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KUALA LUMPUR: Sunway Bhd's 60%-owned joint venture with Selangor State Development Corp (PKNS) has entered a privatisation agreement with the latter company to develop a mixed development on a 9.5-acre parcel of leasehold land in Kota Damansara.
PUTRAJAYA: The macroeconomic challenges faced by Malaysia are expected to continue, but the World Bank has reaffirmed its confidence that Malaysia’s aspiration to become a high-income nation by 2024 remains possible, as long as the country’s gross national income (GNI) per capita continues to grow at a range of 4% to 4.5%.
KUALA LUMPUR: Prestariang Bhd’s share price rose as much as 4.4% in active trade this morning after the company secured a RM22.94mil contract.
KUALA LUMPUR: YTL Communications Sdn Bhd has alleged that the Education Ministry has hired three internet service providers for schools when the company offered to do so for free.
HONG KONG: China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than US$2bil in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second largest economy.
THE old order is broken. No less than Russian President Putin has declared the Neoliberal order “obsolete”. We now have to think the unthinkable – every dream has turned into a nightmare – the land of the free no longer seems to welcome anyone, whilst the freest economy in the world is under siege by massive protests.