Hong Kong: Where you find the planet's most expensive parking space
HONG KONG (Oct 23): This metropolis has been in the news over the past few months owing to the long running protests, riots and violence.
SRC trial: Submissions concluded, decision to acquit or call Najib's defence on Nov 11
KUALA LUMPUR (Oct 23): The prosecution and defence in Datuk Seri Najib Abdul Razak's SRC International Sdn Bhd trial have concluded their submissions at the end of the prosecution stage.
MEF: Minimum wage hike does not address high living cost issue
PETALING JAYA (Oct 23): The Malaysian Employers Federation (MEF) said the government's move to increase the minimum wage in major cities took the organisation by surprise as there was no consultation with the relevant stakeholders.
IHH reportedly in talks to sell two Indian assets
KUALA LUMPUR (Oct 23): IHH Healthcare Bhd is reportedly in talks to sell two of its major assets in India back to their original founder-promoters.
Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.
Further define corporate liability provision in MACC Act: Consultant
KUALA LUMPUR (Oct 23): The new corporate liability provision in the Malaysian Anti-Corruption Commission Act 2009 under Section 17A needs to be further defined, so corporate organisations know exactly how to implement the right procedures and prevent corruption, a risk management consultant said yesterday.
ECRL's Mentakab-Port Klang alignment finalised: Anthony Loke
PORT KLANG (Oct 23): Alignment for the proposed 640km East Coast Rail Link's (ECRL) section C, which links Mentakab in Pahang to Port Klang in Selangor, has been finalised.
TDM's Indonesian ops face sanction, 900ha to halt activities for 3 years
KUALA LUMPUR (Oct 23): TDM Bhd announced yesterday that its subsidiary PT Rafi Kamajaya Abadi (PT RKA) has been sanctioned by the Indonesian government and ordered to stop all plantation activities at some 900ha of its plantation area in Kalimantan, which has been burnt recently.
Human resources ministry tells Utusan to pay outstanding wages, VSS compensation
KUALA LUMPUR (Oct 23): The Ministry of Human Resources has told newspaper publisher Utusan Melayu (M) Bhd — which ceased operations on Oct 9 — and its interim liquidator UHY Advisory (KL) Sdn Bhd, to pay its employees their outstanding wages, as well as compensation for a voluntary separation scheme (VSS) that took place last year.
SRC trial: As then finance minister, Najib cannot say he could not manage own bank accounts — prosecution
KUALA LUMPUR (Oct 23): The prosecution in Datuk Seri Najib Razak’s SRC International Sdn Bhd graft trial involving RM42 million of the company’s funds has shot down the rationale that he could not manage his own bank accounts, given he was also then finance minister in charge of the nation’s finances.
