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Shafee’s money-laundering trial vacated to make way for Najib’s ongoing trial
KUALA LUMPUR: The trial of Tan Sri Muhammad Shafee Abdullah, who is facing two counts of money laundering charges involving RM9.5 million he allegedly received from former prime minister Datuk Seri Najib Abdul Razak, and two charges of making false
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Two more held for allegedly insulting King on Facebook
KUALA LUMPUR: Police have arrested two more individuals for allegedly insulting the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah on Facebook. Bukit Aman Criminal Investigation Department director Datuk Huzir Mohamed said the two men were detained in Sandakan, Sabah and
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Political intervention in corruption case involving UMNO leaders
I refer to statements by political and non-political parties calling for no political intervention in the case of corruption involving UMNO leaders. (And investigation of corruption cases against PAS leaders) The call is of course a futile call and a
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Kelantan Umno will not demand state govt posts – Ahmad Jazlan
KOTA BHARU: Kelantan Umno will not demand any post in the PAS-led state government, said its Liaison Committee chairman Datuk Ahmad Jazlan Yaakub. He also reminded Kelantan Umno members not to turn the issue into a polemic. “(Not holding) a post does
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Southern Thailand peace talks to resume in KL on March 4
PATTANI: The second round of the Southern Thailand peace talks will go on as scheduled this week despite the change of government in Malaysia. A Barisan Revolusi Nasional (BRN) source said the meeting, to be held on March 4, will see Malaysia’s
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Khazanah, govt to further review proposals for Malaysia Airlines
KUALA LUMPUR: Malaysia’s sovereign wealth fund Khazanah Nasional Bhd says it will continue to work closely with the government and Malaysia Airlines to further review the proposals and finalise a decision on the appropriate strategic option moving forward. Managing director Shahril
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Bursa opens at lowest level since 2011
KUALA LUMPUR: Bursa Malaysia extended its losses to open lower today following Wall Street’s downward performance last Friday. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 22.83 points, or 1.54 per cent to 1,459.81 from last Friday’s close
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Khazanah reports RM7.36 bln profit
KUALA LUMPUR: Khazanah Nasional Bhd, in the first full year of its refreshed mandate, reported a turnaround in overall performance for 2019 with record profits from operations contributed by higher divestment gains and lower impairments, and robust portfolio returns. It
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My case not dropped, just postponed for today, says Zahid Hamidi
KUALA LUMPUR: Umno president Datuk Seri Dr Ahmad Zahid Hamidi said his ongoing court case was only postponed for one day and has not been dropped. He said the trial would resume tomorrow. “The case has not been dropped,” he said in
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New study by Roland Berger expects lower profitability ahead for Thailand banking sector amid economic headwinds
BANGKOK, March 2, 2020 /PRNewswire/ — A new study by management consultancy Roland Berger confirms that banks in Thailand are facing deteriorating market structure, which sees intensifying competition, commoditization of services, shrinking of some fee revenues, and potentially increasing Non-Performing
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