News about IT

IOI Properties Group Bhd (Oct 21, RM2.

KUALA LUMPUR (Oct 22): The protracted slump of the ringgit against the US dollar, which has plagued importers and harmed consumer sentiment with the threat of imported inflation, has also cast its shadow over the cement industry.

(OCT 21): Cabrits Resort Kempinski Dominica, a luxury hotel in Douglas Bay in Cabrits, will be the first government-approved real estate project under the Citizenship by Investment programme of the Commonwealth of Dominica, under which investors who purchase a share in the development for US$220,000 will be able to obtain citizenship of the country.

KUALA LUMPUR (Oct 21): Ampang Park Shopping Centre owners remain in limbo after their much anticipated meeting with the mall’s management yesterday over the compulsory acquisition of the building.

  SINGAPORE (Oct 21): Malaysia’s first Pan Pacific Serviced Suites, a joint venture by Singapore-based real estate developers Pacific Star and DB2 under their joint member company Pearl Discovery Development Sdn Bhd, is scheduled to open in early 2018 at Puteri Harbour in Nusajaya, Iskandar Malaysia.

LONDON (Oct 20): Battersea Power Station Development Company (BPSDC) and art’otel have confirmed the signing of a hotel management agreement for the art’otel london battersea power station, which is scheduled to open in 2019 in the heart of London.

Minor Hotel Group (MHG), the hospitality unit of Thailand-listed Minor International PCL, has teamed up with Khazanah Nasional Bhd’s Themed Attractions Resorts & Hotels Sdn Bhd (TAR&H) to develop a US$58 million (RM243 million) resort in Desaru, Johor.

  Dubai (Oct 20): Majid Al Futtaim, the leading retailer in Middle East,has achieved the highest “Green Star” status for the second year in a row from the Global Real Estate Sustainability Benchmark (Gresb).

  BANGKOK (Oct 20): Best Western Hotels & Resorts has unveiled the first Vīb hotel, its new lifestyle boutique brand, in Vientiane, Laos.

CapitaLand Malaysia Mall Trust (Oct 19, RM1.