Household debt still 'elevated' at 82% of GDP, driven by residential property loans
KUALA LUMPUR (Sept 18) : The country’s household debt level remains high at an “elevated” 82.
Ambank seeks to sell Seacera property to recoup RM18.3m loan
KUALA LUMPUR (Sept 19): Ambank Islamic Bhd is seeking a public auction of a property in Penang belonging to Seacera Group Bhd over a sum of RM18.
'Above affordably priced unsold property units pile up'
KUALA LUMPUR (Sept 19): Total unsold units continue to rise for residential properties priced above the maximum affordable house prices in individual states, according to Bank Negara Malaysia’s (BNM) Financial Stability Review for the first half of 2019 (1H19).
Ku Nan wants judge to recuse himself from RM1m graft case
KUALA LUMPUR (Sept 19): Former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor (pictured) has filed an application requesting High Court judge Mohd Nazlan Mohd Ghazali to recuse himself from hearing the former's RM1 million graft case scheduled today.
LBU urges continuation of PDP model for Pan Borneo Highway
KUALA LUMPUR (Sept 19): Lebuhraya Borneo Utara Sdn Bhd (LBU), the project delivery partner (PDP) for the Sarawak portion of the Pan-Borneo highway, is hoping that the infrastructure project can be completed using the PDP model.
MAHB: Three Firefly flights cancelled due to haze
KUALA LUMPUR (Sept 19): Malaysia Airports Holdings Bhd (MAHB) said today three Firefly flights from Selangor's Sultan Abdul Aziz Shah Airport to Seletar Airport in Singapore were cancelled this morning due to the haze at Seletar.
1MDB-Tanore Trial Day 10: New prosecution witness may be called
KUALA LUMPUR (Sept 19): The 1Malaysia Development Bhd (1MDB) or Tanore trial involving Datuj Seri Najib Razak at the High Court here may see a new prosecution witness being called today, if the defence finishes the cross examination of Datuk Amhari Efendi Nazaruddin and the prosecution concludes his re-examination.
Atrium REIT to raise RM999m via MTN programme for Penang properties
KUALA LUMPUR (Sept 19): Atrium Real Estate Investment Trust plans to raise up to RM999 million by establishing a medium-term note (MTN) programme to part-finance the purchase of properties in Penang.
1MDB-Tanore trial: Prosecution witness accused of concealing Jho Low's misrepresentation
KUALA LUMPUR (Sept 18): Prosecution witness Datuk Amhari Efendi Nazaruddin (pictured) was accused of hiding the fact that fugitive businessman Low Taek Jho misrepresented himself as adviser of the Terengganu royalty.
