Malaysia's cost of living rises but still has some of the cheapest locations for expats
SINGAPORE (Dec 17): Although Malaysian cities have seen a significant rise in the rankings for cost of living for expatriate workers, they remain the cheapest locations in Asia for expats, according to the latest Cost of Living survey by ECA International.
MRT Corp CEO Shahril Mokhtar resigns
KUALA LUMPUR (Dec 17): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Sri Shahril Mokhtar will be stepping down from his post at the end of the year to pursue other career options.
Kayin raises Selangor Properties privatisation offer to RM6 per share
KUALA LUMPUR (Dec 17): Selangor Properties Bhd's Wen family has revised its privatisation offer to RM6, from RM5.
Malaysia files criminal charges against Goldman Sachs over 1MDB
KUALA LUMPUR (Dec 17): Malaysia on Monday filed criminal charges against three subsidiaries of Goldman Sachs Inc over their handling of bonds totalling US$6.
Putrajaya: Consultant to study toll concessions to be appointed next month
KUALA LUMPUR (Dec 17): The government will appoint an independent consultant by next month to study toll concessions in the country, The Sun reported today The consultant will also “help look for ways to reduce” the toll burden on citizens.
Agencies told to work together to maintain drainage system, prevent floods in Pahang
KUANTAN (Dec 17): The could have been a “failure in coordination between the local authorities and the Irrigation and Drainage Department” as “the same old problems” of flood are occurring in Pahang, said state Local Government and Housing Committee chairman Abd Rahim Muda.
Malaysian Hindu Sangam: Unfair to take back land given by Selangor govt for temple
PETALING JAYA (Dec 17): The Malaysian Hindu Sangam (MHS) said that even though it welcomed Attorney-General’s recommendation on the USJ25 Seafield Sri Maha Mariamman (pictured) temple issue, it, however, felt that it was unfair for the Selangor government to take back the 0.
TTDI residents urge MACC to speed up investigations
KUALA LUMPUR (Dec 17): The Taman Tun Dr Ismail Residents Association (TTDIRA) is urging the Malaysian Anti-Corruption Commission (MACC) to speed up its investigations into reports lodged by various parties on the contentious development at Taman Rimba Kiara (TRK) here.
WPP employees move out of new building temporarily over safety issues, says report
KUALA LUMPUR (Dec 17): A report by Campaign Asia-Pacific has revealed that employees of WPP were very worried about their well-being while working in their new offices at the Petaling Jaya campus in Tower H within the Empire City (pictured), Damansara Perdana.