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KUALA LUMPUR (April 16): Capitaland Malaysia Mall Trust (CMMT) saw its net property income (NPI) for the first quarter ended March 31, 2021 (1QFY21) drop 26.

The National Property Information Centre (Napic) has unveiled the Annual Market Report 2020 on April 5, 2021.

KUALA LUMPUR (April 14): Sarawak-based Sarawak Consolidated Industries Bhd (SCIB) is acquiring a loss-making construction firm in Seri Kembangan, Selangor for RM4.

KUALA LUMPUR (April 13): CapitaLand Malaysia, a unit of Singapore-listed CapitaLand Ltd, said it is the first mall operator in Malaysia to onboard seven malls within its portfolio onto Grab's Malls by GrabMart platform.

KUALA LUMPUR (April 12): Mobilus Sdn Bhd, a joint venture between Ireka Corp Bhd and CRRC Urban Traffic Co Ltd (a member of CRRC Group), has launched the Automated Rapid Transit (ART) System on April 8 at the Iskandar Malaysia Bus Rapid Transit (IMBRT) pilot testing programme launch.

KUALA LUMPUR (April 5): Sunway Group founder and chairman Tan Sri Dr Jeffrey Cheah sees some light at the end of the tunnel for businesses after the Covid-19 pandemic outbreak last year, with a brighter outlook offered by vaccines and pent-up demand.

The big-budget Iskandar Malaysia Bus Rapid Transit (IMBRT), if implemented well, could improve the connectivity within major business hubs in Iskandar Malaysia.

Centred at Johor Bahru, the entire RM2.

Like Malaysia, Singapore is also seeing pay cuts and job losses.

SINGAPORE (March 24): The major restructuring plan by CapitaLand to consolidate its fund management and lodging business into a new entity as well as taking its property development business private may pave the way for other industry players to follow suit, reported Bloomberg.