KUALA LUMPUR – Despite a United Nations study showing that it experienced the worst decline in foreign direct investment (FDI) in the country last year, Malaysia has said it remains attractive to investors. On Monday (Feb 8), the Malaysian Investment Development Authority (MIDA) insisted that trust in foreign investors remained strong despite the study in The Straits Times on Feb …

KUALA LUMPUR: In the Transparency International (TI) Corruption Perceptions Index (CPI) for 2020, Malaysia dropped six spots to 57th position among 180 countries. Dr Muhammad Mohan, president of Transparency International Malaysia (TI-M), said Malaysia’s score also worsened to 51 out of 100 points in the CPI survey.“We may have dropped by two points which are statistically insignificant, but the drop …

KUALA LUMPUR — As most public and private entities have taken steps to improve the protection of their respective systems and remain vigilant at all times, the risk of cybersecurity threats in the country is still under control. Department chief Megat Muazzam Abdul Mutalib of the Malaysian Computer Emergency Response Team (MyCERT) said the recent threat posed by the hacker …

KUALA LUMPUR:  Malaysian opposition leader Anwar Ibrahim has filed a complaint against Prime Minister Muhyiddin Yassin and the federal government by initiating a judicial review questioning the advice of Mr. Muhyiddin to the king to suspend palliative sessions during the state of emergency of the country. Mr Anwar’s counsel, Ramkarpal Singh, claimed in a statement on Tuesday (January 26) that …

KUALA LUMPUR, Jan 19 — Today, after stating that the latter called on Umno MPs yesterday to endorse a special parliamentary session to address the state of emergency, Tan Sri Annuar Musa chided his Datuk Seri Ahmad Maslan. Annuar also accused the Secretary-General of Barisan Nasional (BN) and Umno of making unrealistic demands that could be “treasonous” to the Yang …

KUALA LUMPUR: Malaysia recorded a record high of 4,029 new COVID-19 cases and eight more deaths on Saturday (Jan 16). The remainder are local transmissions, apart from eight imported events, said Health Director-General Noor Hisham Abdullah. COVID-19; 16 Jan 2021J sembuh baru:2,148J kumulatif sembuh: 117,375 (75.7%)J kes baru:4,029J kes kumulatif:155,095J kes aktif:37,126Kes local:4,021 (2,710 WN 67.4% , 1,311BWN)Kes import:8J mati …

Malaysia’s king declared a nationwide state of emergency on Tuesday to curb the spread of Covid-19, a move that bolsters Prime Minister Muhyiddin Yassin’s precarious hold on power, and forestalls any attempt by opponents to force an early election. In a televised address on Tuesday, Muhyiddin said the parliament will be suspended for a stipulated period of time, and that …

KUALA LUMPUR- In the short term, Malaysia did not hesitate to extend its fiscal stance to support counter-cyclical economic recovery packages and RM322.5 billion in the nation’s largest national budget for 2021. Even though it was Malaysia’s largest budget ever, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said it was thought about with a simple fiscal consolidation strategy to, …

KUALA LUMPUR: The request for registration of a new political party headed by former Malaysian Prime Minister Mahathir Mohamad was denied, party lawyer Mior Nor Haidir Suhaimi said on Thursday (Jan 7). The proposal of Parti Pejuang Tanah Air (Pejuang) was denied by the Registrar of the Society (ROS) because it was wrongly performed, Mr Mior Nor Haidir said, adding …

Malaysia: The fee to be paid to Singapore by Malaysia after the termination of the Kuala Lumpur-Singapore High-Speed Rail (HSR) project cannot be revealed publicly because the agreement between the two countries includes a secrecy clause, said Mustapa Mohamed, Malaysia’s Minister in the Department of the Prime Minister (Economy).After the HSR agreement expired on Dec 31, 2020, the project was …