Malaysia

KUALA LUMPUR – Malaysian sovereign wealth fund Khazanah Nasional Bhd posted a turnaround in the financial year of FY19 with a record profit booking a huge jump in gains from divestments as it braces for a challenging year due to the Covid-19 coronavirus. The sovereign wealth fund staged a profit from operations climbed to RM7.36 bil compared with a loss …

KUALA LUMPUR – Three more new Covid-19 cases were reported on Friday (Feb 28), bringing the total to 25. 22 patients have recovered and have been discharged. Health director-general Datuk Dr Noor Hisham Abdullah said one of the new cases was a Japanese woman, aged 41, who works in Malaysia. She also had history of flying in Japan and Indonesia. …

KUALA LUMPUR – In a report released on Friday, the Pakatan Harapan (PH) presidential council states that Anwar gets the most number of nominations from MPs based on a system that was set by the Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah several days ago. This is regardless of the palace’s statement which the Agong confirmed that he …

PUTRAJAYA – Should the Parliament gets dissolved in the stir of current political restructuring, the Election Commission (EC) is prepared to conduct an early general election. Chairman Datuk Azhar Azizan Harun states that Article 55(4) of the Federal Constitution stipulates that general elections must be held within 60 days of the dissolution of Parliament by the Yang di-Pertuan Agong. Approximately, …

PETALING JAYA – The Pakatan Harapan presidential council accused Dr Mahathir Mohamad of interfering with the Yang di-Pertuan Agong on the selection of next PM. The interim prime minister revealed yesterday that the king has yet to decide on who commands the majority to form the next government. “The announcement to call for the special parliamentary session challenges the rights …

KUALA LUMPUR – The Edge reported Friday evening that Tan Sri Tommy Thomas filed his resignation as Malaysia’s Attorney General. A source says that Thomas sent his letter to the interim prime minister who appointed him as AG. Thomas was the Attorney General from June 2018, marking his second term this year. As AG, he was persistent to go after …

With the current political turbulence that has been happening in Malaysia recently, it was revealed by Tun Mahathir himself that he was proposing to lead a unity government by inviting lawmakers from across the Opposition parties to join him. Tun Mahathir himself proposed the idea of a non-partisan and grand coalition ,a move that would see the country being governed …

PUTRAJAYA – Prime Minister’s wife Tun Dr Siti Hasmah Mohd Ali stopped by and distributed chocolates to journalist waiting outside Perdana Putra today. On her way to the Prime Minister’s Office at around 10am, she stopped by at the entrance to greet about 30 media personnel waiting there. Siti Hasmah handed out buckets of chocolates as she passed by a …

KUALA LUMPUR – Tun Dr Mahathir Mohamad has agreed to return as chairman of Parti Pribumi Bersatu Malaysia (Bersatu) three days after he quit as Malaysian PM. Party secretary-general Marzuki Yahya confirmed in a statement on Thursday, that Bersatu’s supreme council has unanimously rejected Mahathir’s resignation as party chief in a meeting last Tuesday. “Following the meetings today and YAB …

PUTRAJAYA – Dr Mahathir’s first official act as the interim prime minister of Malaysia was the announcement of RM20-billion stimulus lot to support the economy against the effects of the Covid-19 outbreak. Dr Mahathir also complimented the country’s health workers for efficiently holding Covid-19 in Malaysia. The country’s economic forecast was also reported today to grow at between 3.2 and …