[ad_1] CLICK TO ENLARGE PETALING JAYA: As the third quarter earnings season came to a close, fueled by a sequential V-shaped rally, analysts have raised their FBM KLCI targets for late 2020 with even higher estimates for next year. . Several research houses expect Bursa Malaysia’s leading index to exceed …
Read More »Zaid Ibrahim & Co alleges that Zaid abused his position as president, disrupted the business
[ad_1] Zaid Ibrahim & Co alleges that Zaid abused his position as president, disrupted the business Updated 11 hours ago · Posted on December 2, 2020 7:42 PM · In a wrongful termination case in Kuala Lumpur High Court, Zaid Ibrahim & Co alleges that Zaid Ibrahim used a “divide …
Read More »Five Ministry of Finance employees fined for failing to report corruption in the first case of this type
[ad_1] KUALA LUMPUR: A group of five Ministry of Finance employees were fined between RM 1,500 and RM 2,000 each by the Court of Sessions here for failing to report corruption to the Malaysian Anti-Corruption Commission (MACC), the first such case in the country. The Session Court Judge, Manira Mohd …
Read More »Building goodwill was the effort of partners, says the law firm fighting Zaid’s lawsuit
[ad_1] Zaid Ibrahim & Co said that from 2008 to September 2020, Zaid Ibrahim never claimed any interest in the equity, the name of the goodwill or in any part of the company’s business. KUALA LUMPUR: A law firm said that the goodwill on behalf of Zaid Ibrahim & Co …
Read More »Got Your Math Wrong, Labuan Entrepreneurs Tell Finance Minister About Selling Tax-Free Cigarettes
[ad_1] According to the Labuan Chinese Chamber of Commerce, the federal territory sold a total of 300 million duty-free cigarettes a year. KOTA KINABALU: A group from Labuan has not taken lightly the comments of Finance Minister Tengku Zafrul Aziz, which hint that the duty-free areas are hubs for the …
Read More »5 Ministry of Finance officials fined for failing to report bribery offers
[ad_1] KUALA LUMPUR: Five Finance Ministry staff members were fined between RM1,500 and RM2,000, in three months in jail by default, by the Court of Sessions here, after they pleaded guilty of failing to report the bribe offers to the Malaysia Anti-Corruption Commission (MACC). . The five officials are the …
Read More »UK Approves Pfizer-BioNTech Covid Vaccine Ahead of US and EU
[ad_1] The UK became the first Western country to approve a Covid-19 vaccine, with the approval of its regulator. Pfizer Inc. and BioNTech SE was ahead of decisions in the US and the European Union. The emergency authorization paves the way for the deployment of a vaccine that Pfizer and …
Read More »Perodua sells 23,119 cars and records the highest sales volume in a single day in November 2020
[ad_1] KUALA LUMPUR (Dec 2): Perusahaan Otomobil Kedua Sdn Bhd (Perodua), which sold 23,119 cars in November 2020, posted its highest single-day sales of 5,027 units on the last day of the month. In a statement today, Perodua said that, including November 2020 sales volume, the company has sold more …
Read More »40,280 GST reimbursement claims worth RM4.006 billion resolved
[ad_1] PUTRAJAYA: Customs has settled the Goods and Services Tax (GST) refund claims for a value of RM4,006 billion, involving 40,280 claims from 27,426 companies for the period between June 22 and November 30, this year. Its CEO, Datuk Seri Abdul Latif Abdul Kadir, said there were 82,517 GST refund …
Read More »Existing laws are constantly being revised to improve them.
[ad_1] KUALA LUMPUR: The government always conducts reviews of existing laws, including the Official Secrets Act of 1972 (OSA) and the Whistleblower Protection Act of 2010 for their improvement, said Prime Minister (Parliament and Law) Department Minister Datuk Takiyuddin Hassan (pix). He said that the views of civil society were …
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