KUALA LUMPUR (March 28): The Government is turning to private treaty or direct sale to dispose of the Equanimity after an auction failed to obtain an agreeable price for the mega-yacht, said Finance Minister Lim Guan Eng.
KUALA LUMPUR (March 28): GDB Holdings Bhd’s unit has bagged an RM135 million contract from TRC Synergy Bhd’s unit for a mixed development in Ara Damansara.
KUALA LUMPUR (March 28): Gamuda Bhd’s net profit fell 23% to RM173.
PETALING JAYA (March 28): The Malaysian Institute of Estate Agents (MIEA) wants the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the Ministry of Finance to take action against those who are circumventing the law by carrying out real estate practices illegally through property technology (proptech).
KUALA LUMPUR (March 27): Malaysians are not being paid enough for the level of productivity they are producing, with many of the country’s workers underpaid, said Bank Negara Malaysia (BNM).
KUALA LUMPUR (March 27): The domestic economy is expected to expand by 4.
IJOK (March 27): EcoWorld Development Group Bhd’s 27%-associate Eco World International (EWI) is currently in talks with various institutional funds to expand its built-to-rent (BtR) segment in the United Kingdom.
KUALA LUMPUR (March 27): Banks are lending.
PETALING JAYA (March 27): Bank Negara Malaysia (BNM) (pictured) has given banking institutions until end- 2019 to revise “unfair” terms and conditions, and improve clarity by using plain language for both new and existing housing loan and financing contracts.
PETALING JAYA (March 27): Malaysia’s total household debt to gross domestic product (GDP) ratio has eased further for the fourth consecutive year to 83% at end-2018 compared with 83.
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