Najib says he sacked ministers for revealing state secrets, not over SRC, 1MDB rows

KUALA LUMPUR (Feb 3): Former prime minister Datuk Seri Najib Razak said he did not sack Tan Sri Muhyiddin Yassin and Datuk Seri Shafie Apdal due to their opposition to how the issues surrounding SRC International Sdn Bhd and its former parent company 1Malaysia Development Bhd (1MDB) were handled, but rather because they were in violation of state secrets laws.

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Lendlease upbeat on demand for TRX residential units

KUALA LUMPUR (Feb 3): Although the Malaysian property market is experiencing slow recovery due to oversupply, Australian-based infrastructure and property group Lendlease Group is confident there will be demand for its ‘value-proposition’ residential tower in the upcoming financial district here, the Tun Razak Exchange (TRX).

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Tourism-linked stocks hit hard by Wuhan virus

KUALA LUMPUR (Feb 3): To say Malaysia’s much anticipated Visit Malaysia Year 2020 (VMY2020) is not off to a good start is probably an understatement, what with the severe blow dealt to the tourism industry by the Wuhan virus, now a global health emergency that has caused the death of over 300 and infected over 14,000 worldwide since the start of the outbreak at end-December.

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