News by Adam Aziz

This is because China's share of tourism receipts has more than quadrupled to 19% in 2019 from a mere 4% in 2003, when the SARS or severe acute respiratory syndrome outbreak took place in February to July that year.

In a statement today, Finance Minister Lim Guan Eng said the affected motorists involve drivers of passenger vehicles, buses and taxis.

...pending a more detailed study on the overall impact of the outbreak.

In a filing with Bursa Malaysia, the group said the police raided part of the premises, tenanted by a third-party, in relation to a drug probe.

The focus remains on properties sought by the manufacturing and logistics sector, the management guided during its press briefing today, noting the persistent demand for such properties presently.

In a statement issued this evening, Khazanah said PLUS and itself will announce further details of the toll restructuring initiative after further consultation with the government and other key stakeholders.

In separate filings to Bursa Malaysia today, MMC Corp and Gamuda said their joint venture (JV) unit MMC Gamuda KVMRT (PDP SSP) Sdn Bhd (MMC-Gamuda) has entered into a supplemental agreement to the PDP agreement with Mass Rapid Transit Corp Sdn Bhd (MRT Corp).

In a statement today, the PMO said the government will implement an 18% reduction in toll charges on private vehicles plying PLUS-owned highways as early as Feb 1, 2020 to ensure there will be no toll rate hikes until the end of the 38-year concession between 2020 and 2058.

“Any decision on sale from a governance point of view needs to be done properly through the current owners of PLUS, that is Khazanah and EPF. That part has not started.”

The recordings painted a clearer picture on how the then-prime minister interfered with Malaysian authorities to avoid prosecution, and sought help from the United Arab Emirates to help his stepson Riza Aziz who had been named in a US Department of Justice civil suit.