RHB Research: Movement restriction order negative for construction and basic materials sectors
KUALA LUMPUR (March 18): Malaysia's movement restriction order is negative for the construction and basic materials sectors, said RHB Research.
AirAsia adds fixed-fare late-night flights for Chinese New Year
SEPANG (Jan 7): AirAsia Group Bhd will add special late-night flights at fixed one-way all-in fares between Peninsular Malaysia and Sabah and Sarawak from Jan 21 to 31, following feedback from the budget airline's guests for it to have fixed low fares for the upcoming Chinese New Year, which falls on Jan 25 and 26.
Human resources ministry tells Utusan to pay outstanding wages, VSS compensation
KUALA LUMPUR (Oct 23): The Ministry of Human Resources has told newspaper publisher Utusan Melayu (M) Bhd — which ceased operations on Oct 9 — and its interim liquidator UHY Advisory (KL) Sdn Bhd, to pay its employees their outstanding wages, as well as compensation for a voluntary separation scheme (VSS) that took place last year.
About 23% of EPF members contribute less than the minimum wage
KUALA LUMPUR (Dec 6): About 23% or 1.
Scientex to speed up development of affordable homes in next 10 years
KUALA LUMPUR (Nov 7): Scientex Bhd is looking to accelerate its development of affordable housing units, and plans to build 32,500 units over the next 10 years to meet its 50,000 homes target by 2028.
JKPTG sets up fund to help solve strata title woes
PETALING JAYA (April 19): The Department of Director General of Land and Mines (JKPTG), which falls under the Ministry of Natural Resources and Environment, has established a Strata Ownership Special Fund (Tabung Khas Hak Milik Strata) with an allocation of RM12.
What happened at the 11th Malaysian Property Summit?
The 11th Malaysian Property Summit, held at the Sime Darby Convention Centre on Jan 23, featured topics that covered residential, commercial, retail, and industrial properties as well as the northern and southern regions of Peninsular Malaysia.
‘Integrated registry can help address land conflicts’
KUALA LUMPUR (Nov 16): The conflict between the federal and state governments in terms of land ownership and administration in Malaysia can be better addressed if an integrated cadastral mapping and land registry system is introduced, says the World Bank.
Tropicana's 2Q net profit rises 44% to RM33.3 mil
KUALA LUMPUR (Aug 25): Higher contribution from property projects coupled with reduced finance charges from degearing initiatives helped lift Tropicana Corp Bhd's second quarter net profit by 43.
Hap Seng buys Kuala Selangor plots for RM228.75 mil
KUALA LUMPUR (June 16): Hap Seng Consolidated Bhd is buying 36 parcels of freehold agricultural land with an aggregate land size of 1,449.
