Berjaya Tioman Resort to close down on June 15
KUALA LUMPUR (June 12): The Berjaya Tioman Resort on Pulau Tioman in Pahang has announced that it will close permanently on June 15, the Malay Mail reported today.
The revival of the economy is about spending, says Rehda president
KUALA LUMPUR (June 11): The Real Estate and Housing Developers' Association (Rehda) Malaysia president Datuk Soam Heng Choon (pictured) believes that the revival of the economy will come through the people’s spending.
IGB posts lower 1Q profit of RM17.7m amid weak property and tourism markets
KUALA LUMPUR (June 11): IGB Bhd posted a 64.
Singer Michael Wong buys land in Perak to build retreat
PETALING JAYA (June 11): Malaysian Chinese singer Michael Wong Kong Leong has purchased a 4-acre agricultural land in Ipoh, Perak, for about RM720,000 (TWD 5 million), according to Taiwan’s United Daily News.
High Court fixes July 10 to deliver verdict on Kevin Morais murder case
KUALA LUMPUR (June 11): The High Court has fixed July 10 to deliver its verdict on Col (Rtd) Dr R Kunaseegaran and five others who were charged with the gruesome murder of Datuk Kevin Anthony Morais five years ago.
Soft launch of Perla @ Ara Sentral gets good response
PETALING JAYA (June 11): Public transport operator Prasarana Malaysia Bhd serviced apartment project Perla @ Ara Sentral in Ara Damansara, Petaling Jaya has secured 70% bookings since the project's soft launch in February 2020.
Penang: Cheaper affordable homes; minimum price for foreign buyers lowered
PENANG (June 11): The state government here is lowering the prices of affordable homes “between RM15,000 and RM35,000”, reported FMT today.
Maybank sued for ‘thwarting’ luxury Tribeca condo tower
NEW YORK (June 11): The developer of a 43-story luxury condo building in Manhattan’s Tribeca neighborhood sued Malaysia’s biggest bank for reneging on agreements to provide more than US$162 million (RM689 million) in syndicated construction loans and “effectively thwarting” the project, Bloomberg reported today.
High Court dismisses RM100,000 1MDB forfeiture suit against Yayasan PBAKM
KUALA LUMPUR (June 11): The High Court has dismissed the government forfeiture suit against Yayasan Persatuan Bekas Anggota Kemas Malaysia (Yayasan PBAKM) to recover RM100,000 which was alleged to be funds originating from troubled sovereign wealth fund 1Malaysia Development Bhd (1MDB).
Malaysia will consider neighbouring countries first when easing border controls post-RMCO
KUALA LUMPUR (June 10): As Covid-19 infections remain low in Malaysia, authorities are looking at easing border controls when the Recovery Movement Control Order (RMCO) ends on Aug 31, starting with its neighbours which have successfully curbed the spread of the coronavirus.
