MBSB eyes marginal 3% to 4% revenue growth this year
KUALA LUMPUR (June 17): Malaysia Building Society Bhd (MBSB) expects to increase its revenue by 3% to 4% this year, driven by fee income and trade financing expansion.
Maybank IB: Weaker 2Q property sales expected but sector on track to recover
PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .
Malaysia administered 5.11 million vaccine doses as of June 16 — JKJAV
KUALA LUMPUR (June 17): Malaysia had administered a total of 5.
Vaccine shipment and registrations are the two biggest bottlenecks that could impede vaccination trajectory — EMIR Research
KUALA LUMPUR (June 16): The Covid-19 vaccination rate in Malaysia is currently on track for the country to achieve herd immunity by the end of this year, but the “two biggest bottlenecks” that could impede the current trajectory are vaccine shipments and local registrations, according to think tank EMIR Research.
Phuket may hold key to other Asian tourist hot spots as it reopens July 1
PETALING JAYA (June 16): The plan to reopen the popular tourist island of Phuket in Thailand could serve as an example for other holiday destinations in Asia to relax their borders and attract visitors, said Banyan Tree Holdings executive chairman Ho Kwon Ping in an interview with Bloomberg on June 14.
Mark Zuckerberg and wife buy 600 acres of land in Hawaii for US$53m
KUALA LUMPUR (June 16): Facebook founder Mark Zuckerberg (pictured) and wife Priscilla Chan bought “close to 600 acres” of land on the Hawaiian island of Kauai for US$53 million (RM165 million) earlier this year, according to reports based on public documents.
Ong Kian Ming offers 'pro bono' business consultation services
KUALA LUMPUR (June 16): Bangi Member of Parliament Dr Ong Kian Ming has offered “pro bono” business and consulting advice to businesses that are affected by the current Covid-19 pandemic.
Malaysian Bar urges government to adopt UK hybrid system and reconvene Parliament
KUALA LUMPUR (June 16): The Malaysian Bar has joined the list of parties who have made urgent calls for the government to reconvene parliament.
S P Setia’s RM800m sukuk issuance oversubscribed by 2.3 times
KUALA LUMPUR (June 16): Property developer S P Setia Bhd has successfully priced a RM800 million sukuk issuance, proceeds of which will be used for the group’s project development, refinance its borrowings and general corporate purposes.
BCorp unveils three-year strategic plan to streamline business, unlock value
KUALA LUMPUR (June 15): Berjaya Corp Bhd's (BCorp) newly appointed group chief executive officer Abdul Jalil Abdul Rasheed has revealed a three-year strategic plan to transform the conglomerate back towards profitability.
