KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).
PETALING JAYA (July 9): All 50 units of Ramah Pavilion condominium in Teluk Kumbar, Penang island, under the developer’s rent-to-own (RTO) scheme were taken up by interested buyers within two months after the scheme was introduced in mid-April.
KUALA LUMPUR (July 9): Former prime minister Datuk Seri Najib Tun Razak today paid up the remaining half a million ringgit of his RM1 million bail over his case involving three counts of criminal breach of trust and one count of abuse of power relating to RM42 million belonging to SRC International Sdn Bhd, reported Bernama.
HANGZHOU (China): Chinese e-commerce giant Alibaba Group Holding Ltd said it remains committed to its plans in Malaysia despite uncertainty created by the Malaysian government’s review of megaprojects awarded by the previous administration.
PUTRAJAYA (July 9): The Ministry of Housing and Local Government (KPKT) has appointed 16 presidents to the Tribunal for Homebuyer Claims and Strata Management Tribunal to tackle the rising number of tribunal case in the country.
KUALA LUMPUR (July 9): It looks like people power in Kuala Lumpur has put the brakes on another high-rise residential project in the metropolis.
KUALA LUMPUR (July 10): As competition intensifies across the world for companies to become the next disruptor in their industries, it is important for business leaders to focus on value-based disruptions.
KUALA LUMPUR (July 9): Consortium Zenith Construction Sdn Bhd (CZC), the contractor of Penang’s RM6.
SHAH ALAM (July 8): The urban well-being portfolio is now under the Ministry of Federal Territories, said minister Khalid Abdul Samad.
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