Update Najib’s Trial Day 7: Penang UMNO, UPKO received RM1 mln each, High Court hears

KUALA LUMPUR, April 23 (NNN-Bernama) — The High Court here hearing the case of former prime minister Datuk Seri Najib Tun Razak regarding criminal breach of trust (CBT) and other charges involving SRC International Sdn Bhd funds, was today told that Penang UMNO receivejd RM1 million from the party headquarters…

Najib paid RM300,000 for analysis on contents in Chinese media – witness

KUALA LUMPUR, April 23 (NNN-Bernama) — The High Court here was told today that former prime minister Datuk Seri Najib Tun Razak paid RM300,000 to a research company, Centre of Strategic Engagement Media Sdn Bhd (Cense), to analyse contents in the Chinese dailies. Cense founder-cum-director, Rita Sim Sai Hoon, who…

Understand Importance Of Peace And Harmony, Yadim Tells M’sians

PUTRAJAYA, April 23 (NNN-BERNAMA) — The Islamic Da’wah Foundation of Malaysia (Yadim) has called on all Malaysians to take lessons from the recent bombing incidents in Sri Lanka on Saturday, and understand the importance of maintaining peace and harmony in the country. Yadim president Nik Omar Nik Abdul Aziz in…

Government will monitor the ringgit’s performance, says Guan Eng

KUALA LUMPUR, April 23 (NNN-Bernama) — The government will monitor the ringgit’s performance in the foreign exchange market following the recent fall in the currency’s value, says Malaysia Finance Minister Lim Guan Eng. He said the ringgit’s performance should be evaluated on an annual basis, as it was normal for…

Malaysia sends palm oil economic mission to Saudi Arabia

MELAKA, April 21 (NNN-Bernama) — Malaysia is conducting a five-day Palm Oil Economic Mission to Saudi Arabia beginning Monday to discuss the commodity issue, as well as to promote its timber and furniture, Deputy Primary Industries Minister Datuk Seri Shamsul Iskandar Mohd Akin said. He said the mission would discuss…

Monday-Thursday foreign fund net outflow at RM373.6 mln

KUALA LUMPUR, April 21 (NNN-Bernama) — Total foreign funds net outflow from Monday to Thursday this week amounted to RM373.6 million compared to a deficit of RM162.8 million in the same period last week. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said foreign participation during the…

Dr. Mahatir reminds PNB not to be complacent in fulfilling its responsibility towards investors

SUNGAI PETANI, April 21 (NNN-Bernama) — Tun Dr Mahathir Mohamad has reminded the leadership and management of Permodalan Nasional Bhd (PNB) not to be complacent in fulfilling its responsibility and obligation in pursuing the hopes and aspirations of its investors. The Prime Minister said the responsibility shouldered by PNB is…

New ECRL route facilitates Quartz Ridge’s ratification as heritage site – expert

KUALA LUMPUR, April 21 (NNN-Bernama) — The government’s move to leave the Klang Gates Quartz Ridge in Gombak, Selangor, untouched under the renegotiated East Coast Rail Link (ECRL) project will facilitate the ratification of the area as a national and world heritage site, a heritage expert said. Describing the decision…

More deals from China following ECRL renegotiation — MITI

KUALA LUMPUR, April 20 (NNN-Bernama) — Malaysia’s trade policy adjustments and refinements are expected to result in a higher engagement with Chinese companies, particularly after the recent renegotiation on the East Coast Rail Link (ECRL) project. Deputy International Trade and Industry Minister Dr Ong Kian Ming said the latest development…

Ministry targets SMEs’ economic contribution to reach RM500 bln by 2020

Deputy Minister Datuk Dr Mohd Hatta Md Ramli. Photo courtesy of Bernama KOTA BHARU, April 20 (NNN-Bernama) — The Entrepreneur Development Ministry targets to strengthen the economic contribution of small and medium enterprises (SMEs) to reach RM500 billion by the end of 2020. Its Deputy Minister Datuk Dr Mohd Hatta…
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