News about Malaysia

PETALING JAYA (Sept 13): Outlook for shopping centres and the retail industry as a whole looks favourable this year on the back of the country's GDP growth beating expectations, said Finance Minister Lim Guan Eng (pictured).

KUALA LUMPUR (Sept 12): The ailing 1Malaysia People’s Housing Programme (PR1MA) received a growth spurt from the extended Home Ownership Campaign (HOC) when it was held in Sabah.

KUALA LUMPUR (Sept 12): Bank Negara Malaysia's (BNM) monetary policy committee (MPC), at its meeting today, decided to maintain the overnight policy rate (OPR) at 3%.

KUALA LUMPUR (Sept 12): Shipowner and charterer Hubline Bhd is acquiring a 75% stake in property investment company Absolute Privilege Sdn Bhd for RM16.

KUALA LUMPUR (Sept 5): At one point, Datuk Amhari Efendi Nazaruddin (pictured, left) brought home some RM75,000 per month as the special officer to Datuk Seri Najib Razak, the High Court was told today.

PETALING JAYA (Sept 5): In view of the recent tragic fire at the Sungai Lembing heritage town, the Malaysian Institute of Architects (PAM) has called for upgrades to fire and life-safety measures at all heritage buildings, particularly older buildings.

  KUALA LUMPUR (Sept 5): Datuk Amhari Effendi Nazaruddin (pictured), who is one of the star witnesses in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial involving Malaysia's sixth Prime Minister Datuk Seri Najib Razak, is expected to be grilled by the defence today.

  KUALA LUMPUR (Sept 5): In an attempt to extricate and salvage 1Malaysia Development Bhd (1MDB) from the mounting debts that financier Low Taek Jho or Jho Low and his cohorts had plunged the company into, former prime minister Datuk Seri Najib Razak assembled in astonishing quick time, a handful of mega infrastructure projects that Malaysia could offer to China’s state-owned enterprises.

KUALA LUMPUR (Sept 4): Thriven Global Bhd has accepted a RM15 million credit facility from Bank Islam Malaysia Bhd to finance its working capital requirements.

KUALA LUMPUR (Sept 4): If fugitive businessman Low Taek Jho (also known as Jho Low) was the “unofficial adviser” to Datuk Sri Najib Razak, the late Datuk Azlin Alias, who died in a helicopter crash in April 2015, and Datuk Amhari Efendi Nazaruddin would be the sidekicks of the former prime minister in handling 1Malaysia Development Bhd (1MDB) affairs.