News by TheEdgeMarkets.com

The British-born Stadlen will be charged in absentia as he fled Malaysia immediately after Najib lost power last May.

"Registration processes are currently being updated to reflect this expansion. Once MOTAC’s (Ministry of Tourism, Arts and Culture's) new registration process is in place, we will actively work to inform hosts of the registration requirements, as we have done with DBKL (Kuala Lumpur City Hall) last year and in hundreds of jurisdictions around the world," Airbnb said.

Retail price of diesel will remain at RM2.18 a litre because the federal government has promised to stabilise the price of diesel at RM2.18 a litre.

The contract is to undertake basement and sub-structure works for the proposed Pavilion Damansara Heights (PDH) Parcel 2 mixed development at Jalan Damanlela, Kuala Lumpur. 

News portal reported yesterday that a Swiss court had ordered the Malaysian-Canadian entrepreneur and her husband to pay the damages to the Basel-based NGO after it failed to obtain an injunction against the environmentalist group over money laundering allegations.

RM2 million of the fine imposed is the maximum fine provided under Section 354(3)(b) of the CMSA. Deloitte was also slapped with another RM200,000 fine for not submitting a copy of financial statements to a trustee within the legally stipulated time.

However, if Malaysia decides that Goldman is paying too little, then the government will look to the court to decide on the compensation amount.

The award is for the construction of a 5.7-kilometer by-pass from Bandar Baru Ayer Itam connecting to Lebuhraya Tun Dr Lim Chong Eu.

Justo, his wife Laura and four-year-old son Zander, visited The Edge Media Group’s office in Petaling Jaya, Selangor, on Jan 31, where they met Tong and group publisher and CEO Ho Kay Tat.

The contract period is for 27 months, starting from Feb 18, 2019.