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Bank Muamalat offers moratorium relief for coronavirus-affected customers, staff
KUALA LUMPUR: Bank Muamalat Malaysia Bhd (Bank Muamalat) is offering a temporary moratorium of up to six months for the monthly instalment payments on certain financing obligations for all customers and staff, as a relief for those who have been
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Malaysia’s palm oil stocks drop 12.69% in Jan 2020
KUALA LUMPUR: Malaysia’s total palm oil stocks eased 12.69% to 1.76 million tonnes in January 2020 from 2.01 million tonnes recorded in December 2019. In a statement today, the Malaysian Palm Oil Board (MPOB) said crude palm oil (CPO) stock decreased by 17.13% to
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Malaysian-born Maha Sinnathamby invites the world to share his A$88 billion private city
KUALA LUMPUR: The journey from Negeri Sembilan to Queensland, Australia can take a day if you travel by plane, but for Maha Sinnathamby, it has taken a lifetime. The billionaire was born in the village of Rantau 80 years ago and
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Dr M: Malaysia’s economy to grow 4.5% this year
KUALA LUMPUR: Malaysia’s economy is expected to expand by 4.5% this year, Prime Minister Mahathir Mohamad said today, down from the government’s initial estimate of 4.8%. Mahathir cited “challenging times” for the downwards revision to the government’s forecast, which was
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MARGMA sees nearly 20% surge in Malaysia’s glove exports in 2020
KUALA LUMPUR: Malaysia’s rubber glove exports are likely to surge nearly 20% to 230 billion pieces in 2020, up from 192 billion pieces last year, as the world rolls up its sleeves to fight against the deadly novel coronavirus 2019
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Unemployment rate drops to 3.2% in fourth quarter 2019
PUTRAJAYA: The unemployment rate dropped to 3.2% in the fourth quarter of 2019 compared to 3.3% in the previous quarter, according to the Malaysia Labour Force Survey Report, Fourth Quarter 2019. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said
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AirAsia X forms committee to review Airbus bribery allegations
Malaysian long-haul budget airline AirAsia X has formed a board committee to review corruption allegations by Britain’s Serious Fraud Office (SFO), a stock exchange filing showed yesterday. The AirAsia X committee will comprise non-executive members of the board excluding Kamarudin
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E-wallet apps facilitate parental monitoring
KUALA TERENGGANU: It saves time, and is safe and easy to use. These are among the attributes of the Touch ‘n Go e-wallet application (app) that led Rohaizi Yusuf, 42, to use the app to give pocket money to her daughter, Nur Faqihah Zulkifli, 16.
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MITI monitoring coronavirus’ impact on trade, investment activities
KUALA LUMPUR: The International Trade and Industry Ministry (MITI) is closely monitoring the development of the 2019 novel coronavirus outbreak within countries that are Malaysia’s trading partners and have trade activities with China. Nevertheless, deputy minister Dr Ong Kian Ming
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Economic Boost For Second-Generation Felda Settlers
KUALA LUMPUR: Many a Felda settlement is encouraging its second- and third-generation settlers to pursue agro-based business ventures to improve their socio-economic status. Among them is Felda Bukit Aping Timur in Kota Tinggi, Johor, which has implemented a pilot entrepreneurial
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