News about Malaysia

KUALA LUMPUR (Feb 28): Vivocom International Holdings Bhd posted a net loss of RM2.

KUALA LUMPUR (Feb 28): Property developer Selangor Properties Bhd (SPB) anticipates the local property market to remain soft this year against the backdrop of the impending 14th general election (GE14), which causes uncertainties in the market.

GEORGE TOWN (Feb 28): Pilgrims Fund Board (Tabung Haji) chairman Datuk Seri Abdul Azeez Abdul Rahim, served with a letter of demand by Penang undersea tunnel developer Consortium Zenith Construction Sdn Bhd (CZC), said he does not know the company.

KUALA LUMPUR (Feb 27): Sime Darby Property Bhd (Sime Prop) is currently in talks with one or two partners to develop the Malaysia Vision Valley (MVV).

KUALA LUMPUR (Feb 27): Malaysia Pacific Corp Bhd’s (MPCorp) net loss has narrowed by 8.

KUALA LUMPUR (Feb 27): Sime Darby Property Bhd’s (SimeProp) net profit in the second quarter ended Dec 31, 2017 (2QFY18) has declined by 5.

KUALA LUMPUR (Feb 26): Government intervention on supply of affordable housing has resulted in unwanted consequence — unfair competition that deters active participation of the private developers in this segment, according to Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.

PETALING JAYA (Feb 26): Only one child of a government pensioner is eligible for affordable homes offered by the 1Malaysia Civil Servants Housing Programme (PPA1M), said Chief Secretary to the Government Tan Sri Dr Ali Hamsa (pictured).

  PETALING JAYA (Feb 26): The crime rate in Taman Tun Dr Ismail (TTDI) has fallen by 40%, 20 months after a new policing programme was introduced to the neighbourhood, reported The Star.

KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.