Sime Darby's Maya Ara Residences registers 90% take-up via virtual launch
PETALING JAYA (Nov 3): Sime Darby Property today announced a 90% take-up of its latest high-rise product, Maya Ara Residences, which was launched virtually.
Malaysia headed for economic recovery, says DBS
KUALA LUMPUR (Nov 2): DBS Bank said Malaysia’s economy is starting to recover gradually from the Covid-19 crisis following a tumultuous 2020 and 2021, but is maintaining its growth forecasts of 4% for 2021 and 5% for 2022.
Ibraco clinches RM375m construction job in Sarawak
KUALA LUMPUR (Nov 2): Property developer Ibraco Bhd has secured a contract for construction works in Kuching, Sarawak, worth approximately RM375 million.
As critical climate talks begin, company boards told to act swiftly
KUALA LUMPUR (Nov 2): A global network of board directors has made a call for company boards worldwide to act on the climate emergency as the leaders of all nations gather in Glasgow for pivotal climate negotiations.
Domestic tourism to bounce back faster, though full recovery only in 2025, says MATTA
KUALA LUMPUR (Nov 2): Local tour and travel agents expect domestic tourism in Malaysia to rebound faster than earlier anticipated as more people become confident to travel, with 95% of Malaysia's adult population fully vaccinated against Covid-19 as of Oct 19 and as new cases continue to fall.
NCT Alliance to revive and complete Phases 2 and 3 of Genting Valley
KUALA LUMPUR (Nov 2): NCT Alliance Bhd (formerly known as Grand-Flo Bhd), through its wholly-owned subsidiary NCT Noble Sdn Bhd (formerly known as Grand-Flo Noble Sdn Bhd) is set to revive and complete the development of Phases 2 and 3 of the Genting Valley project in Batang Kali, Selangor.
New Covid-19 infection wave the main concern — Malaysian Employers Federation
KUALA LUMPUR (Nov 2): Another wave of Covid-19 infections in Malaysia appears to be the main concern for employers in the country at a time when pandemic-driven movement restrictions are less stringent now to support the rejuvenation of the nation’s economy.
MATTA announces return of MATTA Fair, to be held on Nov 20-21
KUALA LUMPUR (Nov 2): The Malaysian Association of Tour and Travel Agents (MATTA) has announced that MATTA Fair — Malaysia’s largest consumers’ travel fair — is back on Nov 20 to 21, 2021 at the World Trade Centre (formerly known as PWTC) Kuala Lumpur.
Gromutual buys land in Johor from Senai Airport City for RM21m
KUALA LUMPUR (Nov 2): Property developer Gromutual Bhd is buying land in Johor from Senai Airport City Sdn Bhd, a member of the MMC Group, for RM21.
Budget 2022: Malaysia needs GST to weather turbulence ahead, say experts
KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.
