The trial of a former Goldman Sachs banker who allegedly siphoned millions of dollars from Malaysia’s beleaguered 1MDB sovereign wealth fund has been paused in the US, because of an “inexcusable” blunder by prosecutors. Prosecutors
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Singapore in discussion with Malaysia to expand VTL-Land to private vehicles
Meanwhile, Minister for Transport S. Iswaran said Singapore would deepen and extend VTLs with Asean neighbours including Malaysia, Indonesia, Thailand and the Philippines. “We are in advanced discussions to expand the VTLs to Penang and
Read moreHLIB raises 2022-2024 CPO price forecasts, expects price to remain elevated
KUALA LUMPUR (Feb 16): The price of crude palm oil (CPO) will remain high in the coming months, possibly through the first half of 2022 (1H22), supported by weaker production prospects for corn and soybean
Read moreOmicron wave is serious, postpone Johor polls, PH urges
KUALA LUMPUR: Pakatan Harapan (PH) has called on the government to postpone the March 12 Johor state election given the increasing number of daily Covid-19 cases related to the Omicron variant. If the government refuses
Read moreCovid-19: 11,034 new cases bring total to 2,925,254
PETALING JAYA: The Health Ministry reported 11,034 new Covid-19 cases on Monday (Feb 7). Health director-general Tan Sri Dr Noor Hisham Abdullah tweeted that this brought the cumulative infections in the country to 2,925,254. The
Read morewarning by medical experts over ventilators sold to Hungary by M’sian businessman
A Malaysian businessman given a multi-billion contract to supply medical equipment to the government of Hungary in 2020 had sold ventilators that British doctors warned could endanger the lives of patients, MalaysiaNow can reveal. The
Read moreGenting’s Lim crosses swords with German authorities
“Accordingly, and without any likely prospects of additional funding being available to MVWH, the directors of MVWH are mandatorily required under German law to file for insolvency,” Genting HK told the investing public in its
Read moreBitcoin’s phenomenal rise in 2021
KUALA LUMPUR (Dec 26): Bitcoin has gone from US$734 during Christmas in 2013 to an eye-watering US$50,970 in 2021. During 2021, bitcoin did scale to its all-time high of US$69,000 before shedding its value, in
Read moreBanks offers flood relief assistance to affected customers nationwide
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is offering flood relief assistance to individuals, small and medium enterprises (SME) and other non-retail customers affected by devastating floods arising from heavy rainfall over the past few days.The
Read morePenang’s top cop told to respond to claims he roughed up subordinate
PETALING JAYA: Two civic groups have urged Penang police chief Shuhaily Mohd Zain to respond to a claim that he roughed up a policeman more than six years ago. Spokesmen for Eliminating Deaths and Abuse
Read moreSuperstition or mumbo jumbo, Raja Bomoh should be freed
My sympathy goes to Ibrahim Mat Zin (also known as Raja Bomoh) and his cousin, Suliaha Abdul Hamid, who were charged recently in the lower shariah court in Ipoh, Perak, with performing the ritual of
Read moreSPH Media, Adwork partner to offer Malaysian businesses advertising space in Singapore
SINGAPORE – SPH Media and Adwork on Tuesday (Jan 4) formed a partnership to enable the advertising firm’s clients in Malaysia to advertise their businesses in Singapore. Under the partnership, Adwork’s Malaysian clients, which consist
Read moreDownward trend in Covid-19 cases over past five weeks
KUALA LUMPUR: The country is showing a downward trend in several areas related to the Covid-19 cases, Health director-general Tan Sri Dr Noor Hisham said. This includes the number of new cases, deaths, bed usage
Read moreAfter Xmas raid, eatery now breaches New Year SOPs
IPOH: A restaurant that was recently raided by the police here for violating rules on Christmas Eve was once again fined for flouting SOPs during a New Year’s Eve operation last night. Perak police chief
Read moreMalaysia to spend US$335 million for flood relief
KUALA LUMPUR: Malaysia will provide RM1.4 billion (US$334.93 million) in cash aid and other forms of relief for those devastated by severe floods this month, Prime Minister Ismail Sabri Yaakob said on Wednesday (Dec 29). Since Dec
Read moreMalaysia floods kill over dozen people, displace thousands
Over 29,000 people have been evacuated throughout Malaysia as the country faces some of its worst flooding in years. Flood victims in eight states and territories were recorded on an official government website on Sunday,
Read moreABAC®Malaysia celebrates 2021 Anti-Corruption Day
Anti-bribery and anti-corruption efforts are a huge priority in the South Asia Region, with many governments trying to strengthen laws and enhance enforcement in both their private and public sectors. As recent high-profile corruption cases
Read moreNajib no-show in court, judge maintains verdict will be delivered tomorrow
KUALA LUMPUR: A no-show by Datuk Seri Najib Razak, his lawyers and also the former prime minister’s bailors at the Court of Appeal today enraged the judge presiding over the case, prompting him to warn
Read moreCurrent Covid-19 screening tests able to detect Omicron
SHAH ALAM: All types of screening, including the use of antigen rapid test kits (RTK) are capable of detecting positive cases following the emergence of a new Covid-19 variant, Omicron. Health Minister Khairy Jamaluddin said
Read moreBursa Malaysia ends lower as markets spooked by new variant
KUALA LUMPUR (Nov 26): Bursa Malaysia ended broadly lower on Friday in line with regional markets amid weak sentiment following the emergence of a new Covid-19 variant in South Africa as well as a recent
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