RAM expects inflation to rise to 0.9% in September due to SST
KUALA LUMPUR (Oct 25): RAM Rating Services Bhd expects Malaysia’s headline inflation rate to pick up slightly to 0.
Najib, Irwan faces 6 CBT charges for misappropriation of RM6.64b govt funds
KUALA LUMPUR (Oct 25): Charge sheets show that former prime minister Datuk Seri Najib Razak (pictured) and former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah will be slapped with six counts of criminal breach of trust (CBT) for misappropriation of some RM6.
IGB REIT net property income inches up 2.4% in 3Q on higher rental income
KUALA LUMPUR (Oct 25): IGB Real Estate Investment Trust’s (REIT) net property income (NPI) rose a marginal 2.
RBC: Australian house prices could fall 15% if government changes
Due to policy proposals by opposition Labor party, who are currently set to win government, Australia is likely to weaker property prices and diminished productivity, says the Royal Bank of Canada.
Selangor Properties seeks trade suspension, pending announcement
KUALA LUMPUR (Oct 25): Selangor Properties Bhd has requested that trading of the company’s shares be suspended today, pending the release of a material announcement.
RM6b misused to settle 1MDB debts
KUALA LUMPUR (Oct 25): The Malaysian Anti-Corruption Commission (MACC) has confirmed that former prime minister Datuk Seri Najib Razak and ex-treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah will be charged today with committing criminal breach of trust (CBT), with sources saying the offences include alleged misappropriation of RM6 billion that was used to settle 1Malaysia Development Bhd’s (1MDB) debts.
Mall unit owners brace for showdown with JMB, says report
PETALING JAYA (Oct 24): A showdown is on the cards between unit owners of the Galaxy Ampang Mall (pictured) and current joint management body (JMB) members at the general meeting (AGM) tomorrow, reported the news portal Free Malaysia Today (FMT) today.
Irwan Serigar arrives at MACC for questioning on 1MDB
PUTRAJAYA (Oct 24): Former treasury secretary general Tan Sri Mohd Irwan Serigar Abdullah has arrived at the Malaysian Anti-Corruption Commission (MACC) for questioning over dealings between troubled state-owned fund 1MDB and Abu Dhabi’s sovereign wealth fund International Petroleum Investment Co (IPIC).
Bring back Home Ownership Campaign from '98-'99, says developer
KUALA LUMPUR (Oct 24): Glomac Bhd CEO and managing director Datuk Seri FD Iskandar has proposed that the government reintroduce the Home Ownership Campaign from two decades ago next year to reduce the number of overhang properties.
