Toggle navigation

News About Economic Planning Unit

Auditor casts going concern doubts on Damansara Realty

By Sangeetha Amarthalingam May 31

KUALA LUMPUR (May 31): Damansara Realty Bhd’s external auditor has issued a statement regarding a material uncertainty in the financial statements of Damansara Realty that may cast significant doubt on the company’s ability to continue as a going concern.

MyHSR Corp launches strategic development framework along KL-Singapore HSR corridor

By Chester Tay Feb 20

KUALA LUMPUR (Feb 20): MyHSR Corp Sdn Bhd has launched a strategic development framework (SDF) to outline socioeconomic development direction along the 350km Kuala Lumpur Singapore High Speed Rail (HSR) corridor.

Kedah wants full-fledged airport in Kulim

By Sangeetha Amarthalingam Apr 15

KULIM (April 15): The proposed Kulim International Airport (code-named KXP) is back to being a full-fledged passenger and cargo airport in the final proposal to be submitted by the Kedah government to the prime minister in the third quarter of 2016.

Malaysia Property Inc ceases operations as overhang issue under control

By Chester Tay Apr 13

KUALA LUMPUR (April 13): Malaysia Property Inc (MPI) has ceased operations as it has accomplished its objective of managing the property overhang issue and in branding Malaysia's real estate sector overseas, the government said today.

Tropicana’s sale of Dijaya Plaza goes unconditional

By Yimie Yong Apr 12

KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional. The disposal is expected to be completed in the second quarter this year.