PEPS: Malaysia may lose RM3.7b from stricter MM2H policies
PETALING JAYA (Sept 6): The new proposed policies of Malaysia My Second Home (MM2H) programme will result in at least RM3.
NetX pays RM20 for Sungei Wang Plaza retail units that come with RM32.8m court settlement liabilities
KUALA LUMPUR (Sept 4): Loss-making NetX Holdings Bhd is acquiring the holding companies of six retail units in Sungei Wang Plaza that have court settlement liabilities for a nominal sum of RM20.
Water supply disruption for the Klang Valley, again
PETALING JAYA (Sept 3): Klang Valley folk have been hit with another water cut just about a day after the previous unscheduled disruption was restored.
E&O launches The Lincoln Suites apartment-hotel in London
LONDON (Sept 3): Premium property developer and hotelier Eastern and Oriental Bhd (E&O) has officially opened its 54-room serviced apartment hotel in London on Aug 31, 2021, E&O chairman Datuk Tee Eng Ho announced today.
MoF: Not the right time to reintroduce GST as govt focused on economic revival
KUALA LUMPUR (Sept 3): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said it may not be the right time to reintroduce a consumption tax like the previous goods and services tax (GST) as this could have an impact on the momentum needed to revive Malaysia’s economy amid the Covid-19 pandemic.
Outlook for luxury home market in Thailand remains promising
While most global markets are battered by the Covid-19 pandemic, in Bangkok, homes priced 10 million baht (RM1.
People, planet, profit – the triple bottom line for sustainable hospitality industry
In an era of “voting with one’s wallet”, consumers are seeking brands whose values are aligned with their own, making commitment to environmental, social and governance (ESG) practices more important than ever before.
From idle land to thriving community garden
Located in the tranquil neighbourhood of Desa Sri Hartamas is a 1.
Country Garden Holdings “shrinks” Malaysia staff, says report
KUALA LUMPUR (Sept 2): Mega China developer Country Garden Holdings has reduced “its workforce and sales team” in Malaysia “by two-thirds over the past two years,” according to a report by the South China Morning Post (SCMP).
YTL Hospitality REIT in acquisition mode as yield-accretive assets emerge
KUALA LUMPUR (Sept 2): YTL Hospitality REIT is currently on the lookout for quality assets amid the industry downturn led by the pandemic, and does not rule out potential acquisitions in the near-to-medium term with the emergence of yield-accretive assets, analysts said.
