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Samurai bond: Govt considers forex rate, finance cost before finalising

KUALA LUMPUR: The government will always take into account the foreign exchange (forex) rate as well as the financing cost before finalising the second Samurai bond issuance, said Deputy Finance Minister Datuk Amiruddin Hamzah. This was to ensure the financial

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RTS review needs six months-time extension

KUALA LUMPUR: Malaysia needs a six-month extension to review the implementation aspects and several agreements regarding the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, said Transport Minister Anthony Loke Siew Fook. He also asserted that the extension period was

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Motorcycle ride-hailing to be discussed at Dewan Rakyat today

KUALA LUMPUR: The implementation of motorcycle ride-hailing services such as Dego Ride and Gojek are among the issues that will be raised at the Dewan Rakyat session today. According to the Dewan Rakyat order paper, the matter will be raised

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Services of 24,600 private sector employees terminated as of Sept 30

KUALA LUMPUR: A total of 24,600 private sector employees were laid off as of Sept 30, the Dewan Rakyat was told today. Human Resources Minister M Kulasegaran said of these, 21,625 involved ordinary termination, while 2,975 employees were in voluntary

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Number of employees offered VSS among issues in Dewan Rakyat today

KUALA LUMPUR: The issue of the number of termination of employees’ services in all sectors including through the voluntary separation scheme (VSS) in 2018 and 2019 will set the ball rolling at the Dewan Rakyat sitting today. According to the

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Khalid: Umno practises thuggery, tie-up with PAS made them worse

PUCHONG: Federal Territories Minister Khalid Samad today lashed out at Umno and PAS, accusing them of practising political thuggery and hypocrisy. In a series of tweets, Khalid pointed out to the unruly behaviour of Umno lawmakers, particularly Pasir Salak MP

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M’sia working together with Jordan to open Palestine embassy office

KUALA LUMPUR: The Foreign Ministry has begun to gather information to realise the government’s decision to open a Malaysian diplomatic representative office accredited to Palestine in Amman, Jordan. Its minister Datuk Saifuddin Abdullah said the Malaysian Foreign Ministry and the

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Employees laid off since January entitled to full-fledged EIS benefits

KUALA LUMPUR: Private sector workers who were retrenched since January this year have been entitled to full-fledged benefits through the provisions of the Employment Insurance System (EIS) Act to receive temporary financial assistance as well as to help them find

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Foreigners can only purchase homes at reduced prices next year

KUALA LUMPUR: The proposal to lower the ceiling price of condominium and apartment units in the city for foreigners to buy from RM1 million to RM600,000 would be implemented for a period of one year only. Housing and Local Government

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Gobind: Govt to strengthen laws on data protection

KUALA LUMPUR: The government is in the midst of improving existing laws on data protection to counter the challenges and cyber threats faced today. Referring to a recent hacking incident involving the Universiti Malaya (UM) e-pay portal on Thursday, Communications

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