Berjaya Land seeks entry into Iceland's hotel market via acquisition
KUALA LUMPUR (July 15): Berjaya Land Bhd (BLand), which is controlled by tycoon Tan Sri Vincent Tan, is buying a 75% stake in Icelandair Hotels ehf in a US$53.
KUALA LUMPUR (July 15): Berjaya Land Bhd (BLand), which is controlled by tycoon Tan Sri Vincent Tan, is buying a 75% stake in Icelandair Hotels ehf in a US$53.
KUALA LUMPUR (July 15): Transactions from accounts linked to fugitive businessman Low Taek Jho — better known as Jho Low — into the AmBank account of Datuk Seri Najib Razak in 2015 included transaction details which described them as loan payments, and not donations as the former prime minister had claimed previously.
KUALA LUMPUR (July 15): To keep the RM19.
KUALA LUMPUR (July 15): Datuk Seri Najib Razak had racked up charges of RM3.
KUALA LUMPUR (July 15): Only RM1.
KUALA LUMPUR: Rising investments from China can bring immense economic potential to Malaysia, but there needs to be a higher level of transparency and accountability in such state-business relations to prevent power abuse, according to economists.
PETALING JAYA (July 12): The tourism tax is deemed a lopsided system because it is borne only by established hotels but not short stay platforms like Airbnb, said the Malaysian Association of Hotel Owners (MAHO) president Tan Sri Teo Chiang Hong.
KUALA LUMPUR (July 12): Datuk Seri Najib Razak (pictured) will be withdrawing his appeal against the High Court's decision to reject his application to strike out seven charges he is facing over RM42 million of SRC International Sdn Bhd's funds.
KUALA LUMPUR (July 12): Kejuruteraan Asastera Bhd (KAB) shares fell 2.
The industry, the market and the people may have had their doubts when they first heard of the multi-billion pound Battersea Power Station (BPS) development in London by a Malaysian consortium, but the BPS team has not let naysayers distract them from their work, which is targeted for completion next year.