Najib regrets over SRC International losses, High Court heard
Datuk Seri Najib Tun Razak admitted at the High Court that he has certain regrets over the losses facing SRC International Sdn Bhd.
Fri Oct 18 2024
Najib says US$120 million in his account was not personal income
Datuk Seri Najib Tun Razak also made it clear that the money was not from SRC International Sdn Bhd or Retirement Fund Inc (KWAP).
Wed Oct 09 2024
"I'm not Najib's puppet", says SRC's ex-director
Tan Sri Ismee Ismail clarified that he did not have the former premier's personal phone number.
Wed Jun 05 2024
Govt assures pensions for retirees to continue, improved - Ahmad Maslan
An estimated 32,000 new retirees are recorded every year, and the govt spends RM31 bln to pay the pensions of more than 900,000 retirees.
Tue Sep 05 2023
22,000 pensioners scammed of RM850 million so far - Ahmad Maslan
Datuk Seri Ahmad Maslan said the govt hopes KWAP will continue with the special programme to educate and raise awareness among pensioners.
Tue Jun 20 2023
MoF projects RM291.5 bil govt revenue in 2023
MoF said the lower non-tax collection is cushioned by an increase in tax revenue which is expected to record RM218.3 billion.
Fri Feb 24 2023
MoF confident KWAP can grow fund to RM200 bln, over 30 property assets by 2025
KWAP has thrived as a company group that has expanded its investment portfolio three-fold to funds worth around RM159 billion today.
Wed Aug 03 2022
Najib's application for stay of SRC's civil case to be heard on Dec 3
Najib's application for a stay of SRC International Sdn Bhd's civil suit proceeding against him will be heard on Dec 3.
Thu Oct 21 2021
Najib to apply for stay of SRC'S civil case pending criminal appeal
Najib Tun Razak will apply for a stay of proceedings in a civil suit filed by SRC International Sdn Bhd against him.
Mon Oct 04 2021
Former SRC director files third party notice against Shahrol Azral, Ismee
Mohammed Azhar Osman Khairuddin has filed an application to have two fellow former directors, Shahrol Azral Ibrahim Halmi and Ismee Ismail to indemnify him against all losses.
Mon Aug 30 2021
SRC suit: Najib, four others told to file defence statements by Aug 30
The High Court here today ordered Najib and four other defendants to respond to a suit filed by the SRC International Sdn Bhd in relation to the RM4 billion KWAP loan to SRC by Aug 30.
Tue Aug 03 2021
SRC: Suit served on all defendants, except ex-CEO Nik Faisal
SRC International Sdn Bhd has served the copies of the writ of summons on all six defendants, except for its former chief executive officer, Nik Faisal Ariff Kamil, as he is not in Malaysia.
Thu Jul 01 2021
RM4 billion KWAP loan: SRC files suit against Najib, six others for alleged breach of trust
SRC, now wholly owned by MoF Inc, alleged that Najib had abused his power and obtained personal benefits from SRC funds as well as misappropriated the funds.
Fri May 21 2021
Abuse of power charge against Najib illegal - Lawyer
The former premier had no personal nor pecuniary interest when he chaired Cabinet meetings that discussed government guarantees for SRC to obtain a loan from KWAP.
Tue Apr 27 2021
SRC'S business plan was a sham - Sithambaram
Sithambaram submitted that SRC only "commenced business" by transferring out money to Switzerland in a fixed deposit when KWAP had disbursed the loan in 2011 and 2012.
Thu Apr 15 2021
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
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