Commercial property glut poses risk for M’sian banks

  KUALA LUMPUR (March 12): Banks may face risks on their commercial property loans, as a looming oversupply of office buildings and shopping malls may lead to a correction in valuations, said a Reuters story citing a report by Moody’s dated March 9.

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Abdul Azeez sues Guan Eng for defamation

KUALA LUMPUR (March 12): The Chief Minister of Penang Lim Guan Eng has been presented with a writ of summons for an apology by Datuk Seri Abdul Azeez Abdul Rahim (pictured) over the island state’s undersea tunnel project, The Malay Mail Online reported today.

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A year of harvest for MKH

KUALA LUMPUR (March 12): Property developer MKH Bhd, whose principal business includes oil palm plantation, is confident of achieving a five-year record high in its fresh fruit bunch (FFB) production yield.

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