Business

[ad_1] KUALA LUMPUR: The Public Accounts Committee (PAC) has found weaknesses in the governance of Education Malaysia Global Services (EMGS), which serves as a one-stop-shop for managing international student visa applications. PAC Chairman Wong Kah Woh said that among the shortcomings was the absence of a government representative on the …

[ad_1] KUALA LUMPUR (December 8): The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index would have fallen 11% through November 2020, without the support of three health care counters, said Bursa Malaysia Bhd Chairman Tan Sri Abdul Wahid Omar. FBM KLCI’s three health care counters are Hartalega Holdings Bhd, IHH …

[ad_1] KUALA LUMPUR (Dec. 8): IOI Properties Group Bhd said today that it is exploring some proposals on potential investments that are currently in a preliminary stage of discussions, in response to an unusual market activity (UMA) query from Bursa Securities. In a presentation to Bursa today, he said there …

[ad_1] KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is expanding its personalized support package to all of its retailers with up to 30 percent rent reimbursement starting in January 2021. In a statement today, MAHB said that the aid package is offered to its pre-existing retailers who have signed up …

[ad_1] KUALA LUMPUR: Dewan Rakyat chairman does not have powers to expedite motions tabled for debates, says Datuk Azhar Azizan Harun (Photo). The president himself said this was following the Westminster convention and democracy practices. Azhar said this following questions posed by opposition lawmakers on why motions of no confidence …

[ad_1] Liverpool changed the style when they invited 2,000 fans back to Anfield and beat Wolvers, without giving Spurs a chance to rest in the Premier League title race. The Wolves received a rude awakening and were half the team they usually are when they fell 4-0 to English champions …

[ad_1] PUTRAJAYA: The digital economy, designated as one of the main pillars of the Shared Prosperity 2030 vision, will receive special attention to spearhead the country’s post-Covid-19 resurgence, says Tan Sri Muhyiddin Yassin. One of the areas that will be emphasized is the development of small and medium-sized enterprises (SMEs), …

[ad_1] KUALA LUMPUR: A new development in the RM1mil corruption case involving Datuk Seri Tengku Adnan Tengku Mansor has resulted in the High Court granting him an exemption that did not amount to an acquittal (DNAA). Judge Mohd Nazlan Mohd Ghazali granted the DNAA order to the former Minister of …

[ad_1] The government says the federal debt is 56.6% of GDP, less than the recently established 60% limit. KUALA LUMPUR: Total government debt and liability exposures are estimated to be RM1,257 trillion, or 87.3% of gross domestic product (GDP), at the end of September. Federal debt at the end of …

[ad_1] The EPF has reduced its stake in Top Glove to 451 million shares, according to a business weekly. PETALING JAYA: The Employee Provident Fund (EPF) has sold 7.15 million shares of Top Glove Corp Bhd, reducing its stake in the world’s largest manufacturer of medical gloves to 5.63%. A …