REITs expected to be active in greenfield, brownfield projects
Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for real estate investment trusts (REIT).
Construction landscape likely to remain challenging
Construction sector Maintain neutral: For the recent second quarter of 2018 results season, seven (54%) out of the 13 contractors under our coverage reported core earnings that were below expectations and six (46%) were within.
Vertice partners two local firms to pursue Sarawak projects
KUALA LUMPUR (September 13): Vertice Bhd is partnering two local construction firms to pursue jobs under two infrastructure projects in Sarawak.
Darwin is the laksa capital of Australia, says report
KUALA LUMPUR (Sept 12): A recent report by the Australian broadcaster SBS has named the city of Darwin as Australia’s “laksa capital”.
Putrajaya to announce mechanism on targeted petroleum subsidy by early next year
KUALA LUMPUR (Sept 12): The government expects to disclose the mechanism on the implementation of a targeted petroleum subsidy system by early next year, Deputy Finance Minister Datuk Amiruddin Hamzah said today.
75% of shops & eateries not subject to SST after turnover threshold raised
KUALA LUMPUR (Sept 12): Seventy-five per cent of shops and restaurants are not subject to the new tax system that replaced the goods and services tax (GST), following the increase of annual turnover threshold for the sales and services tax (SST) to RM1.
Not happy with Kampung Baru's modernisation? Go protest at PM, says Daim
PETALING JAYA (Sept 12): Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin has told disgruntled Kampung Baru folk who are unhappy with the development of the area to take it up with Prime Minister Tun Dr Mahathir Mohamad and other leaders of the Malay community instead of just complaining, reported Free Malaysia Today.
Forest City has seen “significant increase” in S'porean, M'sian buyers
PETALING JAYA (Sept 12): There is a significant increase in Singaporean and Malaysian buyers of Forest City units thanks to marketing efforts in its sales galleries within both countries, said Country Garden Pacificview Sdn Bhd (CGPV) in a press statement today.
Medical Associations: Smoking ban at outdoor areas of restaurants will save lives
KUALA LUMPUR (September 11): The government’s planned ban of smoking at open-air restaurants will save lives, as non-smokers will have reduced exposure to poisonous second-hand smoke.
Residents near Highland Towers call for all safety requirements to be met in site redevelopment
PETALING JAYA (Sept 10): Residents living near the site of the Highland Towers site have urged the authorities to ensure that all safety requirements are met before the site is redeveloped, reported The Malaysian Insight.
