TA Global defers project launches to next year
KUALA LUMPUR (June 27): TA Global Bhd will hold back the launch of three of its Kuala Lumpur projects this year due to the challenging market environment.
MBSB still has RM1b conventional assets to be converted
KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.
T7 Global surges after ECRL ‘gets a reprieve’
KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.
KTMB's RM6bn projects delayed on protracted tender process
KAJANG (June 25): Keretapi Tanah Melayu Bhd's (KTMB) RM6 billion property development projects planned on three parcels of land at the Klang, Shah Alam and Bangi KTM stations were delayed due to the longer-than-expected tendering process between KTMB and Railway Assets Corp (RAC), said KTMB CEO Mohd Rani Hisham Samsudin.
Govt orders DBKL to suspend advisory board meetings
PETALING JAYA (June 25): The Federal Government has ordered Dewan Bandaraya Kuala Lumpur (DBKL) to suspend meetings with its advisory board indefinitely, reported The Star.
No need for ECRL, just revive Gemas-Tumpat line — ex-KTMB CEO
KUALA LUMPUR (June 25): Prime Minister Tun Dr Mahathir Mohamad has said there are grounds to renegotiate or scale down the RM55 billion East Coast Rail Link (ECRL) project, which is currently under review.
Nor Shamsiah promises to maintain monetary and financial stability as BNM Governor
PUTRAJAYA (June 22): Datuk Nor Shamsiah Mohd Yunus (pictured) has promised to maintain the country's monetary and financial stability upon assuming office as Bank Negara Malaysia Governor on July 1 this year.
Finance Minister: Bank Negara to continue operating as an independent body
KUALA LUMPUR (June 22): The country’s central bank will continue to act as an independent entity based on the rules set out in the legislation, Bernama reported Finance Minister Lim Guan Eng as saying today.
Penang Forum: Review state Transport Master Plan
KUALA LUMPUR (June 22): The Penang Forum has called for a fresh review of the state’s Transport Master Plan (PTMP) by an international body.
Zeti: Nor Shamsiah's appointment as BNM Governor demonstrates respect for institution
KUALA LUMPUR (June 22): Council of Eminent Persons member Tan Sri Dr Zeti Akhtar Aziz (pictured) said today the Malaysian Government's decision to appoint Datuk Nor Shamsiah Mohd Yunus as the new Bank Negara Malaysia (BNM) Governor is a demonstration of respect for the central banking institution.
