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PETALING JAYA (March 21): Western Digital has decided to sell its hard disk drive (HDD) manufacturing facility site at the Sungei Way Free Trade Industrial Zone (pictured), Petaling Jaya, where the company has been operating for over two decades.

KUALA LUMPUR (March 21): UEM Sunrise Bhd plans to launch RM1.

KUALA LUMPUR (March 21): Prestar Resources Bhd is eyeing highway and associated road projects to deal with the margin squeeze it is currently facing, and the future earnings dilution from the proposed listing of its flat steel manufacturing unit Tashin Holdings Bhd.

  SEMENYIH (March 20): Property developer S P Setia Bhd is set to launch the first phase of its township inspired by resort-living, called Setia Mayuri this Saturday, March 23.

China Evergrande Group is China’s second-largest property developer, who are also know for investments into football clubs and spring-water companies,  has declared that they can be the biggest electric vehicle manufacturer in the world within three to five years.

  KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.

KUALA LUMPUR (March 20): The rising gig economy and an ageing population are expected to cause a decline in the percentage of workers who contribute to the Employees Provident Fund (EPF), according to its chief executive officer (CEO) Tunku Ali-zakri Alias.

KUALA LUMPUR (March 19): A lawmaker has taken issue with a property consulting firm’s suggestion that a higher population growth is needed to resolve the property overhang in the country.

HONG KONG (March 18): For the first time in almost four decades, two subway trains in Hong Kong collided.

KUALA LANGAT (March 18): The Kuala Langat and Kuala Selangor District Councils will be upgraded to municipal councils by this year, said Selangor Mentri Besar Amirudin Shari.