News about MD

KUALA LUMPUR (June 9): It looks like Putrajaya will not “inject” any more monies to the Tun Razak Exchange (TRX) (pictured) financial centre here, according to a very recent report by The Edge weekly.

KUALA LUMPUR (June 6): Former governor of Bank Negara Malaysia (BNM) Tan Sri Muhammad Ibrahim, whose resignation Prime Minister Tun Dr Mahathir Mohamad today confirmed he has accepted, said the purchase of Lot 41 land was not the first time the central bank has done such a transaction.

KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim is expected to resign and former BNM deputy governor Datuk Nor Shamsiah Mohd Yunus is a likely replacement, according to sources.

PETALING JAYA (June 2): The development of The Exchange 106 (formerly known as Signature Tower) in the Tun Razak Exchange (TRX) international financial district required financing from the Ministry of Finance (MoF), which was not reflective of the 49:51 shareholding structure of the project between the ministry – via its unit MKD Signature Sdn Bhd - and Indonesia’s Mulia Group.

PETALING JAYA (May 30): Bank Negara Malaysia (BNM) is believed to have overpaid for a 67.

PETALING JAYA (May 30): Prime Minister Tun Dr Mahathir Mohamad has challenged former Minister Datuk Abdul Rahman Dahlan to back up his claims that the cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR) will result in economic losses of RM209 billion.

PETALING JAYA (May 28): UN-Habitat has recently signed a Memorandum of Understanding (MoU) in London with Think City for a strategic partnership to advocate and promote the New Urban Agenda (NUA) and the United Nation’s Sustainable Development Goals (SDG), specifically SDG 11, which aims to make cities and human settlements inclusive, safe, resilient and sustainable.

PETALING JAYA (May 25): Former prime minister Datuk Seri Najib Razak’s house could possibly be worth at least RM12 million, according to estimates made by real estate experts familiar with the area and based on recent transactions of bungalows in the area.

KUALA LUMPUR (May 24): Money used to pay off US$500 million (RM1.

PETALING JAYA (May 21): TRX City Sdn Bhd “did not see a single cent” of funding worth US$3 billion (RM11.