News about Malaysia

KUALA LUMPUR (June 18): China’s ambitious Belt and Road Initiative (BRI) could face another setback if the Malaysian government decides to scrap the 688km East Coast Rail Link (ECRL), according to Koh King Kee, head of the Belt and Road desk at Baker Tilly Malaysia.

PETALING JAYA (June 16): The Housing and Local Government Ministry’s National Community Policy which is slated to launch in August may include proposals for larger homes for the poor, said its Minister Zuraida Kamaruddin.

UPDATE: June 15, 11am PETALING JAYA (June 14): Cradle Fund Sdn Bhd CEO Nazrin Hassan has passed away in a room fire at his semi-detached house in Mutiara Damansara here this afternoon, reported The Star.

PETALING JAYA (June 14): Negeri Sembilan-based developer Matrix Concepts Holdings Bhd has donated a further RM2 million to Tabung Harapan Malaysia, fulfilling its promise and bringing its total contribution to the fund to RM5 million.

PETALING JAYA (June 14): Dewan Bandaraya Kuala Lumpur (DBKL) will make plans to demolish fugitive Umno leader Datuk Seri Jamal Md Yunos’ restaurant in Kuala Lumpur as soon as it gets the go-ahead from the Federal Territories Land and Mines Office (PTG).

KUALA LUMPUR (June 13): Aspen Group Holdings Ltd, via its 30%-associate company Global Vision Logistics Sdn Bhd (GVL), has acquired 71 acres of leasehold industrial land in Section 16, Shah Alam, Selangor from Chemical Company of Malaysia Bhd for RM190 million.

KUALA LUMPUR, June 13 — Yayasan Wilayah Persekutuan (YWP) said it owns only one plot of Kuala Lumpur City Hall (DBKL) land and not all the 64 lots, as claimed by Kepong Member of Parliament Lim Lip Eng.

KUALA LUMPUR (June 12): Short-term lease platform Airbnb looks forward to engaging with local authorities to develop and appropriate frameworks — including tourism tax collection — that allow home sharing to thrive for Malaysia’s short- and long-term benefit, it said in an op-ed today.

KUALA LUMPUR (June 12): Mah Sing Group Bhd has donated RM3 million to Tabung Harapan Malaysia at the Finance Ministry in Putrajaya.

PETALING JAYA (June 12): The Taman Tun Dr Ismail (TTDI) Market Traders’ Association has expressed their fears that the market may make way for redevelopment in the future.