12
Ahd, Jul
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KUALA LUMPUR - The economic, financial and fiscal reforms undertaken over the years have strengthened the domestic economy's resilience to weather shocks, said Prime Minister Datuk Seri Najib Tun Razak.

Najib, who is also Finance Minister, said the economy has diversified from being predominantly commodity-based to also being driven by manufacturing and services.

"While the external sector remains important, growth is increasingly driven by domestic demand. The nation's macroeconomic fundamentals are strong, including manageable inflation, favourable labour market conditions, healthy foreign reserves, current account surplus and high national savings.

"The sound banking system and well-developed capital market continue to have ample liquidity to support economic activity without disruption," he said in the preface of the 2015/2016 Economic Report released by the Finance Ministry in conjunction with the tabling of Budget 2016.

Najib said these positive factors coupled with the government's pro-growth and business-friendly policies place the economy on a steady growth trajectory besides providing a cushion against global uncertainties.

"Supported by sound fundamentals and an

KUALA LUMPUR - 1MDB has been made aware of an article, dated 10 October 2015, that has been published in the Sarawak Report, an online blog currently banned in Malaysia. This article has published selectively extracted materials and contains serious and unfounded allegations, in a clear attempt to manipulate readers with respect to events that have previously taken place at 1MDB.
 
1. 1MDB-Petrosaudi
 
The fund units, owned by 1MDB subsidiary Brazen Sky Limited, were originally valued at

PETALING JAYA: One of the eight Malaysian pilgrims who went missing following a deadly crane crash at the Grand Mosque in Mecca, Saudi Arabia, has been found safe, but four are confirmed dead.

Three other Malaysians remain missing.

Minister in the Prime Minister’s Department Datuk Seri Jamil Khir Baharom said Abdul Muluk Ishak, 71, from Pantai Remis, Perak, had been found unharmed.

Jamil Khir described him as a “forgetful” person who had got lost after Friday prayers.

“He ended up at the

MAKKAH - Six Malaysian haj pilgrims were injured after a crane collapsed on the Grand Mosque here Friday afternoon, killing at least 87 people.

Malaysian haj delegation chief Datuk Syed Saleh Syed Abdul Rahman said one of the Malaysian pilgrim broke a leg, while five others were slightly injured in the incident which occurred about 5 pm local time (10 pm Malaysian time).

He said the injured Malaysian pilgrims were four men and two women.

They were sent to the Tabung Haji (TH) Syisya Medical

DUBAI: At least 310 pilgrims were killed on Thursday in a crush at Mina, outside the Muslim holy city of Mecca, where some two million people are performing the annual haj pilgrimage, Saudi Arabia's civil defence authority said.

The crush, in which at least 450 others were injured, took place on Street 204 of the camp city at Mina, a few kilometres east of Mecca, where pilgrims stay for several days during the climax of the haj.

Thursday is also Eid al-Adha, when Muslims slaughter a sheep. It

KUALA LUMPUR - The government is to provide immediate aid to the Malaysian pilgrims who were injured after a crane collapsed on the Grand Mosque in Makkah yesterday, said Prime Minister Datuk Seri Najib Tun Razak.

Malaysian officials in the holy city said six Malaysian pilgrims were injured in the incident which reportedly claimed the lives of 87 worshippers at about 5 pm (10 pm in Malaysia).

At least 184 more people were injured in the incident, reports said.

"I understand that several

BANGKOK - A bomb blast at a popular shrine in Bangkok that killed 22 people including eight foreigners did not match the tactics used by separatist rebels in southern Thailand, the country's army chief said on Tuesday.

Thai Officials have yet to blame any group for the bombing at the Erawan shrine on Monday evening, which the government called a bid to destroy the economy. No one has claimed responsibility.

National police chief Somyot Poompanmuang told reporters the attack was unprecedented

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