Najib spent almost half a million ringgit on Rosmah's Chanel birthday watch
KUALA LUMPUR (Dec 9): Former prime minister Datuk Seri Najib Razak spent RM466,330.
Sanichi says China's Second Construction Co keen on its Halal Gelatin Industrial Park
KUALA LUMPUR (Dec 9): The Second Construction Co Ltd of China Construction Third Engineering Bureau, a key enterprise of China State Construction Engineering Corp (CSCEC), is said to have shown interest in Malaysia and Asean's first Halal Gelatin Industrial Park to be developed by Sanichi Technology Bhd.
Originating summons filed against Samy Vellu because he has Alzheimer's: Vell Paari
KUALA LUMPUR (Dec 9): The originating summons filed by Datuk Seri S Vell Paari against his father Tun S Samy Vellu at the High Court was necessary, because the latter has been suffering from dementia brought on by Alzheimer's disease.
Sluggish income growth among youth, low-income households contributes to 'left-behind' perception, says World Bank
KUALA LUMPUR (Dec 9): Slowing income growth among lower-income households and young workers has contributed to perceptions of being "left behind", the World Bank said in its latest Malaysia Economic Monitor report themed "Making Ends Meet".
Najib 'utterly shocked' Jho Low managed his accounts
KUALA LUMPUR (Dec 9): Former premier Datuk Seri Najib Abdul Razak said he was shocked to learn that fugitive financier Low Taek Jho — better known as Jho Low — was dealing with AmBank on the management of his personal accounts.
Najib says Azlin told him in 2014 King Abdullah will make more donations
KUALA LUMPUR (Dec 9): Former premier Datuk Seri Najib Abdul Razak told the High Court today that his principal private secretary, the late Datuk Azlin Alias, informed him in 2014 that he would receive further donations in foreign funds from Saudi Arabia's King Abdullah in addition to US$800 million purportedly gifted by the monarch in early 2013.
Najib says he never abused his public position with regard to two govt guarantees
KUALA LUMPUR (Dec 9): Datuk Seri Najib Abdul Razak today denied that he had abused his power as a civil servant, regarding the two government guarantees (GGs) given to SRC International Sdn Bhd on Aug 17, 2011 and Feb 8, 2012 by the Cabinet.
Sushi King to close unprofitable outlets
PETALING JAYA (Dec 9): Texchem Resources Bhd will close down unprofitable Sushi King outlets in the country in 2020, the Star reported today.
Tesco considers sale of Thai and Malaysian stores
PETALING JAYA (Dec 9): Britain's biggest retailer Tesco is reviewing its businesses in Thailand and Malaysia after being approached by an unnamed buyer, Reuters reported on Sunday.
Axis REIT hungry for more assets
KUALA LUMPUR (Dec 9): Axis Real Estate Investment Trust (REIT) is in talks with several parties on buying more assets, a clear indication that it does not intend to slow down in its acquisition spree.
