Japan's Marubeni Corp Backs Local MRO's Ambition, Sees Big Aviation Opprtunities In Malaysia

SHAH ALAM, May 8 (Bernama) -- Japan’s Marubeni Corporation sees Malaysia’s location at the centre of Southeast Asia as ideal for developing the region’s aviation industry.

Ar-Rahnu Express Opens Kota Bharu Branch

KOTA BHARU, May 7 (Bernama) -- Ar-Rahnu Express, a shariah-compliant pawnshop brand under homegrown jeweller Habib Group, has launched its newest 10th branch at Mydin Tunjong here today. 

CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln

KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million. 

Labuan IBFC Records Robust Growth Across Key Sectors In 2024

KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded robust growth across key sectors in 2024, with developments driven by regulatory adaptability and market innovation.

U Mobile Appoints CT Sabah As 5G Circuit Leasing Partner

KUALA LUMPUR, April 24 (Bernama) -- U Mobile Sdn Bhd has signed a term sheet agreement to appoint Celcom Timur Sabah (CT Sabah) to deploy 5G leased circuits in Sabah and the Federal Territory of Labuan.

MAG Sees Opportunity In China’s Boeing Delivery Halt

By Karina Imran

KUALA LUMPUR, April 20 (Bernama) -- Malaysia Aviation Group (MAG) is exploring the possibility of accelerating its Boeing aircraft acquisition timeline, following delivery slots potentially vacated by Chinese carriers due to the ongoing United States (US)-China trade war. 

Bank Rakyat Offers Up To Six-Month Payment Deferment To Putra Heights Blaze Victims

KUALA LUMPUR, April 3 (Bernama) -- Bank Rakyat offers special assistance to defer monthly installment payments to individuals and business customers affected by the recent gas pipeline fire incident in Putra Heights. 

CCOB Aims To Have Consumer Credit Bill 2025 Gazetted By Year-end

By Zairina Zainudin

KUALA LUMPUR, March 21 (Bernama) -- The Consumer Credit Oversight Board (CCOB) task force aims to have the Consumer Credit Bill 2025 gazetted by the end of this year, said Bank Negara Malaysia Assistant Governor Abu Hassan Alshari Yahaya.

IOI Properties Unveils Bangi Fresco, Elevating Lifestyle In Klang Valley South

BANGI, March 20 (Bernama) -- IOI Properties Group Bhd (IOIPG) has unveiled Bangi Fresco, the next evolution of its signature Bandar Puteri Bangi township, further elevating the lifestyle landscape of Klang Valley South with a dynamic new retail hub.

Govt's Investment Injection In Sapura Energy 'A Beacon Of Hope' For Vendors

KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.

Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.