Saturday 20 Apr 2024
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EVENING 5: SDP faces forced labour allegations

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Sime Darby Plantation will engage with anti-trafficking group Liberty Shared which accused it of using child and forced labour.

2. AirAsia triggers Bursa Malaysia’s criteria for financially distressed firms, but will not be classified as a PN17 company for next 12 months.

3. Hong Leong Investment Bank says Bank Negara may cut the OPR by another 25bps to 1.50% as early as September.

4. The Securities Commission cautions the public against using Crypto ATMs, as it has not authorised any entity to operate such ATMs in Malaysia.

5. The moratorium on loan repayments by financial institutions is estimated to be worth RM51.4bil as of Monday (July 6).

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