Bernas takeover to proceed

(FMT) - The opposition failed in its bid to question the proposed acquisition of Padiberas Nasional Berhad (Bernas) by tycoon Syed Mokhtar al-Bukhari. The House rejected two back-to-back…

PKNS plans RM1b housing projects

Tanu Pandey, FMT KUALA LUMPUR: The Selangor State Development Corp (PKNS) hopes to undertake housing projects worth a gross development value (GDV) of RM1 billion this year. “The development…

PKR targets 60% of Malay votes

(FMT) - PKR said it has captured 45% of the Malay votes and is targeting to hit 60% as the party intensifies its campaign with less than a week to go before the Kajang by-election. PKR’s Kajang…

Sarawak seeks 20 percent oil royalty

(WikiSabah) - New Chief Minister Tan Sri Adenan Satem hopes to get the Federal Government to agree to 20 pc oil royalty for the State. "I would like to have 20pc royalty, sure," he said, "but…

Malaysia ‘facing a melt-up’

Kazi Mahmood, FMT In case you are wondering, Malaysia is now in the middle of a “melt-up”, a recognised global phenomenon with the familiar symptoms of rising cost of living and a return of…