News about Malaysia

The Lafarge-EdgeProp MYHOME initiative culminated with the completion of the model house representing the home that Malaysians co-created.

KUALA LUMPUR (Nov 30): Bids from potential buyers from all over the world were received for the Equanimity which was previously owned by fugitive financier Low Taek Jho (Jho Low).

  KUALA LUMPUR (Nov 30): Former premier Datuk Seri Najib Razak said he had rejected the “proof” of wrongdoings by 1Malaysia Development Bhd’s (1MDB) mastermind Low Taek Jho (Jho Low), presented to him in 2015 by The Edge Media Group chairman Tong Kooi Ong, as it was based on stolen emails by a disgruntled employee.

Malaysian Resources Corporation Bhd (MRCB), developer of the Penang Sentral transport hub, said they will work with the authorities against taxi and bus operators who flout guidelines.

PETALING JAYA (Nov 29): Bidding for the US$250 million (RM1 billion) superyacht Equanimity once owned by fugitive financier Jho Low has closed yesterday.

PETALING JAYA (Nov 28): The Malaysian Developers Council of Australia (MDCA) has been established and launched in Melbourne earlier this week, the council was set up with the objective to assist Malaysian developers who are looking at expanding their presence Down Under.

KUALA LUMPUR (Nov 28): Parti Keadilan Rakyat’s (PKR) president Datuk Seri Anwar Ibrahim has reiterated that Goldman Sachs Group should be made to pay back more than the amount it received from the Malaysian government for facilitating bond sales for 1Malaysia Development Bhd (1MDB) due to its “disgusting” role in the matter.

KUALA LUMPUR (Nov 27): The Malaysian Retail Chain Association says its members posted an average year-on-year revenue growth of 5.

PETALING JAYA (Nov 27): Average office rents in Kuala Lumpur city centre declined slightly by 0.

KUALA LUMPUR (Nov 27): The Federal Government is not planning to impose any tax on windfall profit, Finance Minister Lim Guan Eng said.