EVENING 5: Five things you need to know today

EVENING 5: Five things you need to know today
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EVENING 5: Jalil Rasheed is Berjaya Corp CEO

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Ex-PNB boss Abdul Jalil Abdul Rasheed is the new CEO of Berjaya Corp, marking the first time the position is held by a non-member of the Tan family.

2. The World Bank says Malaysia will become a high-income nation by 2024-2028, but needs structural reforms to move forward.

3. Top Glove is charged for failing to provide workers’ lodgings that meet the minimum standards of housing and amenities.

4. Melaka-based property developer Teladan Setia Group makes a commendable debut on Bursa’s ACE Market with a 25% premium.

5. The Ministry of Finance is undertaking a study on how to widen Malaysia’s revenue base, including reinstating the GST.