News about IT

KUALA LUMPUR (May 16): The Malaysian chapter of the Climate Governance Initiative (CGI), a project hosted by the World Economic Forum, has been launched, marking the first country in Asia to do so.

KUALA LUMPUR (May 16): The Malaysian Investment Development Authority (Mida) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the East Coast Rail Link (ECRL) project.

KUALA LUMPUR (May 14): Ministers may soon be required to include safeguards against corruption within their ministries as part of their key performance indicators (KPIs).

MRCB-Quill REIT (May 10, RM1.

KUALA LUMPUR (May 13): Almost a year after the RM120 million disposal of Wisma UOA Pantai, UOA Real Estate Investment Trust (REIT) is on the lookout for fresh assets to add to its portfolio.

  Work on the long-abandoned Plaza Rakyat project in Jalan Pudu, Kuala Lumpur is expected to begin soon, A 43% stake in the developer - Profit Consortium Sdn Bhd is being bought by China-based Guangzhou Xu Zhuo Enterprise Management Co Ltd, who are expected to pay the outstanding debt due to Kuala Lumpur City Hall (DBKL) “The Plaza Rakyat project is being taken over by a new consortium, which finalised its takeover at end-March.

KUALA LUMPUR (May 10): MMC Corp Bhd group managing director (MD) Datuk Seri Che Khalib Mohamad Noh expects the government to revive the mass rapid transit 3 (MRT3) project, which is also known as the Circle Line, by year end.

KUALA LUMPUR (May 9): MRCB-Quill REIT’s (MQREIT) net property income in the first quarter ended March 31, 2019 slipped 6.

KUALA LUMPUR (May 7): The US government has returned and will be returning substantial monies to Malaysia, representing the first instalment of funds recovered from asset seizures related to 1Malaysia Development Bhd (1MDB) under the US Department of Justice's (DoJ) Kleptocracy Asset Recovery Initiative, says Attorney General Tommy Thomas.

KUALA LUMPUR (May 7): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), reported today a 1.