Malaysian railways offers 50 percent discounts for ETS, KTM intercity services

KUALA LUMPUR, Oct 27 (NNN-BERNAMA) — Keretapi Tanah Melayu Berhad (KTMB) is offering discounts of up to 50 per cent for Electric Train Service (ETS) and KTM Intercity services starting from today until Nov 9. KTMB chief executive officer Datuk Ir. Kamarulzaman Zainal said the discount was for travel to any existing destinations involving…

GPS calls on all parties to cease politicking

KUCHING, Oct 27 (NNN-BERNAMA) — Gabungan Parti Sarawak (GPS) today called on all parties to heed the  decree and advice by Malaysia’s King Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah to cease all forms of politicking that could disrupt the stability of the country’s administration. GPS Chief Whip Datuk Seri Fadillah Yusof said His Majesty’s…

Police nab 109 syndicate members of non-existent loan schemes

KUALA LUMPUR, Oct 27 (NNN-BERNAMA) — A total of 109 members of syndicates offering non-existent loans involving about RM43 million losses have been detained from early this year until August through Op Seagul conducted nationwide. Bukit Aman Commercial Crime Investigation Department director Datuk Zainuddin Yaacob said all the suspects were detained in 13 operations to curb non-existent loan frauds that were becoming rampant during the implementation of…

Maybank Indonesia retains performance with US$75 mln in PATAMI for first 9 months

KUALA LUMPUR, Oct 27 (NNN-BERNAMA) — PT Bank Maybank Indonesia Tbk’s profit after tax and minority interest (PATAMI) was unchanged at 1.1 trillion rupiah (US$75.07 million, US$1 = 14,651 rupiah) for the nine months ended Sept 30, 2020, compared with the previous corresponding period. Disciplined cost management, coupled with solid growth in Shariah…

Malaysia hits highest daily tally of 1,240 new COVID-19 cases

PUTRAJAYA, Oct 26 (NNN-BERNAMA) — Malaysia reported 1,240 new COVID-19 cases today, the highest daily tally so far, said Health director-general Tan Sri Dr Noor Hisham Abdullah. He said the latest development took the cumulative tally for positive cases to 27,805, while the number of active cases with infectivity potential stood at…

CMCO to be extended in Selangor, KL, Putrajaya till Nov 9

KUALA LUMPUR, Oct 26 (NNN-BERNAMA) — The Conditional Movement Control Order (CMCO) in Selangor, Kuala Lumpur and Putrajaya, scheduled to end tomorrow, will be extended by another two weeks until this Nov 9. Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said this was decided at the special National…

Thai parliament starts two-day special session over ongoing protests

By Linda Khoo Hui Li BANGKOK, Oct. 26 (NNN-BERNAMA) — Thailand’s Parliament began a special session today to discuss the on-going protests in the country demanding political change, including demands for the prime minister to step down. In his opening address, Prime Minister Prayuth Chan o-cha said the anti-government protests…

APEC leaders to have virtual meeting on Nov 20

KUALA LUMPUR,  Oct 26 (NNN-BERNAMA) — Malaysia will convene the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM) on Nov 20 this year virtually — the first in APEC history — amidst the COVID-19 pandemic backdrop.  As the host of APEC 2020, Malaysia is resolute to ensure the success of APEC meetings this year.…

Constitutional monarchy, parliamentary democracy put Malaysians’ welfare first – Malay Rulers

KUALA LUMPUR, Oct 26 (NNN-BERNAMA) — The Malay Rulers who attended the special meeting at Istana Negara (National Palace) on Sunday emphasised the importance of Malaysia’s constitutional monarchy and parliamentary democracy in giving priority to the people’s welfare, said Keeper of the Rulers’ Seal Syed Danial Syed Ahmad. “The Rulers…

Cagamas issues Malaysia’s first Asean SRI Sukuk for affordable housing

KUALA LUMPUR, Oct 26  (NNN-BERNAMA) — Cagamas Bhd, the National Mortgage Corporation of Malaysia, has announced the combined issuance of its inaugural ASEAN Sustainability SRI Sukuk (SRI Sukuk) and Islamic Medium Term Notes (IMTNs) totalling US$108.55 million (RM450 million), issued under its existing RM60 billion Islamic Medium Term Notes Programme. (US$1 = RM4.16)…