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.
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.
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.
MATTA announces return of MATTA Fair, to be held on Nov 20-21
KUALA LUMPUR (Nov 2): The Malaysian Association of Tour and Travel Agents (MATTA) has announced that MATTA Fair — Malaysia’s largest consumers’ travel fair — is back on Nov 20 to 21, 2021 at the World Trade Centre (formerly known as PWTC) Kuala Lumpur.
Gromutual buys land in Johor from Senai Airport City for RM21m
KUALA LUMPUR (Nov 2): Property developer Gromutual Bhd is buying land in Johor from Senai Airport City Sdn Bhd, a member of the MMC Group, for RM21.
Budget 2022: Malaysia needs GST to weather turbulence ahead, say experts
KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.
Tropicana collaborates with Puncak Alam Housing for affordable housing project
KUALA LUMPUR (Nov 2): Tropicana Corp Bhd has entered into a joint venture agreement with Puncak Alam Housing Sdn Bhd for the development of affordable homes on three parcels of leasehold land in Ijok, Kuala Selangor.
