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
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