News about TM

KUALA LUMPUR (Jan 9): Kejuruteraan Asastera Bhd (KAB) has secured a RM19 million contract to provide electrical services to the Trion @ KL serviced apartment and hotel project at the intersection of Jalan Sungai Besi and Jalan Dua here.

IPOH (Jan 7): Twenty-six people in Perak had to pay for their bad habits when they were caught lighting up at eateries by state Health Department enforcement personnel on Jan 1, the first day of the smoking ban.

KUALA LUMPUR (Jan 3): Puncak Niaga Holdings Bhd has filed a judicial review application against the Royal Malaysian Customs Department's demand for goods and services tax payments totalling RM5.

KUALA LUMPUR (Dec 31): Hiap Huat Holdings Bhd is buying 4.

KUALA LUMPUR (Dec 30): TA Securities Holdings Bhd said today Malaysia's corporate actions in 2020 may include the privatisation of Tiong Nam Logistics Holdings Bhd by major shareholders based on the company's financial position, future cash requirement besides share price and public shareholding spread.

KUALA LUMPUR (Dec 30): Based on a Budget 2019 announcement, a 6% service tax would be imposed on foreign digital services effective Jan 1, 2020.

PETALING JAYA (Dec 27): Following backlash over the announcement that the Critical Services Incentive Payment (BIPK) would be abolished, the Public Service Department (JPA) released a statement yesterday, saying that the BIPK or critical allowance was implemented as a temporary measure that could be abolished if it was determined to no longer be relevant, or to no longer fulfil particular criteria.

KUALA LUMPUR (Dec 25): The Public Service Department (PSD) has explained that the Critical Service Incentive Payment (BIPK) for civil servants is not permanent, is designed to be needs-based and reviewed every five years.

KUALA LUMPUR (Dec 25): The government will not be providing "critical service incentive" to doctors, nurses, engineers and other professionals entering the civil service starting from next year, the Public Service Department (PSD) announced in a circular on Dec 20.

KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.