KUALA LUMPUR, Sept 14 — Short-term interbank rates are expected to remain stable today, supported by Bank Negara Malaysia’s (BNM) operations to absorb excess liquidity in the financial system.  Liquidity in the banking system is estimated at RM32.78 billion in the conventional market and RM23.05 billion in the Islamic money market. Today, BNM will conduct […]

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  KUALA LUMPUR, Sept 13 — The remains of the five victims of the Flying Doctor Service (FDS) helicopter crash in Long Lellang, Baram, Sarawak, were handed over to their respective families this morning at the Forensic Department of Miri Hospital after their identities were confirmed through DNA analysis. Health Minister Datuk Seri Dzulkefly Ahmad said the

  KULAI, Sept — Police fired one shot at the tyre of a car after a 23-year-old couple allegedly rammed a police motorcycle and tried to hit officers during an incident in Jalan Kenari, Bandar Putra, Kulai, early yesterday. Kulai District Police Chief ACP Tan Seng Lee said the incident occurred at about 1.20 am

New MMA president Dr L.Sivanaesan prioritises retaining doctors in Malaysia’s public healthcare system through better careers, working conditions and development IPOH: The Malaysian Medical Association (MMA) president-elect Dr L Sivanaesan has been appointed the association’s new president, succeeding Datuk Dr R. Thirunavukarasu, whose term ended today. He was Chairman of MMA Selangor, Honorary Deputy Secretary of the MMA for two

MOF notes RM4.2 billion claim against DBS Bank linked to alleged 1MDB and SRC funds, as Malaysia continues efforts to recover losses from the scandal KUALA LUMPUR: The Ministry of Finance (MoF) has taken note of a compensation claim amounting to approximately RM4.2 billion filed by four companies against DBS Bank Ltd at the Singapore High Court. The four companies, which are currently

KUALA LUMPUR, Sept 12 — A section of Jalan Syed Putra and Jalan Istana intersection here will be closed in stages starting September 14, from 10pm to 5am, to facilitate preliminary construction work for the New Pantai Expressway Extension Project (NPE 2). New Pantai Expressway Sdn Bhd (NPE) announced in a statement today that the

KUALA LUMPUR, Sept 12 — The ringgit is expected to trade within a tight range against the US dollar next week, with investors remaining cautious ahead of key monetary policy decisions by the United States Federal Reserve (Fed) and the Bank of Japan (BOJ). Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid

KUALA LUMPUR, Sept 12 — Bursa Malaysia could see selective bargain hunting next week following the recent sell-off, particularly in fundamentally sound blue-chip stocks that have been marked down amid the broader risk-off environment, an analyst said. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said external developments are likely to remain

KUALA LUMPUR, Sept 12 — Malaysia Airports Holdings Bhd (MAHB) expects another three international airlines to commence flights to Kuala Lumpur by the end of this year, further strengthening the city’s connectivity as a regional aviation hub. Its managing director Datuk Mohd Izani Ghani said the development would be in addition to German-based Lufthansa Airlines’