Lynas rules out compensation battle with Malaysian govt
KUALA LUMPUR (Oct 21): Australia's Lynas Corp is reportedly resisting making a compensation claim against Malaysian authorities over the matter of costly operating restrictions.
Musa Aman acquitted of five out of 35 corruption charges
KUALA LUMPUR (Oct 18): Former Sabah chief minister Tan Sri Musa Aman has been acquitted of five charges, amounting to about US$13.
How do we prevent bad indoor air quality?
Did you know that the air pollutants found indoors can be two to five times higher compared to the outside air? An exception to this would be during the terrible annual hazy months in Malaysia.
Isa Samad trial: Witness says FIC rejected hotel buy twice but Najib wanted firm to reconsider
KUALA LUMPUR (Oct 16): The High Court here was told that former prime minister Datuk Seri Najib Razak asked Felda Investment Corp Sdn Bhd (FIC) to reconsider the purchase of the Merdeka Palace Hotel & Suites in Kuching, Sarawak, after FIC rejected the proposal twice, because the asset was overpriced.
Illegally built homes housing foreigners torn down
KUALA LUMPUR (Oct 16): Double-storey terraced houses illegally constructed and housing foreigners with permanent resident (PR) status have been torn down.
G3 says yet to receive decision from TPM on bid for land to develop AI park
KUALA LUMPUR (Oct 14): G3 Global Bhd said it has submitted a tender offer to Technology Park Malaysia for the development of a piece of land there, but has yet to receive any official decision on the matter.
PAM commends the initiatives proposed, but notes room for improvement
PETALING JAYA (Oct 11): The Malaysian Institute of Architects (PAM) is looking forward to the many new or revived development projects announced in Budget 2020 such the ECRL, Bandar Malaysia township, upgrading of airports, and Carey Island development to make Port Klang maritime centre and cargo logistics hub.
Isa Samad's trial: Ex-Felda DG gives conflicting testimony on whether board approved Kuching hotel purchase
KUALA LUMPUR (Oct 9): Former Federal Land Development Authority (Felda) director-general Datuk Hanapi Suhada appeared to give conflicting testimony today on the question of whether or not approval was given by the Felda board for Felda Investment Corporation Sdn Bhd (FIC) to purchase Merdeka Palace Hotel and Suites in Kuching for RM160 million.
China's 'golden week': Property sales plunge in major cities, says report
KUALA LUMPUR (Oct 8): There has been nothing glittering in China's property market as sales in major cities of the Middle Kingdom experienced "one of their worst 'golden week' holidays in years", reported the South China Morning Post (SCMP) today.
FIC gets RM100m advance from Felda for Kuching hotel purchase
KUALA LUMPUR (Oct 8): Felda Investment Corp Sdn Bhd (FIC) sought to borrow RM100 million from parent Federal Land Development Authority (Felda) in late 2014 to finance the purchase of the Merdeka Palace Hotel and Suites in Kuching, says former Felda finance director Mohd Shahrin Mohd Ali.
