News about ER

KUALA LUMPUR (June 25): Malaysia recorded yet another deflation in May — the third monthly deflation in a row — but this is no reason for Bank Negara Malaysia to further cut the Overnight Policy Rate (OPR), said economists.

KUALA LUMPUR (June 25): The International Monetary Fund (IMF) has revised its Malaysia 2020 gross domestic product (GDP) forecast to a 3.

Sold for: RM2.

KUALA LUMPUR (June 24): The High Court today allowed the prosecution to amend the charge in the 1Malaysia Development Bhd (1MDB) audit tampering case as the judge ruled that it would not prejudice former prime minister Datuk Seri Najib Razak (pictured) and former 1MDB president Arul Kanda Kandasamy.

KUALA LUMPUR (June 24): Singapore would prefer a "step by step approach" to reopening the border with Malaysia, the republic’s Foreign Affairs Minister Dr Vivian Balakrishnan revealed today.

PETALING JAYA (June 24): Although some renowned fashion brands such as Zara and Esprit have announced store closures in Malaysia recently, occupancy rate into the second half of the year (2H 2020) is expected to be relatively stable for established malls in the country.

KUALA LUMPUR (June 24): Hua Yang Bhd's net loss for its fourth financial quarter ended March 31, 2020 (4QFY20) narrowed to RM4.

Sold for: RM690,000 (RM548 psf) Concluded by: Ashley Haw (REN 05137) (011-1289 3610) of Kith and Kin Realty Sdn Bhd When: December 2019  Noteworthy: ● Freehold ● Built-up: 1,259 sq ft ● 3 bedrooms; 2 bathrooms ● Fully furnished unit ● Facilities: tennis court, gym, mini market, sauna, swimming pool and BBQ area.

KUALA LUMPUR (June 23): The Ministry of Health (MoH) announced three new locally transmitted Covid-19 cases today, two of which involve foreigners, together with nine recoveries and no new deaths.

PETALING JAYA (June 23): Elmina Green Three, the latest phase of Sime Darby Property’s City of Elmina township in Shah Alam, Selangor saw 187 units or 85% of the first two phases reserved soon after their previews recently.