Compensation will be paid to next-of-kins of MH370 victims about three weeks after the documentation process and paper work have been completed, said MH370/MH17 crisis director Fuad Sharuji.

“We are ready to pay compensation but the next-of-kins (NOK) must show proof of their relationship, such as birth and marriage certificates, and these must be verified by [...]

The people should be wise to use the power of consumers to determine the prices of goods by curbing traders from capitalising on raising prices of goods to reap profits.

Rural and Regional Development Minister Datuk Seri Mohd Shafie Apdal said consumers should use the concept of ‘willing buyers and willing sellers’ and use their purchasing [...]

Pricing of affordable home projects by the Perbadanan PR1MA Malaysia (PR1MA) will have a stabilising effect and act as a benchmark for similar range of residential houses to be offered by other private developers.

The property market would soon react and match PR1MA’s pricing, which would be 25 per cent cheaper than the market value, said [...]

Singapore is supportive of Malaysia’s eagerness on a common time zone for ASEAN capitals, said its Minister for Foreign Affairs and Minister for Law K Shanmugam.

He said there was no doubt on this at all and in fact the common time zone was first mooted by Singapore some time ago.

“ASEAN today is the 7th largest [...]

Tan Sri Muhyiddin Yassin said the maiden Undergraduates Parliamentary Session (UPS) held here today, will feature annually in future.

The Deputy Prime Minister said the sitting period must also be extended to give more time for debates in the interest of the common good.

“I agree that the Undergraduates Parliamentary Session be held annually. Also one day [...]

SME Bank has allocated a RM100 million fund to provide funding with a payback period of up to 15 years for small and medium enterprises (SMEs) to export their products under the SME Go programme.

The programme, held in collaboration with Malaysia External Trade Development Corporation, is an SME Bank initiative to support the government’s pre-emptive [...]

1Malaysia People’s Housing (PR1MA) Corporation has approved the development of 72 residential projects throughout the country this year, said its chief executive officer Datuk Abdul Mutalib Alias.

He said the projects would offer a total of 50,000 residential units to buyers.

“Overall, I understand that more than 11,000 units are at various stages of construction while for [...]

The government expects the inflation rate to drop to between 2.5 and 3.5 percent this year from the original forecast of between four and five per cent, Datuk Seri Najib Tun Razak said.

The prime minister said the projection, which took into account the implementation of the Goods and Services Tax (GST), was due to the [...]

Malaysia is confident of being able to breeze through the strong global headwinds following the country’s strong economic fundamentals, says Prime Minister Datuk Seri Najib Tun Razak.

Najib raised his concerns on the current falling global oil prices and believed the pre-emptive measures announced recently were a reality check.

“Of course, we are concerned with the headwinds [...]

The government is scheduled to launch on Jan 29 the construction of houses for eligible flood victims in Kuala Krai, Kelantan, said Prime Minister Datuk Seri Najib Tun Razak said tonight.

He said the government was working on the design of the new houses, which would serve as the model of houses to be built for [...]

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