Economists see no OPR cuts just yet
KUALA LUMPUR (July 9): Bank Negara Malaysia (BNM) is unlikely to cut interest rate when the monetary policy committee meets today.
KUALA LUMPUR (July 9): Bank Negara Malaysia (BNM) is unlikely to cut interest rate when the monetary policy committee meets today.
KUALA LUMPUR (July 8): The prosecution has argued that none of the money that were transferred from SRC International Sdn Bhd's bank account went into former managing director Nik Faisal Nik Ariff Kamil's bank account, despite the defence's assertions that witness Datuk Suboh Md Yassin's signatures on the bank transfer documents were forged by Nik Faisal.
KUALA LUMPUR (July 8): Malaysia will not implement local government elections until the Cabinet decides on the matter by end of this year, says Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad Baharuddin Shah today.
PETALING JAYA (July 8): The proposed acquisition of four toll concessionaires will save billions of ringgit for taxpayers and highway users, while providing shareholders of the toll concessionaires a limited but reasonable return on their investment to ensure the stability of the fragile financial markets The finance minister issued two separate statements on June 22 and 26, 2019 to explain the benefits and rationale of the proposed offer to acquire four highway concessionaires (LDP, SPRINT, Kesas and SMART) by the government.
KUALA LUMPUR (July 8): Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial involving the misappropriation of RM2.
PETALING JAYA: Property developer Villamas Group wants to elevate the quality of life for those living in Seri Kembangan, Selangor with its upcoming mall called META_mall which is part of its meta_city mixed-use transit-oriented development.
KUALA LUMPUR (July 5): Seacera Group Bhd has been served with a winding up statutory notice for RM15.
KUALA LUMPUR (July 5): Water, Land and Natural Resources Minister Dr Xavier Jayakumar said Malaysia imposed the sea sand export ban after Pakatan Harapan took over the government last May to ensure the country has enough of the commodity to satisfy domestic demand.
Q: Management Corporation or Joint Management Body to set up a company to manage finances? Who is ultimately responsible for the funds? Under the Strata Management Act 2013 (SMA), the Management Corporation’s (MC) and the Joint Management Body’s (JMB) ultimate function is to properly maintain and manage the subdivided building or land, and the common property.