E&O posts 86% drop in 1Q net profit
KUALA LUMPUR (Aug 25): Eastern & Oriental Bhd (E&O) posted an 86.
JAKS Resources’ 2Q earnings more than triple to RM9.83 mil
KUALA LUMPUR (Aug 23): JAKS Resources Bhd’s net profit for the second quarter ended June 30, 2016 (2QFY16) increased by more than three times to RM9.
Kuala Lumpur Kepong’s 3Q earnings up 2.6%
KUALA LUMPUR (Aug 18): Kuala Lumpur Kepong Bhd’s (KLK) net profit rose 2.
Property market still slow and outlook seems uncertain
THE CURRENT slowdown in the property market doesn’t look like it will pick up anytime soon.
Bank Negara cuts OPR by 25bps for the first time since 2009
KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.
Fewer auctions despite softer property market
KUALA LUMPUR (June 27): Auctioneers are seeing a decline in the number of properties being auctioned off, despite the expectation of more houses or shoplots going under the hammer in the current challenging economic environment.
Property slowdown may not be just a sectoral problem
PROPERTY market cycles come and go, but with prolonged weakness, the current slowdown could point to a much larger economic issue.
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Napic: Overall property market slowed down in 2015
PUTRAJAYA (April 19): The overall property market slowed down marginally in 2015 from a year ago – with volume down by 5.
Companies scaling back on office space per head
PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.
Are luxury properties making a comeback despite the slow market?
PETALING JAYA (March 11): Despite developers scaling back on new property launches, the number of new bungalows and garden villa units launched in 2H2015 have jumped to 312 from 24 units in 1H2015, according to the Real Estate Housing Developers Association of Malaysia (Rehda) Property Industry Survey 2H2015.
