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99 per cent of M-League teams complete privatisation process – FAM |  Tambadau leave early for Johor on chartered flight |  ‘Masculine’ sarongs to hit the market soon |  AirAsia to commence Kuching-Langkawi route in November |  ASNB declares total payout of RM646m for three funds |  Banks have approved 98 pct of 500,000 applications for repayment assistance – BNM |  Malaysia's economic activity outcome to improve in Q3 – DOSM |  Pokisompuruan i Rubin id Kabinet mongobi’ Murut |  Hajiji kaanu momupus kokusutan pulitik Sabah |  Songulun nogompitan tinanggayan Abu Sayyaf napatai id Sulu |  Hajiji minonimpuun kalaja sabaagi Vozoon Montili Sabah |  Penduduk pedalaman harap k'jaan baharu beri perhatian masalah, keperluan pembangunan |  Empat anggota PPM cedera, bot peronda meletup |  COVID-19: Semua urusandi JPN Sabah dilaksanakan secara temu janji |  ‘Lockdown’ in Sabah this Friday fake news – MKN | 
 Business
   
ASNB declares total payout of RM646m for three funds
Permodalan Nasional Bhd (PNB), which owns the unit trust company, said ASM 3 declared a total income distribution payout of RM571.3 million benefitting 513,721 unit holders who currently own 14.3 billion units.
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Banks have approved 98 pct of 500,000 applications for repayment assistance – BNM
Individual banks, it said, have directly engaged over two million borrowers through calls, emails and SMS to offer repayment assistance in view of the end of the automatic moratorium on Wednesday.
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Malaysia's economic activity outcome to improve in Q3 – DOSM
"This is in line with the Leading Index, which suggests an economic recovery in the near term and projects a brighter economic prospect for next year," he said in a statement on Wednesday.
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MARA urges entrepreneurs to leverage PENJANA SME Financing
MARA deputy director-general (Entrepreneurship), Datuk Zulfikri Osman said MARA aims to help the SMEs which have been adversely affected by the effects from the COVID-19 pandemic.
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AKPK asks borrowers to asses financial position as moratorium ends Sept 30
Its chief executive officer, Azaddin Ngah Tasir said those who foresee difficulties in resuming their financing repayments should seek help from their respective banks to discuss their repayments once the moratorium ends.
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Toshiba's new CMOS operational amplifier features ultra-low current consumption
Toshiba has used its CMOS process technology to optimise the circuitry of the new operational amplifier and lowered its power consumption by securing industry-leading low current consumption.
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2021 Budget must stop the leakage to grow economy – RTBA Malaysia
Managing director, Datuk Fazli Nordin said the tobacco black market has a negative multiplier effect on the nation’s economy as it also funds crime, fuels corruption and undermines the nation’s health agenda.
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IRB revises downwards 2020 tax collection target
Deputy chief executive officer (tax operations), Datuk Mohd Nizom Sairi said the IRB had submitted the new tax collection target for 2020 to the Finance Ministry based on the COVID-19 pandemic situation.
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Expected business distress post-moratorium manageable – CGC
CGC, which is the guarantor for micro, small and medium enterprises (MSMEs), has so far issued over 35,000 letters for CGC guarantees worth RM9.6 billion, he added.
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Upward trend in LI boost consumer, investor sentiment – Economists
“If there is a strong resurgence of infections, it is likely that only the affected areas will face strict movement restrictions. This should reduce the negative economic impact on the rest of the country.
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Country Heights to invest RM50m to develop cryptocurrency payment infrastructure
He said Country Heights' partnership with Huawei would focus on the infrastructure development of Mines Wellness City via the provision of 5G and WiFi 6 for the township by year-end.
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AirAsia expected to have another round of retrenchments
It would be done on a “last in, first out” basis, he was quoted as saying, signalling that hundreds would be affected and the effective last day would be end of October.
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PENJANA initiatives will revive Sabah craft industry post-MCO
Empin Galing, 60, who hails from Kampung Gansurai – about an hour’s journey from Kota Belud, Sabah – said his craft business was badly hit by the crisis.
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Razer Fintech keeps options open on digital banking licence in Malaysia – CEO
Razer Fintech, which is mainly a gaming company, has partnered with Berjaya Corporation for its e-wallet Razer Pay in Malaysia that is accepted in more than 6,000 retail and food and beverage outlets.
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Incentives under PENJANA encourage more FDIs
Its capital markets executive director, Allan Sim said there is a generous tax holiday period of up to 15 years for foreign companies making new investments in the manufacturing sector with capital investments of RM500 million and above.
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