Yong Tai eyes up to 40% revenue from tourism business

KUALA LUMPUR (Aug 28): Property developer Yong Tai Bhd expects its tourism business segment to contribute up to 40% of its revenue starting financial year ending June 30, 2019 (FY19), with the property development business segment taking up the rest.

READ MORE

Freezing approvals of new shopping malls will affect the economy, says PPK

PETALING JAYA (Aug 24): Despite concerns over a possible oversuply of retail malls in the Klang Valley, the authorities should not freeze the development of new shopping malls because that would further dampen the already slow economy in the country, said Malaysia Shopping Malls Association (PPK) adviser Tan Sri Teo Chiang Kok.

READ MORE

Global Oriental expects better FY18 earnings

KUALA LUMPUR (Aug 24): Property developer and restaurant operator Global Oriental Bhd (GOB) is expecting to record better bottom-line growth for its financial year ending March 31, 2018 (FY18) on the back of three upcoming projects.

READ MORE