Property market will 'level up': Rehda
KUALA LUMPUR (Oct 17): Sales campaigns and the falling number of available units owing to the “self-discipline” of developers will help improve the local property market, Bloomberg reported today.
Can ministers live with RM1,200 a month? If not, minimum wage hike too little: Wong Chen
KUALA LUMPUR (Oct 16): The implementation of RM1,200 minimum wage a month as proposed in Budget 2020 should be revised higher, unless Cabinet ministers themselves could live with that level of salary, said PKR lawmaker Wong Chen [PH-Subang].
Isa Samad trial: Witness says FIC rejected hotel buy twice but Najib wanted firm to reconsider
KUALA LUMPUR (Oct 16): The High Court here was told that former prime minister Datuk Seri Najib Razak asked Felda Investment Corp Sdn Bhd (FIC) to reconsider the purchase of the Merdeka Palace Hotel & Suites in Kuching, Sarawak, after FIC rejected the proposal twice, because the asset was overpriced.
1MDB audit report tampering: Prosecution to prepare over 40 witness statements
KUALA LUMPUR (Oct 16): The prosecution team in the 1MDB audit report tampering trial involving Datuk Seri Najib Abdul Razak and former 1MDB chief executive officer Arul Kanda Kandasamy is preparing over 40 witnesses for the case, the High Court was told today.
Lebanese jeweller's RM60m suit against Rosmah in limbo as court will only decide on trial day if it will proceed
KUALA LUMPUR (Oct 16): The trial involving Lebanese jeweller Global Royalty SAL's US$14.
Advancecon bags RM50.5m worth of jobs
KUALA LUMPUR: Advancecon Holdings Bhd has bagged two contracts worth a combined value of RM50.
Illegally built homes housing foreigners torn down
KUALA LUMPUR (Oct 16): Double-storey terraced houses illegally constructed and housing foreigners with permanent resident (PR) status have been torn down.
TA Securities upgrades property sector to overweight
KUALA LUMPUR (Oct 16): TA Securities Research has upgraded the property sector to "Overweight" (from Neutral) and said since August 2019, developers' share prices were heavily bashed down amid concerns on rising property overhang and slow property demand due to financing issues.
Metronic board meets to consider Lee Kim Yew's call for special audit today
KUALA LUMPUR (Oct 16): Metronic Global Bhd’s board of directors will meet today to consider a request by its largest shareholder, Tan Sri Lee Kim Yew, for the appointment of an independent team of auditors to conduct a special audit on several corporate exercises undertaken by the company this year.
Ramada by Wyndham Meridin hotel in JB officially opens
JOHOR BAHRU (Oct 16): Mah Sing Group Bhd’s Ramada by Wyndham Meridin hotel here held its grand opening yesterday.
