PetroSaudi still owes 1MDB up to US$2.2b as of 2015, court told
KUALA LUMPUR (Nov 5): Datuk Shahrol Azral Ibrahim Halmi, former CEO of 1Malaysia Development Bhd (1MDB), says today PetroSaudi International Ltd (PSI) has accumulated "around US$2.
Sarawak: Compulsory monthly maintenance charges for strata unit owners
KUCHING (Nov 5): Strata unit owners in Sarawak will have to pay compulsory monthly maintenance charges for common facilities “in and around” their properties.
Judge who issued open verdict over Beng Hock's case to be charged with corruption
KUALA LUMPUR (Nov 5): The Sessions Court judge, Azmil Muntapha Abas, who had presided as a coroner in the highly-charged inquest into the death political aide Teoh Beng Hock 10 years ago, will face a corruption charge tomorrow.
Chinese pilot banned from flying after passenger cockpit photo
PETALING JAYA (Nov 5): Air Guilin banned a Chinese pilot from flying after a photo showing a female passenger in the cockpit went viral this week, the BBC reported today.
BNM holds interest rates at 3%
KUALA LUMPUR (Nov 5): Bank Negara Malaysia (BNM) today left its key interest rate unchanged, as it expects the country's economic growth to come in within projections this year and the pace sustained going into 2020.
Singapore agrees to suspend RTS again — until April 30 next year
KUALA LUMPUR (Nov 5): Singapore has agreed to a request by Malaysia to suspend the cross-border Rapid Transit System (RTS) link by a further six months until April 30, 2020.
Genting Malaysia unit buys 13.2 million Empire shares from Kien Huat
KUALA LUMPUR (Nov 5): Genting Malaysia Bhd's wholly-owned subsidiary Genting (USA) Ltd (GenUSA) had on Monday (Nov 4) purchased 13.
Tycoon Chen Lip Keong holds 92.14% of Karambunai shares as offer closes
KUALA LUMPUR (Nov 5): Tan Sri Dr Chen Lip Keong and the parties acting in concert in the offer for Karambunai Corp Bhd (KCB)’s shares have ended up with 5.
Mara Digital Mall to be slightly more multiracial
KUALA LUMPUR (Nov 5): Mara Corp chairman Akhramsyah Muammar Ubaidah Sanusi wants Mara Digital Mall to step away from its racial issue origin by letting traders have more freedom in choosing suppliers and adopting new technology, Free Malaysia Today reported today.
Pulau Indah power plant project not terminated as new capacity needed to meet demand in central region, says minister
KUALA LUMPUR (Nov 5): The government decided to proceed with the power generation project on Pulau Indah partly because there is a need to raise supply in the central region to cope with the strong demand, especially in the Klang Valley which accounts for 43% of the total demand in the peninsula, according to Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.
