Mon, 26 Aug 2019, 9:01 AM
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Topic: RM2 billion

Malaysiakini:
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Malaysia is looking to boost the participation of local companies in Kazakhstan to capitalise on the potential growth in specific economic sectors in the former Soviet Union republic.
theSun:
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KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) is prepared to consider increasing the amount of its advance financing warrant (WPP) to qualified students in future.
Malaysiakini:
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The National Higher Education Fund Corporation (PTPTN) is prepared to consider increasing the amount of its advance financing warrant (WPP) to qualified students in future.
Free Malaysia Today:
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KUALA LUMPUR: Student loan repayments to the National Higher Education Fund Corporation (PTPTN) are “on target” so far towards an expected RM2 billion, PTPTN chairman Wan Saiful Wan Jan said today...
EdgeProp.my:
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KUALA LUMPUR (Aug 24): Shareholders of Eco World International Bhd (EWI) can expect to receive dividends by FY2020 at the latest, The Edge Malaysia reported in its latest issue.
Free Malaysia Today:
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KUALA LUMPUR: The long-awaited 1MDB trial, where former prime minister Najib Razak is charged with abuse of power and money laundering to the tune of RM2 billion, will start on Wednesday.
The Edge Markets:
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MOST of the prosecution witnesses in the SRC International Sdn Bhd trial of Datuk Seri Najib Razak felt they were put in a difficult position, caught in the middle of something they were not comfortab...
theSun:
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PUTRAJAYA: Not a single insurance company is profiting from the national health protection scheme, mySalam, asserted the Finance Ministry today.
The Edge Markets:
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PUTRAJAYA (Aug 21): Not a single insurance company is profiting from the national health protection scheme, mySalam, asserted the Finance Ministry today.
EdgeProp.my:
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KUALA LUMPUR (Aug 21): A high-level meeting of government officials is believed to take place as soon as tomorrow to map out the plan on the highway concessions in the country moving forward.
Malay Mail:
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KUALA LUMPUR, Aug 21 — The Finance Ministry today refuted any claims that the mySalam health protection scheme is for insurance companies to reap large profits.
Malaysiakini:
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The Finance Ministry has dismissed claims that MySalam is a "get rich quick" scheme after its motives were questioned in an opinion piece.
EdgeProp.my:
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KUALA LUMPUR (Aug 20): OSK Holdings Bhd is partnering Japan’s Marubeni Corp to jointly bid for a large scale solar photovolatic plant in Peninsular Malaysia, under the government’s third cycle of ...
The Edge Markets:
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KUALA LUMPUR (Aug 19): OSK Holdings Bhd is partnering Japan’s Marubeni Corp to jointly bid for a large scale solar photovolatic plant in Peninsular Malaysia, under the government’s third cycle of ...
Malay Mail:
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GEORGE TOWN, Aug 19 — The lack of structure and collaboration between public and private sectors in pushing through the country’s Industry 4.0 Blueprint has led to a dismal number of local small-m...
Free Malaysia Today:
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GEORGE TOWN: Malaysia’s journey to Industrial Revolution 4.0 or IR 4.0 is being hampered by a lack of exposure as well as information on the initiative to transform the manufacturing sector through ...
The Edge Markets:
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Last week, the Johor Port Authority announced that it was looking to develop a RM2 billion fully integrated oil terminal project, Bunker Island, within Iskandar Malaysia and the port limits of Port of...
Malay Mail:
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KUALA LUMPUR, Aug 19 — Former prime minister Datuk Seri Najib Razak is scheduled to go on trial today over massive sums of more than RM2 billion tied to the 1Malaysia Development Berhad (1MDB) scand...
theSun:
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KUALA LUMPUR: DreamEDGE, the company heading the third national car project, has pledged not to seek government funds should the venture fall short said International Trade and Industry Minister Datuk...
Free Malaysia Today:
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GEORGE TOWN: The Penang Fishermen’s Association (Pen Mutiara) today called on the state government to cancel a reclamation project off the waters near Butterworth, citing environmental and fishery c...
The Edge Markets:
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KUALA LUMPUR (Aug 13): Malaysia on Tuesday said the Johor Port Authority was working to develop a RM2 billion (US$477 million) oil storage and ship refueling site in the country's south.
