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KUALA LUMPUR (Oct 30): Compulsory acquisition cannot be applied to Kampung Baru land, said Opposition Leader Ismail Sabri Yaakob, based on the Land Acquisition Act.

PETALING JAYA (Oct 30): The Institute for Democracy and Economic Affairs (IDEAS) has suggested to developers that they can try renting out unsold homes since there is a property overhang situation, reported Free Malaysia Today (FMT).

PETALING JAYA (Oct 30): Petaling Jaya City Council (MBPJ) wants the property owner of a piece of land in Section 16 impacted by landslip to fix the problem.

PUTRAJAYA (Oct 30): Sustainable Energy Development Authority (Seda) has introduced a peer-to-peer (P2P) energy trading programme to encourage more Malaysians to use renewable energy such as solar power, theSundaily reported yesterday.

Sold for: RM8.

KUALA LUMPUR (Oct 30): Ninety per cent of Malaysians are looking to emigrate for better career opportunities and work-life balance, according to Randstad’s latest survey.

PETALING JAYA (Oct 30): Oriental Fastech Manufacturing Sdn Bhd (OFM) yesterday accepted the letter of offer to acquire Penang Science Park from Penang Development Corp (PDC) for RM24.

KUALA LUMPUR (Oct 30): The government will have to forked out RM13.

KUALA LUMPUR (Oct 30): The diversion of US$700 million to Good Star Ltd — a company linked to fugitive businessman Low Taek Jho — instead of the joint venture company set up between 1 Malaysia Development Bhd (1MDB) and PetroSaudi International Ltd (PSI), was apparently known to former prime minister Datuk Seri Najib Abdul Razak, said a former 1MDB chief executive.

KUALA LUMPUR (Oct 29): Nobody on the board of 1Malaysia Development Bhd (1MDB) attempted to verify the ownership of Good Star Ltd after US$700 million was transferred into its accounts, instead of those of its purported parent PetroSaudi International Ltd (PSI), in September 2009.