Archive for August 26th, 2020
Indonesian tin production to see 11pct decline in 2020 due to low demand: ITA
Indonesia, the world’s second-largest tin producer, is expected to see a double-digit decline in refined tin production this year, amid a slump in global demand, [...] » More
In court, Najib’s lawyer grills former Audit Dept director over definition of ‘final report’
Former National Audit Department (NAD) director Saadatul Nafisah Bashir Ahmad today insisted that the February 2016 audit report of 1Malaysia Development Berhad (1MDB) was [...] » More
Digital payment system taking hold in Malaysia, survey shows
Over 75 percent of Malaysian businesses have embraced at least one fintech (financial technology) product or service over the past 12 months, according to global professional [...] » More
How Malaysia’s economy shows even doing the right things after Covid didn’t help
Despite moving early to launch several measures, Malaysia has seen the steepest collapse of major East Asian economies, with a GDP fall of 17.1 percent from last year. Many [...] » More
China’s Zodiac looking at setting up manufacturing base in Malaysia
Zodiac (China) Applied Science and Technology Research Centre Ltd is looking at an initial investment of as much as RM1.5 billion, as part of a larger plan to set up a [...] » More
Dr Mahathir joins call for finance minister to reveal list of direct negotiations under Pakatan govt
Former prime minister Tun Dr Mahathir Mohamad has today urged Finance minister Tengku Datuk Seri Zafrul Abdul Aziz to reveal the full details of alleged direct negotiation [...] » More
MOH proposes to increase compound for Infectious Diseases Act violators from RM1,000 to RM10,000
Ministry of Health (MOH) has proposed to the government to increase the fine for compoundable offences under Act 342 (Prevention and Control of Infectious Diseases Act 1988) [...] » More
MACC says has received INGO memorandums on alleged RM6.61b direct negotiation projects under Pakatan
The Malaysian Anti-Corruption Commission (MACC) has confirmed it received memorandums from several NGOs over the purported 101 projects worth RM6.61 billion that were [...] » More
Penang airport expansion all set to start, says CM when urging for its resumption
The Penang International Airport (PIA) expansion project was at an advanced stage of readiness when the federal government suspended it for the National Airport Strategy Plan [...] » More
Malaysia looks to reboot economy with travel ‘green zones’
With the coronavirus pandemic dealing a severe blow to Malaysia’s tourism sector and domestic travellers unable to revive the industry, the country’s tourism [...] » More
Johor PN stability in question after ex-MB spotted with Pejuang in Slim
The stability of the Johor Perikatan Nasional (PN) state government has come into question after former menteri besar Osman Sapian was spotted with the Pejuang team on the [...] » More
Malaysia’s Parliament approves raising govt debt ceiling to 60pc
Malaysia’s Parliament today approved the government’s plan to raise its debt ceiling for the first time in more than a decade, as South-east Asia’s [...] » More
Works minister: Actual cost savings from Pan Borneo Highway’s PDP termination only known once it’s completed
The actual cost savings from the termination of Pan Borneo Highway’s Project Delivery Partner (PDP) agreement can only be known after the project is completed, said [...] » More
Ex-secretary says Zahid approved use of charity’s cheques to pay credit cards, but told to stop after MACC probe
Datuk Seri Ahmad Zahid Hamidi had allowed the use of cheques from charitable organisation Yayasan Akalbudi to pay for his personal credit card bills and had also allowed the [...] » More
Malaysia police tell inquest ‘no sign’ French-Irish teen was kidnapped
Malaysian police insisted Monday there was no indication a French-Irish teenager was kidnapped from a jungle resort, as an inquest began into the girl’s death following [...] » More