Free Malaysia Today:
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PETALING JAYA: Najib Razak has urged Youth and Sports Minister Syed Saddiq Syed Abdul Rahman to “use his brains a bit” when claiming that cash-strapped Umno had raised more than RM2 billion throug...
Free Malaysia Today:
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The SRS Penang Transport Master Plan, at RM46 billion and counting, is an overblown project that does not solve Penang’s transport woes, is financially ruinous, and environmentally destructive.
Malaysiakini:
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LETTER | What shocking news which was published recently where an average of RM2 billion is lost every year due to online scams and commercial crime.
The Edge Markets:
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KUALA LUMPUR: Former prime minister Datuk Sri Najib Razak arranged a blogger to attack the then finance minister II Datuk Seri Ahmad Husni Hanadzlah on social media after Husni started raising questio...
theSun:
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KUALA LUMPUR: Former Finance Minister II Datuk Seri Ahmad Husni Hanadzlah told the High Court here today that he personally met with Datuk Seri Najib Abdul Razak more than 20 times to voice his concer...
Malay Mail:
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KUALA LUMPUR, August 8 — Former second finance minister Datuk Seri Ahmad Husni Mohamad Hanadzlah dropped a bombshell today after he told the High Court he was forewarned by Datuk Seri Najib Razak’...
The Borneo Post:
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Datuk Seri Ahmad Husni Hanadzlah – Bernama photo KUALA LUMPUR: Former Finance Minister II Datuk Seri Ahmad Husni Hanadzlah told the High Court here today that he personally met with Datuk Seri Naji...
Malay Mail:
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KUALA LUMPUR, Aug 8 — Online scammers are now targeting readers of news portal Malaysiakini for financial fraud.
theSun:
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KUALA LUMPUR: It would seem that Malaysians are a gullible lot, as many are easily sweet-talked into parting with their money.
Free Malaysia Today:
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I refer to the statements by PSM chairman Dr Jeyakumar Devaraj and Galen Centre for Health and Social Policy CEO Azrul Mohd Khalib with regards to mySalam. At the onset of the birth of mySalam, I had ...
Free Malaysia Today:
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PETALING JAYA: PSM’s Dr Michael Jeyakumar has continued his criticism of the MySalam insurance scheme for the B40 group, this time questioning the government’s assurance that unutilised premiums w...
Malay Mail:
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KUALA LUMPUR, Aug 7 — The Federal Commercial Crimes Investigation Department (CCID) today revealed that an average of RM2 billion is lost annually to white-collar crimes.
Malay Mail:
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AUGUST 7 — The SRS Penang Transport Master Plan at RM46 billion and counting is an over blown project that does not solve Penang’s transport woes, is financially ruinous, and environmentally destr...
theSun:
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KUALA LUMPUR: Former finance minister II Datuk Seri Ahmad Husni Hanadzlah described Datuk Seri Najib Tun Razak’s influence over SRC International Sdn Bhd as one of autocratic leadership.
EdgeProp.my:
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KUALA LUMPUR (Aug 6): Former prime minister and finance minister Datuk Seri Najib Razak was today described as an autocratic person in his dealings with 1Malaysia Development Bhd (1MDB) and its former...
EdgeProp.my:
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KUALA LUMPUR (Aug 6): Tan Sri Muhammad Shafee Abdullah, the lead counsel for Datuk Seri Najib Razak in the SRC International Sdn Bhd trial, expressed frustration with former Minister of Finance II Dat...
The Edge Markets:
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KUALA LUMPUR (Aug 6): Former prime minister and finance minister Datuk Seri Najib Razak was today described as an autocratic person in his dealings with 1Malaysia Development Bhd (1MDB) and its former...
The Edge Markets:
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KUALA LUMPUR (Aug 6): Tan Sri Muhammad Shafee Abdullah, the lead counsel for Datuk Seri Najib Razak in the SRC International Sdn Bhd trial, expressed frustration with former Minister of Finance II Dat...
Free Malaysia Today:
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KUALA LUMPUR: Najib Razak’s corruption and criminal breach of trust trial was told today that the former prime minister displayed blatant autocratic leadership in the handling of 1MDB and SRC Intern...
