RM6.2b for tolled highways better spent elsewhere, says economist
KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.
Khazanah closing down KLCC office to cut operation costs
PETALING JAYA (Oct 24): Khazanah Nasional Bhd is closing down its office at the Petronas Twin Towers in KLCC to lower overall operational costs, according to a report today in Free Malaysia Today.
Jho Low's lingerie office in London to be sold
LOS ANGELES (Oct 24): The fugitive Low Taek Jho, or Jho Low's office for his luxury lingerie company is to be sold, as part of forfeiture lawsuits related to recovering money misappropriated from the 1Malaysia Development Bhd (1MDB) investment fund.
Special committee to have public consultations on IPCMC
KUALA LUMPUR (Oct 24): Parliament’s special select committee on the consideration of bills will have four public consultation sessions on the Independent Police Complaints and Misconduct Commission (IPCMC).
IGB REIT distributable income up 1.3%, declares 2.31 sen distribution
KUALA LUMPUR (Oct 24): IGB Real Estate Investment Trust (REIT)’s distributable income for the third quarter ended Sept 30, 2019 (3QFY19) rose 1.
1MDB-Tanore Trial Day 25: More on 1MDB’s fund diversion to Good Star
KUALA LUMPUR (Oct 24): It is the 25th day of Datuk Seri Najib Razak’s 1MDB-Tanore trial, with the defence scheduled to continue the cross-examination of the ninth prosecution witness — former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.
Exchange 106: First tenants expected to move in by December
KUALA LUMPUR (Oct 23): The developer of Exchange 106 at Tun Razak Exchange (TRX) expects the first tenants to move in by December this year, reported The Star today.
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.
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.
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.
