The Real Deal, quoting Genting Group's press release, reported that Resorts World Miami inked the deal with Loud and Live to use the 5.8ha (14.6 acre) site as an event venue.

It said the global economy has strengthened amid strong growth in global trade, while Asian economies are driven by sustained domestic activity and strong external demand.

The latest arrest brings the number of people arrested by the MACC over the Penang tunnel probe to four.

Group earnings were dragged down slightly by higher operating costs in management services.

“Our financial results are reflective of the soft property market that continues to impact the industry."

Memorandum of Understanding with CRRC Urban Traffic Co Ltd and Shentong Express Co Ltd.

Gross rental income dropped 8.2% to RM82.35 million from RM89.73 million previously.

Moving forward, KLCCP Stapled Group said it will continue to focus on building long-term value across its portfolio.

The corporation is offering to halve the arrears of RM268,258.25.

CMMT expects the muted business and consumer sentiments to remain amid concerns over the rising cost of living.