MBSB 3Q profit rises 21% on lower impairment allowances
KUALA LUMPUR (Nov 14): Malaysia Building Society Bhd’s (MBSB) net profit for the third financial quarter ended Sept 30, 2018 (3QFY18) rose 21.
Guilty or innocent, rule of law applies to Najib, says Dr M
KUALA LUMPUR (Nov 13): The rule of law applies in trials of former prime minister Datuk Seri Najib Razak whether he is guilty or innocent, said Prime Minister Tun Dr Mahathir Mohamad in an interview.
Govt should promote rent-to-own concept to boost homeownership
KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.
AirAsia will not take part in Airport REIT
KUALA LUMPUR (Nov 13): AirAsia Group Bhd will not invest in the proposed airport real estate investment trust (Airport REIT) as the low-cost carrier does not want to lose focus on its airline business, said chief executive officer (CEO) Tan Sri Tony Fernandes.
MRCB shares at 2-month high on anticipation of lower gearing
KUALA LUMPUR (Nov 13): Shares in Malaysian Resources Corp Bhd (MRCB) surged as much as 9% to hit an intraday high of 83 sen yesterday — its highest level in two months as investors reacted positively to a RM1.
MRCB enters into RM1.32b concession termination agreement with government for EDL
KUALA LUMPUR (Nov 12): Malaysian Resources Corp Bhd (MRCB)’s indirect wholly-owned subsidiary MRCB Lingkaran Selatan Sdn Bhd(MLSSB) (MLSSB) has entered into a termination and settlement agreement with the government, in relation to the Concession Termination of the Eastern Dispersal Link Expressway (EDL).
PAC to set a date for 1MDB proceedings tomorrow
KUALA LUMPUR (Nov 12): The Public Accounts Committee (PAC) will hold a meeting tomorrow (Nov 13) to discuss the date for proceedings to start, pertaining to the reinvestigation of 1Malaysia Development Bhd (1MDB).
Smart city concepts for Iskandar Puteri
ISKANDAR PUTERI: The Smart City Urban Design Guideline (SCUDG) and the Smart City Centralised Monitoring Services (SCCMS) have been launched here.
Rosmah to face new charges, says report
KUALA LUMPUR (Nov 12): Datin Seri Rosmah Mansor is likely be dragged to court yet again, reportedly over a RM1.
Stamp duty waivers will boost housing market, says Knight Frank Malaysia
KUALA LUMPUR: The stamp duty waiver on the instrument of transfer for first time home buyers announced in Budget 2019 will provide a boost to the current slow housing market, said Knight Frank Malaysia managing director Sarkunan Subramaniam.
