Editor's Pick

PM announces whole of Malaysia under MCO from May 12 to June 7

"Based on the increasing trend of daily Covid-19 cases, the government has decided to take more drastic and stringent measures to curb the spread of Covid-19 infections in the community and prevent a sharp increase in cases," Muhyiddin said.

A 5-bedroom penthouse on Orchard Boulevard sold for S$34.44m

“All the buyers of the five units are ultra-high networth foreigners... For these buyers, price was no object. They zoomed in on the best units, which were the largest units on the topmost floors. It’s clear that they want a product that stands out from the crowd, a product that can’t be found elsewhere,” Dominic Lee, head of luxury at PropNex.

Finance Ministry confirms 1MDB, SRC filed civil suits for a combined US$23b, as per The Edge report

The ministry said all proceeds from the 1MDB asset recovery efforts, including any future settlements, are deposited into the Asset Recovery Trust Account under the custody of the Accountant-General’s Department of Malaysia. However,  these settlements will not affect or compromise Malaysia’s claims against other wrongdoers for the losses caused to 1MDB and SRC and that they will continue to be pursued through both the criminal and civil justice systems.

Malaysia hotel industry losses RM135m during Ramadan last year

The tourism and hotel industry is again left helpless as various states fall into another round of MCO and this time around it came right in the middle of the holy month of Ramadan when hotels are busy preparing for the coming Hari Raya holidays and serving the once a year festival buffet for breaking fast.

Scientex mulls for seventh township development in Johor

Upon completion of the proposed land purchase along with other ongoing land acquisitions in other states, Scientex’s total landbank across Johor, Melaka, Selangor, Perak, Penang and Kedah would expand from approximately 6,236 acres to around 7,200 acres.