Sheda: Minimum wage hike may increase unemployment rate

KUCHING (Feb 8): An increase of the minimum wage may lead to an increase of unemployment rate as employers may end up hiring fewer workers due to the high cost, said Sarawak Housing and Real Estate Developers’ Association (Sheda) president Augustine Wong Chung Ho.

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Jiankun enters JV for RM1.2b GDV Kampung Baru PKNS flat redevelopment

KUALA LUMPUR (Jan 27): Jiankun International Bhd has entered into a joint venture (JV) agreement with Menara Rezeki Sdn Bhd (MRSB) and Menara Rezeki Properties Sdn Bhd (MRPSB) to redevelop the Flat PKNS Jalan Tun Razak in Kampung Baru here into a mixed residential and retail development with a gross development value (GDV) of RM1.

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