Malaysia ranks 27th in 2023 IMD World Competitiveness Ranking
Denmark retained its position at the top of the ranking for the second straight year.
KIP REIT buys KIPMall Kota Warisan for RM80m, proposes private placement to raise up to RM10m
KIP Real Estate Investment Trust (KIP REIT) is buying KIPMall Kota Warisan in Sepang, Selangor for RM80 million cash.
Khazanah-Boustead JV sells assets of discontinued KidZania Singapore to Singapore-listed Sim Leisure for RM380,000
Khazanah Nasional Bhd and Boustead Holdings Bhd have offloaded the assets of discontinued indoor family attraction KidZania Singapore to Singapore-listed Sim Leisure Group Ltd for S$110,000 (RM380,000), after fulfilling the requisite conditions of the deal.
Seremban Engineering sued over payments for subcontract works
Seremban Engineering Bhd (SEB) said it is being sued by construction firm See Yong & Son Construction Sdn Bhd (SYS) over payments for subcontract works.
New PN17 entrant Zelan terminates CEO’s contract
Construction engineering company Zelan Bhd has decided to terminate the contract of its chief executive officer (CEO) Hazimi Baharum.
PAC calls on PM's Dept to declassify report on Defence Ministry's land swap deals
The Public Accounts Committee (PAC) is calling on the government to declassify a report on Ministry of Defence land swap deals that was prepared by the Special Investigation Committee on Public Governance, Procurement and Finance, so that they can be reviewed.
Paramount aims higher sales of RM1.2 bil in FY2023 amid softer outlook
Paramount Corp Bhd has set a sales target of RM1.2 billion for the financial year ending Dec 31, 2023 (FY2023), representing about a 10% increase against the RM1.1 billion sales achieved in FY2022.
UOA Development embarks on F&B business venture with RM21.2m start-up cost
Property developer UOA Development Bhd has proposed to venture into the food & beverages (F&B) business.
Seremban Engineering enters JV with NS Corp to develop Jetty Arang land
Seremban Engineering Bhd and Negeri Sembilan's investment arm NS Corp have entered into a joint venture agreement for the proposed development of three parcels of concession land, which includes the Jetty Arang, that cumulatively measure 26.381 acres in Port Dickson, Negeri Sembilan.
Thirteen PR1MA housing projects still abandoned, to be recovered by end-2024, says deputy minister
Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir said there are 13 projects under the 1Malaysia Housing Programme (PR1MA) that are still abandoned.
