HLIB: More US-China trade tensions could prompt OPR cut to 2.75% — lowest since March 2011
As a small open economy, Malaysia will not be insulated by the escalating trade tensions, HLIB said in a strategy note today.
Malaysia's household debt deleveraging to continue: Report
The stock of household debt as a share of gross domestic product (GDP) in Malaysia has declined over the years, thanks in part to a weaker housing market, and more deleveraging is likely to continue.
MRCB bags RM150m contract to supply chilled water to office building in Kwasa Damansara
KD District Cooling System Sdn Bhd (KDDCS) was awarded the contract by the Employees Provident Fund Board's (EPF) wholly-owned unit Kwasa Utama Sdn Bhd to supply chilled water to an office building in Kwasa Damansara for a period of 25 years from Sept 1.
BNM may cut OPR again if there is further rate cut by Fed, says MARC
"Although our base case scenario calls for the OPR to remain at status quo for the rest of the year, we do not rule out the possibility of another downward adjustment in 2020 if macroeconomic conditions deteriorate," MARC chief economist Nor Zahidi Alias said.
Sime Darby Property secures 72% take-up for Laman Lakeside in Klang
Laman Lakeside is part of the group’s Spotlight 8 campaign and the second residential product launched in July within the Bandar Bukit Raja township, after the Kyra two-storey link homes that were launched on July 13.
ECRL committee shortlists 331 potential bidders for 4Q tender call
Minister of Finance Inc's wholly-owned subsidiary MRL said in a statement today that calls for local contractors to submit their tenders will start in the fourth quarter of 2019 following submission of pre-qualification (pre-Q) documents in the end of May this year.
High Court reserves judgment as Ku Nan's political donation trial concludes
Tengku Adnan, who is also known as Ku Nan, is charged in his capacity as Federal Territories Minister in 2016 to have accepted for himself RM2 million from Aset Kayamas Sdn Bhd managing director Tan Sri Chai Kin Kong via a Hong Leong Islamic Bank cheque belonging to Aset Kayamas.
Datuk accused of bribing Ku Nan seeks to dismiss joint trial application
Datuk Tan Eng Boon is accused of giving — and Ku Nan receiving — RM1 million for the approval of Nucleus Properties Sdn Bhd's application (now known as Paragon City Development Sdn Bhd) to increase the plot ratio relating to the development of Lot 228 along Jalan Semarak.
Umno Pekan exco fails in bid to settle half of MACC forfeiture claim
Umno Pekan committee member Ibrahim Awang Ismail, from whom the anti-graft agency has claimed RM100,000, filed a first representation on July 16 to settle half of that value.
High Court told of attempt to 'discreetly' move RM139m out of SRC in 2014
The transactions were attempted via bank drafts instead of digital transfers to avoid revealing that the funds came from the Minister of Finance Inc company, according to chat transcripts from the phone belonging to former AmBank relationship manager Joanna Yu.
