Ringgit to move in range of 4.0893 – 4.1008 against USD today, says AmBank Research
KUALA LUMPUR (Feb 7): AmBank Research expects the ringgit (MYR) to trade between its support level of 4.
Justo of 1MDB fame wants to 'settle down in Malaysia' with family, says report
KUALA LUMPUR (Feb 1): Xavier Andre Justo, the man who played such a large role in exposing the 1Malaysia Development Bhd (1MDB) affair wants to “settle down” with his family in Malaysia, reported Free Malaysia Today (FMT).
AmanahRaya REIT CEO resigns after just 3 months on the job
KUALA LUMPUR (Feb 1): AmanahRaya Real Estate Investment Trust (REIT)’s chief executive officer (CEO) Zalila Mohd Toon, 58, has resigned just after three months on the job.
The Edge chairman gifts 1MDB whistle-blower Justo US$2 million
(Jan 31): The Edge Media Group chairman Datuk Tong Kooi Ong has gifted whistle-blower Xavier Andre Justo RM8.
What about us? M40 group shouldn’t be left out of homeownership incentives, says HBA
PETALING JAYA (Jan 31): With so much focus on easing homeownership for the B40 (bottom 40% income group) the National House Buyers’ Association (HBA) has reminded the government not to forget about the needs of the M40 (middle 40% income group).
Putrajaya mulling 99-year leases in Kg Baru redevelopment, says report
KUALA LUMPUR (Jan 30): The government is mulling leases of up to 99 years "to overcome the challenge posed by the redevelopment of Kampung Baru (pictured) on its reserve land status", Federal Territories Minister Khalid Abdul Samad was reported as saying by Malaysiakini today.
YTL Corp buys The Westin Perth hotel for A$200m
KUALA LUMPUR (Jan 30): YTL Corp Bhd has bought The Westin Perth for over A$200 million (RM591 million), one of the biggest hotel sales in the West Australian capital, according to the Australian Financial Review (AFR).
Unprecedented property glut? Whose fault is it?
KUALA LUMPUR (Jan 30): The glut in homes priced below RM300,000 is due to their “wrong” locations, reiterates the National House Buyers’ Association (HBA).
HBA: Rent out the affordably priced unsold properties if they can’t sell
PETALING JAYA (Jan 30): The National House Buyers’ Association (HBA) has come up with a suggestion to fix the overhang problem of residential properties in the affordable pricing range: rent them out.
