News about Malaysia

PUTRAJAYA (March 31): Malaysians should change their mindset and rent houses for a longer period instead of buying them at a young age so as to avoid being trapped in a huge long-term debt, says Second Finance Minister Datuk Seri Johari Abdul Ghani (pictured).

KUALA LUMPUR (March 30): Crescendo Corporation Bhd's net profit for the fourth quarter ended Jan 31, 2017 (4QFY2017) more than tripled to RM11.

PETALING JAYA (March 30): Malaysia’s house price index grew by 5.

KUALA LUMPUR (March 30): The trading of WCT Holdings Bhd's securities and its structured warrants were halted for an hour, from 9am to 10am today, following an announcement on the issue price of its placement shares being fixed at RM1.

KUALA LUMPUR (March 30): Trading in the securities of Eastern & Oriental Bhd (E&O) has been suspended from 9am today pending a material announcement.

PETALING JAYA (March 29): Luxury residential real estate firm List Sotheby’s International Realty has expanded its footprint to Singapore, making the city-state its Southeast Asia headquarters.

PETALING JAYA (March 29): The launch of the online property auction platform e-Lelong for court auctions which was initially scheduled for today, has been postponed.

KUALA LUMPUR (March 29): Anzo Holdings Bhd said it is not aware of any corporate development that could have contributed to the recent sharp rise in the company’s share price.

PETALING JAYA (March 28): Malaysia’s representative Chai Min Li has emerged as the Platinum winner in the Interior Design category of the regional instalment of Nippon Paint’s Asia Young Designer Award (AYDA) 2016.

KUALA LUMPUR (March 28): The stronger-than-expected inflationary pressure — based on the consumer price index (CPI) that has climbed at the fastest pace in eight years at 4.