Australia’s house prices see steepest drop in four decades

Sep 01

Rapidly rising interest rates are also expected to drive further falls going forward.

Eco World International's 3Q net profit plunges 93.39% to RM2.49 million on fewer units handed over

Feb 17

KUALA LUMPUR (Sept 17): Eco World International Bhd's (EWI) net profit for the third quarter ended July 31, 2021 (3QFY21) plunged 93.

Sydney anticipates extended lockdown due to increasing Covid-19 cases

Jul 12

SYDNEY (July 12): The largest city in Australia is expected to extend the current lockdown due to the increasing number of Covid-19 cases caused by the highly infectious Delta variant, reported Reuters.

Aussie home prices climb in fastest pace since 2004, up 13.5% y-o-y

Jul 01

SYDNEY (July 1): Australian home prices grew at their fastest annual pace since 2004 in June as strong demand and tight supply outweighed the drag from coronavirus lockdowns in some cities, reported Reuters.

Over 12 million Australians go under lockdown to curb the spread of Covid-19 Delta variant

Jun 29

SYDNEY (June 29): Close to half of the population of Australia is now in lockdown as the country struggles to contain the outbreak of the highly infectious Delta coronavirus variant, reported CNN.

EcoWorld International achieves total sales of RM1.01b as at May 31

Feb 17

PETALING JAYA (June 24): EcoWorld International has recorded RM283 million sales in 2Q2021 followed by a further RM117 million in May, bringing the year-to-date value of sales contracts exchanged to RM753 million.

Five Malaysians detained in Perth over 'foreign worker exploitation', says report

Dec 22

KUALA LUMPUR (Dec 22): Five Malaysians, all men, were arrested by the Australian Border Force (ABF) in Perth over “suspected involvement in a foreign worker exploitation syndicate within the construction industry”, reported The West Australian today.

Crown Group gears up to launch first Melbourne project

Oct 20

MELBOURNE (Oct 20): Australia-based property developer Crown Group is gearing up for its first Melbourne residential development launch next month despite the overall slow market owing to the Covid-19 pandemic.