News about ST

KUALA LUMPUR (June 11): Malaysia's sales value of wholesale and retail trade plunged 36.

NEW YORK (June 11): The developer of a 43-story luxury condo building in Manhattan’s Tribeca neighborhood sued Malaysia’s biggest bank for reneging on agreements to provide more than US$162 million (RM689 million) in syndicated construction loans and “effectively thwarting” the project, Bloomberg reported today.

KUALA LUMPUR (June 10): Master Builders Association Malaysia (MBAM) president Foo Chek Lee has been appointed as the new chairman of Asean Constructors Federation (ACF), effective today.

KUALA LUMPUR (June 10): Health director-general Datuk Dr Noor Hisham Abdullah broke into tears today when announcing the retirement of his deputy Datuk Dr Rohaizat Yon.

PETALING JAYA (June 10): Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs) of strata developments can now be conducted physically, according to the government's latest Standard Operating Procedure (SOP) guidelines on strata management for the Recovery Movement Control Order (RMCO) phase which began today (June 10).

PETALING JAYA (June 10): Petrol dealers say they are unaware of the Domestic Trade and Consumer Affairs Ministry‘s decision in revoking the price control order that set a price ceiling for RON95 petrol and diesel, the Malaysian Reserve reported today.

KUALA LUMPUR (June 10): Fugitive Malaysian financier Jho Low traveled to Kuwait last September, slipped past international arrest notices and authorities in the US and Malaysia seeking him for his alleged role in the multibillion-dollar state investment fund 1Malaysia Development Bhd (1MDB) fraud, says the Wall Street Journal (WSJ).

KUALA LUMPUR (June 9): The withdrawal of the 46 corruption and money laundering cases against former Sabah chief minister Tan Sri Musa Aman today was done as it was no longer tenable to continue with his prosecution, said Attorney General (AG) Tan Sri Idrus Harun.

KUALA LUMPUR (June 9): Former premier Tun Dr Mahathir Mohamad (pictured), his son Datuk Seri Mukhriz Mahathir and four others have filed a suit against Parti Pribumi Bersatu Malaysia (Bersatu) president Tan Sri Muhyiddin Yassin and the Registrar of Societies (RoS), seeking a declaration that they are rightful members of Bersatu and that their posts in the party remain intact.

KUALA LUMPUR (June 9): The Malaysian Anti-Corruption Commission (MACC) has called in Sabah’s infrastructure development minister Datuk Peter Anthony to assist in a corruption investigation involving a slew of roadworks maintenance contracts issued by the Sabah state government.