Jobless rate may hit 4.5% this year due to MCO — RAM
KUALA LUMPUR (Aug 17): The unemployment rate in 2020 may range from 4% to 4.
Completion date for Sabah Pan Borneo Highway to be announced after tabling of 12MP, says Deputy Works Minister
KUALA LUMPUR (Aug 17): The new completion date for the Sabah portion of the Pan Borneo Highway will be announced after the tabling of the 12th Malaysia Plan (12MP), which is scheduled for early next year, said Deputy Works Minister Datuk Eddin Syazlee Shith (pictured).
Report: Magna Prima willing to sell prime assets 'if the price is right'
KUALA LUMPUR (Aug 15): Property developer Magna Prima Bhd has plans to sell off some “prime assets” in an effort to “reduce its gearing so that it is able to sustain its business in the current challenging environment”, according to a recent report by The Edge Malaysia.
MEF questions need for valid work permits for re-employment of foreign workers
KUALA LUMPUR (Aug 16): While the Malaysian Employers Federation (MEF) has lauded the government’s decision to allow the re-employment of foreign workers who are currently still in the country and are no longer required by their existing employers, it has questioned the need for valid work permits.
Vell Paari obtains stay of suit filed by Samy Vellu’s 'companion'
IPOH (Aug 14): The High Court here has today allowed Datuk Seri S Vell Paari's application for a stay of proceedings of a suit filed by a ‘companion’ of his father Tun S Samy Vellu (pictured), pending the disposal of his application to ascertain the mental health of his father.
High Court rejects Najib's bid to strike out 1MDB audit tampering charge
KUALA LUMPUR (Aug 14): The High Court here had today dismissed former prime minister Datuk Seri Najib Razak's (pictured) application to strike out the 1Malaysia Development Bhd (1MDB) audit report tampering charge against him.
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Kg Baru Subang: An industrial diamond in the rough
For seafood lovers, Kampung Baru Subang (Kg Baru Subang) is a place with plenty of hidden gems that are worth discovering.
Analysts stay neutral on M-REITs after gearing limit temporarily raised to 60%
KUALA LUMPUR (Aug 13): Analysts have maintained their "neutral" rating of Malaysian real estate investment trusts (M-REITs) following news that the Securities Commission Malaysia (SC) will temporarily increase the gearing limit for M-REITs from 50% to 60%.
Ambrin: Exit conference can only be chaired by auditor-general
KUALA LUMPUR (Aug 12): The fateful Feb 24, 2016 meeting — which led to the alleged tampering of the 1Malaysia Development Bhd (1MDB) audit report — could not be considered as an exit conference meeting because an exit conference can only be chaired by the auditor-general, the High Court heard today.
