Zelan seeks RM305m in arbitration against architects
KUALA LUMPUR (March 12): Zelan Bhd has initiated arbitration proceedings against NRY Architects for as much as RM305.
IMF projects Malaysia's GDP growth at 4.7% in 2019, inflation to rise above 2%
KUALA LUMPUR (March 12): The International Monetary Fund (IMF) forecasts Malaysia’s Gross Domestic Product (GDP) to grow at 4.
MACC Act, money laundering law unfair to Najib
PUTRAJAYA (March 12): A lawyer representing former prime minister (PM) Datuk Seri Najib Razak in the SRC International Sdn Bhd case submitted yesterday that a provision in the Malaysian Anti-Corruption Commission Act 2009 (MACC Act) and another in the Anti-Money Laundering, Anti Terrorism Financing and Proceeds from Unlawful Activities Act 2001 (AMLATFPUA) are not fair to his client.
Closely monitor large household debt, IMF tells Malaysia
KUALA LUMPUR (March 12): Malaysia’s financial sector appears resilient with sound profitability and liquidity indicators, as well as low non-performing loans, said the International Monetary Fund (IMF).
Certain China policies are good for Malaysia, says Dr M
KUALA LUMPUR (March 11): Prime Minister Tun Dr Mahathir Mohamad said there are certain policies by the China government that are beneficial to Malaysia.
DBKL to exercise more control of community halls
KUALA LUMPUR (March 11): The Federal Territories Ministry has initiated a move to legalise and standardise all multipurpose and community halls within the Federal Territory for better safety measures.
Olympia gets bungalow in lieu of debt payment from MD's company
KUALA LUMPUR (March 9): Olympia Industries Bhd is getting a four-storey bungalow as payment for most of a RM5.
Public-private partnerships a vital part of National Community Policy
We have read and heard of a number of unfortunate incidents that involve residents of People’s Housing Programme (PPR) schemes.
New law needed to smoothen redevelopment process of old buildings
TANJUNG BUNGAH (March 8): Penang Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo hopes a separate law on urban regeneration could be proposed to the Attorney General’s Chamber (AGC) for consideration to allow for the process to be carried out smoothly.
RM600m Balik Pulau township project does not exist, says mayor
GEORGE TOWN (March 7): The Penang Island City Council (MBPP) said today that the proposed RM600 million GDV township development in Balik Pulau does not exist because no planning permission application has been received from the developer.
