News about AI

PETALING JAYA (Jan 25): Short-stay leasing platform Airbnb (pictured) said it will continue to work closely with the relevant authorities to craft and implement clear and fair regulations governing short term rentals in Malaysia, it said in a statement today.

IGB Real Estate Investment Trust (Jan 24, RM1.

KUALA LUMPUR (Jan 25): Builder and property developer Ireka Corp Bhd has teamed up with two Chinese firms to look at introducing the autonomous rail rapid transit (ART) system in Malaysia, as it seeks to diversify into the urban transportation and logistics businesses.

KUALA LUMPUR (Jan 24): Yong Tai Bhd is optimistic that its first-of-its-kind theatre, Encore Melaka, will deliver consistent revenue and earnings for the group.

KUALA LUMPUR (Jan 24): Piling and foundation specialist Econpile Holdings Bhd said it is eyeing the Malaysian infrastructure sector to secure more projects.

KUALA LUMPUR (Jan 24): Prasarana Malaysia Bhd said Rapid KL Monorail Line has temporarily suspended operations of its four-car train sets for safety checks.

KUALA LUMPUR (Jan 23): Malaysia Building Society Bhd (MBSB), which has secured its shareholders nod for its proposed acquisition of Asian Finance Bank Bhd (AFB) at an extraordinary general meeting and court convened meeting today, says there would be no staff layoffs, "except for one or two management staff".

KUALA LUMPUR (Jan 23): The e-commerce industry will accelerate the growth of the industrial property market as demand for logistics and distribution centres rises, prompting the development of smaller industrial facilities, said Rahim & Co International Sdn Bhd research director Sulaiman Akhmady Mohd Saheh.

KUALA LUMPUR (Jan 23): Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry.

PETALING JAYA (Jan 22): Considering the challenges faced by the Malaysian retail sector, more retailers are reviewing their business strategy including downsizing, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.