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KUALA LUMPUR (July 7): In our cover story this week, we look at the SS16 neighbourhood in Subang Jaya. Zoned as a commercial area, it houses commercial and office developments such as Subang Parade mall, Nu Empire Shopping Gallery, Menara Mesiniaga, AEON BiG Subang Jaya, Wisma Consplant 1 and Wisma Consplant 2. Over the years, its landscape has changed as more serviced apartments come up in the area.
China's BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China, where it is an electric vehicle (EV) market leader, the companies said on Saturday.
The Malaysian Anti-Corruption Commission (MACC) has arrested a company director for submitting suspected false claims worth RM527,375.
Projek Lintasan Kota Holdings Sdn Bhd (Prolintas), the holding company of Projek Lintasan Damansara-Shah Alam Sdn Bhd (PLDASH), reiterated on Saturday that it had fulfilled all verified and certified payment obligations to the work package contractors (WPCs) involved in the Damansara-Shah Alam Elevated Expressway (DASH) project according to their respective contracts.
The Malaysian Anti-Corruption Commission (MACC) has formed a special investigation team to scrutinise the documents provided by the Ministry of Human Resources (MOHR) regarding issues involving the Human Resource Development Corporation (HRD Corp).
The government is focusing on the recovery of 1Malaysia Development Bhd (1MDB) assets, following the settlement agreement between the US Department of Justice (DOJ) and fugitive Low Taek Jho, also known as Jho Low, said Home Minister Datuk Seri Saifuddin Nasution Ismail.
The government will conduct further review concerning the two foreign worker management systems alleged to have overlapping functions, as revealed by the Public Accounts Committee (PAC) on Wednesday.
Premier Tan Sri Abang Johari Tun Openg has indicated that there will be an official signing ceremony for Sarawak to acquire a major stake in “a bank” — widely understood to be Affin Bank Bhd (KL:AFFIN) — on July 19.
The Ministry of Rural and Regional Development will resolve the RM286.30 million loss of Mara Incorporated Sdn Bhd (Mara Inc) highlighted in the Auditor General's Report and ensure it does not recur, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
Bank Negara Malaysia (BNM) clarified on Saturday recent commentaries related to the implementation of co-payment requirements for medical and health insurance and takaful (MHIT) products, saying it aims to promote sustainability and affordability.
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