MBSB's CEO Ahmad Zaini dies of Covid-19
KUALA LUMPUR (Aug 15): Malaysia Building Society Bhd's (MBSB) group president and chief executive officer (CEO) Datuk Seri Ahmad Zaini Othman has passed away after battling with Covid-19 complications.
FIABCI Malaysia urges the govt to review the latest MM2H conditions
KUALA LUMPUR (Aug 15): While lauding the government’s efforts in strengthening the background check on the applicants of the Malaysia My Second Home (MM2H) programme, The International Real Estate Federation (FIABCI) Malaysian Chapter also urged the government to review some of the conditions that might dampened foreigners’ interest in coming to Malaysia.
Malaysian Bar urges PM to resign, in accordance with Federal Constitution
KUALA LUMPUR (Aug 14): The Malaysian Bar has called on Prime Minister Tan Sri Muhyiddin Yassin to step down after admitting that several Members of Parliament (MPs) from the governing coalition had withdrawn their support for him, casting doubt on whether he still commanded the support of the majority of the Dewan Rakyat.
MCCC: MM2H new terms should be for new applicants, not existing participants
PETALING JAYA (Aug 13): Malaysia-China Chamber of Commerce (MCCC) has lauded the reactivation of the Malaysia My Second Home (MM2H) Programme but expressed reservation on the new stringent terms imposed.
BNM: Malaysia's 2Q21 GDP grew 16.1% y-o-y
KUALA LUMPUR (Aug 13): The Malaysian economy grew by 16.
Deloitte Malaysia supports reintroducing GST
KUALA LUMPUR (Aug 13): Deloitte Malaysia has expressed support for the recommendation by the Organisation for Economic Co-operation and Development (OECD) to bring back the goods and services tax (GST) into Malaysia as part of the country's medium-term fiscal strategy.
Continued reforms needed to improve Malaysia’s business environment, says OECD
KUALA LUMPUR (Aug 12): While the Malaysian economy is on the road to recovery from Covid-19, the Organisation for Economic Co-operation and Development (OECD) said risks still remain from the ongoing crisis, as continued reforms are required to improve the business environment further and accelerate digitalisation.
BNM: Standardised Base Rate to be used as reference rate for retail floating-rate loans from August 2022
KUALA LUMPUR (Aug 11): Bank Negara Malaysia (BNM) today released the revised Reference Rate Framework that will take effect from Aug 1, 2022, under which the Standardised Base Rate will replace the Base Rate (BR) as the reference rate for new retail floating-rate loans.
MyCC fines port warehouse operators RM1m for price-fixing, calls on cartels to reach out
KUALA LUMPUR (Aug 9): The Malaysia Competition Commission (MyCC) has imposed penalties totalling RM1.
Federal Court defers ruling on Shafee's defamation appeal against Malaysian Bar, Tommy Thomas and former judge VC George
KUALA LUMPUR (Aug 6): The Federal Court has reserved judgement in senior lawyer Tan Sri Muhammad Shafee Abdullah's (pictured) appeal over the dismissal of his defamation lawsuit against the Malaysian Bar and two others relating to his conduct as deputy public prosecutor in Datuk Seri Anwar Ibrahim's Sodomy II case.