Malay Mail:
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KUALA LUMPUR, Aug 6 — A former Cabinet minister today described Datuk Seri Najib Razak as an autocratic leader who made unanimous decisions during the time he held the position as finance minister.
Malay Mail:
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KUALA LUMPUR, Aug 6 — Datuk Seri Najib Razak refused to approve an official government-led delegation to Switzerland when RM3 billion belonging to SRC International Sdn Bhd was frozen by the Swiss g...
EdgeProp.my:
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KUALA LUMPUR (Aug 6): Low Taek Jho had referred to former prime minister Datuk Seri Najib Razak as "Optimus Prime" — the ultimate leader for Autobots, the main protagonists of the animated alien rob...
Digital News Asia:
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My EG Services Bhd (MyEG) yesterday denied that neither Umno nor its proxies have a substantial stake in the company, declaring such claims as "entirely erroneous, speculative and baseless".
theSun:
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PETALING JAYA: The government lost RM6 billion in tax revenue from the sale of illegal cigarettes and the e-cigarette market, according to Japan Tobacco International Bhd (JTI Malaysia).
The Edge Markets:
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KUALA LUMPUR (Aug 6): Low Taek Jho had referred to former prime minister Datuk Seri Najib Razak as "Optimus Prime" — the ultimate leader for Autobots, the main protagonists of the animated alien rob...
The Edge Markets:
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KUALA LUMPUR (Aug 6): The size of the illegal vaping market in Malaysia is estimated to be some RM2 billion, says JT International Bhd (JTI Malaysia).
Malaysiakini:
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COMMENT | The Penang Transport Master Plan (PTMP) at RM46 billion and counting is an overblown project that does not solve the state's transport woes, is financially ruinous, and environmentally destr...
Malay Mail:
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JOHOR BARU, Aug 6 — The Johor Youth Council has cast doubt on Syed Saddiq Abdul Rahman’s sincerity in helping the southern state following the Muar MP’s penchant for posting his photos with cert...
theSun:
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PETALING JAYA: An independent committee must conduct a sincere and open review of the MySalam scheme, said a health think tank.
Malaysiakini:
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The Kuala Lumpur High Court has set Oct 23 to make its decision on applications by Najib Abdul Razak and four others to strike out businessperson Deepak Jaikishan's RM52.6 million civil suit.
Malay Mail:
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KUALA LUMPUR, Aug 5 — The government’s home ownership drive saw over 8,000 units sold with developers clocking in transactions worth RM5.7 billion, making it a success as this is RM2 billion more ...
Free Malaysia Today:
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Dear Tun Dr Mahathir, Three weeks ago, a 48-year-old lorry driver with stage 4 cancer of the colon came to see me as he was in financial distress.
Malaysiakini:
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LETTER | An open letter to Tun Dr Mahathir Mohamad, Dear Tun Dr Mahathir, Three weeks ago, a 48-year-old lorry driver with stage 4 cancer of the colon came to see me as he was in financial distress.
Malay Mail:
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KUALA LUMPUR, Aug 3 — Umno has generated nearly RM2 billion this year through the sale of shares or proxy stakes in four public-listed company, according to a news report.
The Edge Markets:
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KUALA LUMPUR (July 31): Malaysian Rating Corporation Bhd (MARC) has affirmed its AAAIS and AA+IS ratings with a stable outlook on Danajamin Nasional Bhd’s Senior and Subordinated Sukuk Murabahah of ...
The Edge Markets:
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KUALA LUMPUR (July 31): KIP Real Estate Investment Trust (KIP REIT) has issued its first medium term note (MTN) of RM310 million, which will in part be used to finance the acquisition of Aeon Mall Kin...
Malay Mail:
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KUALA LUMPUR, July 26 — Shares on Bursa Malaysia closed lower today, as the European Central Bank (ECB) put off an anticipated rate cut, a dealer said.
The Edge Markets:
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THE testimonies of three former senior officers of the Ministry of Finance (MoF) in the SRC International Sdn Bhd case last week provided considerable insight into the role played by former prime mini...
The Edge Markets:
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DESPITE granting a significant RM4 billion in loans to SRC International Sdn Bhd and expediting disbursement at the request of former prime minister and finance minister Datuk Seri Najib Razak, it app...
