MACC arrests former PM Najib
KUALA LUMPUR (July 3): Former prime minister Datuk Seri Najib Razak (pictured) has been arrested, according to police and Malaysian Anti-Corruption Commission (MACC) sources.
Loan scheme for M40, B40 groups targeted for August rollout
PUTRAJAYA (July 3): The government aims to roll out a loan scheme aimed at the M40 and B40 income group, said Housing and Local Government Minister (KPKT) Zuraida Kamaruddin.
Don't worry too much about KL property glut as market will eventually adjust itself, says MIP president
PETALING JAYA (July 3): The housing and commercial property glut in Kuala Lumpur is not a great cause for concern as the market will eventually adjust itself to accommodate the excessive supply, said the Malaysian Institute of Planners (MIP) president Ihsan Zainal Mokhtar.
Final cost of ECRL project is actually RM81b, says Lim Guan Eng
KUALA LUMPUR (July 3): The final cost of the East Coast Rail Link (ECRL) project is actually RM81 billion and must be reduced significantly to make it viable financially, according to Minister of Finance Lim Guan Eng.
Proposed Labu aviation hub ‘fine’ for MRO, but not airport
KUALA LUMPUR (July 2): Almost 10 years after the federal government shot down a proposal to build an airport funded by the private sector in Labu, Negeri Sembilan, the topic has been revived after the Pakatan Harapan state government announced its intention to develop an aviation hub there.
KLK appoints Leong Sean Meng as acting group CFO
KUALA LUMPUR (July 2): Kuala Lumpur Kepong Bhd (KLK) has appointed Leong Sean Meng as the acting group Chief Financial Officer (CFO) with immediate effect upon the resignation of the Group CFO Soon Wing Chong, reported Bernama today.
Zeti looking forward to working with PNB, to remain in CEP
KUALA LUMPUR (July 2): Newly appointed Permodalan Nasional Bhd (PNB) chairman Tan Sri Dr Zeti Akhtar Aziz (pictured) says she will continue to serve as a member of the Council of Eminent Persons (CEP).
Zenith claims conned in RM22m Penang undersea tunnel graft case
PETALING JAYA (July 2): Consortium Zenith Construction Sdn Bhd’s (CZC) senior executive director Datuk Zarul Ahmad Mohd Zulkifli said the company was duped into paying off two individuals who claimed to have high-level connections within the authorities, reported the Malay Mail.
GLC architect remanded over investigations into RM300m projects
PETALING JAYA (July 1): An architect with a government-linked company (GLC) has been remanded for five days to assist in investigations into the awarding of tenders for RM300 million worth of construction projects, reported Bernama.
MRL would not have signed ECRL contract if it could, said sources
PETALING JAYA (June 30): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Link (ECRL) project, would not have signed the papers for the project out of its own volition, sources told The Star.
