Fernandes: Absurd that M'sia does not have LCCTs

Sep 12

KUALA LUMPUR (Sept 12): AirAsia Group Bhd co-founder and group chief executive officer Tan Sri Tony Fernandes says it is “absurd” that low-cost carriers (LCCs) dominate the Malaysian aviation market, but the country does not have dedicated low-cost carrier terminals (LCCTs).

Jamaluddin Jarjis had fallout with daughter, witness tells High Court

Sep 11

KUALA LUMPUR (Sept 11): The late Tan Sri Dr Jamaluddin Jarjis had a fallout with his eldest daughter Nur Anis Jamaluddin in 2013, over the control of the Teras Dara Konsortium Sdn Bhd (TDK) group of companies which Jamaluddin owned, the High Court was told today.

Malaysia's National Budget Office seeks IDEAS' input for Budget 2020

Sep 11

KUALA LUMPUR (Sept 11): Malaysia's National Budget Office (NBO) had last month sought the Institute for Democracy and Economic Affairs' (IDEAS) inputs on institutional reforms for the Budget 2020 speech.

Pintaras Jaya wins three piling jobs totalling RM80m

Sep 11

KUALA LUMPUR (Sept 11): Pintaras Jaya Bhd has bagged three piling contracts worth a combined RM80 million.

1MDB-Tanore trial postponed to next Tuesday as Najib is on MC (Update)

Sep 11

KUALA LUMPUR (Sept 11): Datuk Seri Najib Razak's trial on abuse of power and money laundering involving funds from 1Malaysia Development Bhd (1MDB-Tanore trial) has been postponed to next Tuesday as the former prime minister is on two days' medical leave due to another bout of conjunctivitis.

Witness deleted secret meeting emails without consulting MACC

Sep 11

KUALA LUMPUR (Sept 11): Datuk Amhari Efendi Nazaruddin, who participated in Low Taek Jho’s (Jho Low) top-secret 1Malaysia Development Bhd (1MDB) meetings over the years, told the High Court that he deleted his emails that transpired in 2018, containing information on the meetings’ agendas.

Jho Low drafted 1MDB FAQs denying his involvement, for Najib: Witness

Sep 11

KUALA LUMPUR (Sept 11): Datuk Amhari Efendi Nazaruddin, a former aide of Datuk Seri Najib Razak, insisted that fugitive businessman Low Taek Jho (Jho Low) had prepared a list of frequently asked questions (FAQs) about 1Malaysia Development Bhd (1MDB) — including a statement denying his involvement in the sovereign wealth fund — for the former prime minister.

No more land deals for YWP

Sep 10

KUALA LUMPUR (Sept 10): In view of the controversies surrounding the Federal Territory Foundation (YWP), its chairman Khalid Abdul Samad said it has decided to stop venturing in businesses involving land deals.