Another 25bps OPR hike expected in January as November inflation stays elevated
In 2022, BNM raised the OPR four times at 25bps each, which upped the OPR level from its record low of 1.
PAM: Approach registered professionals for renovation project
“If you engage a contractor directly, please do ensure that they are reputable by checking with CIDB (Construction Industry Development Board) to ensure that they are properly licensed and not blacklisted.
Genting Malaysia invests another US$100m in Empire Resorts
Genting Malaysia’s share price had come down after the the Malaysian casino and resorts operator announced its investment in Empire Resorts back in August 2019.
AME REIT to acquire industrial properties in Iskandar Malaysia for RM69m
"Upon completion of the proposed acquisitions, AME REIT retains a premium portfolio of 37 properties containing freehold industrial properties and worker dormitories with steady tenancies.
MBSB swings to the black in 3Q amid lower expected credit losses on loans
Better earnings for the quarter were attributed to lower expected credit losses on loans, financing and advances as well as other impairments, which were down by 59% from RM249 million in 3QFY2021 to RM103.
Celebrating Malaysia’s crème de la crème
"This is a unique and meaningful award based totally on merit and judged independently by peers, unlike many other commercially-driven awards.
MBAM bags National Occupational Safety and Health Award
MBAM is also working closely with the Department of Occupational Safety and Health and the Construction Industry Development Board to promote the implementation of OSCHIM.
CapitaLand Malaysia Trust to acquire Penang's Queensbay Mall for RM990.5 mil
The acquisition of Queensbay Mall will deepen CLMT’s presence in Penang, thus strengthening its foothold in the northern region of Malaysia, where it already owns Gurney Plaza and is targeting to complete the acquisition of its first logistics property in Penang in the fourth quarter of this year.
SkyAwani 2 Residence and SkyArena recognised at The Edge Malaysia Property Excellence Awards
SkyAwani 2 Residence was recognised for its outstanding affordable housing projects in terms of quality of product, design, innovation, accessibility and connectivity, liveability, maintenance, community interaction (public and shared-use spaces, safe and secure access), land cost and location.
Bank Negara hikes OPR by 25bps to 2.75% on positive economic growth prospects
The committee’s final interest rate hike of 2022 was in line with Bloomberg median economist expectations and marked the fourth consecutive 25bps hike of this year, translating to a year-to-date increase of 100bps.
