Maintenance Fees: The Hard Truth - JMBs And MCs Lack Expertise, Residents Neglect Responsibility

By Abdul Hamid A Rahman

This is the conclusion of a three-part series on maintenance fee collection in strata properties. It examines enforcement challenges under the Strata Management Act 2013 (Act 757), the role of JMBs and MCs and the responsibilities of owners and tenants. 

FBM KLCI Futures Higher In Early Trade

KUALA LUMPUR, March 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives higher in early trading.

Ringgit Rises Despite Firmer DXY, Outperforms Other Currencies

KUALA LUMPUR, March 13 (Bernama) -- The ringgit strengthened against the US dollar in early Thursday dealings, supported by improved buying sentiment for the domestic currency despite a firmer US Dollar Index (DXY).

Gold Futures Close Higher After Two Days Of Losses

By Danni Haizal Danial Donald

KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Wednesday as the commodity holds steady despite the Ukraine ceasefire and rising United States (US) yields, which could have sparked a deeper selloff, said an analyst.

Govt Has Approved 21 Data Centre Projects Worth RM113.8 Bln Since 2021 - MITI

KUALA LUMPUR, March 12 (Bernama) -- The government has approved 21 data centre projects under the Digital Ecosystem Acceleration Scheme with a total investment of RM113.8 billion since 2021.

Venturetech Invests In Pomen To Drive Digital Transformation For Fleet Maintenance, Workforce Management

PUTRAJAYA, March 12 (Bernama) -- VentureTech Sdn Bhd has announced a strategic investment in Pomen Autodata Sdn Bhd to drive digital transformation for fleet maintenance and workforce management. 

UEM Lestra Team Ups With ACWA Power To Develop IWPP Facilities In Malaysia

KUALA LUMPUR, March 12 (Bernama) -- UEM Group Bhd’s wholly-owned subsidiary and green industries arm UEM Lestra Bhd (UEM Lestra) has partnered with Saudi Arabia’s ACWA Power to conduct a feasibility study and jointly develop renewable independent water and power plant (IWPP) facilities in Malaysia.

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

CPO Futures Close Mostly Higher Amid Stronger Soybean Oil Prices

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher due to stronger soybean oil prices, said palm oil trader David Ng.

Ringgit Closes Lower Against US Dollar Ahead Of US Inflation Data

By Danni Haizal Danial Donald

KUALA LUMPUR, March 12 (Bernama) -- The ringgit closed lower against the US dollar on Wednesday on caution ahead of US inflation data later tonight and as the global trade war escalated.

AKPK Benefits 1.4 Million Individuals As At December 2024 -- MOF

KUALA LUMPUR, March 12 (Bernama) -- The Credit Counselling and Management Agency (AKPK) has benefited nearly 1.4 million individuals through free financial advisory services, as well as assisting approximately 495,000 borrowers through the Debt Management Programme (DMP) as at December 2024.

AEON Credit Fully Redeems RM200 Mln Subordinated Sukuk

KUALA LUMPUR, March 12 (Bernama) -- AEON Credit Service (M) Bhd announced that it has fully redeemed its RM200 million subordinated sukuk today.