MCA revises redevelopment plan on HQ land again
THE Malaysian Chinese Association (MCA) is believed to have resubmitted a fresh plan on the redevelopment of its headquarters on Jalan Ampang, which is less than 1km away from the Petronas Twin Towers.
Hotels facing headwinds
Visit Malaysia Year 2020 (VMY2020) is around the corner, but the hospitality sector does not have high hopes that it will be a key performance driver for the sector.
George Kent, MRCB say LRT3 project funding dispute is over priority of options
KUALA LUMPUR (Aug 16): Both George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) yesterday clarified that the dispute between them over the financing requirements for their joint venture (JV) company that is undertaking the Light Rail Transit 3 (LRT3) project is to do with the priority of funding options.
George Kent, MRCB in LRT3 funding dispute
KUALA LUMPUR (Aug 14): A dispute has arisen between George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) over financing requirements for their joint-venture (JV) company that is undertaking the construction of the Light Rail Transit Line 3 (LRT3).
Nearby developments causing homes to crack, claim residents
Kajang (Aug 13): Cracking walls and sudden sinkholes are worrying residents of Bandar Damai Perdana 2 in Kajang, who claimed the damage is caused by rock blasting activities at two project sites nearby.
Number of Chinese tourists to Malaysia increasing
PETALING JAYA (Aug 9): China’s recent economic slowdown has not seemed to curtail its citizens from holidaying abroad, and Malaysia has been one of the beneficiairies of it.
RHB partners Malaysian Retail Chain Association to support retailers, SMEs
KUALA LUMPUR (Aug 8): RHB Banking Group is partnering Malaysian Retail Chain Association (MRCA) to support more than 400 leading retail chain store operators, franchisers as well as small and medium enterprises (SMEs) through the Malaysia International Retail & Franchise Exhibition 2019 (MIRF).
Masteel's standalone credit profile vulnerable on steel prices fluctuations, MARC says
KUALA LUMPUR (Aug 6): Malaysia Steel Works (KL) Bhd's (Masteel) standalone credit profile remains vulnerable to fluctuations in steel price, fluctuating cost of raw materials and increased competitive pressures in the Malaysian market, according to Malaysian Rating Corp Bhd (MARC).
MRCB bags RM150m contract to supply chilled water to office building in Kwasa Damansara
KUALA LUMPUR (Aug 3): Malaysian Resources Corporation Bhd’s (MRCB) subsidiary has bagged a chilled water supply contract worth an estimated RM149.
BNM may cut OPR again if there is further rate cut by Fed, says MARC
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).
