Government to present white paper on Felda’s critical cash flow problem

KUALA LUMPUR (Aug 10): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said yesterday the government had decided to present a “white paper” in the next session of Dewan Rakyat to expose the real situation of the Federal Land Development Authority (Felda), which is currently facing a critical cash flow problem.

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Gamuda, KPS accept takeover offer for SPLASH

KUALA LUMPUR (Aug 10): Gamuda Bhd and Kumpulan Perangsang Selangor Bhd (KPS) announced yesterday that they have resolved to accept the state government’s offer for Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH), confirming a report by The Edge Financial Daily published on Monday.

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1MDB still owns Air Itam land, says Penang CM

PETALING JAYA (Aug 9): 1Malaysia Development Bhd (1MDB) is still the registered owner of 234 acres of land in Air Itam, Penang, even after it was sold to another company as the transfer of ownership is incomplete, reported the Malay Mail.

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The return of the haze

GEORGE TOWN (August 8): Indonesian farmers have reportedly begun their usual slash-and-burn, resulting in a rise of Air Pollution Index (API) across Malaysia.

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Jagdeep: Abuse of PPR housing privileges

GEORGE TOWN (August 8): There are around 500 tenants in Penang People’s Housing Projects (PPR) flats that have been found to be abusing the low monthly rental of RM124, some even by subletting the units for RM500 a month.

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