Putrajaya: RM1,000 psf is final and best offer for Kg Baru land
KUALA LUMPUR (Oct 24): The government has announced that its final and best offer to buy Kampung Baru land is RM1,000 psf, with RM150 psf being in the form of shares, say reports today.
RM6.2b for tolled highways better spent elsewhere, says economist
KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.
BNM affordable home fund has helped 1,100 buyers to date
KUALA LUMPUR (Oct 24): The RM1 billion Bank Negara Malaysia Fund for Affordable Housing has subsidised 1,100 home purchasers as at September, according to the central bank's director of financial surveillance Qaiser Iskandar Anwarudin.
UEM Sunrise eyes year-end launch for Kiara Bay phase 1
KUALA LUMPUR (Oct 24): UEM Sunrise Bhd today unveiled the master plan of its Kiara Bay development in Kepong, Kuala Lumpur with a GDV of RM15 billion.
Exchange 106: First tenants expected to move in by December
KUALA LUMPUR (Oct 23): The developer of Exchange 106 at Tun Razak Exchange (TRX) expects the first tenants to move in by December this year, reported The Star today.
MEF: Minimum wage hike does not address high living cost issue
PETALING JAYA (Oct 23): The Malaysian Employers Federation (MEF) said the government's move to increase the minimum wage in major cities took the organisation by surprise as there was no consultation with the relevant stakeholders.
TDM's Indonesian ops face sanction, 900ha to halt activities for 3 years
KUALA LUMPUR (Oct 23): TDM Bhd announced yesterday that its subsidiary PT Rafi Kamajaya Abadi (PT RKA) has been sanctioned by the Indonesian government and ordered to stop all plantation activities at some 900ha of its plantation area in Kalimantan, which has been burnt recently.
Human resources ministry tells Utusan to pay outstanding wages, VSS compensation
KUALA LUMPUR (Oct 23): The Ministry of Human Resources has told newspaper publisher Utusan Melayu (M) Bhd — which ceased operations on Oct 9 — and its interim liquidator UHY Advisory (KL) Sdn Bhd, to pay its employees their outstanding wages, as well as compensation for a voluntary separation scheme (VSS) that took place last year.
SRC trial: Najib cannot be charged with money laundering as predicate offence has not been proven, says defence
KUALA LUMPUR (Oct 23): The defence in Datuk Seri Najib Razak’s RM42 million SRC International Sdn Bhd trial has argued that the former premier cannot be charged with money laundering, as the predicate offences — criminal breach of trust (CBT) and abuse of power — have not been proven.
