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NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024
AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

AKPK reports 53,000 under-30s owe RM1.9 bln - Amir Hamzah

Datuk Seri Amir Hamzah Azizan reveals that 28% of Malaysian working adults have borrowed money to buy essential goods, according to AKPK.
Tue Oct 01 2024
DOSM: Over 1 mln MSMEs in 2022, RM1.3 trillion gross output

DOSM: Over 1 mln MSMEs in 2022, RM1.3 trillion gross output

DoSM said the services sector led with 936,793 establishments, followed by construction with 69,015 and manufacturing with 51,481.
Thu Sep 19 2024
Fed govt, Sabah each received around RM 23 bln in petroleum revenue since 1976 - PMO

Fed govt, Sabah each received around RM 23 bln in petroleum revenue since 1976 - PMO

The PMO said Petronas has consistently fulfilled all cash payment obligations from petroleum production.
Thu Jul 11 2024
Highway project bribery case: MACC nabs ninth suspect

Highway project bribery case: MACC nabs ninth suspect

The MACC arrested another suspect in connection with the bribery case involving work to complete a highway project package with over RM1 billion.
Wed Jun 26 2024
Short-term rates set to remain stable on BNM operations

Short-term rates set to remain stable on BNM operations

Today, the central bank will conduct two reverse repo tenders, comprising RM1.5 billion for 30 days and RM1 billion for 92 days.
Tue Jun 18 2024
Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO

Account 3 withdrawals have no influence on EPF's investment strategy - EPF CEO

The EPF's overall investment assets stand at RM1.2 trillion, so these withdrawals are actually manageable, says CEO Ahmad Zulqarnain Onn.
Thu Jun 13 2024
Two senior police officers charged with accepting RM1 million bribe to help close case involving purchase firearms by Israeli

Two senior police officers charged with accepting RM1 million bribe to help close case involving purchase firearms by Israeli

The duo were accused of taking RM1 million in cash from Khoo Zixian, as an inducement to help close a criminal investigation against him.
Tue May 28 2024
Unscrupulous employers still not complying with minimum wage order - MTUC

Unscrupulous employers still not complying with minimum wage order - MTUC

A recent report showed 10 percent of formal workers receiving wages below the minimum rate of RM1,500 per month.
Wed May 01 2024
Helicopter tragedy: MOHE to provide assistance, fees exemption - Zambry

Helicopter tragedy: MOHE to provide assistance, fees exemption - Zambry

Datuk Seri Dr. Zambry Abd Kadir announces RM1,000 in financial aid to 21 children affected and exemption from university fees.
Thu Apr 25 2024
[COLUMNIST] Some brief comments on the RM with reference to Japan

[COLUMNIST] Some brief comments on the RM with reference to Japan

The underlying fundamentals of the Japanese financial system and the economy remain strong, stable and robust.
Tue Apr 16 2024
Retired lecturer loses over RM1 mln in online investment scam

Retired lecturer loses over RM1 mln in online investment scam

According to police, the victim joined an investment scheme known as Gold Futures XAUUSD, which was advertised on Facebook.
Tue Apr 09 2024
Selangor civil servants to get one-month salary as Raya aid

Selangor civil servants to get one-month salary as Raya aid

Datuk Seri Amirudin Shari announced a special Aidilfitri aid of one month's salary or a minimum of RM1,000 for civil servants.
Fri Mar 22 2024
PM meets with Grab founder, briefed on GX Bank's RM1.5 bln investment plan

PM meets with Grab founder, briefed on GX Bank's RM1.5 bln investment plan

GX Bank Bhd is a digital bank in Malaysia through a joint venture between Grab Holdings Ltd and Singapore Telecommunications Ltd (Singtel).
Wed Feb 28 2024
SARA initiative: Alleviating financial strain for those in need

SARA initiative: Alleviating financial strain for those in need

The SARA aid to households has been increased to RM1,200 from RM600 in 2023, while the rate for single individuals remains at RM600.
Fri Feb 23 2024
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024