As many 12 state-owned companies were asked to repurchase (buyback) shares of companies circulating in the public. This is in accordance with instructions from SOE Minister Erick Thohir following the drop in stock trading, which is reflected in the Composite Stock Price Index (CSPI). According to Erick Thohir through his Special Staff Arya Sinulingga explained, the stock index fell 6.58 …

General Chairman of the Nasdem Party Surya Paloh proposed the parliamentary threshold to 7%. That was said by Surya Paloh in his meeting with Golkar Party Chairperson Airlangga Hartarto. In response, the Prosperous Justice Party (PKS) did not agree with the Nasdem Chairman’s proposal. The reason is, PKS believes that many people will not be represented if the parliamentary threshold …

The police has confirmed that all the 27 victims of a speedboat collision in Sebangau River in the Central Kalimantan provincial capital of Palangka Raya on Monday have been evacuated. Of 27 victims, 20 were survived and seven others died. “In total, 27 people fell victim to the accident. Twenty of them survived, while seven others died. The survivors are …

The public are guaranteed to have free of charge for coronavirus tests. This was stated by the government’s COVID-19 or coronavirus mitigation spokesperson Achmad Yurianto. However, the test is not immediately given away to everyone. Achmad asserts that a person can only undergo such a test bearing an official doctor’s recommendation. “I would like to make it clear that there …

KUALA LUMPUR – Prime Minister Muhyiddin Yassin named CIMB Group chief executive officer Tengku Zafrul Tengku Abdul Aziz as new finance minister in his new administration. Tengku Datuk Seri Zafrul Tengku Abdul Aziz expressed gratitude towards the prime minister and pledged to work hard in serving the nation. “I am humbled by this enormous responsibility especially at a time when …

PUTRAJAYA  – Amid the Covid19 outbreak in the country, the Health Ministry in cooperation with private medical providers and hospitals, has launched a home-based sampling service. In a press conference on ‘Uberisation: Home Sampling COVID-19’, Datuk Dr Noor Hisham Abdullah, Health director-general, shared the news that the Ministry of Health has no barriers for those who want to get the …

KUALA LUMPUR – In a social media post of Datuk Seri Dr Ahmad Zahid Hamidi, it reads that he has turned down the Cabinet post to focus on preparing UMNO for the 15th General Election. He said that they will take into consideration the grassroots’ vote and needs of Perikatan Nasional to put back the people’s faith in the government …

KUALA LUMPUR – Datuk Seri Mohamed Azmin Ali was among the four who were appointed on March 9 as the senior ministers by Prime Minister Tan Sri Muhyiddin Yassin. He is now the Minister of International Trade and Industry. The other three are Umno’s Datuk Seri Ismail Sabri Yaakob as Defence Minister, Gabungan Parti Sarawak’s Datuk Seri Fadillah Yusof as …

KUALA LUMPUR – From 99 cases, the Ministry of Health has issued a statement that Covid-19 cases soar to 117 as at writing, March 9. Director-general Datuk Dr Noor Hisham Abdullah said the patient identified as case 101 is a businessman with a travel history to Iran from Feb 20 to 27 with his business partner. In a report, Dr …

Grab Thailand Co has closed its Bangkok office until Friday for disinfection after a Singapore-based employee who worked in the office last week tested positive for coronavirus disease. An employee of Grab Holdings Inc in Singapore visited the Bangkok office on the 19th floor of the UBC 2 building, working there on Thursday and Friday last week, according to the …