‘Revival of megaprojects shows govt is more business-minded’

Rakuten head of research said the roll-out of infrastructure projects is likely to revive the ailing domestic economy, as the multiplier or spillover effect of construction activity is the “fastest and widest” compared to other sectors.

 

Axis REIT 1Q NPI rises 24%, declares 2.35 sen DPU

According to its filing with Bursa Malaysia, realised property income rose 19% to RM53.56 million in 1QFY19 from RM44.95 million a year ago, as revenue climbed to RM53.77 million from RM45.09 million.

 

SD Plantation claims palace was used in Merlimau land deal

SDP claimed it had written to Melaka Chief Minister Adly Zahari several times — specifically on Oct 29, Nov 13, and March 25 this year — to appeal against the state-compelled acquisition. But there has been no reply from Adly’s office.

 

Elmina Valley Five homes 90% taken-up

Phase 1 of EV5, which comprises 168 units, was sold out at launch while Phase 2's 205 units which were launched on April 27 has seen a take-up rate of 83%. Only 37 units are left to be sold.

A better understanding between old friends

Dr Mahathir has made it clear that Malaysia is supportive of BRI as this cooperation gives equal treatment to all participating countries, regardless of the size of the country’s economy and population.