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PETALING JAYA (Feb 1): A 35m pedestrian link which directly connects the Bandar Utama Mass Rapid Transit (MRT) Station to the 1 Utama Shopping Centre has opened today.

KUALA LUMPUR (Jan 30): RHB Banking Group announced today it is raising its base rate (BR) and base lending rate (BLR) by 25 basis points (bps), effective Feb 2, in line with the hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) last week.

PETALING JAYA (Jan 30): One Crown Place, a mixed-use development in London developed by the Malaysian infrastructure conglomerate AlloyMtd Group, will open a luxury hotel in early 2020 within a restored Georgian terrace built in the 1800s, said adviser CBRE Group Inc in a statement today.

Pesona Metro Holdings Bhd (Jan 29, 44 sen) Maintain buy recommendation with a target price (TP) of 70 sen: Pesona Metro Holdings Bhd announced that it had been awarded a RM161.

STOCKHOLM, SWEDEN (Jan 30): IKEA founder Ingvar Kamprad, who built a global business empire with revolutionary flat-pack furniture and was known for his contempt for taxes, died aged 91, the Swedish furnishing giant said last Sunday (Jan 28).

KUALA LUMPUR (Jan 30): S P Setia Bhd said it has fixed the issue price for its 325 million new placement shares at RM3.

PETALING JAYA (Jan 29): There is still concern about the “sustainability” of the retail sector in Kota Kinabalu, Sabah in 2H17 as there is an absence of proposed new launches for the retail sub-sector, which is similar to 1H17, said property consultancy Knight Frank Malaysia.

PETALING JAYA (Jan 29): The second half of 2017 saw some property developers postponing new launches while clearing existing stocks by offering attractive discounts and incentives, including absorbing legal fees, stamp duties and providing furnishing in some projects, according to property consultancy Knight Frank Malaysia.

PETALING JAYA (Jan 29): Penang is top on the national list with approved investments worth RM7.

PETALING JAYA (Jan 29): While several new phases of high-end condominiums and serviced apartments were launched with higher prices psf, more discounts on these properties were also offered amid a slow market, said Knight Frank Malaysia in a report.