PRG to subscribe for shares in Capital World
KUALA LUMPUR (Dec 22): PRG Holdings Bhd has agreed to subscribe for shares in Singapore-listed Capital World Ltd, which is primarily involved in property development in Malaysia.
14 SMRT employees injured by falling tree in Sembawang Park
SINGAPORE (Dec 20): A falling tree at Sembawang Park caused the roof of a pavilion to crash on a private Christmas party, injuring 14 SMRT employees.
Monetary Authority of Singapore bans Tim Leissner for life
KUALA LUMPUR (Dec 19): The Monetary Authority of Singapore (MAS) announced today that it has increased the ban against Tim Leissner to a lifetime prohibition order (PO) following Leissner’s admission to 1Malaysia Development Bhd (1MDB)-related criminal charges brought against him by the US Department of Justice (US DOJ).
Genting Malaysia rises 6.71% on theme park optimism
KUALA LUMPUR (Dec 19): Genting Malaysia Bhd shares rose 6.
Singapore: Changing wind direction necessitates northerly flight path to Seletar Airport
KUALA LUMPUR (Dec 13): The northerly flight path for Singapore's Seletar Airport that is disputed by Malaysia is necessary, says Singapore, because wind blows from different directions in this region in the first and second half of the year.
Hishammuddin: Malaysia must stand its ground in dispute with Singapore
KUALA LUMPUR (Dec 12): Former defence minister Datuk Seri Hishammuddin Hussein has called on Putrajaya to “stand its ground and prepare to physically defend Malaysia’s territory and sovereignty” against Singapore, The Malay Mail reported today.
Singapore: Correspondence release in Seletar flight path dispute was to address media queries
KUALA LUMPUR (Dec 11): In response to Malaysia's charge that it selectively published documents relating to its disputed Instrument Landing System procedures for Seletar Airport, Singapore's Ministry of Transport says the correspondence it released was to address media queries whether The Civil Aviation Authority of Singapore (CAAS) had consulted its Malaysian counterparts in December last year.
Singapore 'encouraged' by Malaysia's undertaking to cool tensions over JB Port issue
KUALA LUMPUR (Dec 11): Singapore said yesterday that it is "encouraged" by Malaysia's undertaking that it would take all effective measures to de-escalate the situation on the ground over Johor Bahru Port's (pictured) limits, and handle the situation in a calm and peaceful manner.
Singapore extends port limits off Tuas, overlaps JB Port limits
KUALA LUMPUR (Dec 6): Singapore government has extended its Port Limits off Tuas today, which overlapped the area covered by recent Johor Bahru Port Limits extension.
Gamuda looks overseas as local projects not enough to achieve targeted growth
SHAH ALAM (Dec 6): Gamuda Bhd said it is considering more overseas projects in order to maintain the pace of growth it has been achieving over the past decade, with compounded annual growth rate (CAGR) of 15% annually in terms of revenue and profit.
