‘I didn’t say I will stay on for three years’
KUALA LUMPUR (June 25): Prime Minister Tun Dr Mahathir Mohamad has denied saying he would hand over the premiership to PKR president Datuk Seri Anwar Ibrahim after serving for three years.
KUALA LUMPUR (June 25): Prime Minister Tun Dr Mahathir Mohamad has denied saying he would hand over the premiership to PKR president Datuk Seri Anwar Ibrahim after serving for three years.
LONDON (June 24): Despite the challenging market and amidst negative news about Brexit, the Battersea Power Station development in London continues to attract domestic and foreign buyers as its residential projects have achieved about £120 million (RM634 million) in sales over the past 12 months.
KUALA LUMPUR (June 24): Lawyers appearing for Goldman Sachs International, which is facing four summonses by the prosecution for capital market offences, have sought further time to study the summons served against the multinational investment bank and financial services company.
KUALA LUMPUR (June 24): The trade diversion benefits caused by the ongoing US-China dispute may not necessarily translate into longer term developments that can contribute to the economy, says International Monetary Fund (IMF) managing director Christine Lagarde.
KUALA LUMPUR (June 24): Rare earths producer Lynas Corp says today that it is committed to relocating the first stage processing of its rare earth – where the material is separated from the low level, naturally occuring radioactive material (NORM) it is found with – to Australia over the next five years.
KUALA LUMPUR (June 24): Local think tank Socio-Economic Research Centre (SERC) says it will be "still quite challenging" for Malaysia to achieve a gross domestic product (GDP) growth of 5% for the full year of 2019 due to the contraction in export and slowdown in private investment figures.
KUALA LUMPUR (June 24): Scomi Group Bhd said today Scomi Transit Projects Sdn Bhd (STP) and Prasarana Malaysia Bhd (PMB) had signed an agreement involving the design, manufacture, completion and delivery of seven four-car vehicles for the KL Monorail for RM122 million on Friday (June 21).
JOHOR BAHRU (June 24): Country Garden Pacificview Sdn Bhd (CGPV) the developer of Forest City in Johor has handed over the Tanjung Adang Forest City Park to the Johor Islamic Religious Council (MAIJ) in a ceremony yesterday.
KUALA LUMPUR (June 24): Sarawak's Ministry of Finance and Economic Planning yesterday lambasted Federal Finance Minister Lim Guan Eng for making what it described as a "totally misleading" claim that the state would go bust in three years if it continues to be ruled by Gabungan Parti Sarawak (GPS).
KUALA LUMPUR (June 23): Finance Minister Lim Guan Eng today calls for investigations into possible monopolistic practices among cement players in Sarawak, saying that prices of the building material in the state are markedly higher than in Peninsular Malaysia.