Tourism and retail groups urge government to withdraw luxury tax plan
"Every product has differing input costs and is not the sole derivative for the decision on pricing."
Absence of new infrastructure projects a dampener on construction sector, says RHB Research
Adam said the lack of new infrastructure projects in the pipeline, aside from the MRT3, could continue to dampen construction sector sentiment, in addition to the rising cost of building materials, such as steel bars.
Spanish hotel chain to open first INNSiDE hotel in KL this month
Spanish hotel chain Meliá Hotels International is expanding its INNSiDE brand in Asia with the opening of two new INNSiDE hotels in Kuala Lumpur and Bangkok respectively.
Half of household loans are fixed-rate loans, unaffected by OPR hike, says Anwar
Half of the total loan accounts in the household sector are fixed-rate loans that are not affected by the 100 basis point increase in the overnight policy rate (OPR) last year, said Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.
MCT Bhd buys land in Taman Desa for RM65m to develop condominium
MCT Bhd has acquired a 3.9-acre plot of freehold land in Taman Desa here for RM64.65 million to undertake a condominium project with an estimated gross development value of RM500 million.
YNH gets shareholders' nod to sell KL, Perak retail assets for RM423m
Shareholders of YNH Property Bhd gave their nod for the disposal of Kiara 163 Retail Park here and AEON Seri Manjung in Perak for a total of RM422.5 million in cash to ALX Asset Bhd.
Top Builders fails to submit 2Q report, trading suspension continues
Trading of Top Builders Capital Bhd’s shares will continue to be suspended on Bursa Malaysia, as the group failed to file its quarterly report for its second quarter ended Dec 31, 2022 (2QFY2023) by Feb 28 as required under the Main Market Listing Requirements.
Miti approves Tesla’s application to import battery electric vehicles into Malaysia
Putrajaya has approved electric car maker Tesla’s application to import battery electric vehicles (BEVs) into Malaysia, establish a head office, a Supercharger network, as well as experience and service centres.
Sime Darby Property's 4Q net profit surges 64.3% on higher property sales
Sime Darby Property Bhd's (SDP) net profit for the fourth quarter ended Dec 31, 2022 (4QFY2022) surged 64.34% to RM103.15 million from RM62.77 million a year earlier, on the back of higher revenue.
Mah Sing eyes RM2.2b property sales in 2023, proposes three sen dividend for FY2022
Full-year net profit rose to RM180.05 million, from RM160.86 million for FY2021.
