News about ER

KUALA LUMPUR (Sept 4): The Malaysian government is taking civil action to recover funds derived from Retirement Fund (Inc)'s RM4 billion loan to SRC International Sdn Bhd.

KUALA LUMPUR (Sept 4): When the 1MDB fiasco hogged the limelight and started drawing unwanted attention, fugitive businessman Low Taek Jho (pictured) provided a set of answers to "frequently asked questions" (FAQ) to the group of people who handled all dealings related to 1MDB.

KUALA LUMPUR (Sept 4): Former prime minister Datuk Seri Najib Razak (pictured) had told his special officer and fugitive financier Low Taek Jho, aka Jho Low, to cut infrastructure deals involving rail and gas pipelines with China's state-owned enterprises to bail 1Malaysia Development Bhd (1MDB) out of its mounting debts, said a key witness in the 1MDB-Tanore trial today.

KUALA LUMPUR (Sept 4): The High Court was told today that no one in the Prime Minister's Office (PMO) dare to question Datuk Seri Najib Razak (pictured) regarding the source of funds received by him when he was the most powerful person in the country.

KUALA LUMPUR (Sept 4): Country Garden Malaysia is looking to launch the first phase of its Lake City @ KL North development in Taman Wahyu, Kuala Lumpur soon.

KUALA LUMPUR (Sept 4): Yayasan Permata, the brainchild of Datin Seri Rosmah Mansor, has agreed to forfeit RM4.

KUALA LUMPUR (Sept 4): Berjaya Land Bhd (BLand) says it has secured a public housing and mixed development project in Yangon, Myanmar, that carries an estimated gross development value of US$624 million project or approximately RM2.

KUALA LUMPUR (Sept 4): Fugitive businessman Low Taek Jho explained the formation of Terengganu Investment Authority (TIA) to former premier Datuk Seri Najib Razak's aide by scribbling on a whiteboard in his apartment kitchen here.

SERENDAH (Sept 3): Transport Minister Anthony Loke Siew Fook said today Malaysia's proposed passenger service charge (PSC) cut for international travellers flying beyond Asean from klia2 and other airports besides the Kuala Lumpur International Airport (KLIA), to RM50 from RM73 is "not temporary" because the Cabinet has decided on the matter.

KUALA LUMPUR (Sept 3): Malaysia will see a more competitive and diversified power generation mix as bidding under the third cycle of the Large-Scale Solar (LSS3) scheme shows that solar-based electricity generation is cheaper than gas-based power production, Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin said today.