Malaysia

Malaysia ‘s military pension fund considers alternatives for its majority interest in Boustead Holdings Bhd like taking private conglomerate, said people with knowledge of the matter. Lembaga Tabung Angkatan Tentera, which owns a 59 per cent stake in Boustead, has been authorised for a loan to finance the transaction, one of the people. Boustead ‘s stock, an investment company with …

Google ‘s famous map service yesterday launched more ways to get users engaged with local companies trying to survive the coronavirus pandemic’s economic impact. The improvements to Google Maps were marketed as part of an attempt to support local restaurants and shops. They arrive a week after Facebook launched free resources to build electronic storefronts for merchants on the social …

A DAP MP from Melaka advised the recently established government of the Perikatan Nasional State to clean up reports that two individuals, including a former chief minister once suspended for “power politics” in Umno, are being considered for the Yang di-Pertua Negeri role. Kota Melaka MP Khoo Poay Tiong responded to the rumors that former chief minister Ali Rustam and …

DAP’s Lim Kit Siang today urged the government of Perikatan Nasional (PN) to explain that Parliament will begin its sitting before the September 2021 Budget session, as the numerous Parliamentary Select Committees have not met since last year. While the next parliamentary meeting is expected to take place from July 13 to August 25, he said parliamentarians are unsure if …

Veteran statesman Tun Daim Zainuddin supported Tun Dr Mahathir Mohamad ‘s decision to resign as prime minister on 24 February, saying conditions pushed him to do so. The former president of the Council of Eminent Persons made the comment during an interview with Malaysiakini and many other media organizations, and it is claimed that he was referring to a Supreme …

A representative of the Sarawak PBB criticized the governing Gabungan Parti Sarawak (GPS) over his alliance with Perikatan Nasional (PN) at Selangau MP Baru Bian. PBB vice president Abdul Karim Rahman Hamzah said that after condemning GPS members for denying that they were part of the PN administration, Baru was not eligible to speak on the issue. Baru said that …

This Raya is expected to be a depressed one for many Malaysians, owing to the Covid-19 pandemic ‘s multiple restrictions in effect. Still, technology is available to help keep in touch as well as entertain over the long weekend. If you happen to have the latest Apple iPhone SE, why not take as many pictures as you can with Portrait …

Malaysia’s largest listed banking group MALAYAN BANKING BHD (Maybank) has cautioned about its “extremely tough” prospects and the possibility of future margin compression ahead, as it started the 2020 financial year (FY20) with modest loan growth and a fall in total deposits. The bank, which is also the fourth largest bank by assets in South-East Asia, thus proposed theoretically lowering …

As restaurants and bars restart operations they need to determine whether and how to implement considerations, making adjustments to meet local community needs and circumstances. These implementations should be guided by what is achievable, practical, acceptable and tailored to each community’s needs. The more a person communicates with others, and the longer the exposure, the greater the chance of transmitting …

Tun Dr Mahathir Mohamad today rejected a recent letter from the Registrar of Societies (RoS) affirming his resignation as president of Parti Pribumi Bersatu Malaysia. Dr Mahathir clarified via his lawyers Mohamed Haniff Khatri Abdulla why he was declared as the party chairman just though he had resigned after he claimed uncontested in the party race. He is also contesting …