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SINGAPORE (July 19): Religare is recommending investors “do not participate” in the upcoming Singapore initial public offering (IPO) for EC World REIT, citing a number of downside risks.

PUTRAJAYA (July 19): Malaysia and Singapore have signed a Memorandum of Understanding (MOU) to work towards commencing the Kuala Lumpur-Singapore High Speed Rail (HSR) operations by 2026.

PUCHONG (July 19): Hillcrest Gardens Sdn Bhd has unveiled its first Rumah Selangorku project with green features today.

KUALA LUMPUR (July 19): PRG Holdings Bhd is exploring business opportunities in Myanmar and the Philippines to expand the company's construction and real estate development operations.

KUALA LUMPUR (July 19): Ekovest Bhd does not intend to sell its EkoCheras Mall as it plans to keep it for recurring income and to group it with other properties that provide recurring income, like the group’s RM4 billion River of Life project, to form a real estate investment trust (REIT), said its executive chairman Tan Sri Lim Kang Hoo (pictured).

CONTRARY to the expectation of most economists, Bank Negara Malaysia cut the overnight policy rate (OPR) by 25 basis points to 3% last Wednesday, following its counterparts from Indonesia, Singapore and Taiwan.

KUALA LUMPUR (July 18): AmBank (M) Bhd has teamed up with Advelsoft (M) Sdn Bhd to provide bank customers with JomPAY, a platform to make online bill payments for monthly management fees for condominiums and apartments.

KUALA LUMPUR (July 18): Property developer Ekovest Bhd secured key tenants including Golden Screen Cinemas (GSC), Village Grocer, Borders Books, Starbucks and Coffee Bean for its EkoCheras Mall, which is within the RM2.

KUALA LUMPUR (July 18): Naza TTDI Sdn Bhd plans to launch projects worth RM1.

KUALA LUMPUR (July 18): Brace yourself.