KUALA LUMPUR (Aug 26): Prasarana Malaysia Bhd, which operates the country’s public stage bus and rail services, confirmed that it has been hit by a cybersecurity breach involving part of its internal systems. However, Prasarana assured that the incident had not caused any disruption to its daily operations and that its priority remains on the…
Read MoreKUALA LUMPUR (Aug 26): The Real Estate and Housing Developers’ Association Malaysia (REHDA) is of the view that the Madani Deposit and a programme akin to the Developer Interest Bearing Scheme (DIBS) should only be applied to controlled-price affordable housing. Final details of the initiatives have yet to be released and REHDA opines that both the…
Read MoreFahmi tells DBKL, utility companies to collaborate on mapping underground utilities Kuala Lumpur Mayor Datuk Dr Seri Maimunah Mohd Sharif said she will hold a meeting with the relevant agencies that have underground utilities to discuss utility mapping to avoid untoward incidents, including the one that happened at Masjid India on Friday. KUALA LUMPUR (Aug…
Read MoreIn its 15th instalment this year, the BRC awards ceremony honouring Corporate Malaysia’s best performing and top responsible organisations aims to spur Malaysian companies to be even better at what they do — not just financially, but also as corporate citizens. KUALA LUMPUR (Aug 23): Gamuda Bhd has won the coveted The Edge Billion Ringgit…
Read MoreKUALA LUMPUR (Aug 24): Six sewage manholes around the search and rescue (SAR) operation site for the victim of the sinkhole in front of Malayan Mansion, Jalan Masjid India, are being opened in stages to expand the search area. Dang Wangi District police chief ACP Sulizmie Affendy Sulaiman said the decision to open the manholes,…
Read MoreRadium Development achieves revenue of RM30.6 million for 2QFYE2024, balance sheet remains robust As at June 30, 2024, Radium’s balance sheet remains robust, sporting a cash position of RM278.9 million with a gross gearing ratio of 0.04 times, against shareholders’ funds of RM756.0 million. KUALA LUMPUR (Aug 23): Radium Development Bhd recorded revenue of RM30.6…
Read MoreKUALA LUMPUR (Aug 23): The demand for heavy machinery in construction and mining is poised to grow exponentially moving forward, driven by ambitious infrastructure projects, urban expansion and the need to extract and utilise resources more efficiently. However, this growth must be managed responsibly, with a keen awareness of the environmental and social impacts, said…
Read MoreKUALA LUMPUR (Aug 23): An Indian national woman is reported to have been trapped following a sinkhole incident in front of Masjid India here today. A spokesman for the Kuala Lumpur Fire and Rescue Department said the victim is believed to be a tourist, though no further details are available. “Rescue operations are ongoing, and…
Read MoreKUALA LUMPUR (Aug 23): Sime Darby Property Bhd (KL:SIMEPROP) expects a higher occupancy rate for Phase 3B of Battersea Power Station in the UK at between 50% and 80% by next year, from 20% currently. An increase in the occupancy rate would also help blunt the impact of an accounting rule that dragged on Sime…
Read MoreKUALA LUMPUR (Aug 23): The latest investments by Amazon Web Services (AWS) underscore that Malaysia has much to offer to foreign businesses that go beyond tax incentives, said an economist. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said its strategic location, infrastructure, talent pool and pro-business policies are among its key…
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