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Business 06 Mar 2012 | 12:00 AM

AK near power assets deal

KUALA LUMPUR: Malaysian tycoon Ananda Krishnan is nearing a deal to sell his US$3bil worth of power assets to a government company as he seeks to shed risky businesses, sources said yesterday.

Business 05 Mar 2012 | 12:00 AM

1MDB buys over billionaire Ananda Krishnan’s power assets

PETALING JAYA: The power assets of billionaire T. Ananda Krishnan have been sold to 1Malaysia Development Bhd (1MDB) – the biggest power asset sale in the country, and probably in the region.

Business 24 Feb 2012 | 12:00 AM

Best KLIFD design contest

PETALING JAYA: A global design competition open to architects worldwide is underway to pick the best architectural design for a signature tower in the Kuala Lumpur International Financial District (KLIFD).

Business 18 Feb 2012 | 12:00 AM

Path cleared to turn air base into Bandar Malaysia

PETALING JAYA: 1Malaysia Development Bhd (1MDB) has signed the final five agreements to relocate the existing military and police operations at the Sungai Besi air base in order to make way for its 495-acre Bandar Malaysia.

Community 30 Jan 2012 | 12:00 AM

Fishermen get rewards

KUANTAN: Three fishermen’s associations in Pahang received RM1.5mil in contribution from the 1MDB Foundation, aimed at helping members’ children, families and to improve their livelihoods.

Community 30 Jan 2012 | 12:00 AM

A leg up for creative youths

THREE good friends — Azizul Abd LAtif, 43; Hasnizam Md Zaki, 29; and Mohd Adam Jalaludin, 27 — from Perak had to learnimportant lessons in life before commiting themselves to their passion in art and design.

Nation 22 Jan 2012 | 12:00 AM

Current defamation legislation is sufficient, says Najib

KUANTAN: There is no need to amend the country’s defamation laws as the current legislation is sufficient, Prime Minister Datuk Seri Najib Tun Razak said.

Community 29 Dec 2011 | 12:00 AM

30 run-down homes get facelift

SLEEPLESS nights spent worrying about their leaky roof will now be a thing of the past for families from 30 houses in Pulau Betong, Penang.

Business 24 Dec 2011 | 12:00 AM

1MDB embarks on tender process for KLIFD project

PETALING JAYA: The tender process on major foundations works for the Kuala Lumpur International Financial District (KLIFD) has started, 1Malaysia Development Bhd (1MDB) said.

Business 20 Dec 2011 | 12:00 AM

Digital master plan for KLIFD

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is developing a Digital Master Plan for the Kuala Lumpur International Financial District (KLIFD).