[ad_1] KUALA LUMPUR (May 13): Malaysia’s economic growth slowed to 0.7% in the first quarter of this year (Q1 2020), the lowest level seen since Q3 2009 when the economy contracted by 1.1%, according to the Malaysia Department of Statistics. Gross domestic product (GDP) in 4Q 2019 expanded 3.6%. Chief …
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[ad_1] Jakel was among companies named by MACC in forfeiture suits to recover 1MDB-linked money. KUALA LUMPUR: The High Court will deliver its verdict on the government’s application to forfeit RM628,314 allegedly linked to the 1MDB that was seized from Jakel Trading on June 4. The decision was supposed to …
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[ad_1] PETALIZING JAYA: A resident of PJ Old Town, who has been placed under an Enhanced Movement Control Order (EMCO) is singing praises for members of the service border line there for managing the restricted area. His experience contrasts with the conditions suffered by residents of the Sri Murni Fasa …
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[ad_1] Government service counters will reopen their businesses after weeks of inactivity under partial closure. (Photo by Bernama) PUTRAJAYA: All government departments and service counters are open for business again, says Chief Security Minister Ismail Sabri Yaakob. Speaking at his daily Covid-19 crisis management press conference here, he said that …
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[ad_1] The destination of choice for RAMADAN buyers in Kuala Lumpur is hands down Jalan Tuanku Abdul Rahman (Jalan TAR) and other nearby streets. Every year, people flocked to shops there to buy traditional clothing and accessories, as well as food items in preparation for Quick Break and Hari Raya …
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[ad_1] KUALA LUMPUR: The government will announce a six-month economic recovery plan later this month to resurrect the country’s economy after Covid-19. International Trade and Industry Minister Datuk Seri Azmin Ali (pix) said the pandemic has affected world markets, including Malaysia. “Businesses have come to a complete stop and unemployment …
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[ad_1] KUALA LUMPUR (Bernama): Members of the public may meet or participate in a meeting for Aidilfitri, Pesta Kaamatan and Hari Gawai Dayak during the conditional movement control order period subject to the instructions of the director general of Health. This is established in Regulation 7 (2) (a) of the …
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[ad_1] KUALA LUMPUR (May 13): The FBM KLCI rose 1.34% in today’s mid-day recess as health stocks raised the benchmark against the backdrop of renewed fears of a second wave of coronavirus. Meanwhile, the Malaysian economy contracted 2% on a seasonally adjusted quarterly basis in the first quarter of 2020 …
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[ad_1] KUALA LUMPUR: A drug union, with a processing laboratory in Muar, was arrested with more than RM12,000 of drugs seized after a series of raids in various states. The director of the Bukit Aman Department of Narcotics Crime Investigation (NCID), Comm Datuk Ramli Din, said that 18 union members, …
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[ad_1] PETALIZING JAYA: Yee Lee Corp BhdThe main shareholders, who hold a combined 89.94% stake in the company, have launched a voluntary acquisition to acquire the remaining shares at RM2.06 per share. Yee Lee, who trades in edible oil, said in a filing with Bursa Malaysia that he had received …
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