BNM keeps OPR pat at 1.75%; economists expect rate to stay through 2021
KUALA LUMPUR (May 7): Bank Negara Malaysia kept the overnight policy rate (OPR) pat at its historic low of 1.
Report: Ismail Sabri says no inter-district travel during Hari Raya Aidilfitri
KUALA LUMPUR (May 7): Inter-district travel will not be allowed during Hari Raya Aidilfitri in states placed under the movement control order (MCO), Utusan Malaysia reported Senior Minister Datuk Seri Ismail Sabri Yaakob saying today.
Appellate court dismisses Penang residents’ appeal against Sunway property development
PUTRAJAYA (May 7): The Court of Appeal today dismissed the appeal filed by Sungai Ara residents, upholding the Penang High Court’s decision permitting Sunway City (Penang) Sdn Bhd to build a housing scheme development on a hilly area.
Amcorp Properties shares suspended pending material announcement
KUALA LUMPUR (May 7): Trading of Amcorp Properties Bhd shares are temporarily suspended today, pending the release of a material announcement.
Ara Damansara high-rise rental market stable
While landed homes are investors’ darlings, there will always be a market for the more affordable high-rise units.
Stricter movement controls to drag recovery plays, says CGS-CIMB
KUALA LUMPUR (May 6): Rising Covid-19 cases, the reimplementation of the movement control order or MCO 3.
Covid-19: Malaysia reports 3,551 new cases; figure above 3,000 for third straight day
KUALA LUMPUR (May 6): Malaysia today recorded a total of 3,551 new Covid-19 cases, pushing the cumulative figure of positive cases in the country to 427,927, according to Ministry of Health (MoH) director-general Tan Sri Dr Noor Hisham Abdullah.
Knight Frank London sees record-breaking activities in March
KUALA LUMPUR (May 6): Knight Frank London saw record-breaking activities in March, laying the groundwork for sustained momentum going into the summer as the UK economy reopens.
Sentral REIT 1Q net property income down 4% on-year; up in quarterly terms
KUALA LUMPUR (May 6): Sentral REIT, formerly known as MRCB-Quill REIT, said today first quarter net property income (NPI) fell 4.
Najib's second SRC trial deferred by nine months to March next year
KUALA LUMPUR (May 6): Datuk Seri Najib Razak's (pictured) second SRC International Sdn Bhd trial for three money laundering charges involving RM27 million, scheduled in July, has been shelved until March next year.
