Mida sets up dedicated team to promote development along ECRL project
KUALA LUMPUR (May 16): The Malaysian Investment Development Authority (Mida) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the East Coast Rail Link (ECRL) project.
Guan Eng leads 10-member office to oversee govt’s debt, liabilities
KUALA LUMPUR (May 16): A Debt Management Office (DMO) has been set up to review and manage the government’s debt and liabilities, which will be chaired by Finance Minister Lim Guan Eng.
'If I knew payment was for Najib, I would not have made it', Umno man says of RM42m transfers
KUALA LUMPUR (May 16): Ihsan Perdana Sdn Bhd managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) told the court that he did not know the RM42 million cash transfers made by the company between Dec 26, 2014 and Feb 10, 2015 went into former premier Datuk Seri Najib Razak's accounts.
MBSB's 1Q profit falls 73.5% on higher expected credit losses
KUALA LUMPUR (May 15): Malaysia Building Society Bhd (MBSB) reported a 73.
Ihsan Perdana witness testifies RM42m entered Najib's accounts for 'CSR programmes'
KUALA LUMPUR (May 15): A former senior account executive with Ihsan Perdana Sdn Bhd (IPSB) testified in the High Court that she was asked by the company's managing director Datuk Dr Shamsul Anwar Sulaiman to transfer three tranches of payments to two separate AmBank accounts on Dec 26, 2014 and Feb 10, 2015.
Intelligent Residence Management app: RM Quest inks MoU with regional partners
PETALING JAYA (May 15): RM Quest Sdn Bhd, the developer of the Intelligent Residence Management App (iRM) has signed a Memorandum of Understanding (MoU) today with its Malaysian marketing partner, Wincomm Trade & Services and regional marketing partners from the United Arab Emirates (UAE), Bangladesh and Philippines.
Parkson's HK unit wins bid to occupy buildings above railway station in Jiangxi
KUALA LUMPUR (May 15): Hong Kong-listed Parkson Retail Group Ltd (PRGL), which is a 54.
Damansara Realty to jointly develop 68 shoplots in Johor Bahru
KUALA LUMPUR (May 15): Damansara Realty Bhd is teaming up with a private developer to develop a commercial project comprising 68 units of shoplots on a plot of land in Johor Bahru, with a net development area of 1.
Ministers may soon add anti-corruption measures to their KPIs
KUALA LUMPUR (May 14): Ministers may soon be required to include safeguards against corruption within their ministries as part of their key performance indicators (KPIs).