New lease of life for SStwo Mall
KUALA LUMPUR (September 3): AsiaMalls Sdn Bhd, which has been seeking a buyer for SStwo Mall in Petaling Jaya for about three years, is understood to have finally found one.
DRB-Hicom’s Mohamed Hazlan to helm Prasarana
KUALA LUMPUR (September 3): DRB-Hicom Bhd’s Datuk Mohamed Hazlan Mohamed Hussain will take over the helm of the financially stressed Prasarana Malaysia Bhd after its former chief executive officer (CEO) Masnizam Hisham’s tenure has been cut short by the ministry of finance (MoF), according to sources.
Forest City creates 1,200 jobs, and looking for more employees
PETALING JAYA (Sept 1): Country Garden Pacificview (CGPV) has created 1,200 jobs as at today through its US$100 billion Forest City township development, the company revealed today.
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.
Tabung Harapan to cease collection in September
KUALA LUMPUR (August 30): Tabung Harapan Malaysia will cease accepting donations next month said Prime Minister Tun Dr Mahathir Mohamad.
Traffic police to help MPSJ ease Persiaran Kewajipan-Da Men Mall junction jam
PETALING JAYA (Aug 30): Traffic police will be helping Majlis Perbandaran Subang Jaya (MPSJ) to direct traffic flow from Persiarana Kewajipan to the Da Men Mall junction according to the new traffic management system for a week, reported The Star.
Angering China's public can hurt bilateral ties, warns Chinese daily
PETALING JAYA (Aug 29): Chinese daily Global Times has warned that China's public opinion on the Malaysia-China relationship is not “inconsequential” to Malaysia's interest, especially amid news of decisions that appear to antagonise China filtering out of Kuala Lumpur.
