Malaysia's cost of living rises but still has some of the cheapest locations for expats
SINGAPORE (Dec 17): Although Malaysian cities have seen a significant rise in the rankings for cost of living for expatriate workers, they remain the cheapest locations in Asia for expats, according to the latest Cost of Living survey by ECA International.
MRT Corp CEO Shahril Mokhtar resigns
KUALA LUMPUR (Dec 17): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Sri Shahril Mokhtar will be stepping down from his post at the end of the year to pursue other career options.
Kayin raises Selangor Properties privatisation offer to RM6 per share
KUALA LUMPUR (Dec 17): Selangor Properties Bhd's Wen family has revised its privatisation offer to RM6, from RM5.
Agencies told to work together to maintain drainage system, prevent floods in Pahang
KUANTAN (Dec 17): The could have been a “failure in coordination between the local authorities and the Irrigation and Drainage Department” as “the same old problems” of flood are occurring in Pahang, said state Local Government and Housing Committee chairman Abd Rahim Muda.
WPP employees move out of new building temporarily over safety issues, says report
KUALA LUMPUR (Dec 17): A report by Campaign Asia-Pacific has revealed that employees of WPP were very worried about their well-being while working in their new offices at the Petaling Jaya campus in Tower H within the Empire City (pictured), Damansara Perdana.
Eatery owners opposed to total smoking ban, proposes win-win solution
KUANTAN (Dec 17): A win-win solution is being called for by Pahang eatery owners, who are opposed to a total smoking ban at all open-air outlets.
PNB and EPF buys Battersea Power Station phase 2 for RM8.35bn base consideration
PETALING JAYA (Dec 17): Battersea Phase 2 Holding Company Ltd (Battersea Phase 2 Holdco) and PNB-Kwasa International 2 Ltd has inked a sale and purchase agreement to acquire Phase 2 of the Battersea Power Station commercial assets last Friday for a base consideration of £1.
The bank that helps rich kids buy London homes
LONDON (Dec 17): The pricey property market of London has caused even the children of the wealthy to need financial help.
Selangor MB: Sri Maha Mariamman temple should return land and RM1.5m compensation – report
PETALING JAYA (De 15): The Sri Maha Mariamman temple management should return the one-acre parcel of land and RM1.