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KUALA LUMPUR (May 7): The investment panel of Kumpulan Wang Persaraan (Diperbadankan) (KWAP) would have rejected the loan to 1Malaysia Development Bhd (1MDB)'s former subsidiary SRC International Sdn Bhd if it could, according to KWAP's former assistant vice president Amirul Imran Ahmad.

  KUALA LUMPUR (May 7): Finance Minister Lim Guan Eng said corporate Malaysia should play its part in ensuring that employees in the country are paid decent wages and duly rewarded for their contributions, especially if the companies perform well.

PETALING JAYA (May 7): ParkCity Property Holdings Sdn Bhd (ParkCity) and CapitaLand Limited (CapitaLand) will be undertaking a 50:50 joint-venture development called Park Regent in Desa ParkCity, Kuala Lumpur.

KUALA LUMPUR (May 7): Bank Negara Malaysia (BNM) has reduced its key interest rate to 3%, marking the first time it has revised the rate in more than a year.

KUALA LUMPUR (May 7): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) approved its first RM2 billion loan to SRC International Sdn Bhd without adhering to its own investment policy and guidelines, the High Court here was told yesterday.

KUALA LUMPUR (May 7): Attorney-General Tommy Thomas said the government has spent an estimated RM15.

  KUALA LUMPUR (May 7): Meridian Bhd executive director Datuk Seth Yap today unveiled plans to develop the world's first Hasbro-themed water theme park at Meridian's Malaysia Tourism City (MTC) development in Kuala Linggi, Melaka, through a Hasbro licensing agreement secured by his private entity M101 Holdings Sdn Bhd.

KUALA LUMPUR (May 7): Former Goldman Sachs Group Inc banker Roger Ng, who was charged last year in connection with the looting of billions of dollars from 1Malaysia Development Bhd (1MDB), pleaded not guilty in Brooklyn federal court on Monday, just hours after being flown back to the United States.

  KUALA LUMPUR (May 7): Datuk Seri Najib Razak's SRC trial will start a little later today as the former premier will have to travel to the Court of Appeal in Putrajaya to know the outcome of his appeal to remove former Federal Court judge Datuk Gopal Sri Ram as a prosecutor in his 1Malaysia Development Bhd (1MDB)  case.

KUALA LUMPUR (May 7): Salcon Bhd's unit has bagged a sub-contract worth RM18.