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Feb 27, 2021 09:42 AM IST The payment by AMMB Holdings Bhd is for "all outstanding claims and actions in relation to the AmBank Group's involvement in the 1MDB matter," Malaysia's finance ministry said.
Feb 05, 2021 04:38 PM IST After meeting with Malaysian Prime Minister Muhyiddin Yassin, Indonesian President Joko Widodo told a joint news conference that Indonesia is fighting against palm oil discrimination.
Dec 05, 2020 06:45 PM IST Operations at the plant will end by September 30 and it will shut by the end of March 2022, affecting about 3,600 employees in Penang.
Nov 27, 2020 04:10 PM IST The deal is expected to cover 6.4 million Malaysians, or 20 percent of the population, with another 10 percent to be covered under Malaysia's participation in the global COVAX facility, backed by the World Health Organization.
Oct 30, 2020 12:42 PM IST Mahathir Mahathir's tweet, now deleted, led to an outburst on the social media platform with many users calling out the former Malaysian prime minister.
Oct 25, 2020 05:47 PM IST The king can declare a state of emergency that allows the country to be governed through ordinances that cannot be challenged in court.
Oct 19, 2020 05:10 PM IST Muhyiddin Yassin is facing a premiership challenge from opposition leader Anwar Ibrahim, who last week met Malaysia's king in a bid to prove he has majority support from lawmakers, including from among government turncoats, to form a new government.
Sep 29, 2020 12:36 PM IST Affected staff will be informed within 72 hours, and AirAsia Malaysia will provide them assistance such as medical benefits and flight coupon redemptions year-end.
Sep 27, 2020 02:31 PM IST The investigation by India's Directorate General of Trade Remedies, the investigative arm of the commerce ministry, could result in these imports facing countervailing duties, said a government circular posted on Friday.
Sep 16, 2020 06:46 PM IST For the past 15 years, Tengku Mohamad Ali Mansor has made his mission to gather bottles washed ashore on Malaysia's rugged South China Sea coast.
Sep 02, 2020 09:16 AM IST Health authorities in Southeast Asia's third-largest economy have recorded over 9,300 cases as September 1, and 128 deaths, with new cases found in clusters detected in at least four states.
Sep 01, 2020 06:25 PM IST Health authorities in Southeast Asia's third-largest economy have recorded over 9,300 cases as of Tuesday, and 128 deaths, with new cases found in clusters detected in at least four states.
Aug 21, 2020 07:51 AM IST Unlike in several other parts of the world, such as the US, where other clades were initially present, the IISc microbiologist noted that in India the G clade was more prevalent even at the onset of the outbreak.
Aug 17, 2020 09:09 AM IST The mutation of the novel coronavirus could mean that existing research and development of vaccines against SARS-CoV-2 could prove to be inadequate or ineffective.
Jul 24, 2020 03:58 PM IST Settlement talks that restarted this week concluded on Friday, the sources said.
Jun 04, 2020 03:22 PM IST The duty on imports of 'hot rolled flat products of stainless steel 304 series' from the said countries was first imposed by the finance ministry on June 5, 2015, for five years. The duty was imposed in the range of $180-316 per tonne.
May 25, 2020 02:15 PM IST The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production.
May 16, 2020 07:56 PM IST The anti-graft agency said in a statement that the government will recover $107.3 million of overseas assets involved in the case — about 43 percent of the $248 million Aziz was accused of having laundered from the 1MDB state investment fund — and Riza is also required to pay an unspecified fine.
May 13, 2020 05:04 PM IST Oil demand across the world has slumped as governments restricted people movements to curb the spread of the coronavirus, prompting sellers and traders to store all types of excess oil onboard ships.
May 05, 2020 04:50 PM IST It was the central bank's third cut in as many policy meetings, and had been widely expected by economists polled by Reuters, with the economy expected this year to suffer its worst economic performance in more than a decade.
May 02, 2020 03:40 PM IST Authorities said 586 undocumented migrants were arrested during a Friday raid in a downtown area where many foreigners live, a move the United Nations said could push vulnerable groups into hiding and prevent them from seeking treatment.
Apr 29, 2020 12:16 PM IST Ajay Singh, Chairman and Managing Director, SpiceJet, said, “With the addition of Kuala Lumpur to our international cargo network, SpiceJet is now operating regularly to over fifteen international destinations carrying essential and medical supplies."
Apr 21, 2020 09:07 PM IST As Ramadan begins with the new moon later this week, Muslims around the world are trying to maintain the cherished rituals of Islam’s holiest month without further spreading the outbreak.
Apr 13, 2020 09:58 AM IST Malaysia has reduced its export duty on crude palm oil to 4.5% for May from 5% in April, the Malaysian Palm Oil Board said on Monday, citing the national customs department.
Apr 01, 2020 04:10 PM IST The hiring drive has been hampered by Malaysia's month-long curbs on travel as well difficulties in flying in workers from countries such as Nepal, the company's main source of labour.
