‘PR1MA scheme has minimal impact on banks’

Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.

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Penang residential estate market remains lacklustre

PETALING JAYA (Feb 1): The general performance and outlook for the property market in Penang is still lacklustre as both economic conditions and general public sentiments are down, said real estate firm Knight Frank Malaysia in its “Real Estate Highlights 2H2016” report.

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Living it up in LA

Luxury hotel operator Fairmont Hotels & Resorts, now part of the AccorHotels Group, has announced the signing of definitive agreements for the revitalisation and management of the historic Century Plaza Hotel, located in the heart of Century City in Los Angeles.

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