Malaysian Bar urges government to adopt UK hybrid system and reconvene Parliament
KUALA LUMPUR (June 16): The Malaysian Bar has joined the list of parties who have made urgent calls for the government to reconvene parliament.
PM: Parliament can reconvene in September or October with strict SOPs
KUALA LUMPUR (June 15): Prime Minister Tan Sri Muhyiddin Yassin has given his commitment that Parliament will reconvene when the nation enters Phase 3 of the National Recovery Plan in September or October.
Maju Expressway defaults on RM50m bond principal
KUALA LUMPUR (June 15): Maju Expressway Sdn Bhd (MESB) has defaulted on its RM50 million bond principal after failing to redeem its outstanding amount, according to facility agent CIMB Investment Bank Bhd.
CapitaLand Malaysia Mall Trust gets nod to expand beyond non-retail investments
KUALA LUMPUR (June 14): Unitholders of CapitaLand Malaysia Mall Trust (CMMT) today voted in favour for the real estate investment trust's (REIT) proposal to expand its asset classes to include business parks, logistics facilities, warehouses, distribution centres, data centres and integrated developments.
Selfridges may change hands for £4b
LONDON (June 14): The owner of the UK high-end department stores Selfridges & Co is mulling to let go of the business after receiving an unsolicited approach valuing it at £4 billion (RM23 billion), reported Evening Standard.
Public Bank says Covid-19 relief amounts to about RM40b so far
KUALA LUMPUR (June 14): Public Bank Bhd managing director and chief executive officer (CEO) Tan Sri Tay Ah Lek said today the group’s Covid-19-driven targeted loan repayment assistance programme had so far assisted over 160,000 customers who benefited from the bank’s pandemic relief amounting to about RM40 billion.
72% of Malaysian workers rank attractive salary and benefits as most important, says Randstad
KUALA LUMPUR (June 14): 72% of Malaysians ranked “ attractive salary and benefits” as the most important employee value proposition (EVP) they seek in an ideal employer, according to research released by Randstad.
Businesses seek blanket interest-free moratorium until Malaysia achieves herd immunity
KUALA LUMPUR (June 12): A group of 14 business and consumer organisations supported by 125 associations has called for a blanket loan moratorium until Malaysia reaches herd immunity from Covid-19.
Works Minister Fadillah Yusof tests positive for Covid-19, undergoing home quarantine
KUALA LUMPUR (June 11): Senior Works Minister Datuk Seri Fadillah Yusof (pictured) has tested positive for Covid-19.
Some London folk still living in ‘flammable’ homes
KUALA LUMPUR (June 11): Some London residents are still living in homes covered in the infamous flammable ACM cladding, the cause of the tragic fire that consumed Grenfell Tower almost four years ago.
