Salcon unit bags RM26m job from Gamuda Land
KUALA LUMPUR (June 28): Salcon Bhd’s indirect 60%-owned subsidiary Envitech Sdn Bhd has bagged a RM25.
Land-scarce Jakarta taking houses to the roof
KUALA LUMPUR (June 27): While most land-scarce cities pigeonhole their denizens into vertical blocks, Jakarta has given a fresh twist to the development-in-the-sky concept.
EWI: Rental rates remain resilient despite Brexit
KUALA LUMPUR (June 27): Brexit has had no effect on residential rental rates in London thus far, said Eco World International Bhd (EWI) president and CEO Datuk Teow Leong Seng.
EcoWorld sees jump in sales, thanks to HOC
KUALA LUMPUR (June 27): Eco World Development Group Bhd (EcoWorld) has recorded a profit after tax (PAT) increase of 35% to RM71.
Consumer Claims Tribunal: Contractor to pay homeowner RM17,000
JOHOR BARU (June 27): Sales executive Azlaili Abd Aziz was so unsatisfied with the renovation done on her new home that she decided to take the contractor to the Consumer Claims Tribunal in Menara Ansar here, The Star reported yesterday.
Property overhang can be resolved if MM2H is less stringent
KUALA LUMPUR (June 26): One way to resolve the property overhang is to stop being so strict over Malaysia My Second Home (MM2H) applications from Chinese nationals, said a developer.
Manhattan penthouse bought with stolen 1MDB fund up in the market
KUALA LUMPUR (June 26): A penthouse in Manhattan’s Walker Tower, USA, allegedly purchased with money funnelled from 1Malaysia Development Bhd (1MDB), will be put up for sale.
Econpile awarded RM67.77m in adjudication proceedings against ASM Development
KUALA LUMPUR (June 25): Econpile Holdings Bhd has been awarded RM67.
No bail for North Korean over money laundering charges
KUALA LUMPUR (June 25): A North Korean businessman, who took up the Malaysia My Second Home scheme, has been refused bail by the Magistrate’s Court here after he was indicted by a US court on five counts of money laundering.
'Still quite challenging' for Malaysia to achieve 5% GDP growth in 2019 — SERC
KUALA LUMPUR (June 24): Local think tank Socio-Economic Research Centre (SERC) says it will be "still quite challenging" for Malaysia to achieve a gross domestic product (GDP) growth of 5% for the full year of 2019 due to the contraction in export and slowdown in private investment figures.
