News about Malaysia

PETALING JAYA (Jan 8): The revival of notable mega infrastructure projects in 2019, namely the East Coast Rail Link (ECRL) and the Bandar Malaysia project in Kuala Lumpur that will house one of the stations of the Kuala Lumpur-Singapore High Speed Rail (HSR); and the Johor Bahru-Singapore Rapid Transit System (RTS) will continue to improve market sentiments and restore investors’ confidence, according to Knight Frank Malaysia in its Real Estate Highlights for 2H2019 released today.

KUALA LUMPUR (Jan 8): Malaysia Airlines Bhd is steering clear of the "conflict airspace of Iran" amidst flaring tensions between the US and the Middle East.

PUTRAJAYA (Jan 8): The Malaysian Anti-Corruption Commission (MACC) has released a number of phone recordings revolving around former prime minister Datuk Seri Najib Razak when he was sorting out the issues surrounding the investigation into 1Malaysia Development Bhd (1MDB) in 2016.

SUBANG JAYA (Jan 7): Sunway Bhd’s property division, Sunway Property has set a sales target of RM2 billion in 2020.

SEPANG (Jan 7): AirAsia Group Bhd will add special late-night flights at fixed one-way all-in fares between Peninsular Malaysia and Sabah and Sarawak from Jan 21 to 31, following feedback from the budget airline's guests for it to have fixed low fares for the upcoming Chinese New Year, which falls on Jan 25 and 26.

KUALA LUMPUR (Jan 7): Malaysia Airports Holdings Bhd (MAHB) group chief executive officer (CEO) Raja Azmi Raja Nazuddin has stepped down two years short of his three-year contract, handing the reins over to its chief operating officer (COO) Datuk Mohd Shukrie Mohd Salleh.

KUALA LUMPUR (Jan 7): Shares in LBS Bina Group Bhd rose 2.

  PETALING JAYA (Jan 6): Agricultural land value is expected to grow in 2020, thanks to the ongoing "durian delirium'' says Savills Malaysia managing director Paul Khong.

  KUALA LUMPUR (Jan 6): Jho Low, or Low Taek Jho, a fugitive linked to the 1Malaysia Development Bhd (1MDB) financial scandal said in an interview published today that he was merely an intermediary for 1MDB deals.

KUALA LUMPUR (January 6): Former Prime Minister Datuk Najib Abdul Razak will kick off the SRC International Sdn Bhd trial for the New Year by picking up from where the case left off in 2019, namely with Prosecution lawyer Datuk V.