Tengku Adnan applies for in-camera proceedings for RM2m corruption trial
The application by Tengku Adnan's lawyer Datuk Tan Hock Chuan has to do with Tengku Adnan tendering documents for his asset declaration.
Ku Nan used own money first to fund Umno before receiving RM2m 'donation'
Tengku Adnan, also known as Ku Nan, explained that the RM2 million was issued as a cheque to his private company, Tadmansori Holdings Sdn Bhd, by Chai as a political donation.
Economists divided on whether BNM will cut rate next round
BNM said yesterday that Malaysia's economy grew at a moderate pace of 4.3% in 2019, and looking ahead, growth, particularly in 1Q2020, will be affected by the COVID-19 outbreak primarily in the tourism-related and manufacturing sectors.
Public Bank and Public Islamic Bank to reduce base rate by 0.25%
In a statement today, Public Bank said its fixed deposit rates will also be correspondingly adjusted by 0.25%, effective on the same date.
OPR down to 2.5% for first time in a decade
Hours later, the US Federal Reserve also announced an emergency half-percentage point interest rate cut in a bid to protect the longest-ever economic expansion from the outbreak.
RHB IB: BNM appears to indicate no further rate cuts unless GDP trajectory is disrupted
In a note today, the research house said it expects overnight policy (OPR) rate to stay put for the time being after BNM cut OPR by 25 basis points to 2.5% – its second cut this year.
Dr M rejects Muhyiddin’s claim that country's crisis started when the former resigned as PM
“The truth is that I resigned because in the declaration before His Majesty the Yang di-Pertuan Agong, I did not receive support from my supporters. I did not have the majority and was no longer eligible to be the prime minister.”
DONE DEAL: Condominium unit, The Hamilton, Wangsa Maju, KL
Rented for: RM2,500 per month (RM2.50 psf); Concluded by: Kenny Lee (REN 18277) (012-2859790) of PropNex Realty Sdn Bhd; When: Dec 3, 2019
Jho Low denied knowing anything about Najib’s Ambank account
“As far as I can recall, I did not suggest to the prime minister to open any accounts at AmBank, also at this time I don’t know what and how many accounts the PM had at AmBank at that time. I didn’t know that Nik Faisal was authorised to manage the prime minister’s account.”
Ranhill secures three contracts worth RM110m
“The contract is also part of the capex (capital expenditure) works programme being implemented by Pengurusan Aset Air Bhd for the development of water infrastructure in Johor.”
