EPF-guaranteed bank loans for those in bad financial standing, says PM
KUALA LUMPUR: Putrajaya will introduce a new policy where those who are in dire financial straits will be able to use the funds in the Employees Provident Fund (EPF) as collateral for bank loans, says Prime Minister Datuk Seri Anwar Ibrahim. Read full story
Indonesia jails 2 football match officials over stadium crush
AN Indonesian court today jailed two football match officials for negligence over one of the worst stadium disasters in the sport’s history. The crush last October at a venue in the East Java city of Malang killed 135 people after police fired tear gas into packed stands when supporters invaded the pitch.
Ringgit rebounds to close higher against US dollar
THE ringgit reversed yesterday’s losses to close higher against the US dollar today after the Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) decided to maintain the Overnight Policy Rate (OPR) at 2.75%. At 6pm, the local note rose to 4.5170/5200 versus the greenback compared to yesterday’s closing rate of 4.5230/5265.
OPR: Bank Negara authorised to decide without Govt interference, says Rafizi
PUTRAJAYA: Bank Negara has the authority to decide on the overnight policy rate (OPR) itself without the interference of the government, says Economy Minister Rafizi Ramli. Read full story
King, Queen convey condolences to family of former Kedah MB Syed Razak
KUALA LUMPUR: Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has expressed his condolences to the family of the former Kedah mentri besar Datuk Seri Syed Razak Syed Zain, who passed away on Wednesday (March 8). Read full story
Bella abuse case: Defence closes case, courts sets May 3 for decision
KUALA LUMPUR: The defence team in the trial of Rumah Bonda founder Siti Bainun Ahd Razali, who was charged with neglecting and abusing a teenage girl with Down syndrome known as Bella, closed its case after calling eight witnesses at the Sessions Court hearing here Thursday (March 9). Read full story
Muhyiddin arrested at 1pm, to face charges tomorrow, says MACC
The Malaysian Anti Corruption Commission has confirmed arresting Muhyiddin Yassin at 1pm today and that he will be brought to the Kuala Lumpur courts tomorrow to face charges. MACC said the former prime minister was arrested after he turned up to give a statement to the commission this morning.
Ex-Fiji prime minister charged with abuse of office
PROSECUTORS charged former Fijian prime minister Frank Bainimarama with abuse of office today, months after an election removed him from power. State prosecutors laid charges against both Bainimarama and Sitiveni Qiliho, a key ally who is currently suspended from his role as police commissioner.
Young islanders learn to preserve, appreciate coral reefs in Semporna
KOTA KINABALU: Young people from islands off Sabah’s east coast Semporna district not only learned to restore coral reefs but also the value of marine life to the ocean ecosystem. Read full story
Negri targets 30% of Ramadan bazaar lots to offer Menu Rahmah
SEREMBAN: The Negri Sembilan branch of the Domestic Trade and Cost of Living Ministry aims to have at least 30% of Ramadan bazaar lots set aside for the implementation of the Menu Rahmah concept. Read full story