The Edge Markets:
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42     DATUK Suboh Yassin, 68 Former director of SRC Suboh agreed with the prosecution that despite questions or doubts about his signature for the transfer of funds from SRC and its subsidiary Gan...
Malay Mail:
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KUALA LUMPUR, July 25 — Plantation stocks, buoyed by better crude palm oil (CPO) prices, lifted Bursa Malaysia to close higher today, a dealer said.
The Edge Markets:
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KUALA LUMPUR (July 24): Vizione Holdings Bhd has inked a Memorandum of Collaboration with Engineering Protocol Sdn Bhd (EPSB) for a potential joint investment to bid for the third round of the Large S...
The Edge Markets:
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KUALA LUMPUR (July 23): Integrated Logistics Bhd is partnering with Shun Hing Overseas Investment Ltd (SHOL) to participate in the bidding for the Large Scale Solar Photovoltaic Edition 3 (LSS3) proje...
The Edge Markets:
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THE controversial — and so-called secret — 736 bank account of SRC International Sdn Bhd was opened on Jan 7, 2011 — some eight months before the company was acquired by 1Malaysia Development Bh...
SoyaCincau.com:
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During the Budget 2019 announcement, Finance Minister, Lim Guan Eng had mentioned that RM2 billion will be allocated for RON 95 petrol subsidies.
Malay Mail:
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KUALA LUMPUR, July 19 — The Pakatan Harapan administration is likely to give cash to lower income households already enlisted for the cost of living aid (BSH) scheme as petrol subsidy, according to ...
Malay Mail:
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KUALA LUMPUR, July 19 — The Pakatan Harapan (PH) administration will give additional cash directly to lower income households already enlisted for the cost of living aid (BSH) scheme as petrol subsi...
The Edge Markets:
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EVERY few years, market talk comes up that businessman Tan Sri Syed Mokhtar Albukhary’s debt and that of his companies are piling up and spiralling out of control.
Malaysiakini:
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The banker who opened Najib's two bank accounts with AmBank, ended up serving on the Retirement Fund Incorporated (KWAP) investment panel which approved a RM4 billion loan to SRC International Sdn Bhd...
The Borneo Post:
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KUALA LUMPUR: The High Court here was told yesterday that SRC International Sdn Bhd was required to pay RM9.2 billion to the Retirement Fund Incorporated (KWAP) under its Bai Al-Inah financing facilit...
theSun:
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KUALA LUMPUR: The High Court here was told today that SRC International Sdn Bhd was required to pay RM9.2 billion to the Retirement Fund Incorporated (KWAP) under its Bai Al-Inah financing facility fo...
Malay Mail:
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KUALA LUMPUR, July 15 — SRC International Sdn Bhd had agreed to pay the Retirement Fund (Incorporated) (KWAP) RM9.2 billion in return after taking out two loans totaling some RM4 billion from the fu...
EdgeProp.my:
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KUALA LUMPUR (July 13): According to a recent report by The Edge Malaysia, the “low-profile Ku brothers” via Gorgeous Horizon Sdn Bhd have been buying more KSL shares on the open market, “bringi...
theSun:
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KUALA LUMPUR: Majlis Amanah Rakyat (Mara) today denied allegations that there was a reduction in funding allocation for outstanding students abroad this year.
Free Malaysia Today:
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KUALA LUMPUR: Majlis Amanah Rakyat (Mara) today denied allegations that there was a reduction in funding allocation for outstanding students abroad this year.
Malay Mail:
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KUALA LUMPUR, July 12 — Majlis Amanah Rakyat (MARA) today denied allegations that there was a reduction in funding allocation for outstanding students abroad this year.
Free Malaysia Today:
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KOTA KINABALU: About 50 people claiming to be residents of Papar district, south of here, gathered at the Papar MP’s office today to voice their support for the proposed Papar Dam.
EdgeProp.my:
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KUALA LUMPUR (July 11): SRC International Sdn Bhd, a former unit of 1Malaysia Development Bhd, could have been the next Petroliam Nasional Bhd (Petronas), but former prime minister Datuk Seri Najib Ra...
