News about ST

KUALA LUMPUR (Sept 26): Construction firm GDB Holdings Bhd has clinched a RM517 million contract to undertake construction works as the main contractor for the Park Regent residential development located at Desa ParkCity here.

KUALA LUMPUR (Sept 26): Malaysia is on track to meet its fiscal deficit target of 3.

KUALA LUMPUR (Sept 26): Senior deputy public prosecutor (DPP) Datuk Seri Gopal Sri Ram produced a document showing that Red Granite Productions Inc had received US$10.

PETALING JAYA (Sept 26): The Real Estate & Housing Developers' Association (Rehda), which represents over 1,000 members across Peninsular Malaysia, says today property developers remain neutral on market prospects for the rest of 2019 although they show more optimism for 2020 as the industry grapples with more unsold units.

KUALA LUMPUR (Sept 26): Datuk Seri Najib Razak’s senior counsel said that the suspension of the RM5 billion Islamic medium term notes (IMTN) issuance would have negatively impacted Malaysia’s ratings, which was why the former premier had decided to go on with the issuance.

KUALA LUMPUR (Sept 26): Widad Group Bhd, formerly known as Ideal Jacobs (Malaysia) Corp Bhd, has secured an RM120.

BEIJING (SEPT 25): Vanke Holdings (Malaysia) Sdn Bhd is committed to working with the Malaysian government to preserve the Bukit Nanas Forest Reserve by providing resources including the relevant technology and technical help.

KUALA LUMPUR (Sept 25): Finance Minister Lim Guan Eng's concern about putting Malaysia's "national considerations at stake" is valid, but the cancellation of the East Coast Rail Link (ECRL) can still be done through proper negotiations without affecting bilateral relations with China, said prominent economist Professor Dr Jomo Kwame Sundaram.

PETALING JAYA (Sept 25): Hotel operators in Hong Kong called on their government to waive rents and even allow properties to offer empty rooms on long-term leases, or for sale, to deal with a steep decline in occupancy and rates brought on by 16 weeks of protests in the city.

KUALA LUMPUR (Sept 25): Hong Leong Investment Bank Bhd says Malaysia's Budget 2020 may include a RM4 billion contingency plan to cushion the nation's economic growth from the prolonged US-China trade tension.