News about Malaysia

KUALA LUMPUR (Nov 26) : The Malaysian Institute of Accountants (MIA) said it had completed its investigation into Messrs Deloitte over the latter’s role as the former auditor of scandal-plagued fund 1Malaysia Development Bhd (1MDB).

Datuk Seri Najib Razak, in an interview with Sinar Harian last week, conceded that based on information available today, Jho Low had cheated Malaysia of billions of dollars through transactions done by 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Nov 24): Malaysian Resources Corp Bhd (MRCB) has received the settlement sum of RM1.

PETALING JAYA (Nov 23): Real estate agents and negotiators have a role to play in the new FundMyHome property scheme, said Malaysian Institute of Estate Agent (MIEA) president Eric Lim.

PETALING JAYA (Nov 23): The Auditor-General’s (AG) report on 1Malaysia Development Bhd (1MDB) in 2016 had been amended, following the orders of then prime minister Najib Razak, Utusan reported, citing unnamed sources.

  KUALA LUMPUR (Nov 23): Malaysia Airlines Bhd said about 13,000 booked passengers will be affected by the temporary suspension of FlyFirefly Sdn Bhd’s operations into Singapore from Dec 1, following the city state’s plans to move all turboprop flights from Changi Airport to Seletar Airport.

PETALING JAYA (Nov 22): The Malaysian Association of Hotels have said that it is not a good idea to have hotel pools used for swimming lessons, reported The Star today.

  KUALA LUMPUR (Nov 22): S P Setia Bhd announced yesterday it had reached a settlement with the Inland Revenue Board of Malaysia (IRB) to pay RM2.

KUALA LUMPUR (Nov 22): Member of Parliament for Kepong Lim Lip Eng has asked the Malaysian Institute of Accountants (MIA) on the status of its investigation of Deloitte Malaysia over the latter’s handling of the audit of 1Malaysia Development Bhd (1MDB).

SEPANG (Nov 22): The government is looking at reducing the passenger service charge (PSC) collected by Malaysia Airports Holdings Bhd (MAHB).