Number of Chinese tourists to Malaysia increasing
PETALING JAYA (Aug 9): China’s recent economic slowdown has not seemed to curtail its citizens from holidaying abroad, and Malaysia has been one of the beneficiairies of it.
17 former and current Goldman Sachs directors slapped with criminal charges over 1MDB
KUALA LUMPUR (Aug 9): 17 current and former Goldman Sachs directors belonging to three of its subsidiaries have been slapped with criminal charges over their handling of the 1 Malaysia Development Bhd (1MDB) scandal, with the government seeking custodial sentences.
Property Management: Ask the experts — Regular checks and defects
Q: Which are the main parts of a condominium that must undergo regular checks? There are mandated periodic inspections stipulated by various authorities after the first and/or second year of Vacant Possession.
Berjaya Land redesignates ED Syed Ali to CEO
KUALA LUMPUR (Aug 9): Berjaya Land Bhd (BLand) has redesignated its executive director (ED) Syed Ali Shahul Hameed as the company’s chief executive officer (CEO) effective yesterday.
RHB partners Malaysian Retail Chain Association to support retailers, SMEs
KUALA LUMPUR (Aug 8): RHB Banking Group is partnering Malaysian Retail Chain Association (MRCA) to support more than 400 leading retail chain store operators, franchisers as well as small and medium enterprises (SMEs) through the Malaysia International Retail & Franchise Exhibition 2019 (MIRF).
EITA Resources LRT3 contract value cut 65% to RM67.45m
KUALA LUMPUR: EITA Resources Bhd’s contract to supply lifts and escalators for the light rail transit Line 3 (LRT3) project has been revised, with the contract sum cut by a whopping 65.
Najib-SRC trial : Ex-second finance minister says he 'wanted to cover the prime minister'
KUALA LUMPUR (Aug 8): Datuk Seri Ahmad Husni Hanadzlah told the High Court here today that he did not tell the complete truth on his resignation as second finance minister in June 2016 because he wanted "to cover" the then prime minister (PM) Datuk Seri Najib Razak amid concerns on how 1Malaysia Development Bhd (1MDB) and former 1MDB subsidiary SRC International Sdn Bhd were managed.
Parkson closes store 18 months after opening
KUALA LUMPUR (Aug 6): Department store operator Parkson Corp Sdn Bhd, which shut its 20-year-old store in Suria KLCC earlier this year, has shut another store — the Parkson M Square Mall in Puchong, Selangor.
Masteel's standalone credit profile vulnerable on steel prices fluctuations, MARC says
KUALA LUMPUR (Aug 6): Malaysia Steel Works (KL) Bhd's (Masteel) standalone credit profile remains vulnerable to fluctuations in steel price, fluctuating cost of raw materials and increased competitive pressures in the Malaysian market, according to Malaysian Rating Corp Bhd (MARC).
Property consultant: Stop building serviced apartments in Johor Bahru
PETALING JAYA (Aug 6): A property consultant recently said that developers should stop constructing serviced apartments in Johor Bahru.
