Malaysia posts 1,745 new Covid-19 cases and seven deaths today
KUALA LUMPUR (March 3): Malaysia posted 1,745 new Covid-19 infections today, the third straight day with less than 2,000 cases but higher than the 1,555 reported yesterday.
Federal Court says Malaysiakini readers’ comments were ‘scurrilous and irreprehensible’
PUTRAJAYA (March 3): The Federal Court, which today released its written judgement on Malaysiakini’s contempt of court case over comments posted by readers, said the comments were “simply scurrilous and irreprehensible”.
Putrajaya settles with Deloitte for RM324m in relation to 1MDB scandal
KUALA LUMPUR (March 3): Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has confirmed that the Malaysian government has agreed to a settlement of US$80 million (RM324 million) with Deloitte PLT in relation to the 1Malaysia Development Bhd (1MDB) scandal.
Paramount sets higher property sales target of RM1b for 2021, sees low interest environment as a boon
KUALA LUMPUR (March 3): The current low interest rate environment bodes well for the property market due to lower borrowing costs, says Paramount Corp Bhd group chief executive officer Jeffrey Chew (pictured).
Covid-19: Country music great Dolly Parton gets vaccinated
Dolly gets a dose of her own medicine.
Kanger International bags RM478m contract to build two blocks of apartments in Genting Highlands
KUALA LUMPUR (March 3): ACE Market-listed Kanger International Bhd's wholly owned unit has bagged a contract to build two blocks of serviced apartments totalling RM478 million in Genting Highlands.
Thailand developers will soon offer real estate-backed digital tokens
BANGKOK (March 3): Since Thailand Securities and Exchange Commission (SEC) approved the trading of real asset tokens this month, a few Thailand developers and real estate firms are mulling the digital fundraising option by launching their own real estate-backed tokens, Bangkok Post reported.
Genting Malaysia’s senior management takes temporary voluntary 20% salary cut, asks staff to consider variation in employment contract based on rank
KUALA LUMPUR (March 3): Genting Malaysia Bhd’s senior management team has taken a temporary voluntary 20% salary cut for three months, and the company has written to staff for them to consider a variation in their employment contract with a suggested variation staggered depending on job grade from 15% to 20% reduction in salary or one day no pay leave per week, according to a letter sighted by The Edge.
DONE DEAL: Terraced house at Persiaran Zaaba, TTDI, Kuala Lumpur
Read also DONE DEAL: Terraced house at Bukit Mandarina, Cheras, Kuala Lumpur DONE DEAL: Townhouse at Tropical Villa, Seri Kembangan, Selangor Persiaran Zaaba is a street located off Jalan Datuk Sulaiman in Taman Tun Dr Ismail (TTDI), Kuala Lumpur.
Advancecon bags RM14.6m ECRL subcontract
KUALA LUMPUR (March 3): Advancecon Holdings Bhd said yesterday it has been appointed a subcontractor for ground treatment works for Section 4 of the East Coast Rail Link (ECRL) project for RM14.
