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News by theedgemarkets.com

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Speaker rejects Pua's motion aimed at setting up panel to monitor 1MDB assets' recovery

11 August, 2020

Pua had proposed a motion to amend Datuk Seri Ahmad Maslan's (BN-Pontian) motion of thanks, to facilitate debate on the need for a special select committee to evaluate the actions taken by the government to recover cash and assets related to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd.

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AmBank: Sunway Construction could still turn in a small profit in 2QFY20

10 August, 2020

However, the research firm believes Sunway Construction’s current market valuations are still rich. 

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Malaysia unemployment rate drops as sectors reopen during RMCO

07 August, 2020

Malaysia's June 2020 unemployment rate declined month-on-month to 4.9% from a record-high of 5.3% in May 2020

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Najib back in court for the first time as a convicted felon

03 August, 2020

Najib had already been found guilty by the High Court of all seven charges of abuse of power, criminal breach of trust and money laundering in relation to RM42 million belonging to SRC International Sdn Bhd, a former subsidiary of 1MDB.

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Penang South Reclamation can't go ahead till it gets environmental management approval — minister

23 July, 2020

“The ministry views seriously all development projects, especially those under EIA purview. The EIA is a requirement of law under Section 34(A) of the Environmental Quality Act 1974."

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Is Finas licence required to post videos on social media, asks PKR lawmaker

23 July, 2020

“I am not sure if the minister realises the full implication of his answer,” PKR MP Fahmi Fadzil told a press conference at Parliament lobby today. “Surely many will now ask if they are bound under the Act when publishing videos on social media.”

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MACC asset declaration list: Here's what it shows

22 July, 2020

The list, available on https://mydeclaration.sprm.gov.my, displays the monthly income of the listed individuals.

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IWH-CREC gets extension to settle RM1.1b outstanding Bandar Malaysia acquisition deposit

22 July, 2020

The deadline for IWH-CREC to settle the upfront payment has been moved to Sept 15 from April 30 "due to the Covid-19 outbreak", said Finance Minister Tengku Datuk Seri Zafrul Aziz.

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Air fares expected to return to normal by November — transport minister

21 July, 2020

“According to the airlines, even though the government has relaxed the social distancing rules, flight ticket prices may not drop immediately. They must ensure there is continuous and stable demand before airfares can return to normal as seen before the Covid-19 outbreak."

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Covid-19: New cluster detected in Johor with 14 confirmed infections

20 July, 2020

A new Covid-19 cluster has been detected in an old folk’s home in Kluang, Johor, with 14 confirmed positive cases, the Ministry of Health (MoH) said today.

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