KIP REIT CEO retires at 60

KUALA LUMPUR (Jan 30): KIP REIT Management Sdn Bhd chief executive officer (CEO) Lim Han Gie has opted not to extend his contract, and will retire from the position tomorrow (Jan 31) at 60 years old.

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RHB ups interest rates after OPR hike

KUALA LUMPUR (Jan 30): RHB Banking Group announced today it is raising its base rate (BR) and base lending rate (BLR) by 25 basis points (bps), effective Feb 2, in line with the hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) last week.

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IKEA founder Ingvar Kamprad dies aged 91

STOCKHOLM, SWEDEN (Jan 30): IKEA founder Ingvar Kamprad, who built a global business empire with revolutionary flat-pack furniture and was known for his contempt for taxes, died aged 91, the Swedish furnishing giant said last Sunday (Jan 28).

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‘Datuk Seri’ in Penang undersea tunnel investigation freed

  PETALING JAYA (Jan 30): The magistrate’s court at Putrajaya has released the chairman of an engineering consultancy who had been remanded for five days since Jan 25 to assist the Malaysian Anti-Corruption Commission (MACC) in its investigation into a three-highway and undersea tunnel project in Penang, reported Bernama.

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