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Aker Solutions manager charged in Malaysia over alleged false documentation

KUALA LUMPUR: A Malaysian manager of Norway’s largest oil services provider Aker Solutions was charged on Friday over allegations he submitted false documents in dealings with state-owned energy firm Petronas, according to a court charge-sheet. Ahmad Hatta Kamaruzzaman, 49, pleaded not

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Mustapa: Banks need to give clear explanation about moratorium to affected M40

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) needs to provide a clear explanation about moratorium for M40 income earners affected by the Movement Control Order (MCO) 3.0, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed(pix) said.

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Govt channeling RM5.08 bln to micro SMEs under GKP, payment of RM1.5 bln starts on June 10

KUALA LUMPUR: A total of RM5.08 billion has been and will be channelled to nearly one million micro small and medium enterprises (MSMEs) under the Geran Khas Prihatin (GKP) to tide over their difficulties since Covid-19 hit the country, Finance

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BNM: All loan borrowers with reduced income eligible for lower monthly instalments

KUALA LUMPUR: Bank Negara Malaysia (BNM) today reiterated that all loan borrowers who have suffered a drop in income, including salary, allowances, commissions and household incomes, are eligible for a reduction of monthly instalments according to the reduced income. In

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MCO 3.0: 2,262 enforcement officers, 222 consumerism coordinators monitoring supply of essential goods nationwide

KUALA TERENGGANU: The supply of essential goods nationwide is still adequate and stable despite the reported increase in shopping activities at supermarkets over the past three days, says Deputy Minister of Domestic Trade and Consumer Affairs Datuk Rosol Wahid (pix). He

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US Department of Justice remits RM1.9 bln of seized 1MDB funds to Malaysian government

KUALA LUMPUR: The United States (US) Department of Justice (DOJ) has remitted about RM1.9 billion (US$452.36 million) seized in matters related to the 1Malaysia Development Bhd (1MDB) into Malaysia’s Assets Recovery Trust Account, the Ministry of Finance (MoF) said. To date,

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Malaysia needs new generation of manufacturers to remain sustainable

KUALA LUMPUR: Malaysia needs to create a new generation of manufacturers to be more agile, flexible, sustainable and productive amidst the fast-evolving needs of the industry and economic uncertainties. Deputy Minister of International Trade and Industry (MITI), Datuk Lim Ban Hong said

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Ramadhan #DiSurabayaAja with Four Points by Sheraton Surabaya, Pakuwon Indah

SURABAYA, Indonesia, April 27, 2021 /PRNewswire/ — In this month of Ramadan in 2021, Four Points by Sheraton Surabaya, Pakuwon Indah presents an interesting experience for those who miss the atmosphere of breaking the fast with family and friends at the hotel

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Finance Ministry sees aid measures helping to achieve good data, boosting GDP this year

KUALA LUMPUR: The Finance Ministry believes the implementation of various financial aid and support measures for the people and close monitoring can help the country to achieve good data, hence helping Malaysia towards achieving its gross domestic product (GDP) target of

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Sufficient supply of fresh chicken until after Raya Celebration

PUTRAJAYA: The supply of fresh chicken is guaranteed to be sufficient until after the Aidilfitri celebration, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi. He said that his ministry had held discussions with several large-scale poultry producers,

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