BNM keeps OPR unchanged at 3%
KUALA LUMPUR (Sept 12): Bank Negara Malaysia's (BNM) monetary policy committee (MPC), at its meeting today, decided to maintain the overnight policy rate (OPR) at 3%.
Penang to 'work hard' to provide affordable housing
GEORGE TOWN (Sept 12): Penang Development Corp (PDC) will have to “work hard” to provide affordable housing for residents of the state.
Impiana Hotels sells Cherating properties
PETALING JAYA: Impiana Hotels Bhd is selling 146 units of serviced suites in Cherating, Kuantan to Silver Max Asia Pacific Labuan Ltd for RM146 million.
Zuraida: HOC for China and Hong Kong buyers only for high-end houses
PUTRAJAYA (Sept 12): Housing and Local Government Minister Zuraida Kamaruddin said the announced prospective Home Ownership Campaign (HOC) for buyers in Hong Kong and China would not neglect the welfare of Malaysian citizens.
PPM houses will be better than PPR, says minister
KUALA LUMPUR (Sept 12): Housing and Local Government Minister Zuraida Kamaruddin said houses built under the new Malaysia's Housing Project (PPM) will be bigger and have better facilities than the ones built under the People's Housing Project (PPR) which it replaces.
Metronic Global secures RM7.5m contract for mixed development
KUALA LUMPUR (Sept 12): Metronic Global Bhd has won a contract to undertake extra low voltage system works for a proposed mixed development in Kuala Lumpur that will include 616 condominium units.
Hubline buys 75% of property investment firm for RM16.4m
KUALA LUMPUR (Sept 12): Shipowner and charterer Hubline Bhd is acquiring a 75% stake in property investment company Absolute Privilege Sdn Bhd for RM16.
DONE DEAL: Kenny Vale bungalow, Bukit Tunku, Kuala Lumpur
Rented for: RM33,000 (average RM2.
Fernandes: Absurd that M'sia does not have LCCTs
KUALA LUMPUR (Sept 12): AirAsia Group Bhd co-founder and group chief executive officer Tan Sri Tony Fernandes says it is “absurd” that low-cost carriers (LCCs) dominate the Malaysian aviation market, but the country does not have dedicated low-cost carrier terminals (LCCTs).
Jamaluddin Jarjis had fallout with daughter, witness tells High Court
KUALA LUMPUR (Sept 11): The late Tan Sri Dr Jamaluddin Jarjis had a fallout with his eldest daughter Nur Anis Jamaluddin in 2013, over the control of the Teras Dara Konsortium Sdn Bhd (TDK) group of companies which Jamaluddin owned, the High Court was told today.
