News by BERNAMA

The Negeri Sembilan state government has agreed to provide a 20% rental reduction for all tenants of local authority (PBT) premises from June to December this year, involving a total cost of RM1.4 million.

Bank of America has opened its new office at Merdeka 118 here, underlining the bank’s long-term commitment to Malaysia.

The National Economic Action Council (MTEN) has urged local authorities and state governments nationwide to immediately reduce rental rates for premises and shops under their management.

The flood retention pond capacity in the capital is now estimated at only about 30% of its original size following the reduction of the Jinjang and Batu flood retention ponds due to development on 17 land lots.

The Kuala Lumpur City Hall (DBKL) has successfully reduced flood and waterlogging hotspots across the city from more than 30 previously to only 14 through drainage upgrades and mitigation projects.

The development of the Johor-Singapore Special Economic Zone (JS-SEZ) is now one of Johor state government’s main pillars to address the issue of brain drain.

The series of technical negotiations between Malaysia and Singapore to coordinate the standard operating procedures (SOPs) for the co-located facilities at the Bukit Chagar Customs, Immigration and Quarantine (CIQ) Complex for the Johor Bahru-Singapore Rapid Transit System (RTS) Link project is ongoing and progressing smoothly.

Chow said the majority of the key matters in the agreement regarding the joint venture company have been finalised, with the agreement signed on April 13.

Home-grown designer toy company Milolo Bhd aims to open five retail outlets in Peninsular Malaysia over the next two years.

The Sinar Lestari programme under the Malaysian Islamic Economic Development Foundation (YAPEIM) continues to have a positive impact on those in need, with a total of 268 houses built nationwide to date.