Axis REIT to buy two industrial properties in Johor for RM55.8m
KUALA LUMPUR (Aug 14): Axis Real Estate Investment Trust is planning to acquire two industrial properties for a total of RM55.
George Kent, MRCB in LRT3 funding dispute
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).
Nearby developments causing homes to crack, claim residents
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.
Trump Organization-partnered luxury condo project for sale in Indonesia
JAKARTA (Aug 13): Indonesian builder PT MNC Land has launched the sale of luxury condos and mansions in two projects in Indonesia.
Efforts to track Jho Low, Nik Faisal yield no result since Interpol issued Red Notice in June 2018, High Court told
KUALA LUMPUR (Aug 13): Since the Interpol issued its Red Notice to arrest fugitives Low Taek Jho and Nik Faisal Ariff Kamil on June 11 last year, efforts to track down the duo has yielded no result, the High Court was told today.
Day 52 of Najib's SRC trial: The prosecution's final week to make its case begins?
KUALA LUMPUR (Aug 13): Today marks the beginning of what is likely to be the final week of the prosecution's case for Datuk Seri Najib Razak's SRC International Sdn Bhd trial at the High Court here, as Malaysian Anti-Corruption Commission (MACC) senior assistant commissioner Rosli Hussain is expected to return to the witness stand.
Strike three as apex court dismisses Najib's appeal to postpone 1MDB hearing
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.
Singapore likely to fall into technical recession, says AmBank Research
KUALA LUMPUR (Aug 13): AmBank Group Research expects Singapore's gross domestic product (GDP) growth to slow down and to likely fall into 'technical recession', ie two quarters of negative growth.
Johor rivers dying
JOHOR BAHRU (Aug 13): Dead or dying rivers in the state require urgent action to ensure long-term water resources.
Bank Negara Malaysia to redevelop its mint
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.
