Desmond Lim plans takeover of Subang airport, says report
KUALA LUMPUR (May 6): Businessman Tan Sri Desmond Lim has been reported to be planning “a takeover of Subang airport”.
Najib's second SRC trial deferred by nine months to March next year
KUALA LUMPUR (May 6): Datuk Seri Najib Razak's (pictured) second SRC International Sdn Bhd trial for three money laundering charges involving RM27 million, scheduled in July, has been shelved until March next year.
Malaysia's GDP growth could dip to 4% on MCO 3.0, slow vaccination and Covid-19 resurgence — SERC
KUALA LUMPUR (May 6): The latest movement control order (MCO 3.
BNM appoints Abd Rahman Abu Bakar as assistant governor
KUALA LUMPUR (April 30): Bank Negara Malaysia (BNM) has appointed Abd Rahman Abu Bakar (pictured) as assistant governor, effective May 1.
ADB projects Malaysian economy to rebound to 6% in 2021, stabilise at 5.7% in 2022
KUALA LUMPUR (April 28): Malaysia’s economy is projected to rebound to 6% in 2021 and stabilise at about 5.
1MDB asset forfeiture: Lawyer says no evidence linking money in Najib’s AmBank accounts to properties seized from residence
KUALA LUMPUR (April 23): Former prime minister Datuk Seri Najib Razak’s (pictured) lawyer Tania Scivetti said today the prosecution’s asset forfeiture action against Najib must be dismissed because there is no evidence that the seized properties from his residence along Jalan Langgak Duta were linked to alleged 1Malaysia Development Bhd (1MDB)-related money in his AmBank accounts.
Eupe’s 4Q net profit up 15% on higher property margins from northern region projects
KUALA LUMPUR (April 22): Eupe Corp Bhd’s net profit rose 14.
Sime Darby Property plans to unveil Hevea Phase 2, Lyra and Anggun in April and May
PETALING JAYA (April 15): Sime Darby Property Bhd plans to launch Hevea Phase 2 in the City of Elmina, Lyra in Bandar Bukit Raja and Anggun in Bandar Ainsdale between April and May.
SCIB buys loss-making Selangor construction firm to expand biz in Peninsular Malaysia
KUALA LUMPUR (April 14): Sarawak-based Sarawak Consolidated Industries Bhd (SCIB) is acquiring a loss-making construction firm in Seri Kembangan, Selangor for RM4.
Mobilus has launched automated rapid transit system for IMBRT’s pilot programme
KUALA LUMPUR (April 12): Mobilus Sdn Bhd, a joint venture between Ireka Corp Bhd and CRRC Urban Traffic Co Ltd (a member of CRRC Group), has launched the Automated Rapid Transit (ART) System on April 8 at the Iskandar Malaysia Bus Rapid Transit (IMBRT) pilot testing programme launch.
