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August 12, 2026
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IMF Turunkan lagi Jangkaan Pertumbuhan Ekonomi Malaysia kepada -3.8%
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IMF Turunkan lagi Jangkaan Pertumbuhan Ekonomi Malaysia kepada -3.8%

Ekonomi Rakyat6 years ago6 years ago02 mins

Tabung Kewangan Dunia pada laporan terbaru mereka menurunkan lagi unjuran pertumbuhan ekonomi pada tahun 2020. Ekonomi Malaysia pada tahun ini dijangkakan akan menguncup kepada -3.8% susulan kesan negatif Covid-19 yang semakin buruk. Angka ini lebih rendah berbanding apa yang diunjurkan pada April lalu iaitu menguncup -2.1%.

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1MDB to Seek Federal Court Leave to Appeal Ruling on White & Case Jurisdiction

1MDB to Seek Federal Court Leave to Appeal Ruling on White & Case Jurisdiction

by Dini Yusrina on August 12, 2026 at 9:48 am

KUALA LUMPUR, August 12, 2026 - The Court of Appeal on Wednesday allowed an appeal by UK-based law firm White & Case LLP, ruling that the Kuala Lumpur High Court lacks the jurisdiction to hear a US$1.86 billion (US$1.83 billion and US$33 million) fraud lawsuit filed against it by 1Malaysia Development Berhad (1MDB).

Tex Cycle Accelerates Environmental Expansion with Key Synergies and Strategic Collaborations

Tex Cycle Accelerates Environmental Expansion with Key Synergies and Strategic Collaborations

by Dini Yusrina on August 12, 2026 at 9:27 am

KUALA LUMPUR, August 12, 2026 - Tex Cycle Technology (M) Berhad registered a 180 per cent year-on-year surge in revenue to RM24.1 million for the second quarter ended June 30, 2026 (Q2 FY2026), up from RM8.6 million in the corresponding quarter last year.

RM299 Million Kanopi Residences Achieves 90% Take-Up Ahead of 2027 Completion

RM299 Million Kanopi Residences Achieves 90% Take-Up Ahead of 2027 Completion

by Dini Yusrina on August 12, 2026 at 9:25 am

KUALA LUMPUR, August 12, 2026 - has celebrated the topping-off ceremony for Kanopi Residences, marking a structural milestone for its inaugural high-rise residential development within the 350-acre Elmina City Centre commercial hub.The 36-storey residential tower carries a gross development value (GDV) of RM299 million and has recorded a 90 per cent take-up rate since its official launch in the fourth quarter of 2024. Full structural completion and handover are targeted for the third quarter of 2027.Situated on Persiaran Garcinia within the 6,500-acre City of Elmina masterplan, Kanopi Residences comprises 499 freehold residential units with open-plan layouts ranging from 550 to 1,200 square feet. Initial unit pricing starts from RM590,888.Sime Darby Property Township Development Chief Operating Officer Appollo Leong noted that the development advances the group's "15-minute city" urban planning model, providing residents with integrated access to retail conveniences, educational institutions, recreational parks, and transit networks within a short walk or cycle.The project incorporates an afforestation design theme featuring more than 35 wellness-oriented facilities. Located adjacent to the 2,700-acre Bukit Cherakah Forest Reserve and approximately 300 metres from Elmina Lakeside Mall, the development offers direct connectivity via the Guthrie Corridor Expressway (GCE) and Damansara-Shah Alam Elevated Expressway (DASH).Photo: Sime Darby Property

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