Motion to annul Emergency Ordinances postponed to next session of Parliament
KUALA LUMPUR (Oct 12): The motion to annul the Emergency Ordinances in the Dewan Rakyat on Tuesday (Oct 12) has been postponed to the next meeting.
Dewan Rakyat passes second reading of bill to raise statutory debt limit to 65%
KUALA LUMPUR (Oct 11): The Dewan Rakyat on Monday passed the second reading of the government’s bill to increase the statutory debt limit to 65% of gross domestic product (GDP) from 60% previously.
LBS unveils Prestige Residence in Seri Kembangan
PETALING JAYA (Oct 11): Property Developer LBS Bina Group Bhd has unveiled Prestige Residence with a gross development value of RM301 million in Seri Kembangan, Selangor.
Govt tables bill to raise debt limit
KUALA LUMPUR (Oct 11): The government on Monday tabled the Temporary Measures for Government Financing (Coronavirus Disease 2019) Amendment Act 2021 Bill to increase the federal government’s statutory debt limit from 60% to 65% of gross domestic product (GDP).
Genting subsidiary Resorts World Las Vegas to deduct back taxes on employees’ tips after 'system error'
KUALA LUMPUR (Oct 11): Genting Bhd’s 100%-owned subsidiary Resorts World Las Vegas LLC said the latter has taken steps to remedy an inadvertent "system error" that resulted in the under-withholding or deduction of taxes on tips received by some employees and that the amounts that should have been deducted will be withheld over the remaining pay periods in 2021.
Govt to incentivise other growing areas of solar industry in Budget 2022 — Solarvest CEO
KUALA LUMPUR (Oct 11): Ahead of the Budget 2022 announcement later this month, Solarvest Holdings Bhd opined that there will be no more incentives being planned by the government for the current solar industry, according to group chief executive officer (CEO) Davis Chong Chun Shiong.
PM: Interstate travel, overseas travel allowed from Oct 11
KUALA LUMPUR (Oct 10): Interstate travel will be allowed for all fully vaccinated Malaysians between any states from Monday (Oct 11), said Prime Minister Datuk Seri Ismail Sabri Yaakob in a special televised address.
Aspen Group files defence, counterclaim against Penang Development Corp suit
KUALA LUMPUR (Oct 8): Aspen (Group) Holdings Ltd subsidiaries Aspen Vision Land Sdn Bhd (AVL) and Aspen Vision City Sdn Bhd (AVC) have filed a defence and RM161.
Property developer Paragrene Land to float on Main Market
KUALA LUMPUR (Oct 8): Property developer Paragrene Land Bhd is to float on the Main Market of Bursa Malaysia, with the funds raised from the exercise to be used to pay for project development expenses.
Dynaciate to acquire 8-acre industrial land in Serendah for RM10m
KUALA LUMPUR (Oct 7): Dynaciate Group Bhd is acquiring an 8-acre piece of industrial land in Serendah, Selangor, from Brem Holdings Bhd for RM10.
