Ex-Goldman banker Roger Ng asks to be extradited after agreeing to DoJ bail terms
KUALA LUMPUR (Feb 15): Former Goldman Sachs banker Roger Ng Chong Hwa (pictured), who is facing charges linked to 1Malaysia Development Bhd (1MDB) in the US and Malaysia, has decided not to challenge the US Department of Justice's (DoJ) application for him to be extradited to the US.
Jalan TAR traders object to road closure
KUALA LUMPUR (Feb 14): Most of the traders on Jalan Tuanku Abdul Rahman (TAR) have voiced objection to the plan by Kuala Lumpur City Hall (DBKL) to close a 1km stretch to private vehicles on the street, one of the oldest shopping districts in the city.
Francis Yeoh promoted to chairman of YTL Hospitality REIT
KUALA LUMPUR (Feb 14): Tan Sri Dr Francis Yeoh Sock Ping (pictured) has been promoted to executive chairman of YTL Hospitality Real Estate Investment Trust (REIT), from being chief executive officer (CEO) previously.
Jenjarom's mega plastic waste problem gets the BBC’s attention
PETALING JAYA (Feb 14): The British Broadcasting Corporation (BBC) yesterday reported on a story about the plastic waste scourge which descended upon the Kuala Langat district of Selangor, especially the town of Jenjarom.
MCT announces Teh Heng Chong's appointment as CEO
KUALA LUPUR (Feb 14): MCT Bhd announced today Teh Heng Chong's appointment as chief executive officer and executive director, effective March 4, 2019.
MRCB: LRT3 works to resume in 2H2019
KUALA LUMPUR (Feb 14): Malaysian Resources Corp Bhd (MRCB) said the works for Light Rail Transit 3 (LRT3) will resume in the second half of 2019 (2H2019), after progress had been stalled for about a year amid the government's move to reduce the cost of the project.
Double the opulence with The Luxe by Infinitum
Property investors looking for high-end apartments in Kuala Lumpur city that won’t break the bank should look no further than The Luxe by Infinitum, the latest classy offering of dual-key units by Macly Equity Sdn Bhd, a joint venture between two eminent Singaporean developers Macly Group and RoxyPacific.
PM says EAC not set up earlier as Pakatan was busy
PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad (pic) said the government could have set up the Economic Action Council (EAC) earlier but Pakatan Harapan was busy dealing with legacy issues left over by the previous administration.
Penang CM refutes claim that Pan Island Link highway cost has escalated
KUALA LUMPUR (Feb 13): Penang Chief Minister Chow Kon Yeow has strongly refuted claims that the cost of the state's proposed Pan Island Link 1 (PIL 1) highway has further escalated to an exorbitantly priced figure of RM9 billion as claimed.