tags - Sinar Daily

The High Court ordered businessman Datuk Allan Goh Hwan Hua and four companies linked to him to return over RM8 million to 15 investors who sued them for failing to honour monthly redemption value sums and financing returns from the investor's outlay.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said keeping the OPR unchanged would indicate that the current rate is conducive to economic stability and growth.

In the short term, economist said the tariff will raise the cost of Malaysian exports for non-exempted goods such as furniture, rubber products, palm oil derivatives and machines. - Bernama file photo for illustration purpose only

The central bank said it also has imposed an AMP of RM2.85 million on Bank Kerjasama Rakyat Malaysia Bhd (BKRM) for non-compliance with the Development Financial Institutions Act 2002 (DFIA) and RMiT PD. 

While mid-range and affordable homes may see the most immediate uplift, renewed interest in the high-end segment may also emerge, especially among upgraders or long-term investors seeking to take advantage of more favourable loan terms. - Bernama photo for illustration purpose only

The commission said that its Special Operations Division was conducting investigations and enforcement forcused on seizing and forfeiting  the extraordinary assets. - Bernama file photo

Photo for illustration purposes only.

BNM said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to three per cent and 2.5 per cent, respectively.

Nadzim (left) shows a clip of car repossession agents allegedly entering a gated residential area without proper authorisation.

Photo for illustration purposes only.