Sime Darby to dispose of RM1bil freehold estate land
PETALING JAYA (April 2): Sime Darby Plantation Bhd (SDP) is seeking sale of some 4,300 acres of freehold estate land in Peninsular Malaysia, which they estimate will bring in RM1 billion.
Najib seeks SRC trial delay
KUALA LUMPUR (April 2): Lawyers of former premier Datuk Seri Najib Razak yesterday filed an application to review the Federal Court’s decision to lift the stay on the trial of the RM42 million SRC International Sdn Bhd case, in which he is facing abuse of power and money laundering charges.
Najib has to prove his billions were donations to escape tax — consultant
KUALA LUMPUR (April 2): A tax consultant contacted by The Edge Financial Daily is of the opinion that the burden of proof lies with Datuk Seri Najib Razak to prove that the billions of ringgit in his account were actually political donations.
Residents of Valencia Apartments, Shah Alam hope for better living conditions
PETALING JAYA (April 1): Residents of Valencia Apartments, Shah Alam have seen their living environment degenerate over the years and are hoping things can improve.
Rumah Selangorku project too close to school, say Subang Bestari residents
PETALING JAYA (April 1): Subang Bestari residents are unhappy about another Rumah Selangorku project that is being built a bit too close to a school.
Bank Negara's claim about falling entry-level wages puts employers in 'bad light' — MEF
KUALA LUMPUR (March 29): The Malaysian Employers Federation (MEF) said today that its survey data, on which Bank Negara Malaysia had used in an analysis and concluded wages for fresh graduates across all qualification categories have fallen between 2010-2018, actually showed that the reverse is true.
Vertice and main sub-con mutually terminate RM218.5 mil contract
KUALA LUMPUR (March 30): Vertice Bhd and Kumpulan Liziz Sdn Bhd have mutually agreed to terminate a sub-contract for the proposed upgrading works on a federal road from Gambang, Pahang, to Segamat, Johor, valued at RM218.
Heavy reliance on cheap foreign labour hinders productivity and wage growth, says BNM
KUALA LUMPUR (March 29): Cheap available foreign labour is the big stumbling block that has hindered the growth of the country’s productivity and wages.
BBCC Development disputes Zelan's late payment claim
KUALA LUMPUR (March 29): BBCC Development Sdn Bhd, the project owner of the multi-billion-ringgit Bukit Bintang City Centre (BBCC), today disputed a claim of late payment made by Zelan Bhd's subsidiary, which involves a principal sum of RM3.
