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Malaysia Malay Mail

Wed, 31 Mar 2021 16:57:23 +0800
Bank Negara’s stress tests show financial institutions resilient under two hypothetical adverse scenarios
KUALA LUMPUR, March 31 — Bank Negara Malaysia’s (BNM) stress tests that applies two hypothetical adverse scenarios show that financial institutions continue to remain resilient under simulated severe credit, income and funding shocks. In its...

Wed, 31 Mar 2021 16:37:07 +0800
In Kuala Lumpur, MACC arrests ex-bank president who allegedly received RM8m bribe to approve RM400m loan
PUTRAJAYA, March 31 — A former bank president-cum-managing director with the “Datuk” title was among four individuals arrested by the Malaysian Anti-Corruption Commission (MACC) yesterday for allegedly receiving bribes to approve a financial...

Wed, 31 Mar 2021 16:27:25 +0800
Court allows Najib, Rosmah, owner of Lebanese jewellery firm to inspect 11,991 valuables at Bank Negara on July 12
KUALA LUMPUR, March 31 — Former Prime Minister Datuk Seri Najib Razak and his wife, Datin Seri Rosmah Mansor, as well as the owner of Lebanese jewellery firm Global Royalty Trading SAL, Samer Halimeh,  will inspect 11,991 jewellery pieces....

Wed, 31 Mar 2021 16:21:01 +0800
Miti: Azmin to lead trade and investment mission to South Korea, Japan
KUALA LUMPUR, March 31 — Senior Minister and Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali will lead a trade and investment mission to South Korea and Japan from April 1-6, 2021. In a statement today, the Ministry of...

Wed, 31 Mar 2021 16:10:09 +0800
Bank Negara: Most households have resumed repayments in banking system
KUALA LUMPUR, March 31 — Repayments by households in the banking system in the second half (H2) of 2020 — excluding credit cards — reached 93 per cent of levels seen in the previous year’s corresponding period, indicating that most have...

Wed, 31 Mar 2021 16:01:16 +0800
Bank Negara: Headline inflation turns slightly positive in February, rising to 0.1pc
KUALA LUMPUR, March 31 — Headline inflation turned slightly positive, rising to 0.1 per cent in February 2021, versus a contraction of 0.2 per cent in January, driven by higher domestic retail fuel prices. Bank Negara Malaysia (BNM) said...

Wed, 31 Mar 2021 15:54:27 +0800
Hishammuddin to make two-day official visit to China from tomorrow
KUALA LUMPUR, March 31 — Foreign Minister Datuk Seri Hishammuddin Hussein will be making a two-day official visit to China starting tomorrow at the invitation of his Chinese counterpart, Wang Yi. The Ministry of Foreign Affairs in a statement said....

Wed, 31 Mar 2021 15:14:27 +0800
Johor DAP vice chief demands Putrajaya explain RM320m compensation to Singapore for HSR cancellation
JOHOR BARU, March 31 — A Johor DAP leader questioned the Perikatan Nasional (PN) federal government’s silence about the RM320.27 million reimbursement to Singapore as compensation for costs incurred in the cancelled the Kuala Lumpur-Singapore...

Wed, 31 Mar 2021 15:12:11 +0800
Ex-cop sentenced to death in KL for step-daughter’s murder
KUALA LUMPUR, March 31 — A former police corporal told his family members to accept what had happened and to look after his children after the High Court here today sentenced him to death by hanging for killing his step-daughter six years ago....

Wed, 31 Mar 2021 15:04:36 +0800
New Emergency law introduced, allows Malaysian government to approve additional spending without going through Parliament
KUALA LUMPUR, March 31 — A new law gazetted today will temporarily allow the Finance Ministry to approve additional spending of the federal government’s funds beyond the initial Budget without going through the usual route of seeking...

Wed, 31 Mar 2021 14:41:32 +0800
In cryptic post on party hoppers, Zahid says haram for Muslims to eat ‘animals with two habitats’
KUALA LUMPUR, March 31 — Umno president Datuk Seri Ahmad Zahid Hamidi shared a cryptic post on party hoppers yesterday, taking a veiled jab at them by labelling them as frogs “bred by certain towkays”. In what seemed to be a dedicated posting.....

Wed, 31 Mar 2021 14:37:24 +0800
Sarawak Marine Police seize RM30m worth of illicit cigarettes, alcohol in biggest raid this year
SIBU, March 31 — Sarawak Marine Police Region 5 has scored its biggest contraband bust so far this year with the seizure of cigarettes and alcoholic beverages worth about RM30.14 million during an operation in Tanjung Kunyit on March 12. State...

Wed, 31 Mar 2021 14:12:15 +0800
Sabah Umno’s decision to stay with GRS a good move which prioritises the people, says Sabah PAS secretary
KOTA KINABALU, March 31 ― The decision of Sabah Umno to maintain cooperation with Gabungan Rakyat Sabah (GRS) is a move which puts the people first, said Sabah PAS secretary, Dr Aliakbar Gulasan. The Sabah appointed assemblyman said therefore the.....

Wed, 31 Mar 2021 13:54:56 +0800
Water dispute: Kedah will insist on payment from Penang even if federal govt intervenes, says mentri besar
ALOR SETAR, March 31 ― The Kedah government still insists on raw water supply charge to be imposed on Penang, even if the matter is brought to the federal government to be solved. Mentri Besar Muhammad Sanusi Md Nor said every development project.....

Wed, 31 Mar 2021 13:37:43 +0800
Bank Negara governor: Malaysia needs to reset, seize new growth opportunities
KUALA LUMPUR, March 31 ― Malaysia needs a reset and to seize new growth opportunities in order to emerge stronger from the pandemic, said Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus. She proposed that focus should be on...

