Under pressure from UN, Sabah govt confirms carbon credit deal on hold

KOTA KINABALU, March 7 -- After a special inquiry, the Sabah government has told a United Nations working group that the controversial carbon credit programme is on hold while it refines and finds sol... Read More

Citing cost reduction, Goodyear to shut down Shah Alam plant in June this year affecting 550 workers

KUALA LUMPUR, March 7 -- One of the country's leading tyre manufacturers, Goodyear, said it will be closing down its plant in Shah Alam starting June 30 this year, affecting some 550 positions. Goody... Read More

Tengku Zafrul: Inflation, unemployment and growth in more positive territory despite low ringgit

KUALA LUMPUR, March 6 -- The low ringgit rate is not a reflection of the economy, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz. In an interview with CNBC, Zafrul s... Read More

Malaysia needs more free trade agreements in Asean region to boost domestic economy, says Tengku Zafrul

KUALA LUMPUR, March 6 -- Malaysia is looking to increase the number of free trade agreements (FTA) that it has as they play a significant role in Malaysia's economy, said Investment, Trade and Industr... Read More

MCMC, Singaporean counterpart ink deal to fight phone scams

KUALA LUMPUR, Feb. 27 -- Malaysian and Singaporean regulators have signed an agreement to fight scams across telecommunications channels that have cost citizens of both countries hundreds of millions ... Read More

PSM says took steps to protect Bukit Jalil pitch during Ed Sheeran concert for World Cup qualifier

KUALA LUMPUR, Feb. 24 -- Perbadanan Stadium Malaysia (PSM) said it has engaged Labosport to manage the Bukit Jalil National Stadium for Ed Sheeran's concert tonight and preserve the pitch for the FIFA... Read More

All's well in Perikatan, PAS sec-gen says after claims of 'cold war' between Hadi and Muhyiddin

KUALA LUMPUR, Feb. 23 -- PAS secretary general Datuk Seri Takiyuddin Hassan has dismissed allegations of a rift between his party president Tan Sri Abdul Hadi Awang and Parti Pribumi Bersatu Malaysia ... Read More

Vacating parliamentary seats out of Bersatu's court now, says Labuan MP

KUALA LUMPUR, Feb. 23 -- The decision to compel representatives of Parti Pribumi Bersatu Malaysia (Bersatu) who support the Anwar administration to vacate their seats won in the last general election ... Read More

Opposition to query PM Anwar on ringgit when Parliament resumes next week

KUALA LUMPUR, Feb. 22 -- Currency pressures due to the weakening ringgit will be the Opposition's top question for Prime Minister Datuk Seri Anwar Ibrahim who is also the finance minister, when the De... Read More

Warisan asks state government to clarify carbon credit deal

KOTA KINABALU, Feb. 21 -- The state government has been asked to clarify the status of the controversial carbon credit project which has been unclear to the public. Sri Tanjong assemblyman Justin Won... Read More

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