GuocoLand drops further into the red in 2Q

KUALA LUMPUR (Jan 10): GuocoLand (Malaysia) Bhd has dropped even deeper into the red for the second financial quarter ended Dec 31, 2019 (2QFY20), due to lower sales of completed units, as well as higher marketing costs.

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PPM houses will be better than PPR, says minister

KUALA LUMPUR (Sept 12): Housing and Local Government Minister Zuraida Kamaruddin said houses built under the new Malaysia's Housing Project (PPM) will be bigger and have better facilities than the ones built under the People's Housing Project (PPR) which it replaces.

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Fernandes: Absurd that M'sia does not have LCCTs

KUALA LUMPUR (Sept 12): AirAsia Group Bhd co-founder and group chief executive officer Tan Sri Tony Fernandes says it is “absurd” that low-cost carriers (LCCs) dominate the Malaysian aviation market, but the country does not have dedicated low-cost carrier terminals (LCCTs).

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