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KUALA LUMPUR (June 7): Notwithstanding a fall in revenue, Glomac Bhd reported a net profit of RM23.

KUALA LUMPUR (June 6): There are 1,800 people on the waiting list for public housing in Penang and those who ceased to qualify for the homes will have to vacate them, Penang Chief Minister Chow Kon Yeow (pictured) clarified today.

KUALA LUMPUR (June 6): It could be the permanent closure of Raj’s Banana Leaf Restaurant branch in Bangsar, if Kuala Lumpur Mayor Tan Sri Mohd Amin Nordin Abd Aziz has his way.

KEPONG (June 6): Kepong MP Lim Lip Eng has revealed that Aset Kayamas Group of Companies is one of the biggest beneficiaries to the 64 suspicious land deals involving Kuala Lumpur City Hall (DBKL).

KUALA LUMPUR (June 6): Concerns have been raised over the safety of Taman Metropolitan Kepong users because of two on-going high-rise residential projects located on the edge of the park’s jogging track.

PUTRAJAYA (June 6): The government may defer or terminate the RM55 billion East Coast Rail Link (ECRL) which is still being studied, said Prime Minister Tun Dr Mahathir Mohamad.

KUALA LUMPUR (June 6): There will be a new mechanism to facilitate the bank loan application process for young Malaysians purchasing their first properties, Prime Minister Tun Dr Mahathir Mohamad said today.

KUALA LUMPUR (June 6): Former governor of Bank Negara Malaysia (BNM) Tan Sri Muhammad Ibrahim, whose resignation Prime Minister Tun Dr Mahathir Mohamad today confirmed he has accepted, said the purchase of Lot 41 land was not the first time the central bank has done such a transaction.

PUTRAJAYA (June 6): The government today confirmed it has accepted Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim's resignation and is yet to decide his successor.

KUALA LUMPUR (June 6): The redevelopment of the new Kuala Lumpur City Hall (DBKL) administrative building in Jalan Raja Laut is one of the projects cancelled by mayor Tan Sri Mohd Amin Nordin Abd Aziz in an effort to cut costs.