My Sinchew/ News

Abdul Wahid to resign as Maybank chief June 4

Datuk Seri Abdul Wahid Omar, recently appointed as Minister in the Prime Minister's Department, will resign as President and Chief Executive Officer of Malayan Banking (Maybank) Bhd on June 4.


Umno still probing sabotage complaints

Careful investigation is being carried out following reports of sabotage by Umno members against the party during the 13th general election (GE13).


Karpal: No need for senate

The DAP chairman, Karpal Singh today said the federal constitution should be amended to abolish the senate.


Bursa likely to trend higher next week

Bursa Malaysia is likely to trend higher next week with a mild rebound expected with the FTSE Bursa Malaysia KLCI (FBM KLCI).


Ghani not committing offence during campaigning: Singapore

The Singapore authorities have clarified there was no offence on the part of former Johor menteri besar Datuk Abdul Ghani Othman when he visited the republic during the campaigning period for Malaysia's 13th General Election (GE13).


Court to decide whether to release Genneva's frozen asests

The Sessions Court here fixed May 21 to decide whether to release the assets of a gold investment company, Genneva Sdn Bhd, to its three directors and one former director who were acquitted yesterday of illegal money laundering and illegal deposit-taking.


Hot, dry weather to persist until September

The hot and dry weather is expected tov persist until September following the Southwest Monsoon season, which has commenced on May 15.


Sedition charge against assemblyman stands

he sedition charge against Sri Muda state assemblyman Mat Shuhaimi Shafiei over alleged blog postings stands.


GSI implementation to add RM27bn to national revenue

Malaysia will be able to rake in an additional income of up to RM27 billion if the proposed goods and services tax (GST) is implemented at seven per cent, similar to neighbouring Singapore.


Economy to be bullish in Q2: analyst

Malaysian economy will grow stronger in the second half of this year, driven by the removal of the political uncertainty and the government's firm economic policy, says Credit Suisse Securities (M) Sdn Bhd Managing Director Stephen Hagger.