Which city is the most expensive for expats?
SINGAPORE (June 13): Singapore is the 12th most expensive location in the world for expatriates, according to findings from the latest Cost of Living survey published by ECA International.
Defence goes into overdrive to prove Najib was not in control of former 1MDB's unit SRC
KUALA LUMPUR (June 11): Today’s afternoon session of the trial against former Prime Minister Datuk Seri Najib Razak over his alleged involvement in embezzling funds from SRC International Sdn Bhd saw the defence going into overdrive to prove he was not in control of the special purpose vehicle (SPV).
Lim Goh Tong's grandson breaks silence amid Donaco leadership transition
KUALA LUMPUR (June 11): Donaco International Ltd, which is linked to the late Genting Group founder Tan Sri Lim Goh Tong's grandsons, said today Benjamin Lim Keong Hoe's (pictured) role as interim chief executive officer (CEO) and managing director has now concluded following Paul Arbuckle's appointment as CEO.
BNM's international reserves slip 0.49% to US$102.3b as at end-May
KUALA LUMPUR (June 11): Bank Negara Malaysia's (BNM) international reserves slipped RM500 million or 0.
Ismee: Najib in control of SRC after memorandum and articles of association changed
KUALA LUMPUR (June 11): Former SRC International Sdn Bhd chairman Tan Sri Ismee Ismail (pictured) told the High Court here today that former premier Datuk Seri Najib Razak, who was appointed as advisor emeritus of the company, has control of the subsidiary of 1Malaysia Development Bhd (1MDB).
Day 22 of Najib's SRC trial: Ismee to carry on with testimony
KUALA LUMPUR (June 11): Former SRC International Sdn Bhd chairperson Tan Sri Ismee Ismail will continue with his testimony during the examination-in-chief by the prosecution, where he is expected to further touch on the running of the company he left in 2014.
Ex-SRC chairman: Najib directed bulk of RM2b funds from KWAP to be transferred overseas
KUALA LUMPUR (June 10): After getting the first RM2 billion loan from Pensioners Trust Fund Inc (KWAP) for SRC International Sdn Bhd, former premier Datuk Seri Najib Razak asked that a total of RM1.
CM: Penang gov't unaware of proposals for two new airports
The Penang government is unaware of two proposals to develop a new airport in Seberang Perai, which may pose a threat to the current Penang International Airport (PIA) in Bayan Lepas.
Day 21 of Najib's SRC trial: KWAP ex-CEO to resume testimony
KUALA LUMPUR (June 10): The 38th prosecution witness, former Retirement Fund (Incorporated) (KWAP) chief executive officer Datuk Azian Mohd Noh, will continue to be cross-examined by lawyers representing Datuk Seri Najib Razak as his SRC International Sdn Bhd trial enters its 21st day today.
‘Taking private money not a good idea for airports’
KUALA LUMPUR (June 10): Using private money to fund public infrastructure like airports is not a good idea, says the International Air Transport Association (IATA).
