Decisions to seek initial RM3.95b KWAP loan made before SRC directors formally appointed
KUALA LUMPUR (Dec 11): The decisions regarding the initial loan application to Retirement Fund Incorporated (KWAP) amounting to RM3.
Menang Corp posts loss in 1Q due to land clearing and earthworks expenses, corporate exercises
KUALA LUMPUR (Nov 29): Menang Corp (M) Bhd posted a net loss of RM503,000 in the first quarter ended Sept 30, 2019, compared with a net profit of RM967,000 in the corresponding quarter last year.
Developers should confirm their EOT approvals with KPKT minister
PETALING JAYA (Nov 28): Many a property developer may be shivering in their boots following the recent Federal Court ruling that the Housing Controller under the Housing and Local Government Ministry (KPKT) does not have power to grant Extension of Time (EOT) approvals to them.
Poverty can be eradicated, but we need to be Malaysians first: Daim
KUALA LUMPUR (Nov 27): Poverty in the country can be eradicated, but the people need to “think that they are Malaysians first” and not place too much importance on race, says former finance minister Tun Dr Daim Zainuddin.
KPS Consortium claims RM59.7m damages over alleged breach of contract in Rawang
KUALA LUMPUR (Nov 25): KPS Consortium Bhd is suing property developer Nautical Wealth Sdn Bhd and two individuals for an alleged breach of the development agreement (DA) for a project in Rawang.
OPR cut not a preset course, says BNM
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) said the reduction of the statutory reserve requirement (SRR) ratio, from 3.
Sentoria plans RM49.5m land sale in Langkawi resort project to rope in strategic investor
KUALA LUMPUR (Nov 8): Property developer and resort operator Sentoria Group Bhd plans to give up ownership of part of a plot of land for its Langkawi Geopark Resort City project to bring in a strategic investor for the resort development.
BNM holds interest rates at 3%
KUALA LUMPUR (Nov 5): Bank Negara Malaysia (BNM) today left its key interest rate unchanged, as it expects the country's economic growth to come in within projections this year and the pace sustained going into 2020.
Cyprus president wants Jho Low's passport revoked: Report
KUALA LUMPUR (Nov 5): In the latest twist to the story of fugitive business man Jho Low holding a Cyprus passport, the country’s president Nicos Anastasiades yesterday agreed to having the Malaysian’s passport revoked if investigations justify it.
Most Malaysians look to emigrate for career, work-life balance
KUALA LUMPUR (Oct 30): Ninety per cent of Malaysians are looking to emigrate for better career opportunities and work-life balance, according to Randstad’s latest survey.
