KUALA LUMPUR, 5 March 2009: The reduction in the overnight policy rate (OPR) by 2% from 3.5% previously is supportive of growth, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said today. “We have already reduced the OPR. We believe this is supportive of growth,” she said when asked if there was still room […]
Zeti: Ringgit stable
KUALA LUMPUR, 5 March 2009: The ringgit’s movement is in line with that of other currencies, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said. “It is now stable against the other currencies so the market remains orderly,” she said when asked about the ringgit’s movement. The ringgit is now hovering near RM3.70 to […]
Police looking for six in illegal assembly
IPOH, 5 March 2009: Police are looking for six men identified to have taken part in an illegal assembly in front of the Perak Darul Ridzuan building here on Tuesday. Perak police chief Datuk Zulkifli Abdullah said the six were identified from photographs obtained from the media when police cordoned the area to prevent the […]
Police shoot four dead in Kuala Krai
KUALA KRAI, 5 March 2009: Four criminals on the police wanted list were shot dead at a junction along Jalan Kuala Krai-Gua Musang here at 7.15am today. Kelantan police chief Datuk Abdul Rahim Hanafi said police tailed their car after receiving a tip-off on their location at 6am. “Upon realising that they were being followed, […]
Judge moves Anwar’s sodomy case to High Court (Updated 3.20pm)
KUALA LUMPUR, 5 March 2009: Datuk Seri Anwar Ibrahim’s sodomy case will be tried in the High Court and not the Sessions Court. High Court judge Datuk Mohamad Zabidin Mohd Diah made the ruling today in favour of the prosecution which sought to revise the Sessions Court’s decision to retain the trial at the Sessions […]
Shaziman: SPAN and PAAB mere facilitators
By Yong Min WeiKUALA LUMPUR, 5 March 2009: The National Water Services Commission (SPAN) and Pengurusan Aset Air Bhd (PAAB) merely took the role of facilitators in the water restructuring in Selangor and has not taken sides as alleged by certain parties, the Dewan Rakyat was told yesterday. Energy, Water and Communications Minister Datuk Shaziman Abu Mansor said […]
MAHB, AirAsia talks on LCCT on-going
By Gan Yen KuanSEPANG: Discussions between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Bhd on the new permanent low-cost carrier terminal (LCCT) are still ongoing, and the details would be announced “at (an) appropriate time”, said MAHB managing director Datuk Seri Bashir Ahmad. “All I can say is the discussions are ongoing,” Bashir said in response to a […]
Don’t be fooled by GDP numbers
By M ShanmugamNUMBERS, they say don’t lie. But at the same time, they do not paint the true picture as far as economic growth is concerned. Malaysia’s gross domestic product (GDP) barely stayed above water – registering a growth of 0.1% in the fourth quarter of 2008. Although technically we are not seeing a negative growth for […]
Tree assembly makes country “laughing stock”
KOTA BARU, 4 March 2009: The Perak state assembly sitting held under a tree yesterday was shameful, and tarnished the country’s image in the eyes of the world, said Home Minister Datuk Seri Syed Hamid Albar. The emergency sitting of 27 Pakatan Rakyat (PR) state representatives from PAS, DAP and Parti Keadilan Rakyat (PKR) outside […]
Rela to be monitored
KOTA BARU, 4 March 2009: Besides the police and other enforcement agencies, Rela (People’s Volunteer Corps) will also come under the purview of the Enforcement Agencies Integrity Commission, a bill for which will be tabled in Parliament soon. Home Minister Datuk Seri Syed Hamid Albar said the significance of putting Rela under the commission’s jurisdiction […]
