SME Bank files RM36.5m claim against Seacera
KUALA LUMPUR (Aug 20): SME Bank Bhd has filed a RM36.
Maybank HouzKEY now available for Berjaya Land's The Tropika
KUALA LUMPUR (Aug 19): Berjaya Land Bhd (through its subsidiary company Berjaya Golf Resort Bhd) is partnering Maybank Islamic Bhd (Maybank) to offer its HouzKEY home financing solution for the developer's latest development The Tropika, Bukit Jalil.
Thai REIT backs out of plan to buy two KL hotels: Report
KUALA LUMPUR (Aug 17): Stock Exchange of Thailand-listed Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust (SHREIT) has decided to “back out of a deal to acquire two hotels” here, reported The Edge Malaysia.
Hotels facing headwinds
Visit Malaysia Year 2020 (VMY2020) is around the corner, but the hospitality sector does not have high hopes that it will be a key performance driver for the sector.
Building materials sector expected to stay challenging in near term: HLIB Research
KUALA LUMPUR (Aug 15): The building materials sector is expected to remain challenging throughout 2019 despite improving news flow for the construction sector, according to Hong Leong Investment Bank Research (HLIB Research).
Singapore likely to fall into technical recession, says AmBank Research
KUALA LUMPUR (Aug 13): AmBank Group Research expects Singapore's gross domestic product (GDP) growth to slow down and to likely fall into 'technical recession', ie two quarters of negative growth.
Bank Negara Malaysia to redevelop its mint
KUALA LUMPUR: Bank Negara Malaysia (BNM) plans to demolish its mint — Kilang Wang Bank Negara Malaysia building — in Persiaran Selangor, Shah Alam, and redevelop the site as part of its mint modernisation project.
Malaysia 2Q2019 GDP growth to be stronger, says AmBank Research
KUALA LUMPUR (Aug 13): AmBank Research expects Malaysia’s gross domestic product (GDP) growth to be stronger in 2Q2019.
Another rate cut by BNM soon?
KUALA LUMPUR (Aug 13): After the aggressive interest rate cuts last week by a handful of Asian central banks that surprised the markets, there is strong expectation that more countries will follow suit in the coming months.
RHB partners Malaysian Retail Chain Association to support retailers, SMEs
KUALA LUMPUR (Aug 8): RHB Banking Group is partnering Malaysian Retail Chain Association (MRCA) to support more than 400 leading retail chain store operators, franchisers as well as small and medium enterprises (SMEs) through the Malaysia International Retail & Franchise Exhibition 2019 (MIRF).
