Judge snubs Najib's request to skip court to attend Parliament
Justice Collin Lawrence Sequerah: I understand that he has his duty, but I have my duty too. I say that trial continues tomorrow from 9.30am to 4.30pm with the usual lunch break.
Shahrol accused of receiving kickbacks from Goldman for brokering RM10.64b Tanjong Energy acquisition
Making the accusation during cross-examination at the 1MDB-Tanore trial in the High Court, Wan Aizuddin Wan Mohamad suggested that Shahrol had colluded with Goldman to value businessman Tan Sri Ananda Krishnan's power asset Tanjong Energy at a high price, given that the bank would be paid in terms of percentage of the deal.
'I saw two bags of cash delivered to Rosmah's residence' — witness
“Datuk Rizal Mansor (Rosmah’s aide) brought us to a living area with a green sofa. Shortly after, I saw Saidi’s driver Shamsul enter the house carrying two black bags with orange stripes and placed them at the side of the sofa.”
Klang Valley retail sector to gradually improve with easing of MCO
Knight Frank Malaysia: We expect to see more creative ideas and trends that embrace technological innovations in the retail industry. The short-term outlook for the sector remains cloudy but there are windows of opportunities in the mid to longer term with the right data, key insights and value.
Rapid Transit System negotiations to be finalised this week — Transport Minister
Asked if there will be any delay, given that Singapore is currently forming its cabinet, Transport Minister Datuk Seri Wee Ka Siong said it is not a concern as "Singapore will form their cabinet very soon".
MOTAC expects 75% y-o-y decline in tourist arrivals for 2020
Up to June 2020, the amount of losses faced by the sector stands at around RM44 billion, said Datuk Seri Nancy Shukri, comprising RM31 billion loss from international tourists and RM13 billion from domestic tourists.
Glomac dips into the red for 4Q on fair value losses, declares one sen dividend
Revenue fell 27.88% to RM58.38 million, compared with RM80.95 million previously, which the group said was mainly due to the negative impact of the suspension of construction work for ongoing projects, as well as lower carpark rental and mall rental income during the Movement Control Order (MCO).
TNB disputes RM1.81b tax assessment from IRB
In a bourse filing yesterday, the power giant said it received the notice yesterday, which was similar to the notices it had received in past years.
Tabung Haji would have ‘tutup kedai’ if PH govt did not save it — Mujahid
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.
