Fed govt need not inform Johor of project, says exco member
JOHOR BAHRU (April 5): The Federal government is not required to inform the state of the project as it is located 3.
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Constitution amendment will turn Sabah, Sarawak into territories, says law minister
KUALA LUMPUR (April 5): The proposed amendment on Article 1(2) in the Federal Constitution will effectively turn Sabah and Sarawak into territories, unlike states currently, said Federal Law Minister Liew Vui Keong.
PAC done taking statements in probe on Johor-Singapore VEP system
KUALA LUMPUR (April 5): Public Accounts Committee (PAC) chairman Datuk Seri Ronald Kiandee said the PAC has finished taking statements for its probe into the Johor-Singapore Vehicle Entry Permit (VEP) system.
Malaysia may sell more assets to reduce borrowings
KUALA LUMPUR (April 5): While the country’s national debts are at a more manageable level currently after the government has recovered some money from abroad, still Prime Minister Tun Dr Mahathir Mohamad points out that the government needs to sell more assets to reduce borrowings.
Vizione says RM15m linked to graft probe paid to Consortium Zenith just a security deposit
KUALA LUMPUR (April 5): Vizione Holdings Bhd, whose subsidiary was mentioned in a cheating case linked to a graft probe on the Penang undersea tunnel, clarified yesterday that the RM15 million reportedly paid out from its subsidiary's account was actually a security deposit it paid for a certain work package under the Penang Mega Infrastructure (PMI) project.
Scomi-Prasarana monorail dispute comes to an end with new RM303m contract
RAWANG (April 4): A years-long dispute between Prasarana Malaysia Bhd and Scomi Engineering Bhd has come to an end with the signing of a new contract worth RM303 million between the two parties today.
Bandar Puteri Puchong to be spruced up in rejuvenation project
PUCHONG (April 4): Bandar Puteri may host the commercial nexus of Puchong, Selangor, but with unsightly back lanes, dirty drains, illegal structures and rampant double parking, it still falls short of a more premier status.
Genting units price US$1b bonds to fund Resorts World Las Vegas
KUALA LUMPUR (April 4): Genting Bhd said yesterday its indirect wholly-owned subsidiaries Resorts World Las Vegas LLC and RWLV Capital Inc had on Tuesday priced their US$1 billion (RM4.
Klang neighbourhood terrorised by loan sharks
KLANG (April 4): You have not borrowed any money from the “ah longs” or the local loan sharks, but they have “targeted” your home anyway! This ordeal is being endured by residents in Taman Pendamar Indah when the loan sharks splashed red paint on “18 cars and 14 houses” in the early hours of March 2 even though the residents did not take any loans from them, reported the World of Buzz news portal.
‘Use non-linear data to respond to financing needs of low-income clients’
KUALA LUMPUR (April 4): Banks and other financing institutions should look at non-linear data to better respond to the financing needs of low-income customers.
