Bank Negara Malaysia: “At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects.” KUALA LUMPUR (Nov 6): Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 3% as widely expected as it noted the continued…
Read MoreKUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of RM24 million following an accounting adjustment at its Battersea joint venture (JV) firm. The Ministry of Finance (MOF) said the provision was attributed to EPF’s 20% stake in the JV firm Battersea Project Holding Company Ltd (BPHCL). BPHCL has, in…
Read MoreMOF: EPF books RM24m in provision for London’s Battersea project following IFRS 17 accounting standard treatment The Ministry of Finance (MOF) said the provision was attributed to EPF’s 20% stake in the JV firm Battersea Project Holding Company Ltd (BPHCL). KUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of…
Read MoreDigital Minister Gobind Singh Deo said hosting this event will be a significant step for Malaysia as it continues to develop its capabilities in digital city technologies. BARCELONA (Nov 5): Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the…
Read MoreDigital Minister Gobind Singh Deo said hosting this event will be a significant step for Malaysia as it continues to develop its capabilities in digital city technologies. BARCELONA (Nov 5): Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the…
Read MoreTuju Setia gets RM411m job to build mixed high-rise, landed homes in Kelana Jaya for Sunway Serene 2 The contract involves two blocks of 45-storey serviced apartments with nine levels of podium carparks and two levels of facilities, while the landed properties comprise two rows of two-storey super link residential units and a row of…
Read MoreKUALA LUMPUR (Nov 5): Construction firm Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM39 million contract to undertake earthwork, piling, pile caps and contiguous bored piling works in Jalan Pantai Sentral, Kuala Lumpur. The three-phase contract was awarded to its wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, by GDP Architects Sdn Bhd on behalf of…
Read MoreKUALA LUMPUR (Nov 5): TCS Group Holdings Bhd (KL:TCS) has secured a RM86.38 million contract from Sime Darby Property Bhd (KL:SIMEPROP) for the construction of 60 units of two-storey semi-detached factories at the Elmina Business Park in Sungai Buloh. The two-year contract will commence in December, said TCS, adding that it will fund the works…
Read MoreHence, a three-member COA bench is set to hear the appeals in the historically long-standing land dispute on Thursday — with two appeals on Semantan Estate’s side and one by the FT Land Registrar — which could affect the outcome of the 263.27-acre (106.54-hectare) prime land. KUALA LUMPUR (Nov 5): The liquidator of Semantan Estate…
Read MoreKUALA LUMPUR (Nov 5): The Ministry of Housing and Local Government stated that all housing programme initiatives, as well as the drafting of housing-related laws and regulations, are neutral and do not marginalise or discriminate against any race or religion. The ministry emphasised that the Madani government is firmly committed to the principle that the rights…
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