Johor MB Osman quits, reason unknown
KUALA LUMPUR (April 10): Datuk Osman Sapian has quit as Johor menteri besar (MB) effective yesterday.
No two-thirds majority for Bill to make Sabah, Sarawak equal partners
KUALA LUMPUR (April 10): The Federal Government has failed to get the nod from the Dewan Rakyat for the Constitution (Amendment) Bill 2019, which sought to restore the status of Sabah and Sarawak as equal partners with Peninsular Malaysia as enshrined in the Malaysia Agreement 1963 (MA63).
Malaysia, Singapore commit to resolve maritime and airspace boundary issues amicably
PUTRAJAYA (Apr 10): Both Malaysia and Singapore are committed to resolve the issues surrounding maritime and airspace boundaries between the two countries in a peaceful manner, without causing further friction between them.
Utusan to transfer property, pay Nylex in dispute settlement
KUALA LUMPUR (April 9): Nylex Bhd said it has entered into an agreement with Utusan Melayu (Malaysia) Bhd for both parties to settle their legal dispute over the refund of deposits totalling RM10 million.
IWCity continues to rise on possible revival of mega projects
KUALA LUMPUR (April 8): Shares of Iskandar Waterfront City Bhd (IWCity) rose as much as 12% in active trades this morning, as positive sentiment over the possible revival of the East Coast Rail Link (ECRL) continues to improve sentiment surrounding mega projects in the country.
Scomi-Prasarana monorail dispute comes to an end with new RM303m contract
RAWANG (April 4): A years-long dispute between Prasarana Malaysia Bhd and Scomi Engineering Bhd has come to an end with the signing of a new contract worth RM303 million between the two parties today.
Sale of 1MDB’s superyacht historic by any measure
KUALA LUMPUR (April 4): The sale of 1Malaysia Development Bhd’s (1MDB) superyacht Equanimity is historic, by any measure, said Attorney-General (AG) Tommy Thomas.
‘Use non-linear data to respond to financing needs of low-income clients’
KUALA LUMPUR (April 4): Banks and other financing institutions should look at non-linear data to better respond to the financing needs of low-income customers.
‘Ex-PM got RM42m by giving government guarantee for RM4b loan to former 1MDB unit’
KUALA LUMPUR (April 4): In holding the office of the prime minister, the nation’s highest elected public officer and head of government, Datuk Seri Najib Razak obtained RM42 million gratification by giving the government guarantee for RM4 billion loan granted to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).
Integrated property database key to address market concerns
KUALA LUMPUR (April 4): Malaysia will need an integrated property database that could serve as a launch pad for future policy direction and actions by both the government and private sector players.
