Covid-19 variants
"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."
One year after MCO 1.0, 71% PPR folks still need consistent cash aid — UN study
“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.
Careplus buys Seremban property for RM35.5m from Rapid Synergy
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.
Govt should include industry players in improvement of HIDE system — Malaysian REIT Managers Association
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
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Malaysia reports 3,973 new Covid-19 infections, 22 deaths
Selangor topped the list with 1,328 cases, followed by Sarawak with 512 cases, and Kuala Lumpur with 483 cases.
Perkasa president admits receiving 'personal cheque' from Najib, claims not aware money was from 1MDB ex-subsidiary SRC
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.
Sri Ram to personally defend his appointment as prosecutor in Rosmah's graft trial
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.
