KUALA LUMPUR (Aug 14): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said today that Majlis Amanah Rakyat (Mara), which he confirmed has been placed under his ministry, will have its management, including its board of directors and business portfolio, reshuffled.

"We under...

Mara to undergo reshuffling — Azmin

KUALA LUMPUR (Aug 14): The seizure of the controversy-laden yacht Equanimity was in accordance with prescribed laws and therefore legally valid, said Minister in the Prime Minister's Department Datuk Liew Vui Keong.

He refutes allegations by fugitive Malaysian financier Low Taek Jho's (...

Equanimity seizure legally valid, Liew tells Parliament

KUALA LUMPUR: The National Higher Education Fund Corp (PTPTN) is reviewing the implementation of the proposed deferment of study loan repayments for borrowers earning less than RM4,000 a month in view of incomplete information on borrowers’ incomes.

The ministry of education said that t...

PTPTN reviewing implementation of loan repayment deferment

KUALA LUMPUR: The ministry of finance (MoF) has so far identified the estimated cost to develop a system under the sales and services tax (SST) known as MySST within the Royal Malaysian Customs Department to be RM4.5 million.

“However, the overall cost of goods and services tax (GST) im...

MySST system estimated to cost RM4.5m — MoF

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to roll out a special housing loan scheme tailored for the low-to-middle income group with regard to first-home ownership by next month, according to the ministry of finance (MoF).

“BNM is in the process of finalising a new financing ...

BNM to roll out special housing loan next month — MoF

KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) will continue its efforts and cooperation in exploring for new oil and gas (O&G) reserves locally and internationally, especially deepwater reserves, said the economic affairs ministry.

“However, this (the explorat...

Petronas to explore for new O&G reserves — ministry

KUALA LUMPUR: Finance Minister Lim Guan Eng has described as baseless the claim that he was not among those accompanying the prime minister on a visit to China next week because he was denied entry by Beijing.

Slamming Umno lawmaker Tan Sri Annuar Musa for making the allegation, Guan En...

Guan Eng slams ‘denied entry to China’ claim

KUALA LUMPUR (Aug 13): The Ministry of Finance (MoF) has so far identified the estimated cost to develop a system under the sales and services tax (SST) known as MySST in the Royal Malaysian Customs Department to be RM4.5 million.

"However, the overall cost of goods and services tax (GS...

MySST system estimated cost RM4.5m, says MoF

KUALA LUMPUR (Aug 13): Finance Minister Lim Guan Eng has  described as baseless the claim that he was not among those accompanying the Prime Minister on a visit to China next week because he was denied entry by Beijing.

Slamming Umno lawmaker Tan Sri Annuar Musa for making the alle...

Guan Eng slams Annuar over 'denied entry to China' claim

KUALA LUMPUR (Aug 13): The Defence Ministry said it has scrapped the Maritime Patrol Aircraft (MPA) project, in line with the Malaysian government's decision to re-evaluate the implementation of the mega project.

"However, the project can be considered in the next rolling plan, if it is...

Defence Ministry cancels Maritime Patrol Aircraft project

Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).

Berkshire has record profit, cash soars to US$189b as Apple stake sinks

Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.

Fahmi: Foreign media reports not true as Cabinet yet to discuss price hike for petrol and diesel

Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.

Hong Kong issues 2024’s first red storm signal amid flooding

Indonesia will permanently relocate the entire population of an island in North Sulawesi province because a volcano is threatening their safety.

Indonesia’s Ruang becomes ghost island as volcano erupts

The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.

Survivors of Sungkai plane crash identified

The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.

CAAM confirms Cessna 172N Skyhawk aircraft crashed near Felda Gunung Besout

The Melaka state government is setting its sights on bolstering its local business landscape by encouraging more companies in the state to be listed on Bursa Malaysia.

Melaka aims to boost local businesses, eyes more listings on Bursa Malaysia

The government is currently studying the proposal from marine robotics company Ocean Infinity to resume the search for Malaysia Airlines Flight MH370, which went missing while en route to Beijing 10 years ago.

Loke: Govt studying Ocean Infinity's proposal to resume search for MH370

Construction work on the East Coast Rail Link (ECRL) project in Kelantan, Terengganu, Pahang and Selangor has reached an average of 65% as of April, said Transport Minister Anthony Loke.

Progress of ECRL project in four states reaches 65%, says Loke

A training aircraft crashed in the Besout 2 Tambahan plantation area in Sungkai on Saturday.

Light aircraft crashes in Sungkai, two passengers survive