Array of deals for homebuyers amid downturn
The current property market downturn in Malaysia has pushed property developers to offer myriad attractive packages, freebies and even financial assistance to lure purchasers.
High Court rejects application to include Najib, Rosmah, six others in suit by family of late PI Bala
KUALA LUMPUR (Aug 6): The High Court here today rejected an application by businessman Deepak Jaikishan to include ex-prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor, and six others as third parties in a legal action pursued by the family of the late private investigator (PI) P Balasubramaniam.
KLCC Stapled Group 2Q net profit drops as retail, hotel segments heave under MCO
KUALA LUMPUR (Aug 6): KLCC Stapled Group saw its net profit for the second quarter ended June 30, 2020 (2QFY20) fall by 22.
Report: Hong Kong's Kwok family loses US$8b in a single year
KUALA LUMPUR (Aug 5): The Kwok family’s Sun Hung Kai Properties “has seen its fortune shrink by almost US$8 billion (RM33.
Australia's Lynas to begin waste facility construction in Malaysia next year
PETALING JAYA (Aug 5): Australian rare earths miner Lynas Corp is eyeing to construct a waste treatment facility in Malaysia in early 2021, reported Reuters.
Zuraida: Residential Tenancy Act being drafted
KUALA LUMPUR (Aug 2): The Residential Tenancy Act (RTA) is still being drafted and is expected to be ready by the end of the year, Housing and Local Government Minister Zuraida Kamaruddin (pictured) said recently.
FMM: Decision to limit foreign workers 'shocking, unacceptable'
KUALA LUMPUR (July 30): The Federation of Malaysian Manufacturers (FMM) has slammed the Ministry of Human Resources' announcement about limiting the hiring of foreign workers to only three sectors — construction, plantation and agriculture — as shocking, unacceptable and done without prior consultation with stakeholders.
Airbnb says Malaysian hosts broadly welcome its MMA-endorsed enhanced cleaning protocol
KUALA LUMPUR (July 29): Malaysian hosts have in general welcome Airbnb's Malaysian Medical Association (MMA)-backed enhanced cleaning protocol as communities reopen for travel in Malaysia, said the short-term rental accommodation company.
Over 4,500 businesses ceased operations during MCO period — ministry
KUALA LUMPUR (July 29): A total of 4,542 applications to cease operations were processed by the Companies Commission of Malaysia (SSM) between April 1 and July 19 this year, according to the Ministry of Domestic Trade and Consumer Affairs.
Singapore: PM Lee's nephew found guilty of contempt of court
KUALA LUMPUR (July 29): Li Shengwu, the grandson of Lee Kuan Yew and nephew of Singapore PM Lee Hsien Loong has been found guilty of contempt of court and fined S$15,000 (RM46,235) today, Channel News Asia (CNA) reported.
