Abdul Rashid is Cahya Mata Sarawak's new chairman
KUALA LUMPUR (Sept 26): Cahya Mata Sarawak Bhd (CMSB) has appointed Tan Sri Abdul Rashid Abdul Manaf as its independent and non-executive group chairman effective Oct 1.
Jalan Bangsar flood mitigation project delays
PETALING JAYA (September 26): A stalled flood mitigation project located along Jalan Bangsar is causing trouble for business owners in the area.
Najib summoned by PAC to explain missing GST refunds
KUALA LUMPUR (Sept 26): Embattled former prime minister Datuk Seri Najib Razak (pictured) has been summoned by Parliament’s Public Accounts Committee (PAC) to explain “missing” goods and services tax refunds amounting to RM19.
Rosmah likely to be charged this week
KUALA LUMPUR (September 26): Datin Seri Rosmah Mansor has been summoned by the Malaysian Anti-Corruption Commission (MACC) again, and may also face criminal charges alongside her husband, embattled former prime minister Datuk Seri Najib Razak, for her involvement in the case of SRC International Sdn Bhd — a former subsidiary of 1Malaysia Development Bhd (1MDB).
MPAJ: Ukay ramp to open despite protests
PETALING JAYA (September 25): An access ramp that goes through the residential neighbourhood of Taman Ukay Bistari in Ampang will be opened despite protests.
Rehda: 2019 property price turnaround unlikely
KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.
‘The sun is setting on my time in CIMB’
KUALA LUMPUR (September 25): In an Instagram post yesterday, with a picture of himself and the setting sun as the background, Datuk Seri Nazir Razak wrote that “the sun is setting on my time in CIMB”, as he revealed he would be stepping down as chairman of CIMB Group by Dec 31.
Bina Puri cautious on FY18 construction biz outlook
KUALA LUMPUR (Sept 24): Bina Puri Holdings Bhd said it is cautious on the performance of its core construction business for the remaining months of its financial year ending Dec 31, 2018 (FY18), following the slew of changes to projects after the 14th general election (GE14).
Lim Guan Eng: Reduce house prices or govt will review SST waiver
KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.
It is confirmed, no cable car for Bukit Larut
IPOH (Sept 24): Talk resurfaced recently about the construction of a cable car service at the popular Bukit Larut, Perak but a state government official has reconfirmed that there are currently no plans for such a project.
