News about ST

  A report cites sources as saying that China offered to reduce the East Coast Rail Link (ECRL) project construction costs, as Prime Minister Mahathir Mohamad had, in the past stated that the Malaysian government does not have the funds to pay for the project.

KUALA LUMPUR (Feb 1): AmanahRaya Real Estate Investment Trust (REIT)’s chief executive officer (CEO) Zalila Mohd Toon, 58, has resigned just after three months on the job.

KUALA LUMPUR (Feb 1): The Malaysian government will let Goldman Sachs Group Inc decide how much to pay of the US$7.

(Jan 31): The Edge Media Group chairman Datuk Tong Kooi Ong has gifted whistle-blower Xavier Andre Justo RM8.

KUALA LUMPUR (Jan 31): Crest Builder Holdings Bhd's unit has bagged a contract worth RM99.

PETALING JAYA (Jan 31):  The stamp duties on property sales and purchase agreements (SPA) for properties priced up to RM1 million and for loan agreements of up to RM2.

PUTRAJAYA (Jan 31): Federal Territories Minister Khalid Abdul Samad is targeting contract “cartels” in Kuala Lumpur City Hall (DBKL) he believes are mostly controlled by Umno party members, reported The Malay Mail yesterday.

KUALA LUMPUR (Jan 30): The government is mulling leases of up to 99 years "to overcome the challenge posed by the redevelopment of Kampung Baru (pictured) on its reserve land status", Federal Territories Minister Khalid Abdul Samad was reported as saying by Malaysiakini today.

PUTRAJAYA (Jan 30): Finance Minister Lim Guan Eng (pictured) said today the Cabinet has decided that only Prime Minister Tun Dr Mahathir Mohamad will make announcements on the proposed RM81 billion East Coast Rail Link (ECRL) project due to the sensitivity of the contract.

PUTRAJAYA (Jan 30): The Malaysian government expects to be able to recover the first tranche of funds that have been stolen through 1Malaysia Development Bhd (1MDB) within this year, according to Finance Minister Lim Guan Eng (pictured).