News about Malaysia

  KUALA LUMPUR (Aug 14): While the Federal Court dismissed Datuk Seri Najib Razak’s bid to postpone the 1Malaysia Development Bhd (1MDB) case from beginning on Monday (Aug 19), it remains unclear whether the trial will indeed commence on that date.

KUALA LUMPUR (Aug 14): A dispute has arisen between George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) over financing requirements for their joint-venture (JV) company that is undertaking the construction of the Light Rail Transit Line 3 (LRT3).

Kajang (Aug 13): Cracking walls and sudden sinkholes are worrying residents of Bandar Damai Perdana 2 in Kajang, who claimed the damage is caused by rock blasting activities at two project sites nearby.

  PUTRAJAYA (Aug 13): Datuk Seri Najib Razak's bid to postpone the 1Malaysia Development Bhd (1MDB) from beginning next Monday (Aug 19) was dismissed by the Federal Court today.

  KUALA LUMPUR: Bank Negara Malaysia (BNM) plans to demolish its mint — Kilang Wang Bank Negara Malaysia building — in Persiaran Selangor, Shah Alam, and redevelop the site as part of its mint modernisation project.

  KUALA LUMPUR (Aug 13): After the aggressive interest rate cuts last week by a handful of Asian central banks that surprised the markets, there is strong expectation that more countries will follow suit in the coming months.

PETALING JAYA (Aug 9): China’s recent economic slowdown has not seemed to curtail its citizens from holidaying abroad, and Malaysia has been one of the beneficiairies of it.

KUALA LUMPUR (Aug 9): 17 current and former Goldman Sachs directors belonging to three of its subsidiaries have been slapped with criminal charges over their handling of the 1 Malaysia Development Bhd (1MDB) scandal, with the government seeking custodial sentences.

Q: Which are the main parts of a condominium that must undergo regular checks? There are mandated periodic inspections stipulated by various authorities after the first and/or second year of Vacant Possession.

KUALA LUMPUR (Aug 9): Berjaya Land Bhd (BLand) has redesignated its executive director (ED) Syed Ali Shahul Hameed as the company’s chief executive officer (CEO) effective yesterday.