Bank Negara stands pat on key interest rate at 3.25%
KUALA LUMPUR (Nov 8): Malaysia's central bank left its key interest rate unchanged at 3.
Jho Low's St Kitts and Nevis passport deactivated — report
KUALA LUMPUR (Nov 8): The government of St Kitts and Nevis had in June this year deactivated Low Taek Jho's (pictured) passport through Interpol after a broad media and criminal database check, the St Kitts & Nevis Observer reported on Tuesday.
Acoustech buys Melaka serviced apartments
PETALING JAYA (Nov 8): Acoustech Bhd has entered into an agreement with Jaya Mapan Sdn Bhd to acquire a block of serviced apartments in Melaka for a purchase consideration of RM18 million, The Star reported yesterday.
Rosmah's trial: Defence lawyers say have until Dec 6 to apply for case transfer to High Court
KUALA LUMPUR (Nov 8): Datin Seri Rosmah Mansor's lawyers said today they have until this December 6 to update the Sessions Court here on their application to transfer her money-laundering and tax-evasion case to the High Court.
Kota Kemuning residents want green lung preserved
SHAH ALAM (Nov 7): Kota Kemuning residents are worried that a loved green lung near the township’s lake may end up being the site for yet another hypermarket.
Scientex to speed up development of affordable homes in next 10 years
KUALA LUMPUR (Nov 7): Scientex Bhd is looking to accelerate its development of affordable housing units, and plans to build 32,500 units over the next 10 years to meet its 50,000 homes target by 2028.
Selayang council wants bungalow owners to move out
PETALING JAYA (Nov 7): The Selayang Municipal Council (MPS) wants the owners of three bungalow along Jalan Desa 3/7 in Bandar Country Homes, Rawang to move out to allow remedial slope works after a landslip, The Star reported today.
Finance Ministry: Foreign online services need to register with Customs
KUALA LUMPUR (Nov 7): The Finance Ministry said today foreign online services will need to register with the Royal Malaysian Customs Department to ensure a level playing field between Malaysian and foreign companies.
Ex-BNM governer questioned over RM2bil land purchase
PETALING JAYA (Nov 7): The Malaysian Anti-Corruption Commission (MACC) has questioned former Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim over the central bank’s RM2bil land purchase from the Finance Ministry in January.
Proposed AREIT seen to maintain MAHB as asset-light operator
Aviation sector Downgrade to neutral from overweight: The government intends to set up the world’s first Airport Real Estate Investment Trust (AREIT), enabling it to raise RM4 billion based on a 30% stake sale to private investing institutions.
