DNC Asiatic’s assembly plants put up for sale, says report
KUALA LUMPUR (Sept 1): Two motorcycle assembly plants belonging to DNC Asiatic Holdings Sdn Bhd have been put up for sale, according to a report by The Edge business publication.
Outgoing Prasarana CEO thanks MoF for issuance of bonds to pay staff salaries
PETALING JAYA (August 31): Prasarana Malaysia Bhd chief executive officer Masnizam Hisham has expressed appreciation to the Finance Ministry for the issuance of bonds to pay the salaries of its 17,000 employees “I am grateful and would like to thank the Finance Ministry for approving the issuance of sukuk/bonds that will allow the salaries of Prasarana staff for September and the coming months.
Don't be shocked by PM's objections against Forest City, said Foreign Minister
PETALING JAYA (Aug 30): Tun Dr Mahathir Mohamad's objections to the RM410 billion Forest City is not shocking as he had been consistently criticising foreign investments that failed to benefit Malaysia and its citizens, said Foreign Minister Datuk Saifuddin Abdullah.
Foreign property buyers welcomed, but no automatic residency, says Johor MB
KUALA LUMPUR (Aug 30): The Johor administration has explained that it does not “discriminate against or segregate foreign property buyers according to regions or countries of origin” but they are subject to rules and regulations when buying residential property in Iskandar Malaysia, The Star reported today.
Third Johor-Singapore link bridge wanted within 4 years
ISKANDAR PUTERI (August 30): To ease traffic conditions at the existing links, Johor plans to build a third link bridge in Sungai Rengit, Pengerang, Kota Tinggi district.
Najib: Is RM10b price tag for ECRL realistic?
KUALA LUMPUR (Aug 29): Former prime minister Datuk Seri Najib Razak has today asked if the figure of RM10 billion being offered by some parties to build the controversial East Coast Rail Link (ECRL) realistic.
Raj's Banana Leaf reopens as RBL Banana Leaf after passing inspections
PETALING JAYA (Aug 29): Raj's Banana Leaf restaurant in Bangsar which starred in a viral video showing its employees washing dishes and cutlery in potholes full of murky water has passed rigorous inspections by Dewan Bandaraya Kuala Lumpur (DBKL) and the Ministry of Health and has reopened as RBL Banana Leaf.
'1MDB a bigger factor than GST in BN’s downfall'
PETALING JAYA (Aug 29): The 1Malaysia Development Bhd (1MDB) scandal is more responsible for bringing down the Barisan Nasional (BN) government in the 14th general election (GE14) than the unpopular goods and services tax (GST), says veteran financial journalist P Gunasegaram.
Sime Darby Property 4Q net profit drops 86%, declares 3 sen dividend
KUALA LUMPUR (Aug 28): Sime Darby Property Bhd's net profit plummeted 85.
Najib: 'Great Wall of China in Kuantan' issue slander by PH
PETALING JAYA (August 28): In a Facebook post on Monday, Datuk Seri Najib Razak said that he was grateful that “one more slander” against the Barisan Nasional government has been corrected.
