The aim is also to develop a conducive investment climate to drive strong economic growth, the prime minister said.

Around 650 workers have lost their jobs following Toshiba’s exit from the modern port city of Liaodong Peninsula.

Sarawak remained the state with the highest number of cases at 3,522, albeit 33.4% less than the record 5,291 posted yesterday.

The first two towers – Tower A and B, have seen 80% of the 455 condominium units snapped up after the project was unveiled last year.

WeWork currently occupies 56,977 sq ft of space within the REIT’s 3.89 million sq ft portfolio and contributes 2.5% of its cash rental income as at June 30.

Teoh disposed of 20.13 million units in the REIT in an off-market transaction that was announced on the stock exchange today. 

His appointment follows the departure of former KWEST CEO Sufian Abdullah. 

The initiative of the exemption from late payment charges refers to charges imposed on employers who fail to remit their EPF mandatory contributions by the 15th of every month. 

Its tender book consists of bids from the private and public sectors, including essential projects such as hospitals and healthcare facilities.