AmFIRST REIT appoints Azlan Baqee as new COO
KUALA LUMPUR (Feb 22): Azlan Baqee Abdullah has been appointed as the new chief operating officer (COO) of AmFIRST Real Estate Investment Trust (AmREIT).
This is what Muji’s first ever hotel looks like
PETALING JAYA (Feb 19): Muji, a Japanese lifestyle brand that extols the virtues of minimalism, simplicity, quality and a brandless ethos, has parlayed its values into the hotel business with its first ever hotel in Shenzhen, China, that opened on Jan 18.
Fire turns CNY joy to sorrow for families in fishing village
SHAH ALAM (Feb 19): Lunar New Year joy turned to anguish and sorrow when the homes of 16 families in Bagan Hailam fishing village, Port Klang went up in flames at about 10 pm last night.
'Penang govt will give no traffic volume guarantee for undersea tunnel project'
KUALA LUMPUR (Feb 12): The Penang government would not be liable for any loss that might be incurred by the RM4 billion undersea tunnel concessionaire if there is a drop in revenue, profit or traffic volume, according to the state government's works, utilities and committees chairman Lim Hock Seng.
Savills Malaysia: Retail remains challenging in short to mid term
KUALA LUMPUR (Jan 23): Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry.
Horizon Village Outlets secures 22 tenants so far
PETALING JAYA (Jan 11): Horizon Village Outlets (HVO) has secured 22 tenants so far – with the latest being Swarovski under specialist retailer Valiram Group — as well as eight others, namely Skechers, Lancaster, Cosas United, Focus Point, Multi.
Malaysia tops Southeast Asia as new retail expansion market
KUALA LUMPUR (Jan 3): Malaysia is the most attractive place for retail brands to expand into Southeast Asia, thanks to its strategic location, low taxes, and barriers to entry compared with other countries in the region, said Savills Malaysia Sdn Bhd (Savills) deputy executive chairman Allan Soo.
Rawang Bypass opens today
PETALING JAYA (Nov 29): The Rawang Bypass opened at 6am today and is expected to cut travel time between Serendah and Selayang during peak hours to 30 minutes from up to two hours previously.
Johari to meet PM over property freeze
KUALA LUMPUR (Nov 29): A week after highlighting the government will not make a U-turn on its blanket ban on luxury property developments with units above RM1 million, Second Finance Minister Datuk Seri Johari Abdul Ghani says he will ask the prime minister to allow such projects in major cities.