EdgeProp.my:
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KUALA LUMPUR (July 11): The government will be calling out for more bids for large-scale solar (LSS) power projects by the end of next year, said Energy, Science, Technology, Environment and Climate C...
Malay Mail:
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KUALA LUMPUR, July 11 — A former Treasury secretary-general agreed in court today that no marquee projects came of the RM4 billion that Retirement Fund (Incorporated) [KWAP] loaned to SRC Internatio...
The Edge Markets:
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KUALA LUMPUR (July 11): SRC International Sdn Bhd, a former unit of 1Malaysia Development Bhd, could have been the next Petronas, but former prime minister Datuk Seri Najib Razak has not expressed any...
The Edge Markets:
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KUALA LUMPUR (July 11): The government will be calling out for more bids for large-scale solar (LSS) power projects by the end of next year, said Energy, Science, Technology, Environment and Climate C...
The Edge Markets:
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KUALA LUMPUR (July 11): Former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah will continue to testify in court today as the SRC International Sdn Bhd trial enters its 36th day.
EdgeProp.my:
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KUALA LUMPUR (July 10): Former Prime Minister Datuk Seri Najib Razak told former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah (pictured) to double the amount Retirement Fund Inc (KWA...
EdgeProp.my:
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KUALA LUMPUR (July 10): Former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah told the High Court today that he was directly instructed by former Prime Minister Datuk Seri Najib Razak ...
Malay Mail:
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KUALA LUMPUR, July 10 — The federal government’s planned takeover of four highways will help Malaysian motorists save money, unlike during Barisan Nasional administration’s, where toll concessio...
Malaysiakini:
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NAJIB TRIAL | SRC International Sdn Bhd was not allowed to utilise money loaned from Retirement Fund Incorporated (KWAP) for purposes not stated in the agreement, the Kuala Lumpur High Court heard tod...
The Edge Markets:
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KUALA LUMPUR (July 10): Former Prime Minister Datuk Seri Najib Razak told former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah to double the amount Retirement Fund Inc (KWAP) is loani...
The Edge Markets:
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KUALA LUMPUR (July 10): Former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah told the High Court today that he was directly instructed by former Prime Minister Datuk Seri Najib Razak ...
Free Malaysia Today:
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KUALA LUMPUR: A former Treasury secretary-general told the court in Najib Razak’s corruption and abuse of power trial today that the former prime minister had called him to request that the pensione...
Malay Mail:
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KUALA LUMPUR, July 10 — The Retirement Fund Incorporated (KWAP) only wanted to loan RM1 billion to SRC International Sdn Bhd but Datuk Seri Najib Razak personally gave instructions for the amount to...
EdgeProp.my:
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KUALA LUMPUR (July 9): The takeover of four highway concessions by the government and introduction of a congestion charge to replace the current toll system would save users up to RM2 billion, says t...
PaulTan.org:
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The government’s proposed RM6.2 billion takeover of four highway concessionaires will not see motorists be free of toll, but we’ll be paying less, according to Lim Guan Eng, reported by The Star.
Malay Mail:
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KUALA LUMPUR, July 9 — A former Finance Ministry official told the High Court today that the pressure he received was not “malicious” in nature when he was told to expedite a federal guarantee o...
Malay Mail:
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KUALA LUMPUR, July 9 — The Cabinet was furnished with all the “clinical facts” on SRC International Sdn Bhd when it considered the company’s applications for government guarantees between 2011...
Malay Mail:
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KUALA LUMPUR, July 9 — The takeover of four highway concessions by the government and introduction of a congestion charge to replace the current toll system will save users up to RM2 billion, says t...
EdgeProp.my:
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KUALA LUMPUR (July 9): A witness from the Ministry of Finance testified that he was asked to sign a letter on behalf of the ministry, ordering the Retirement Fund (Incorporated) (KWAP) to release a RM...
EdgeProp.my:
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KUALA LUMPUR (July 9): A senior official with the ministry of finance (MoF) testified yesterday that former prime minister Datuk Seri Najib Razak had ordered a memorandum detailing SRC International S...
The Edge Markets:
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KUALA LUMPUR (July 9): The government will fund its takeover of four Klang valley highways via bond issuances.