Malaysia retail sales grew 13.7% y-o-y in 4Q2022
In terms of total sale value, Malaysia retail industry in 2022 had recovered to 2019 level.
Tourism and retail groups urge government to withdraw luxury tax plan
The groups believe the proposed luxury tax is a "lose-lose proposition" where the country will "lose foreign tourist arrivals and lose Malaysians from buying locally, coupled with the loss of foreign exchange".
Spanish hotel chain to open first INNSiDE hotel in KL this month
The 238-room INNSiDE by Meliá Kuala Lumpur Cheras is expected to open its doors this month.
Juwai IQI to host two ‘massive’ real estate events on March 2 and 3
The global real estate company stated that the Juwai IQI Exponential Convention and the Juwai IQI Festival 2023 are “set to be the largest real estate events in Malaysia this year, with around 6,000 members from around the world expected to attend”.
S P Setia exceeds target, achieves RM4.11b sales
The property developer declared a final dividend of 1.
Govt plans to upgrade Penang and Subang airports, let private sector develop Carey Island port
The proposed Kulim airport "cannot be considered under current conditions”, said Anwar.
National short-term rental accommodation guide in the works, says Nga
Local Government Development Minister Nga Kor Ming said the guidelines and regulations will be included in the Cabinet Ministers Memorandum paper, led by the Ministry of Tourism, Arts and Culture, to deal with issues that occur at the operational and implementation levels of short-term rental accommodation KUALA LUMPUR (Feb 22): The government is working on a comprehensive short-term rental accommodation (STRA) guide that will be adopted by all local governments in Malaysia, said Local Government Development Minister Nga Kor Ming (pictured).
George Kent posts first quarterly loss since 2003 on lower segment profit, forex loss
George Kent said its 3QFY2023 performance was affected by the challenging business environment amid inflationary pressures, supply chain delays, labour shortages and elevated oil prices coupled with a volatile ringgit.
DONE DEAL: Shophouse, Damai Complex, Kuala Lumpur
DONE DEAL: Bungalow, Country Heights, Kajang, Selangor DONE DEAL: Terrace house, Alor Gajah, Melaka Situated in the heart of Kuala Lumpur, Damai Complex is a development that primarily consists of shops and offices.
