MBSB reports 1Q profit as impaired loan allowance falls despite pandemic concerns
KUALA LUMPUR (May 27): Malaysia Building Society Bhd (MBSB) reported a first quarter net profit of RM63.
Methodist schools associations: Datuk CQ will be missed for his humility and leadership
KUALA LUMPUR (May 26): The late Datuk Teo Chiang Quan (pictured), the chairman cum executive director of property developer Paramount Corp Bhd who passed away at age 72, will be greatly missed for his humility and leadership, says the Federation of Methodist Schools Alumni Associations Malaysia (FMSAAM).
Covid-19 claims life of Paramount Corp chairman Datuk Teo Chiang Quan
After battling for 21 days, Paramount Corporation Bhd chairman and executive director Datuk Teo Chiang Quan passed away today due to complications from Covid-19.
Oxford-trained judge to hear US$8b 1MDB suit against Najib, Lodin and 13 others
KUALA LUMPUR (May 24): Oxford-trained High Court judicial commissioner Adlin Abdul Majid is set to preside over the main US$7.
Malaysia hotel industry suffers RM6.53b losses last year - MAH
PETALING JAYA (May 24): Malaysia hotel industry has suffered losses of over RM6.
JAKS Resources posts net profit of RM19.75 million for 1Q thanks to contribution from Vietnamese power operation
KUALA LUMPUR (May 22): JAKS Resources Bhd posted a net profit of RM19.
PAM supports full MCO but proposes 10 measures for businesses to survive
PETALING JAYA (May 21): While supporting the implementation of full Movement Control Order (MCO) for national security, Malaysian Institute of Architects (PAM) stressed that the public and private sectors need to work hand in hand to ensure business survival for long-term job security instead of one-off subsidies to individuals.
Stricter SOPs instead of full lockdown, urges MBAM
PETALING JAYA (May 20): The construction industry has expressed its strong opposition to a lockdown like the first movement control order in March 2020, as "the Malaysian construction industry cannot afford another full lockdown,” said Master Builders Association Malaysia (MBAM).
Nestlé Malaysia moves HQ to 1 Powerhouse in Bandar Utama
KUALA LUMPUR (May 20): Nestlé (M) Bhd (Nestlé Malaysia) has moved its corporate headquarters to 1 Powerhouse, Bandar Utama from Surian Tower in Mutiara Damansara.
FMM calls for stricter Covid-19 prevention SOPs instead of total lockdown to avert 'irreparable damage' to economy
KUALA LUMPUR (May 20): The Federation of Malaysian Manufacturers (FFM) relayed support for stricter standard operating procedures (SOPs) to prevent the spread of Covid-19 and its opposition over a total lockdown, asserting that it will "cost irreparable damage" to the economy.