Wed, 31 Mar 2021 13:30:34 +0800
PAS, Bersatu say staying together for GE15
KUALA LUMPUR, March 31 — Parti Pribumi Bersatu Malaysia and PAS will maintain their political cooperation through Perikatan Nasional into the 15th general election (GE15), the two parties’ secretaries-general announced today. The decision will...

Wed, 31 Mar 2021 13:24:03 +0800
Protect Malaysia’s gig workers and ensure no monopolies possible through legal loopholes, PKR Youth chief tells govt
KUALA LUMPUR, March 31 — The Malaysian government should take steps to protect the welfare of gig workers and also close any possible loopholes that would enable monopolies by businesses, PKR Youth chief Akmal Nasir said today. Akmal, who is also.....

Wed, 31 Mar 2021 13:19:03 +0800
Sarawak CM: PM Muhyiddin agrees to review constitutional definition of Malaysia
KUCHING, March 31 ― Prime Minister Tan Sri Muhyiddin Yassin has agreed to relook Article 160 of the Federal Constitution on the interpretation of the Federation of Malaysia, Chief Minister Datuk Patinggi Abang Johari Openg said today. He said the.....

Wed, 31 Mar 2021 12:38:07 +0800
BNM: Headline inflation to surge beyond 5pc in coming quarter
KUALA LUMPUR, March 31 — The country’s headline inflation is anticipated to temporarily spike to above 5.0 per cent in the second quarter of this year due to a lower base from low fuel prices in the corresponding quarter of 2020, and average to.....

Wed, 31 Mar 2021 12:09:50 +0800
After HSR cancelled, Guan Eng asks if Perikatan still cares about Malaysians
KUALA LUMPUR, March 31 — Former finance minister Lim Guan Eng questioned today the Perikatan Nasional’s (PN) motive for terminating the Kuala Lumpur-Singapore High Speed Rail (HSR) project.  Lim has asked if PN was still interested in...

Wed, 31 Mar 2021 12:00:31 +0800
Astro Awani apologises to Zahid over unintended mistake in news clip on his corruption trial
KUALA LUMPUR, March 31 — Media outlet Astro Awani today apologised to former deputy prime minister Datuk Seri Ahmad Zahid Hamidi over an unintentional error in a video clip over the latter’s ongoing trial at the High Court. In a statement...

Wed, 31 Mar 2021 11:34:49 +0800
Bank Negara: Malaysia can emerge stronger post-pandemic by accelerating strategies to address three D’s of supply side reforms
KUALA LUMPUR, March 31 — Malaysia can emerge stronger in the post-pandemic future by accelerating strategies to address the three D’s of supply side reforms known as accelerating digitalisation, rethinking down streaming, and reducing...

Wed, 31 Mar 2021 11:24:59 +0800
Unsold commercial properties worrisome, says Bank Negara governor
KUALA LUMPUR, March 31 — The number of unsold properties has seen a respite amid the government’s Home Ownership Campaign (HOC) except for the commercial market, which remains worrisome amid the new norms, Bank Negara Malaysia (BNM)...

Wed, 31 Mar 2021 11:18:16 +0800
Air Selangor: Water supply in Petaling, Klang, Shah Alam still not fully recovered
KUALA LUMPUR, March 31 — Pengurusan Air Selangor Sdn Bhd (Air Selangor) is still in the process of stabilising the water supply distribution system in Petaling, Klang and Shah Alam areas. Its corporate communication chief Elina Baseri in a...

Wed, 31 Mar 2021 10:59:04 +0800
No immediate plans to issue central bank digital currency, says Bank Negara
KUALA LUMPUR, March 31 — Bank Negara Malaysia (BNM) does not have any immediate plans to issue Central Bank Digital Currency (CBDC). The central bank said in Malaysia the financial system continues to support the functioning of the economy while...

Wed, 31 Mar 2021 10:56:46 +0800
Bank Negara: Despite movement curbs, cash was king in 2020 hitting highest annual growth in 10 years
KUALA LUMPUR, March 31 — Despite movement restrictions and rapid acceleration in e-commerce and online spending in 2020, cash remained the most prevalent medium of payment in the year, which saw an annual growth of 14.3 per cent, the highest...

Wed, 31 Mar 2021 10:53:43 +0800
Report: Malaysian, Indonesian IS supporters call for more violence after terror attack in Makassar
KUALA LUMPUR, March 31 — Indonesian and Malaysian supporters of the Islamic State terrorist group called on Monday for further attacks in Indonesia following a bombing in Makassar, Indonesia, the South China Morning Post (SCMP) reported. ....

Wed, 31 Mar 2021 10:31:30 +0800
Malaysia’s economy to rebound between 6.0-7.5pc this year, says BNM governor
KUALA LUMPUR, March 31 — The Malaysian economy is projected to expand between 6.0 per cent and 7.5 per cent in 2021 compared with a contraction of 5.6 per cent in 2020, supported by domestic factors such as consumption and a brighter external...

Wed, 31 Mar 2021 09:59:27 +0800
Actor Afdlin Shauki joins PKR, says inspired by Anwar’s political resolve
KUALA LUMPUR, March 31 — Actor and producer Datuk Afdlin Shauki has entered PKR, citing admiration for party president Datuk Seri Anwar Ibrahim’s political resolve and “magnanimity” in forgiving political rivals. Astro Awani reported that...

Wed, 31 Mar 2021 09:18:01 +0800
Muhyiddin says Perikatan administration intact, Umno leaders to stay in Cabinet for nation’s good
KUALA LUMPUR, March 31 — Prime Minister Tan Sri Muhyiddin Yassin said he has managed to convince Umno ministers to remain in his Cabinet for the benefit of the country, following a meeting with them on Monday. Muhyiddin met the Umno ministers a...



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