DONE DEAL: Condominium unit, 10 Mont'Kiara, Kuala Lumpur
Rented for: RM12,000 per month (RM3.
Heavy gaming taxes force Genting boss to take 20% pay cut
KUALA LUMPUR (June 20): Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay (pictured) has reportedly announced he would take a 20% pay cut to offset the effect of heavy gaming taxes which have weighed on the group’s financial performance.
Skytrax names Plaza Premium Lounge top independent airport lounge
KUALA LUMPUR (June 20): Plaza Premium Lounge at London Heathrow Airport’s Terminal 2 has been named the best independent airport lounge in the world at the 2019 Skytrax World Airline Awards ceremony recently.
Najib-SRC trial: First time MoF had to prepare materials on company for Cabinet paper on govt guarantee, says witness
KUALA LUMPUR (June 19): A witness from the Ministry of Finance (MoF) told the High Court here today that for the first time ever, the ministry had to prepare materials on a company to be included in a Cabinet memorandum concerning its application for a government guarantee.
IWCity shares soar on renewed buying interest
KUALA LUMPUR (June 19): Iskandar Waterfront City Bhd (IWCity) shares have come under strong buying interest today.
Putrajaya: No cement price increase
KUALA LUMPUR (June 19): Cement producers will not increase the price of cement, Domestic Trade and Consumer Affairs Minister Saifuddin Nasution announced today, reported Malaysiakini.
Finance minister: Household debt down, banks please lend to new homebuyers
PETALING JAYA (June 19): Malaysia’s Finance Minister Lim Guan Eng wants banks to provide greater access to financing to first-time homebuyers, as well as to small and medium enterprises (SMEs) considering the fact that the country’s household debt as a ratio to gross domestic product (GDP) has fallen to 83% in 2018 from 83.
Brickfields residents unhappy with high rental rates at DBKL carpark complex
KUALA LUMPUR (June 19): Some Brickfields residents are miffed by the way a private company is now running the multi-storey carpark Kompleks Tempat Letak Kereta (TLK) Brickfields.
SRC's board had to comply with PM or go home — Ismee
KUALA LUMPUR (June 18): The board members of SRC International Sdn Bhd would not have been able to remain in their positions if they had refused to follow the instructions of Datuk Seri Najib Razak, said its former chairman Tan Sri Ismee Ismail.
Cement price hike: Government needs to step in, says property developer
SHAH ALAM (June 18): Government intervention is needed to ensure housing affordability in light of the cement price hike, said LBS Bina Group Bhd managing director and MGB Bhd group managing director Tan Sri Lim Hock San.
