Best Western Hotels & Resorts expands in Thailand

BANGKOK (April 8): Best Western Hotels & Resorts signed its largest ever multi-hotel agreement with real estate developer AD Houses Co Ltd, which will lead to the opening of four Best Western Plus hotels in Thailand this year.

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‘Mortgage rejection rates not as high as 50%’

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

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Pay nothing for up to 12 months for selected IJM Land homes

PETALING JAYA (April 6): IJM Land Bhd is allowing buyers of homes in selected schemes to pay nothing for up to 12 months upon vacant possession, as well as a zero-interest instalment scheme for up to 36 months under its Free Stay @ No Pay campaign, the group announced in a press release today.

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IGB REIT’s fall seen as knee-jerk reaction

KUALA LUMPUR (April 6): IGB Real Estate Investment Trust (IGB REIT) closed in negative territory yesterday on a knee-jerk reaction from investors to news that one of its properties here was involved explosions.

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