News about ar

SERENDAH (Sept 3): Transport Minister Anthony Loke Siew Fook said today Malaysia's proposed passenger service charge (PSC) cut for international travellers flying beyond Asean from klia2 and other airports besides the Kuala Lumpur International Airport (KLIA), to RM50 from RM73 is "not temporary" because the Cabinet has decided on the matter.

KUALA LUMPUR (Sept 3): Malaysia will see a more competitive and diversified power generation mix as bidding under the third cycle of the Large-Scale Solar (LSS3) scheme shows that solar-based electricity generation is cheaper than gas-based power production, Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin said today.

KUALA LUMPUR (Sept 3): Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, today received the highest-in-the-country Industrialised Building System (IBS) score of 93.

KUALA LUMPUR (Sep 3): The Selangor state government has decided to withhold the necessary approvals for developers who do not meet its affordable housing quota, in a bid to rein in defiant ones who delay the construction of affordable units in their projects.

KUALA LUMPUR: Malaysia’s two biggest banks, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, said last week they expect Bank Negara Malaysia to cut the overnight policy rate (OPR) by another 25 basis points (bps) by year end, reflecting rising expectations of one.

KUALA LUMPUR (Aug 31): Tesco Stores (M) Sdn Bhd (Tesco Malaysia) is on the hunt for a new local partner for its convenience store (c-store) chain in the country.

KUALA LUMPUR (Aug 31): LBS Bina is eyeing the launch of “properties in the higher price range” and is “confident that there will be demand in this segment”.

With its light blue facade and the Malaysian national flag emblazoned above its main entrance with the words “Since 1888”, Central Market Kuala Lumpur, also known as Pasar Seni, is one of the most successful repurposed heritage buildings in the capital city.

KUALA LUMPUR (Aug 30): Kimlun Corp Bhd's net profit rose 36.

KUALA LUMPUR (Aug 30): The Cabinet had decided yesterday to reduce the passenger service charge (PSC) for international travellers who are flying beyond Asean at klia2 and other airports besides the Kuala Lumpur International Airport (KLIA) by RM23 to RM50 from October.