Removal of Assets Co main concern of HSR cancellation
The "main concern" that led to the termination of the Kuala Lumpur-Singapore High-Speed Rail (HSR) project was Malaysia's suggestion that the assets company (Assets Co)...
KL-Singapore HSR terminated following lapse in deadline
The Kuala Lumpur-Singapore High-Speed Rail (HSR) project has been terminated, after both countries disagreed on Malaysia's changes by the deadline of Dec 31, 2020. Prime...
Malaysian Economy Showing Signs on Recovery for 2021
Malaysia’s economy is expected to grow by 6.7 percent in 2021 following a projected contraction of 5.8 percent in 2020 caused by the COVID-19 pandemic....
Al-Futtaim sells RHS to GMG
AL-FUTTAIM is selling local sports retail powerhouse, Royal Sporting House (RHS). Al-Futtaim is the parent company of Singapore department store operator, Robinsons. They will be...
Malaysian Companies: No salary increments, bonuses continue in 2021
In launching the annual salary surveys, MEF President Dato’ Dr Syed Hussain Syed Husman J.P. stated that only 58.4% of respondent companies granted salary increase...
PLUS ADVISES INTERSTATE TRAVELERS TO FOLLOW COVID-19 SAFETY SOPs DILIGENTLY AS CMCO IS LIFTED
PLUS Malaysia Berhad (PLUS) announced its support for the Malaysian Government's decision to allow for interstate travel between green zones. This announcement came about as...
KLIA Boosts Airport Safety By Equipping Toilets With Latest UV Disinfection Technology
KL International Airport (IATA Code: KUL) is introducing yet another additional measure to curb the spread of COVID-19 and protect the passengers and airport community....
Fugitive Jho Low now claims 1MDB billions were “loans” to him
Fugitive businessman Low Taek Jho has claimed that millions of dollars siphoned from 1Malaysia Development Berhad (1MDB), Malaysia's debt-ridden state fund, were merely loans to...
Accounting Bodies Give Thumbs Up for Malaysia Budget 2021
According to a report by E&Y, PWC and MIA (Malaysian Institute of Accountants), the recent Malaysian budget for 2021 sets to be the largest ever...
BURSA MALAYSIA, THAI STOCK EXCHANGE AND SHENZHEN STOCK EXCHANGE TO COLLABORATE
Bursa Malaysia Berhad (“Bursa Malaysia”) together with Shenzhen Stock Exchange (“SZSE”) and Stock Exchange of Thailand, hosted the “ASEAN Capital Market Cooperation Seminar (Manufacturing Session)”...