[ad_1] KUALA LUMPUR (Oct 26): The low lines in Bursa Malaysia saw increased selling pressure on bearish technical momentum. At 10.56am today, the FBM ACE index was the biggest loser among the 29 indices on the local stock market. It was down 3.15% or 334.29 points to 10,272.48. Meanwhile, the …
Read More »King’s non-emergency decree cannot be challenged, says constitutional expert
[ad_1] IPOH: The decree issued by Yang di-Pertuan Agong not to proclaim an emergency in the country cannot be challenged in court, says constitutional expert Dr. Abdul Aziz Bari (Photo). He said that according to Article 150 of the Federal Constitution, declaring an emergency is a discretionary power of the …
Read More »Muhyiddin, cabinet must resign after loss of people’s trust, says former MP
[ad_1] A former BN MP says Muhyiddin Yassin’s legitimacy had been questioned after he refused to submit to a vote of no confidence in March. PETALING JAYA: Prime Minister Muhyiddin Yassin and his cabinet must resign as they have lost the confidence of the people, said former Barisan Nasional MP …
Read More »Singapore to begin testing of electricity imports from Peninsular Malaysia by end of 2021
[ad_1] SINGAPORE (Oct. 26): Singapore will embark on a two-year trial for electricity imports from Peninsular Malaysia to the republic, according to the country’s Energy Market Authority (EMA). “To meet our climate change commitments, it is necessary to change the way Singapore produces and uses energy. Leveraging regional power grids …
Read More »Singapore to import electricity from Malaysia next year
[ad_1] Electricity imports could start in late 2021, through the existing electricity interconnector between Singapore and Malaysia. (Photo by Bernama) SINGAPORE: Singapore will embark on a two-year trial for electricity imports from Peninsular Malaysia, according to the Energy Market Authority (EMA). “To meet our commitments on climate change, it is …
Read More »MR DIY tops the active trading chart, up 6.25% on its debut on the main market
[ad_1] KUALA LUMPUR (Oct 26): MR DIY Group (M) Bhd made its Bursa Malaysia main market debut today. At 9.28am, the home improvement retailer’s stock was trading at RM1.70 per share, which was a 6.25% or 10 sen premium over its opening price and initial public offering (IPO) of RM1.60 …
Read More »2-year freeze on new messaging service licenses
[ad_1] MCMC says the freezing of new messaging services licenses will allow the sector to strengthen itself to face future challenges. KUALA LUMPUR: The Malaysian Communications and Multimedia Commission (MCMC) has imposed a two-year moratorium on the issuance of new messaging service licenses, effective September 14. In a statement today, …
Read More »Malaysian Bar Association commends the Malaysian king and rulers for failing to proclaim a state of emergency
[ad_1] PETALING JAYA: The Malaysian Bar Association praised the King’s decision not to proclaim a state of emergency, saying that a decision otherwise would have resulted in a constitutional crisis. Its president Salim Bashir (Photo) said they echoed the views of the Malaysian king and rulers that laws and mechanisms …
Read More »Muhyiddin should resign due to emergency fiasco, says Umno leader
[ad_1] The King is aware that the proposal to ask for the state of emergency was a political maneuver, says Puad Zarkashi of Umno. PETALING JAYA: Puad Zarkashi, a member of the Supreme Council of Umno, called for the resignation of Prime Minister Muhyiddin Yassin, following Yang di-Pertuan Agong’s decision …
Read More »Malaysia will export 100 megawatts of electricity to Singapore in a two-year trial | Malaysia
[ad_1] Under the proposal, electricity imports could start in late 2021 through the existing electricity interconnector between Singapore and Malaysia. – Photo by Reuters SINGAPORE, October 26 – Singapore will import electricity from Malaysia next year in a trial to diversify the Republic’s power supply. Making the announcement today, Trade …
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