The Malaysian ringgit (RM) crossed the psychologically crucial 4-per-dollar level on Friday as strong economic fundamentals and attractive growth prospects buoyed optimism towards one of Asia’s strongest performing currencies. RM was at 3.990 to the US dollar. RM surged 1% to its highest level since January 2021, extending gains after Bank Negara Malaysia held rates…
Bukit Gelugor MP Ramkarpal Singh (PH-Bukit Gelugor) questioned how long more would the Sedition Act be under review for amendment or would there be a new law replacing it. “If the said Act is indeed under review or is on the brink of being amended as claimed by Saifuddin, why is it still being used…
A Penang state assemblyman took the Indian community on social media to task for the continued decline of students in Tamil primary schools since there are quarters blaming political leaders and the government for the current imbroglio. Bagan Dalam assemblyman K Kumaran also said that it is wrong to blame political leaders and the government…
Teoh Beng Hock’s death has been classified as No Further Action (NFA) by the Attorney General due to lack of evidence. “The main legal basis for this decision is due to present evidence being insufficient to prosecute any individuals in the court on the basis of beyond reasonable doubt,” said Home Minister Datuk Seri Saifuddin…
A source within the opposition bloc Perikatan Nasional claimed that reports about MIC joining them was leaked out by MIC itself. “In policy we have accepted them on Dec 9 last year. They would now need to submit an application. “We believe this is being used by MIC as a bargaining chip as it is…
The International Monetary Fund has upped Malaysia’s real gross domestic product (GDP growth by 0.3 percentage points to 4.3% for 2026 and 2027. IMF also estimated Malaysia’s real GDP growth at 4.6% in 2025 compared to 5.1% in 2024, according to its January 2026 World Economic Outlook update. The report, “Global Economy: Steady Amid Divergent…
Upto 55 personal and corporate bank accounts related to IJM Corp Bhd has been frozen by the Malaysian Anti Corruption Commission involving funds amounting RM15.8 million. The move is part of MACC’s probe into the company assets worth RM2.5 billion. MACC that is conducting Ops Heart has thus far inspected and searched four separate locations…
Perikatan Nasional has claimed MIC as its component even as the BN supreme council convenes a meeting today. The decision to accept MIC as part of PN was reached on Dec 9 last year. “In the meeting, (then) PN chairman Mahiaddin Yassin reportedly gave a lengthy explanation regarding a letter submitted by the MIC leadership…
Law and institutional reforms minister Datuk Seri Azalina Othman Said argued that the government always upheld the royal institution, respected the federal constitution and upheld the freedom of the judiciary with regards to the implementation of the royal addendum. “The position of the legislative with regards to pardon and the implementation of a sentence is…
Khoo Poay Tiong (PH-Kota Melaka) took Melaka police chief Datuk Dzulkhairi Mukhtar to task for challenging lawyers representing the families of victims in the Durian Tunggal police shootout case to sue him. “This is not about suing. This is about finding the truth. “Why are there two truths?” The Melaka police chief dared a suit…
