Amirudin said investigations by the police, Minerals and Geoscience Department, and (DOSH) confirmed that the groundworks did not impact the gas pipeline.

Abadi Malaysia Sdn Bhd, Kota Lanskap Sdn Bhd and Usia Maintenance Sdn Bhd were found to have infringed Section 4 of the Competition Act 2010 in six tenders collectively worth RM44.85 million put out in 2018 and 2021. 

Ng said the fund is necessary to ensure that enforcement actions are not perceived as weak, or taken lightly by operators who construct factories in prohibited or unsuitable areas.

He described the events as Malaysia’s bold response to the global call for climate-resilient cities and equitable development. 

About half of 23 economists polled predict a cut from 3%, while the rest expect the central bank to stand pat.

The project is slated for completion within 41 months. 

"This is an opportunity to position Malaysia as a key player in the future of construction, driven by innovation, digitalisation and sustainability."

Hyatt Regency, a global hospitality brand, announced the unveiling of Hyatt Regency Kuala Lumpur at KL Midtown, a five star hotel in Mont Kiara, which is to open its doors on Aug 26 this year.

A lawsuit filed in the US against Genting Malaysia Bhd (KL:GENM) by its business partner RAV Bahamas Ltd has been dismissed, though the court opened the door for an amended complaint.

The development of the Johor-Singapore Special Economic Zone (JS-SEZ) is expected to benefit not only areas surrounding Johor Bahru but also be felt across all 10 districts in the state, said Menteri Besar Datuk Onn Hafiz Ghazi.