DONE DEAL: 4.5-storey shopoffice at Ampang Point Commercial Centre, Ampang, Kuala Lumpur
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BNM maintains OPR at 1.75% after final Monetary Policy Committee meeting for 2021
KUALA LUMPUR (Nov 3): The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) during the MPC’s final 2021 meeting on Wednesday (Nov 3) decided to maintain the overnight policy rate (OPR) at 1.
PNB Merdeka Ventures partners Oakwood Premier to open the first serviced residential tower in Merdeka 118
KUALA LUMPUR (Nov 3): PNB Merdeka Ventures Sdn Bhd (PMVSB), a wholly owned subsidiary of Permodalan Nasional Berhad (PNB), has partnered with Oakwood Premier Kuala Lumpur to introduce an Oakwood Premier-branded residential tower to Kuala Lumpur’s iconic Merdeka 118 precinct in 2024.
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.
Trive Property plans another cash call to fund upgrading of office building
KUALA LUMPUR (Nov 3): Trive Property Bhd plans to raise up to RM19.
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.
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.
