Environmentalists: Tapping underground water resources may lead to landslides and sinkholes
A number of environmental groups have expressed concerns over the plan to digitally map underground water resources for potential tapping.
Debt Management Committee convenes first meeting to tackle RM1.1 tril debt, liabilities
The government’s massive debt and liabilities of RM1.1 trillion as at end-2018, is about 75.4% of the country’s gross domestic product or GDP.
Mammoth-Exsim JV to complete Empire City Damansara
From the "Party of the Century" where Paris Hilton was enlisted to lend glitz to the mall and upcoming development, to reports of MEH having insufficient funds and of construction delays for ECD1, the rough waters may soon be calm.
Matrix Concepts hits record RM1b revenue in FY2019
Meanwhile, net profit during the quarter rose 50% to RM65.9 million from RM43.9 million previously.
YTL's Yeoh Sock Siong now managing director of Lafarge Malaysia
Michael had been re-designated to be the group's managing director, from previously being an executive director.
Boustead Holdings 1Q in the red
Earnings per share dipped into losses, with a loss per share of 1.11 sen posted in 1QFY19, from 0.30 sen profit per share seen last year.
Kimlun 1Q net profit up 26% to RM15.9m
This brought up earnings per share to 4.8 sen, from 3.91 sen in 1QFY18.
Sunsuria 2Q net profit surges almost 15 times helped by MFRS 15
Likewise, earnings per share shot up to 11.46 sen, from 0.78 sen a year ago.
Retail fuel prices to be kept unchanged from June 1 till June 14
"After June 14, the determination of retail prices for peroleum products will return to original, where the price determination will be done weekly."
Human Rights Watch: Jho Low happy to benefit from human rights abuses when it suited his personal interests
In response to Jho Low’s open letter in which Jho Low said Mahathir’s government has been criticised by the HRW before over human rights issues, and that the seizure of his family home was a “personal vendetta by taking aim at my entire family” and part of a “sustained global media campaign to paint me and my family as “guilty fugitives” to pressure us, irrespective of the law or basic human rights.”
