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BNM cuts OPR by 25 bp to 2.50%

KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50% at its meeting today. In a statement today, BNM said the ceiling and floor

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Three underlying forces fuelled Malaysia’s recent political crisis

Muhyiddin Yassin was sworn in as Malaysia’s eighth Prime Minister on Sunday (Mar 1). This surprised many as most observers were expecting Mahathir Mohamad, Malaysia’s interim PM, to have the upper hand. In fact, on Saturday night, Mahathir had published

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RICOH Hong Kong offers 3-month complimentary Cloud Collaboration Services, unlocking the full capability of Remote Working

HONG KONG, March 3, 2020 /PRNewswire/ — RICOH Hong Kong, the leading pioneer of Smart Workplace services, is committed to providing a wide range of technology business solutions to achieve more efficient smart workplace. Advocating the concept of Remote Work,

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OANDA adds cutting-edge new Chasing Returns functionality to all platforms

LONDON, March 3, 2020 /PRNewswire/ — A global leader in online multi-asset trading services and currency data and analytics, OANDA has further strengthened its partnership with Dublin-based FinTech firm Chasing Returns in order to offer clients around the world an expanded suite of

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COVID-19: China advises overseas Chinese to stay away from the country

BEIJING: Chinese authorities today asked overseas Chinese to reconsider or minimise their travel plans as the coronavirus epidemic spreads across the world and prompts an uptick of imported cases arriving in the country. Travellers from countries with severe coronavirus outbreaks

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Thai police nab Malaysian man and wife over phone scam

BANGKOK: Police have nabbed a Malaysian man and his Thai wife for allegedly having swindled victims out of millions of baht in a phone scam. The 29-year-old man and his 33-year-old wife, who led a lavish lifestyle, were arrested on

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Court accepts apology, Zahid freed from contempt of court charge

KUALA LUMPUR: The High Court today dismissed an application by the prosecution to initiate contempt of court proceeding Datuk Seri Dr Ahmad Zahid Hamidi after the former deputy prime minister issued an open apology. Judge Collin Lawrence Sequerah made the decision after hearing

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Farhash: Perak PKR will champion reforms, abhor selfish politicians

PUCHONG: With the fall of Perak Pakatan Harapan state government to Perikatan Nasional, the state PKR chief vowed to continues its reform agenda and pick credible leaders in the future. In a statement, Perak PKR chief Farhash Wafa Salvador Rizal

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The Edison Hotels Ensures Safety for Guests and Staff

PENANG, Malaysia, March 3, 2020 /PRNewswire/ — “Penang is a safe destination” was the message from tourism officials. Since the outbreak of Covid-19, there have not been any reported cases in Penang. However, all stakeholders, including The Edison George Town are

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Uphold principles of loyalty to King, country and ruling government

SERDANG: Civil servants must, at all times, uphold the principles of loyalty to the King, the country and the ruling government, Ministry of Communications and Multimedia (KKMM) secretary-general Datuk Suriani Ahmad said. In fact, she said it is the responsibility of civil servants

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