News about IT

KUALA LUMPUR (Feb 5): Khazanah Nasional Bhd's 35%-owned associate, Parkway Life Real Estate Investment Trust (REIT), has sold a non-core industrial property in Japan known as P-Life Matsudo for ¥2.

KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.

KUALA LUMPUR (Feb 4): The Government is in the process of amending the Workers' Minimum Standards of Housing and Amenities Act 1990 to improve workers' accommodation in Malaysia as the nation contends with the spread of the Covid-19 pandemic, Tan Sri Muhyiddin Yassin said today.

KUALA LUMPUR (Feb 4): The construction sector is expected to post an earnings recovery in 2021 following the government’s plans to pump-prime the economy, opined Affin Hwang Capital Research senior associate director Loong Chee Wei.

KUALA LUMPUR (Feb 4): The government is likely to look into the possible reimplementation of the goods and services tax (GST), but the implementation of the tax would likely be in 2022 and into 2023.

KUALA LUMPUR (Feb 4): Malaysia's gross domestic product (GDP) growth is expected to hover around 5% in 2021 due to the second Movement Control Order (MCO 2.

PETALING JAYA (Feb 2): Half of the industry players remain positive about the hospitality sector outlook in the next 12 months, with 45% feeling that the sector is on its way to recovery, albeit contingent on the progressive roll-out of the vaccine and opening up of international travel restrictions, a survey by property consultancy firm Knight Frank revealed.

KUALA LUMPUR (Feb 2): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned dormant subsidiary Stanley Leisure (Ireland) Unlimited Company (SLIUC), which was incorporated in Ireland, was placed under members' voluntary liquidation last Wednesday (Jan 27) pursuant to the provisions of the Companies Act 2014 of Ireland.

KUALA LUMPUR (Feb 1): Malaysia’s economic outlook is set to worsen this year with gross domestic product (GDP) growth in 2021 dipping to 10%, down from 11.

KUALA LUMPUR (Feb 1): Housing and Local Government Minister Zuraida Kamaruddin (pictured) and senior minister for education Radzi Jidin have been conferred the Panglima Mahkota Wilayah award - the “Datuk” title, by the Yang di-Pertuan Agong in conjunction with this year's Federal Territory Day.