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Petronas expected to post higher earnings for FY21
Petronas expected to post higher earnings for FY21
Historic high CPO price a boon for FGV
Historic high CPO price a boon for FGV
Agong urges govt to focus on eradicating hardcore poverty
Agong urges govt to focus on eradicating hardcore poverty
Some 75 Malaysian students evacuated following Queensland floods
Some 75 Malaysian students evacuated following Queensland floods
Agong: Transition to endemic phase must be done carefully
Agong: Transition to endemic phase must be done carefully
Anwar submits motion to debate Leissner’s revelation
Anwar submits motion to debate Leissner’s revelation
KPJ Healthcare returns with maiden wakalah sukuk
KPJ Healthcare returns with maiden wakalah sukuk
The Malaysian Reserve
The Malaysian Reserve
162 programmes for WAVE 2021 Festival this year
162 programmes for WAVE 2021 Festival this year
Azmin: Russia-Ukraine conflict will affect global economy
Azmin: Russia-Ukraine conflict will affect global economy
KPS’ transformation programme boosts earnings to RM1.3b
KPS’ transformation programme boosts earnings to RM1.3b
SAY, YRMS help the needy through ‘Kita Bantu’ programme
SAY, YRMS help the needy through ‘Kita Bantu’ programme
Job vacancies increase by 143.2%
Job vacancies increase by 143.2%
eWages to monitor payment for foreign workers
eWages to monitor payment for foreign workers
BMW, Regas rolls out EV facility in Sarawak
BMW, Regas rolls out EV facility in Sarawak
CIMB’s 4Q21 profit rises on lower provisioning
CIMB’s 4Q21 profit rises on lower provisioning
RHB expects loan growth to grow between 4% and 5% in FY22
RHB expects loan growth to grow between 4% and 5% in FY22
Kerjaya Prospek to launch 2 property projects
Kerjaya Prospek to launch 2 property projects
Farm Fresh sets IPO price at RM1.35 per share
Farm Fresh sets IPO price at RM1.35 per share
BIZ in BRIEF
BIZ in BRIEF
YTL to benefit from possible revival of the HSR and MRT 3 projects
YTL to benefit from possible revival of the HSR and MRT 3 projects
DRB-Hicom expected to post better sales in FY22
DRB-Hicom expected to post better sales in FY22
Mah Sing’s 2Q21 earnings get boost from affordable homes launches
Mah Sing’s 2Q21 earnings get boost from affordable homes launches
KLCI ends firmer
KLCI ends firmer
Oil soars as more sanctions on Russia
Oil soars as more sanctions on Russia
GLOBAL Commodities
GLOBAL Commodities
Ukraine crisis risks pushing Sri Lanka closer toward default
Ukraine crisis risks pushing Sri Lanka closer toward default
China to add 3,000 ‘little giants’ this year to spur innovation
China to add 3,000 ‘little giants’ this year to spur innovation
Indonesia tycoon teams up with Bukalapak for online grocery push
Indonesia tycoon teams up with Bukalapak for online grocery push
Russia hikes rates to highest since 2003
Russia hikes rates to highest since 2003
Russian planes face grounding risk
Russian planes face grounding risk
Norwegian energy giant Equinor to pull out of Russia
Norwegian energy giant Equinor to pull out of Russia
Ukraine says Russian troops ‘reduced pace of offensive’, China calls for de-escalation
Ukraine says Russian troops ‘reduced pace of offensive’, China calls for de-escalation
UN: Over 100 civilians killed in Ukraine war, including 7 children
UN: Over 100 civilians killed in Ukraine war, including 7 children
World’s biggest plane destroyed in Russian attack on airfield
World’s biggest plane destroyed in Russian attack on airfield
Rooftop rescues in Australia as tens of thousands evacuated from floods
Rooftop rescues in Australia as tens of thousands evacuated from floods
Singapore court rejects latest gay sex ban challenge
Singapore court rejects latest gay sex ban challenge
Hugs, tears as ‘Fortress New Zealand’ relaxes border
Hugs, tears as ‘Fortress New Zealand’ relaxes border
How a pensioner made Spanish banks rethink counter services
How a pensioner made Spanish banks rethink counter services
Deaf drama CODA wins top prize at SAG awards
Deaf drama CODA wins top prize at SAG awards
Assembly is an ambitious, joyful collage of black art and voguing
Assembly is an ambitious, joyful collage of black art and voguing
Sidewalk is new catwalk outside Milan fashion shows
Sidewalk is new catwalk outside Milan fashion shows
Russia facing World Cup exile
Russia facing World Cup exile
Ice day for a swim: Braving America’s ice water ‘Olympics’
Ice day for a swim: Braving America’s ice water ‘Olympics’
Jazz eclipses Suns 118-114
Jazz eclipses Suns 118-114
Straka scores 1st for Austria with Honda Classic win
Straka scores 1st for Austria with Honda Classic win
SPORTS in BRIEF
SPORTS in BRIEF
Liverpool wins League Cup
Liverpool wins League Cup
The Reds has lifted the League Cup a record 9 times, while Klopp is the 1st German manager to win the tournament
Former Olympian R Subramaniam dies
Former Olympian R Subramaniam dies
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Anwar submits motion to debate Leissner’s revelationIN PARLIAMENT by AZREEN HANIOPPOSITION leader Datuk Seri Anwar Ibrahim has submitted a motion to Dewan Rakyat Speaker Tan Sri Azhar Azizan Harun to debate on the revelation made by former Goldman Sachs Inc South-East Asia chairman Tim Leissner in the US Court last week.Anwar called for the issue of corrupt practices, abuse of power within local institutions especially Bank Negara Malaysia (BNM) in the wake of the 1Malaysia Development Bhd (1MDB) scandal to be discussed in the August House.“This matter should be debated in a detailed and comprehensive manner in the Dewan Rakyat because it involves public interest,” he said in a media statement yesterday.“This case requires an immediate explanation from the government following the failure of national enforcement agencies, especially the Malaysian Anti-Corruption Commission, to detect, investigate and prosecute any Malaysian citizen if they are involved in any financial transaction,” he added.BNM said last week that it has furnished information to the relevant law enforcement agency in April 2016 on the accounts belonging to the husband of a former governor.“BNM would also like to address previous reports on information received from foreign financial intelligence units with respect to the accounts belonging to the husband of a former governor.“On this, BNM has furnished information to the relevant law enforcement agency in April 2016 in accordance with our responsibilities under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001,” the central bank said.The statement was made following Leissner’s testimony that the central bank has approved an “overnight” foreign exchange transfer of US$1 billion (RM4.2 billion) from 1MDB to PetroSaudi International Ltd, after Tan Sri Zeti Akhtar Aziz’s husband, who was allegedly bribed, “to make it happen”.In referring to Leissner’s testimony with regards to the approval given by BNM for 1MDB to invest abroad in 2009, BNM said: “All investments abroad by resident entities are subject to the requirements under the Exchange Control Act 1953 that was in force prior to 2013 (since replaced by the Financial Services Act 2013).”“All submissions made by 1MDB, including the said application, were subject to the same approval criteria and internal governance process that apply to any submission by other entities to BNM,” it said.Zeti’s husband Tawfiq Ayman subsequently denied ever receiving bribes nor knowing and meeting Leissner.“I wish to categorically state that throughout my entire life, I have never received any bribes from anyone,” he said in a statement last Thursday.“I am shocked with the statements made against me by Leissner, which had been reported in the media,” he added.