News about US

KUALA LUMPUR (Dec 7): I&P Group Sdn Bhd, now a member of S P Setia Bhd, will be launching the first condominium block at Cemara Damai Residence in Alam Damai, Cheras on Dec 16.

PETALING JAYA (Dec 7): The property sector is expected to stir in 2018 as developers continue to cut prices — by 10% to 15% or more — and adjust to the reality that demand lies in mass-market affordable housing, said AmInvestment Bank in a report today.

KUALA LUMPUR (Dec 7): Permodalan Nasional Bhd (PNB) has sold Santos Place, a prime-grade office building at 32 Turbot Street, Brisbane, Australia for A$370 million (RM1.

KUALA LUMPUR (Dec 5): Mulpha International Bhd has issued the sixth series of notes under its US$200 million (RM818 million) Medium Term Note (MTN) programme.

Vivocom International Holdings Bhd (Dec 4, 13 sen) Maintain buy recommendation with an adjusted target price (TP) of 33 sen per share: Vivocom International Bhd’s nine-month financial year 2017 (9MFY17) earnings came below expectations.

PETALING JAYA (Dec 4): S P Setia Bhd has launched its ‘Jom Pindah’ year-end campaign, offering a slew of products for homebuyers and business owners in the southern state of Malaysia, Johor.

PETALING JAYA (Dec 4): The Melaka Monorail is expected to begin operations today following a four-year hiatus owing to technical issues, reported Bernama.

KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.

KUALA LUMPUR (Nov 29): The government has cancelled the Kuala Lumpur-Klang bus rapid transit (BRT) project as the service will overlap with the proposed light rail transit 3 (LRT3) project, the Dewan Rakyat was told yesterday.

  PETALING JAYA (Nov 29): The Rawang Bypass opened at 6am today and is expected to cut travel time between Serendah and Selayang during peak hours to 30 minutes from up to two hours previously.