The court agreed with Genting Malaysia’s position that the complaint in its initial form was “merely a shareholders’ dispute” in a decision on July 1, and that RAV Bahamas' current allegations are “baseless and without merit”, according to Genting Malaysia in an exchange filing on Monday.
Leading loan indicators were also mixed—loan approvals rose, applications moderated and disbursements declined.
The bid was submitted on June 27 in response to the New York State Gaming Commission’s request for applications for up to three commercial casinos in downstate New York, where its Resorts World New York City (RWNYC) is located, Genting Malaysia said in an exchange filing.
“Hopefully, it would be part of the Pan Asian [Railway] (from Kunming, China, to Singapore).
"Defer the SST on rentals until after Visit Malaysia Year 2026 to preserve industry stability and support tourism-linked growth.
The Malaysia Shopping Malls Association pointed to ongoing global economic uncertainties, including tariff wars, supply chain disruptions, and intensifying regional and digital competition, which continue to challenge retail businesses.
The Master Builders Association Malaysia said the construction sector is already burdened by multiple layers of taxation on materials, labour, and equipment, with most contracts awarded on a fixed-price and fixed-duration basis.
Based on an illustrative issue price of 57.
Malaysia Rail Link Sdn Bhd chief executive officer Datuk Seri Darwis Abdul Razak said that as of April, overall construction stood at 82.
Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar said the project is on a solid track for completion in December 2026, with full operations expected to begin on Jan 1, 2027.
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