News about Malaysia

KUALA LUMPUR (Jan 17): The Federation of Malaysian Manufacturers (FMM) Eastern Branch is protesting the higher quit rent for industrial and business landowners in Pahang that took effect on Jan 1, which it said has increased by up to 34 times.

PUTRAJAYA (Jan 17): Transport Minister Anthony Loke said today locals will be appointed as chief executive officers (CEOs) of Prasarana Malaysia Bhd and Malaysia Airports Holdings Bhd (MAHB), because both companies are strategic assets for the nation.

PETALING JAYA (Jan 17): American multinational technology company Apple's official Instagram account shared a picture taken by local policeman Azmeer Iskandar yesterday.

KUALA LUMPUR (Jan 17): Kossan Rubber Industries Bhd is disposing of a vacant freehold industrial land in Kuala Langat, measuring 390,397 sq metres, for RM147.

KUALA LUMPUR (Jan 17): The restructuring exercise of PLUS Malaysia Bhd’s concession agreements to bring about toll rate reductions is believed to entail the securitisation of its future cash flow estimated at RM7.

KUALA LUMPUR (Jan 16): Shell Malaysia Trading Sdn Bhd has waived the 50 sen top-up fee on Touch 'N Go at all 27 of its stations located along the North-South Expressway (NSE) effective today.

PETALING JAYA (Jan 16): Guangdong-based property developer Country Garden Group has appointed Su Bai Yuan (pictured) as regional president for Malaysia and Singapore, announced Country Garden Malaysia in a statement today.

  KUALA LUMPUR (Jan 16): The construction industry saw a recovery in sentiment in 2019, amid news of the government’s intention to revive several mega infrastructure projects that were put on hold or postponed after the government change in 2018.

KUALA LUMPUR (Jan 15): The Cabinet had at its meeting today decided that highway concessionaire PLUS Malaysia Bhd will not be sold and will remain under its current shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF), according to sources.

PETALING JAYA (Jan 15): Country Garden Malaysia regional president Jason Fu (pictured) has resigned from the subsidiary of Hong Kong-listed Country Garden Holdings Co Ltd, after four years and five months of helming its operations in Malaysia and Singapore.