News by Wong Ee Lin

The amount was more than a 50% reduction over the previous year, the casino operator stressed that Lim's salary did not double as the media reported earlier.

The World Bank's lead economist for Malaysia Richard Record said it is important for Malaysia to identify a clear set of national investment aspirations in terms of what it wants to offer investors and what the country seeks in return.

“The strength and timing of Malaysia’s economic recovery, however, will depend largely on the timely availability of an effective mass vaccination programme."

Effective today (March 12), those who spread fake news "by any means, with intent to cause, or which is likely to cause fear or alarm to the public" could be fined up to RM100,000 or jailed up to three years, or both, if found guilty.

The project is expected to commence in June 2021 and will take approximately 48 months to be completed.

With more recoveries than new positive cases today, total active cases continued to decline to 25,542.

In China, the retailer saw its operating profit tripled to RM104.93 million in 2QFY21, from RM34.96 million. Vietnam reported an operating profit of RM412,000, against an operating loss of RM2.12 million in 2QFY20.

Uncertainties surrounding the Covid-19 pandemic as well as political developments will hamper investment decisions.

Choi had served as a member of the senior management of various financial groups in Hong Kong, including as a director of Tung Tai Securities Co Ltd from September 2000 to July 2003.

Due to lower contributions from its retail and hotel segments that were impacted by the Covid-19 pandemic