More pain ahead for corporate sector
PETALING JAYA: The market may have begun to show signs of improvement following the Malaysian General Elections, but it is still too early to cheer.
PETALING JAYA: The market may have begun to show signs of improvement following the Malaysian General Elections, but it is still too early to cheer.
PETALING JAYA (July 20): Western Digital, which is shutting its facility at the Sungei Way Free Trade Industrial Zone down by the end of next year, said it has not decided if it will ell the 11-acre property.
KUALA LUMPUR (July 20): Amidst a reported dearth of suitors for Bandar Malaysia, shares in Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity) continued to rise in active trade today.
PETALING JAYA (July 20): Bukit Bayu residents are worried about activities in the forest near them, after hearing what sounded like an explosion in the area.
PETALING JAYA (July 20): China property developer Country Garden – the developer of Forest City and Country Garden Danga Bay in Johor – jumped to 353rd place this year from 467th place last year in the Fortune Global 500 rankings, underpinned by its 46% growth in gross revenue to RMB226.
KUALA LUMPUR (July 20): Expectations of higher income, greater employment and low inflation catapulted Malaysia’s consumer sentiment index (CSI) to a 21-year high of 132.
KUALA LUMPUR (July 19): Construction and property stocks have rebounded amid increasing likelihood that the Kuala Lumpur-Singapore High Speed Rail (HSR) project is only deferred and not cancelled.
Rented for: RM3,000 a month Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999) When: April 5, 2018 Noteworthy: ● Leasehold ● 1,608 sq ft ● Nearby amenities: Easy access to various F&B outlets, banks, hospital, Setia SPICE Arena and Bayan Baru wet market.
KUALA LUMPUR (July 19): Royal Malaysian Customs Director-General Datuk Seri Subromaniam Tholasy (pictured) said today that the comeback of the sales and services tax (SST) come Sept 1, deemed "SST 2.
KUALA LUMPUR (July 19): Putrajaya has conceded that the sales and services tax (SST) system is not as transparent as the goods and services tax (GST), but stressed that the former is able to reduce Malaysian consumption tax by half.