PETALING JAYA (Sept 3): The Kuala Lumpur-Singapore High-Speed Rail (HSR) will be postponed indefinitely and Malaysia will not be required to pay Singapore compensation during the period, said Minister of Economic Affairs Datuk Seri Azmin Ali.
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Transport Minister Anthony Loke, speaking to Malaysiakini, said that the ministry will discuss the plan to give prudent drivers discounts on their insurance, with the General Insurance Association of Malaysia soon.
KUALA LUMPUR (September 3): The Road Transport Department (RTD) has taken over the operations of 45 Automated Enforcement System (AES) cameras, effective Sept 1.
KUALA LUMPUR (September 3): Plaza Rakyat lot owners are unhappy that Kuala Lumpur City Hall (DBKL) has “washed its hands of” compensation of the stalled project.
GEORGE TOWN: Ivory Properties Group Bhd, which posted losses in the past two quarters, is confident of returning to profitability when three new projects in Penang come on stream.
KUALA LUMPUR (September 3): AsiaMalls Sdn Bhd, which has been seeking a buyer for SStwo Mall in Petaling Jaya for about three years, is understood to have finally found one.
KUALA LUMPUR (September 3): DRB-Hicom Bhd’s Datuk Mohamed Hazlan Mohamed Hussain will take over the helm of the financially stressed Prasarana Malaysia Bhd after its former chief executive officer (CEO) Masnizam Hisham’s tenure has been cut short by the ministry of finance (MoF), according to sources.
KUALA LUMPUR (September 3): The government will review the list of goods under the new sales and services tax (SST) and amend it by year end after it conducts a study on whether some goods should be taxed following feedback from the public, according to Finance Minister Lim Guan Eng.
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