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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’

All five people on board the BO-105 helicopter operated by Layang-Layang Aerospace were killed after it crashed near the end of the Long Lellang STOLport runway at about 3.40 pm on Sept 8. MIRI: The DNA (deoxyribonucleic acid) test results for the five victims of the Flying Doctor Service (FDS) helicopter crash in Long Lellang in Baram have

Zahid said political realities differed from one state to another, citing differences in demographics, issues, candidates and voter sentiment in Johor, Negeri Sembilan and Melaka. KUALA LUMPUR: Umno president Datuk Seri Ahmad Zahid Hamidi has stepped up calls for an early general election, declaring that the time has come for the 16th General Election (GE16),

PUTRAJAYA, Sept 11 — Former prime minister Datuk Seri Najib Razak’s clemency application has been deferred to a future sitting of the Federal Territories Pardons Board, the Prime Minister’s Department said today. In a statement, it confirmed the board held its 63rd meeting this morning for Kuala Lumpur, Labuan and Putrajaya. “The application for pardon

Former prime minister Datuk Seri Najib Razak’s latest application for a royal pardon has been deferred. KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak’s latest application for a royal pardon has been deferred, leaving his bid for further clemency unresolved. The decision was made on Friday during the 63rd meeting of the Federal Territories

Creative brand celebrates colours, sights, sounds of country with modern illustrations As Malaysia Day approaches, we fly the Jalur Gemilang, hum familiar patriotic tunes and celebrate the rich tapestry of cultures that define our land. Yet, beyond the grand parades and national speeches, a quieter cultural movement has been brewing — one captured in the