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Khalid to discuss Kg Baru land purchase offer with Dr M this weekend

PUTRAJAYA: Federal Territories Minister Khalid Abdul Samad said he will meet Prime Minister Tun Dr Mahathir Mohamad to discuss the government’s offer to purchase Kampung Baru land from its owners at the Pakatan Harapan (PH) leaders’ retreat this weekend. He

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Dr M: Waytha Moorthy will remain a minister

PUTRAJAYA:  Prime Minister Tun Dr Mahathir Mohamad stood firm saying that P Waytha Moorthy will continue to serve as Minister in the Prime Minister’s Department. Mahathir also dismissed calls by certain quarters who called for Waytha Moorthy to be removed

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M’sia proposes RM86mil fine on Grab for abusive practises

Malaysia’s competition regulator today proposed a fine of more than RM86 million on ride-hailing firm, Grab for violating the country’s competition law by imposing restrictive clauses on its drivers. The Malaysia Competition Commission (MyCC) ruled that Singapore-based Grab, which has

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UKM: Govt must introduce the Equitable Opportunity Act

The government needs to consider formulating the Equitable Opportunity Act on a needs-based system, in line with the original objective of Vision 2020 to create a developed country that strives for inclusive and sustainable economic growth. Universiti Kebangsaan Malaysia’s (UKM)

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Dr M: We may bring back GST….if the public agrees

PUTRAJAYA: The government may consider reintroducing the controversial Goods and Services Tax (GST), provided the public backed the move. Prime minister Tun Dr Mahathir Mohamad said this in response to Malaysian Institute of Economic Research’s (MIER) suggestion yesterday for the

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KLCI falls 0.65% due to possible US-Europe trade war

KUALA LUMPUR: The FBM KLCI lost 0.65% at mid-morning today as sentiment turned weak in line with the downward trend at regional markets on worries of a fresh trade war between US and Europe. At 10am, the FBM KLCI lost

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Ringgit soars against the US dollar early today

KUALA LUMPUR: The ringgit opened higher against the US dollar today due to better demand for the local currency and following the release of weaker US manufacturing data, as well as fewer jobs created in the country. At 9.03 am,

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Sabah gov’t lauds swift arrests of pygmy elephant killers

The Sabah state governmen lauded the swift action of the police and the Sabah Wildlife Department (SWD) in arresting six men suspected of brutally killing a male pygmy elephant in Kalabakan, Tawau, recently. Sabah deputy chief minister Datuk Christina Liew,

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AME’s IPO oversubscribed by 4.39 times

KUALA LUMPUR: Integrated industrial property solutions provider AME Elite Consortium Bhd’s initial public offering (IPO) has been oversubscribed by 4.39 times, ahead of its listing on the Main Market of Bursa Malaysia on Oct 14. In a statement Wednesday, AME

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PH party leaders slam opposition parties for criticising EC

KUALA LUMPUR: Several Pakatan Harapan (PH) leaders today slammed some opposition parties and their leaders for finding fault with the Election Commission (EC) over the dates set for the Tanjung Piai parliamentary by-election in Johor. MCA and UMNO have claimed

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