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December 10, 2014 10:33 PM No automatic renewals for Kidex, Dash if deals lapse again | Malaysia | Malay Mail Online

Fadillah stressed that any decision on extending the concession agreement of both proposed Selangor highways would be made only after a 'detailed discussion' with government entities. — Picture by Nazerul RamliKUALA LUMPUR, Dec 11 — Putrajaya has given its assurance that both the Kinrara Damansara Expressway (Kidex) and the Damansara-Shah Alam Elevated 3

December 9, 2014 2:42 AM It’s the bumi agenda that runs MAS aground

Vijay47: When the news first emerged that Christoph R Mueller was being made chief executive of MAS Newco, almost every comment in Malaysiakini was to express sympathy to him and caution him of the inevitable interference he could encounter from Umno chauvinists. Right as rain, we have this wannabe-Malay Kepala Batas MP Reezal Merican Naina Merican doing 7

December 8, 2014 3:07 AM Three deputy ministers took Felcra bonus without ministry approval, PAC hears

Former Felcra chairman Datuk Tajuddin Abdul Rahman. – The Malaysian Insider pic, December 8, 2014.Several past and present directors of the Federal Land Consolidation and Rehabilitation Authority (Felcra) including three deputy ministers are facing serious allegations of breach of trust and fiduciary duty for accepting honorariums without approval of the finance 2

December 6, 2014 8:17 AM Group finds Malay stake in economy at 30 per cent

The above inference, strong and logical it may be, concedes a group of professionals, stands to be corrected. KUALA LUMPUR: The government’s methodology and conclusion that the Malay equity ownership target of 30 per cent has not been achieved, according to a group of professionals, Little Stars, in DAP’s elder statesman Lim Kit Siang’s blog, “should 3

December 6, 2014 3:23 AM Gov’t struggles as falling oil prices hit revenue

James_3392: Tapis Crude, WTI, Brent, Dubai, Oman, Ural, etc, are all benchmark prices for crude oil produced in different regions. They may be of varying purity thus require different degrees of refining process, but they are complete substitutes for one another. Similarly, in the rubber trade we have SMR20, STR (Thailand), SVR (Vietnam). They may differ 2

November 24, 2014 11:19 PM German data pushes euro stocks, yen waits pending BOJ speech

An electronic board shows the Nikkei share average (top) and the Japanese yen's exchange rate against the US dollar at the Tokyo Stock Exchange (TSE) in Tokyo. — Reuters picSYDNEY, Nov 25 — The euro clung to modest gains early in Asia today, having benefited from a short squeeze following an encouraging rebound in German business sentiment. Further supporting 1

November 24, 2014 1:45 PM The move to BTS 10:90 made clear in 2012

Minister's letter first para – 1. I refer to "House buyers' nightmare worsens (Off the Cuff, Oct 31) written by Datuk Azman Ujang. In the article, he claimed that the previous housing minister, "…declared in Parliament the mandatory implementation of the build-then-sell (BTS) system by 2015". HBA's reply: From the content of the minister's letter, it is abundantly 8

November 19, 2014 10:24 AM What's behind gov’t company Pembinaan PFI?

KINIBIZ Last August, the Federal Lands Commissioner (FLC) paid RM1.13 billion in rent for using some 186 land parcels across Malaysia. Come next February, it would have to pay another RM1.12 billion, continuing a biannual rent-payment cycle that would only end in 2027 after more than RM29 billion is paid. But the FLC had been using the same land parcels 3

November 19, 2014 3:28 AM HOW MANY MORE '1MDBs' UNDER NAJIB'S CARE: Another MoF firm fails to file its accounts

Written by Ong Kian Ming, Pembinaan PFI Sdn Bhd is a Ministry of Financed owned company which has racked up liabilities of RM27.9 billion making it the government owned company with the third highest liabilities after Petronas and Khazanah according to the 2013 Auditor General’s Report. PFI’s liabilities also seems to have increased at a worrying rate. For example 2

November 18, 2014 2:28 AM DAP MP questions Putrajaya over RM29.2b ‘rental’ for own land

DAP lawmaker Ong Kian Ming has questioned the Ministry of Finance over payment of RM29.2 billion rent on land it already owns. — Picture by Choo Choy MayKUALA LUMPUR, Nov 18 — Calling it “mind-boggling”, DAP lawmaker Ong Kian Ming demanded today the Ministry of Finance (MoF) explain its reasons for making the government pay a whopping RM29.2 billion 2