Unsold homes increases by nearly 50%
KUALA LUMPUR (Dec 24): Compared to the same period last year, the property market has seen a 48.
Goldman says relied on documents provided by IPIC execs in 1MDB US$1.75b bond issue
KUALA LUMPUR (Dec 20): Goldman Sachs said the financial services provider relied on documents provided by International Petroleum Investment Co (IPIC) executives, when Goldman Sachs proceeded with the US$1.
Crescendo buys land in Johor for RM13m
KUALA LUMPUR (Dec 19): Property developer Crescendo Corp Bhd is buying a piece of land in Johor Bahru for RM13 million to develop apartments for rent by Crescendo International College students.
Agencies told to work together to maintain drainage system, prevent floods in Pahang
KUANTAN (Dec 17): The could have been a “failure in coordination between the local authorities and the Irrigation and Drainage Department” as “the same old problems” of flood are occurring in Pahang, said state Local Government and Housing Committee chairman Abd Rahim Muda.
UPDATE: Tmall-endorsed store to open in KL – report
PETALING JAYA (Dec 15): Lumahgo Sdn Bhd will open a store endorsed by Tmall, a unit of the Alibaba Group, at Viva Home Shopping Mall, Kuala Lumpur, reported The Star.
Malaysia has 51 polluted rivers
KUALA LUMPUR (Dec 10): Energy, Science, Technology, Environment and Climate Change Deputy Minister, Isnaraissah Munirah Majilis, told Parliament today that the country has 51 ailing rivers, reported Bernama today.
PAC: Reason for delay in revealing 1MDB audit report 'tampering' will be given later
KUALA LUMPUR (Dec 6): The Public Accounts Committee (PAC) will wait until the end of its inquiry to reveal the reason given by senior executives of the National Audit Department, if any, for waiting until last month to publicly allege that the 1MDB final audit report was tempered.
EPF revises up basic savings target to RM240,000
KUALA LUMPUR (Nov 28): The Employees Provident Fund (EPF) will be revising the quantum for Basic Savings from the current RM228,000 to RM240,000 effective Jan 1, 2019.
UOA posts marginal slide in 3Q profit as cost of sales climb
KUALA LUMPUR (Nov 27): UOA Development Bhd's net profit dipped a marginal 1% in its third quarter ended Sept 30, 2018 (3QFY18) to RM92.
Airbnb to collect and remit tourist tax on behalf of host and guest
KUALA LUMPUR (Nov 26): Airbnb and local authorities are discussing the implementation of Voluntary Collection Agreements (VCAs) which will enable the platform to collect and remit tourist tax on behalf of its hosts and guests in Malaysia.
