Goldman Sachs could be liable for US$5b in 1MDB scandal — report
KUALA LUMPUR (Jan 11): Goldman Sachs may be on the hook for as much as US$5 billion (about RM20.
China Vanke’s first project to be launched this year with an estimated RM5b GDV
KUALA LUMPUR (Jan 11): China Vanke Co Ltd, the China’s second-largest developer by sales, is eyeing the launch of its first mixed development in Malaysia this year with an estimated GDV of RM5 billion.
Govt officer caught soliciting bribes by MACC with aid of contractor
PUTRAJAYA (Jan 11): After paying several bribes that were demanded, after a period of four years, one contractor had had enough and reported the matter to the MACC and proceeded to help them nab the officer.
TNB secures RM144m financing for second large-scale solar project
KUALA LUMPUR (Jan 11): Tenaga Nasional Bhd (TNB) has secured RM144 million financing for its second large-scale solar (LSS) project in Malaysia.
WATCH: Johor Sultan personally drives Dr M to airport in vintage Proton Saga
PETALING JAYA (Jan 10): Here's something you don't get to see every day – Johor's Sultan Ibrahim Sultan Iskandar driving Prime Minister Tun Dr Mahathir Mohamad to the Senai International Airport in a first-generation Proton Saga.
FT minister: No change in closing time for entertainment outlets
KUALA LUMPUR (Jan 10): The shutting down time for night entertainment outlets for the city remains unchanged, Federal Territories Minister Khalid Samad (pictured) said today.
We will find Jho Low, says Dr M
PUTRAJAYA (Jan 10): The government has been unable to find fugitive financier Low Taek Jho, also known as Jho Low, so far, but is confident of locating him by stepping up its search efforts, Tun Dr Mahathir Mohamad said today.
S P Setia: Penang land buy from Boustead Plantations should be GST exempted
KUALA LUMPUR (Jan 10): S P Setia Bhd said its wholly-owned subsidiary Setia Fontaines Sdn Bhd has been advised by solicitors that the latter's acquisition of five adjoining parcels of freehold land in Penang from Boustead Plantations Bhd should be exempted from the goods and services tax (GST), based on Malaysia's tax laws.
0% interest on first RM100,000 of housing loans for bank employees
KUALA LUMPUR (Jan 10): Some 20,000 bank employees consisting of clerical and non-clerical categories from 20 banks will enjoy 0% interest on their housing loans for the first RM100,000.
KPKT to “rebrand” money lending licence to curb Ah Long problem
PETALING JAYA (Jan 10): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the ministry is working on “rebranding” the money lending licence to encourage public to borrow from legitimate money lenders instead of 'Ah Long' (loan sharks or illegal money lenders).
