CLMT’s 3Q NPI jumps 53% to RM58 mil, pays 1.05 sen DPU
Distributable income for the quarter under review grew 29% to RM28.
Glomac CEO urges deferment of 4% stamp duty on foreign buyers as property, construction sectors not back in 'era of stability'
Datuk Seri Fateh Iskandar Mansor said it is not the best time for the government to implement such measures as the local property market is slowly recovering from the Covid-19 pandemic and headwinds from rising inflationary pressures.
.jpg)
Airbnb collaborates with PLANMalaysia on guidelines for short-term rental accommodation
PLANMalaysia has conducted a series of engagements with stakeholders including federal government agencies, state and local authorities, online travel platforms, hoteliers and host associations.
Local Government Ministry successfully revives 256 private housing projects worth RM23.37b
“The ministry has also taken action to freeze 20 housing development accounts (HDA) for projects in the sick category.
Raising OPR 'no longer relevant' after inflation rate decline, says deputy finance minister
Ahmad Maslan emphasized that the government is closely monitoring the movement of the Malaysian ringgit, as it affects the prices of imported goods.
EP Manufacturing to build car producing plant in Melaka to serve BAIC, GWM
In a joint statement with the Malaysian Investment Development Authority (Mida) on Friday, EPMB said that the new facility will unfold in several phases at the HICOM Pegoh Industrial Park in Alor Gajah, Melaka.
Industronics inks MOA for development of Langkawi duty-free city
The mature electronics company signed the MOA with Echo Asia (Hong Kong) Ltd, an affiliate of Hong Kong-listed Echo International Holdings Group Ltd, and CHEC Construction (M) Sdn Bhd, a wholly-owned subsidiary of China Harbour Engineering Company Ltd.
Managed industrial parks will attract high-value investment amid ESG trends, says Knight Frank Malaysia
Presenting Knight Frank Malaysia's white key paper titled “ESG by Design: Selangor’s Path To Sustainable Industrial Real Estate”, Frank Malaysia executive director Allan Sim said: “With the launch of Selangor’s Managed Industrial Park (MIP) standard, coupled with green features certification and ESG adoption, MIP developments are expected to attract high-value investment.
Budget 2024: HBA’s response
HBA’s suggestion is for the “Special Guarantee Fund” to be monitored by the Ministry of Finance with an intelligent team undertaking the selection process of responsible housing developers, reputed contractors/builders and white knights who have proven track records and good financial standing.
