MRCB 3Q earnings hit by re-timing of LRT project and absence of divestment gain
KUALA LUMPUR (Nov 22): Delay in the Light Rail Transit (LRT) 3 project and absence of one-off divestment gain have resulted in a sharp 87.
KPKT to meet industry stakeholders to discuss flat rate maintenance fee issue
KUALA LUMPUR (Nov 21): A focus group meeting will be held on Monday (Nov 25) between the Ministry of Housing and Local Government (KPKT) and industry stakeholders including the Malaysian Institute of Property & Facility Managers (MIPFM), the National House Buyers Association (HBA) and representatives from management bodies of strata property to come up with an equitable solution to the issue pertaining to flat rate maintenance charges in mixed developments, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.
MIPFM: Get ready for influx of foreign investors next year
KUALA LUMPUR (Nov 21): Malaysia is expected to be on the radar of foreign investors who are seeking a stable market to invest and to operate from, said Malaysian Institute of Property and Facility Managers (MIPFM) president Adzman Shah Mohd Ariffin.
PPR Seri Cempaka sports court ready for a splash of colour
KUALA LUMPUR (Nov 20): The outdoor sports court of PPR Seri Cempaka public housing scheme in Pantai Dalam, Kuala Lumpur has been patched up and ready for a colourful paint makeover next week! The refurbishment which is under the Sayangi Rumahku campaign, also saw the court being extended by some 20ft to accommodate a futsal and badminton court in addition to the existing netball court.
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Sahabat Alam Malaysia alarmed about hill-cutting and clearing on Mount Erskine
GEORGE TOWN (Nov 18): Sahabat Alam Malaysia (SAM) have raised the alarm over massive earthworks and hill cutting on steep slopes at Mount Erskine.
Nobody claims Equanimity sales proceeds apart from 1MDB, court told
KUALA LUMPUR (Nov 18): The High Court was told that there are no other claims, including from fugitive businessman Low Taek Jho, on the US$126 million sales proceeds of superyacht Equanimity apart from 1Malaysia Development Bhd (1MDB).
Morgan Stanley expects Malaysia's economic recovery to be muted
KUALA LUMPUR (Nov 18): Malaysia's economic recovery is likely to be a muted one due to soft oil prices, ongoing fiscal consolidation, and subdued private capital expenditure (capex) momentum amid lingering political uncertainty, according to Morgan Stanley Research's 2020 Asia Economic Outlook.
For the first time ever, Malaysia's former PM, ex-DPM claim trial on same day
KUALA LUMPUR (Nov 18): Former Prime Minister Datuk Seri Najib Razak and former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi are claiming trial on the same day — a first in Malaysian history.
BNM Governor: Malaysia economic growth 'will remain positive' in 4Q
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said today Malaysia's economic growth will remain positive in the fourth quarter of 2019 (4Q19) and the expansion will be sustained into 2020, anchored by the country's private sector spending and diversified nature of its economy and exports.
OPR cut not a preset course, says BNM
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) said the reduction of the statutory reserve requirement (SRR) ratio, from 3.
