Manhattan penthouse bought with stolen 1MDB fund up in the market
KUALA LUMPUR (June 26): A penthouse in Manhattan’s Walker Tower, USA, allegedly purchased with money funnelled from 1Malaysia Development Bhd (1MDB), will be put up for sale.
Two alleged 1MDB co-conspirators sent to jail in Abu Dhabi
KUALA LUMPUR (June 17): Two men linked to the 1Malaysia Development Bhd (1MDB) kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, The Wall Street Journal reported yesterday, citing a statement from the emirate’s criminal court.
Perak Tourism Association wants former Majestic Station Hotel restored
IPOH (June 8): The Perak Tourism Association (PTA) has called on the authorities to “restore the former Majestic Station Hotel at the Ipoh Railway Station to its former glory”, reported The Star today.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
Spending on air treatment products spikes in Malaysia, Singapore and Thailand
SINGAPORE (May 28): Market research institute GfK’s Point of Sales tracking has found that consumers across three Southeast Asian (SEA) countries including Malaysia bought more air treatment products in the first quarter of this year (1Q 2019) than a year ago.
Mida sets up dedicated team to promote development along ECRL project
KUALA LUMPUR (May 16): The Malaysian Investment Development Authority (Mida) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the East Coast Rail Link (ECRL) project.
趋势：NAPIC：房市料在今年回稳
根据估值与产业服务部旗下国家产业资料中心（NAPIC）资讯，大马房市的整体成交量和总值在2018年走高，显示出市场已在去年逐步改善，走势预料今年将回稳。 最新录得的房产成交量和价值也显示，今年首季的市场活动比去年同期来的活跃。其中，今年首季的成交量按年扬6.
Tower REIT offers co-working and co-living spaces
KUALA LUMPUR (May 4): Tower Real Estate Investment Trust is “reinventing” itself via co-working and co-living spaces, reported The Edge Malaysia recently.
Jho Low stresses return of jewellery not admission of wrongdoing
KUALA LUMPUR (May 2): Fugitive businessperson Low Taek Jho, also known as Jho Low, has stressed that the surrender of jewellery belonging to his mother, Evelyn Goh, does not amount to an admission of wrongdoing.
