Japan's Fujitsu to reduce office space by 50% over the next 3 years
KUALA LUMPUR (July 7): Fujitsu Ltd has announced plans to slash office space in Japan by 50% over the next three years, Bloomberg reported yesterday.
Will another OPR cut be of much help?
KUALA LUMPUR (July 7): Will the overnight policy rate (OPR) dip below 2%? Both households and business owners are waiting to see if Bank Negara Malaysia at its Monetary Policy Committee meeting today will trim OPR further to stimulate growth in current economic trying times.
Jho Low’s Viceroy L’Ermitage Beverly Hills hotel goes on sale: Report
KUALA LUMPUR (July 7): Fugitive businessman Jho Low’s Viceroy L’Ermitage Beverly Hills is being auctioned off north of US$100 million, with proceeds to be split between the governments of Malaysia and the United States.
Tokyo One Piece Tower Attraction closes down on July 31
TOKYO (July 6): The famous Tokyo One Piece Tower theme park attraction, which located in Tokyo Tower, will close permanently by end of the month as the business was badly hit by the Covid-19 pandemic, according to Oriental Daily report.
The first Drive-in cinema coming to Malaysia
PETALING JAYA (July 6): Malaysian will soon have the opportunity to watch a movie in the country’s first ever drive-in cinema, according to the China Press report.
Malaysia-Singapore border reopening needs comprehensive resolution - Ismail Sabri
PUTRAJAYA (July 6): The discussion on the reopening of the border between Malaysia and Singapore needs to be resolved comprehensively, taking into account all Malaysians traveling back and forth or staying in the republic, says Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.
Tasek Gelugor MP Shabudin Yahaya is now deputy minister in PM's Dept
KUALA LUMPUR (July 6): Tasek Gelugor Member of Parliament (MP) Datuk Shabudin Yahaya (pictured) has been made a deputy minister in the Prime Minister's Department, in charge of Parliament and law.
Federal Court grants Country Garden leave to appeal against compensation
PETALING JAYA (July 6): Country Garden Danga Bay Sdn Bhd (CGDB) has obtained leave from the Federal Court to appeal against the decision of the Court of Appeal’s dismissal of its judicial review to quash the award given by the Johor Bahru Tribunal for Homebuyer Claims to a Singaporean house buyer.
IRB obtains summary judgment in RM37.6m tax case against Najib's son
KUALA LUMPUR (July 6): The High Court has allowed an application for summary judgment by the Inland Revenue Board (IRB) in its lawsuit against former prime minister Datuk Seri Najib Razak’s son, Datuk Mohd Nazifuddin.
MPSJ takes legal action on maintenance fee defaulters
PETALING JAYA (July 6): Subang Jaya Municipal Council (MPSJ) has become the first local authority in Malaysia that took legal action using the Strata Management Act 2013 against maintenance fee defaulters.
