News about FIC

KUALA LUMPUR (April 16): Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%.

KUALA LUMPUR (April 13): Hong Leong Investment Bank (HLIB) Research has maintained its "neutral" rating of Malaysian real estate investment trusts (REITs) following relaxation of the movement control order (MCO).

KUALA LUMPUR (April 12): Mobilus Sdn Bhd, a joint venture between Ireka Corp Bhd and CRRC Urban Traffic Co Ltd (a member of CRRC Group), has launched the Automated Rapid Transit (ART) System on April 8 at the Iskandar Malaysia Bus Rapid Transit (IMBRT) pilot testing programme launch.

KUALA LUMPUR (April 12): The following is a media statement by Dr Ong Kian Ming, reproduced in full.

KUALA LUMPUR (April 8): Office landlords and real estate investment trusts (REITs) in the Asia-Pacific region are well equipped to cope with changes brought on by the Covid-19 pandemic, said S&P Global Ratings.

KUALA LUMPUR (April 7): A total of 69 closed-circuit television (CCTV) video clips at a serviced condominium in Cyberjaya were produced as evidence at the High Court here yesterday, in the US$12.

KUALA LUMPUR (March 26): The World Bank said today Malaysia should have a more coordinated approach in its efforts to lure foreign direct investment (FDI) into the country and the focus should be on providing effective aftercare to investors once they arrive in the country to ensure their investments here stay on for the long term.

KUALA LUMPUR (March 24): Property developer S P Setia Bhd said it had identified several potential areas for business diversification, according to the group’s 2020 Annual Report released today.

KUALA LUMPUR (March 23): Impatient customers are “forcing” food delivery riders to break traffic rules, The Star reported today.

PETALING JAYA (Feb 11): Real estate investment volumes in Asia Pacific declined by 20% in 2020, but were buoyed by a final quarter recovery in which transaction levels remained flat year-on-year (yoy).