How AI and facial recognition may replace your building’s security guards
Security and surveillance advancements may mean the days of guards at establishments are numbered.
Developer China Evergrande to diversify into electric vehicles
China Evergrande Group is China’s second-largest property developer, who are also know for investments into football clubs and spring-water companies, has declared that they can be the biggest electric vehicle manufacturer in the world within three to five years.
Mindef land swaps breached financial regulations, says PM
PUTRAJAYA (March 20): The controversial land swaps undertaken by the Ministry of Defence (Mindef) to allegedly expand voter base in selected constituencies were against financial regulations, said Prime Minister Tun Dr Mahathir Mohamad.
Wan Azmi re-emerges as major shareholder in E&O
KUALA LUMPUR (March 20): Businessman Tan Sri Wan Azmi Wan Hamzah has re-emerged as a substantial shareholder of property developer Eastern & Oriental Bhd (E&O) with a 9.
PM: Our goal is to be a developed nation in every sense of the word
KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.
EPF may cease to exist in our lifetime — CEO
KUALA LUMPUR (March 20): The rising gig economy and an ageing population are expected to cause a decline in the percentage of workers who contribute to the Employees Provident Fund (EPF), according to its chief executive officer (CEO) Tunku Ali-zakri Alias.
Highland Towers name will remain after redevelopment
KUALA LUMPUR (March 19): The name Highland Towers will be retained even after the land is redeveloped, said Housing and Local Government Minister Zuraida Kamaruddin.
CapitaLand REIT is reportedly eyeing office tower owned jointly by Malaysia and Singapore state funds
KUALA LUMPUR (March 19): CapitaLand Commercial Trust, Singapore’s biggest office landlord, is among suitors pursuing a potential acquisition of the Duo office and retail development in the lion city, according to sources with knowledge of the matter.
Ex-Goldman banker Roger Ng appeals for bail before extradition to US
KUALA LUMPUR (March 19): Ex-Goldman Sachs banker linked to the 1Malaysia Development Bhd scandal, Roger Ng, is attempting a second bite of the cherry by appealing at the High Court for bail be granted before his extradition to the United States.
Residents want illegal sand washing activity halted, says report
KUALA LUMPUR (March 19): Residents of Andes Condo Villa and Mutiara Bukit Jalil want the illegal sand washing activity taking place near their homes halted, reported The Star today.
