Malaysia 2019 retail sales growth revised upwards to 4.9%
KUALA LUMPUR (June 7): Retail Group Malaysia has raised its 2019 growth forecast for the country's retail sales to 4.
Bintai Kinden bags RM20.4m contract for DFTZ works
KUALA LUMPUR (June 4): Bintai Kinden Corp Bhd has bagged a RM20.
CBRE: E-commerce backed retail thrives in China, India
PETALING JAYA: Retail leasing markets in Asia Pacific have been quiet through the first quarter of 2019 and retailers will have to reconsider their operating strategies amid potential economic headwinds that might lead to slower sales, according to real estate market research firm CBRE Research in its “Asia Pacific Retail Trends Q1 2019” report released recently.
HRC World to invest in Yong Tai’s Encore Melaka theatre, reports third consecutive loss-making quarter
KUALA LUMPUR (May 29): Nasdaq-listed HRC World Plc will become a strategic investor in property developer Yong Tai Bhd’s Encore Melaka theatre with the proposed acquisition of a significant stake in the developer’s subsidiary.
Spending on air treatment products spikes in Malaysia, Singapore and Thailand
SINGAPORE (May 28): Market research institute GfK’s Point of Sales tracking has found that consumers across three Southeast Asian (SEA) countries including Malaysia bought more air treatment products in the first quarter of this year (1Q 2019) than a year ago.
Day 19 of Najib's SRC trial: Cross-examination of Ihsan Perdana MD to continue
KUALA LUMPUR (May 28): The Datuk Seri Najib Razak RM42 million SRC International Sdn Bhd trial continues today after a week of non-proceedings with his lawyers to continue cross-examining Datuk Dr Shamsul Anwar Sulaiman.
No decision yet on ECRL’s bumiputera quota
PUTRAJAYA (May 28): Prime Minister Tun Dr Mahathir Mohamad said the government had yet to decide on imposing a bumiputera quota on the civil works that are reserved for local contractors in the East Coast Rail Link (ECRL) project.
Lawyer representing KPKT dropped from Adib inquest over conflict of interest fear
KUALA LUMPUR (May 27): Lawyer Syazlin Mansor was removed from representing the Housing and Local Government Ministry in the inquest into the death of fireman Muhammad Adib Mohd Kassim for fear of conflict of interest.
Budget hotel operators want level playing field
KUALA LUMPUR (May 23): Budget hotels in the country are struggling to keep afloat mainly because of an oversupply of hotels in cities such as KL, lower tourism arrivals last year, completion from Airbnb and online travel agencies (OTA) while the tourism tax and Sales and Service Tax (SST) provided an extra “burden”, The Star reported today.
MPSP: Infrastructure development plan to be hastened
BUTTERWORTH (May 21): The Seberang Prai Municipal Council (MPSP) will speed up its infrastructure development plan following its upgrade to city council status.
