The MoF, as sole shareholder of 1MDB, has also decided to dissolve the board of advisors of MDB and accepted the resignation of the current board of directors of the state owned fund. These were among the recommendations contained in the PAC report on 1MDB that was released last month.KUALA LUMPUR:...

BY VINCENT TANTHREE Petaling Jaya residents have been appointed by the Petaling Jaya City Council (MBPJ) as Clean PJ Ambassadors, to help in monitoring illegal dumping in their areas.Their appointments were announced by mayor Mohd Azizi Mohd Zain at the start of the council’s pilot three-day...

BY RYANNESH PANICKERIt was announced earlier that the service will be extended to Selayang and Sepang as well. — filepicTHE Selangor state government free bus service will include Puchong from next month.The bus service also known as Selangor Smart Bus Service will be operated by the Subang Jaya...

BY SHEILA SRI PRIYARESIDENTS are urged not to pay money to council-appointed contractors for road resurfacing works.Petaling Jaya mayor Mohd Azizi Mohd Zain urged residents to lodge a complaint to the council if they encountered such an incident.“Members of the public do not have to pay anything...

KUALA LUMPUR: The Minister of Finance Incorporated (MoF Inc) will implement the various recommendations contained in the Public Accounts Committee report on 1Malaysia Development Bhd (1MDB) which include the transfer of four properties and dissolution of the board of advisors.The Finance Ministry...

M&A noted that loan growth in March was lower at 6.4% against 7.4% in February from the slowdown in household and business loans.PETALING JAYA: The banking sector is expected to experience lower loan growth and tight liquidity this year, which would shrink banks’ margin, according to...

THE Indian Progressive Front (IPF) has vowed to change the street signs of Jalan Berhala in Brickfields, Kuala Lumpur, to Tan Sri M.G. Pandithan if the authorities do not act as promised, Tamil dailies reported.IPF Utama president M.V. Mathialagan said the name change was announced eight years ago...

PETALING JAYA: Authorities must come down hard on contractors who fail to take precautions which could jeopardise public safety in and around work sites in the country, said the National Institute of Occupational Safety and Health (Niosh).Niosh chairman Tan Sri Lee Lam Thye (pic) said Tuesday’s...

Bringing it down: The enforcement team demolishing illegal structures at Kg Muhibbah, Sembulan in KK.KOTA KINABALU: More than 40 illegal structures in the city’s eyesore village in Sembulan have been demolished by the authorities.Kota Kinabalu mayor Datuk Yeo Boon Hai said the operation to...

BY NELSON BENJAMINIsmail (right) exchanging documents with Wu (left) to establish the Iskandar Malaysia Greenland Smart City Experimental Centre. Looking on is Mohamed Khaled (second from left).JOHOR BARU: A Chinese developer will be building an experimental centre using advanced technology to...