Sega Sammy Holdings invests up to US$1b into Yokohama resort developed by Genting Singapore-led consortium — report
KUALA LUMPUR (June 15): Japan's Sega Sammy Holdings is investing up to 120 billion yen (US$1.
Penang govt to build affordable homes in Bayan Baru
GEORGE TOWN (June 14): The first affordable housing project by the Penang state housing board will be located in Bayan Baru, reported Free Malaysia Today.
Hearing to fix auction date for ex-1MDB counsel Jasmine Loo's Mont' Kiara home postponed due to MCO 3.0
KUALA LUMPUR (June 14): The hearing for the fixing of a date for the auction of an apartment in Mont'Kiara that previously belonged to 1Malaysia Development Bhd's (1MDB) former general counsel Jasmine Loo Ai Swan has been postponed to July 29, 2021.
Tough times for hotel sector set to continue
KUALA LUMPUR (June 12): Times are bleak for the hotel industry and it predicts that things will not improve for the time being.
US charges Jho Low, rapper with back-channel lobbying to drop 1MDB probe, extradite Chinese dissident from US
KUALA LUMPUR (June 12): Penang-born fugitive businessman Low Taek Jho (Jho Low) (pictured) and rapper Prakazrel "Pras" Michel were on Thursday charged in the US District of Columbia with orchestrating an unregistered, back-channel campaign in 2017 linked to former US president Donald Trump to have investigations related to 1Malaysia Development Bhd (1MDB) be dropped, and to send a Chinese dissident back to China.
Works Minister Fadillah Yusof tests positive for Covid-19, undergoing home quarantine
KUALA LUMPUR (June 11): Senior Works Minister Datuk Seri Fadillah Yusof (pictured) has tested positive for Covid-19.
Act now before it’s too late - Poor indoor air ventilation kills
In April 2021, the ASHRAE Epidemic Task Force replaced the statement made 12 months earlier that said airborne transmission was “sufficiently likely” with an unequivocal revision: “Airborne transmission of SARS-CoV-2 is significant and should be controlled.
AmInvestment Bank Research cuts FV for Pavilion REIT, IGB REIT and YTL Hospitality REIT, increases it for Sunway REIT
KUALA LUMPUR (June 11): AmInvestment Bank Research has cut its fair value (FV) for Pavilion Real Estate Investment Trust (REIT) and IGB REIT, while increasing its FV for Sunway REIT.
Is the extension of HOC ‘privatising profits and socialising losses’?
The government on May 31, 2021 announced the RM40 billion PEMERKASA+ aid package, and one of the measures was extending the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021.
Sufian’s first 100 days at UEM Sunrise
Despite having been in the industry for over 20 years, UEM Sunrise Bhd CEO Sufian Abdullah has experienced a real baptism of fire in dealing with the uncertainties brought on by the Covid-19 pandemic.
