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SERENDAH (Sept 3): Transport Minister Anthony Loke Siew Fook said today Malaysia's proposed passenger service charge (PSC) cut for international travellers flying beyond Asean from klia2 and other airports besides the Kuala Lumpur International Airport (KLIA), to RM50 from RM73 is "not temporary" because the Cabinet has decided on the matter.

KUALA LUMPUR (Sept 3): Malaysia will see a more competitive and diversified power generation mix as bidding under the third cycle of the Large-Scale Solar (LSS3) scheme shows that solar-based electricity generation is cheaper than gas-based power production, Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin said today.

KUALA LUMPUR (Sept 3): Setia Precast Sdn Bhd, a wholly-owned subsidiary of S P Setia Bhd, today received the highest-in-the-country Industrialised Building System (IBS) score of 93.

KUALA LUMPUR: Malaysia’s two biggest banks, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, said last week they expect Bank Negara Malaysia to cut the overnight policy rate (OPR) by another 25 basis points (bps) by year end, reflecting rising expectations of one.

  GEORGE TOWN (Sept 2): Mount Erskine residents homes will be affected by the proposed RM30mil underground tunnel project from the middle of Mount Erskine Road to Adventist Hospital in Burmah Road, and they want the project to be cancelled.

KUALA LUMPUR (Aug 31): Tesco Stores (M) Sdn Bhd (Tesco Malaysia) is on the hunt for a new local partner for its convenience store (c-store) chain in the country.

KUALA LUMPUR (Aug 31): Sunway Group is planning to invest up to RM2.

KUALA LUMPUR (Aug 31): Ahmad Zaki Resources Bhd (AZRB)'s second quarter net profit fell 12% to RM4.

KUALA LUMPUR (Aug 31): LBS Bina Group Bhd's net profit sank by a third to RM14.

As you take a stroll along the River of Life at the confluence of the Gombak and Klang rivers in Kuala Lumpur, you would be walking on history as this was where the city got its name from.