Japan's Fujitsu to reduce office space by 50% over the next 3 years
KUALA LUMPUR (July 7): Fujitsu Ltd has announced plans to slash office space in Japan by 50% over the next three years, Bloomberg reported yesterday.
What ails the Malaysian residential property sector
Owning a home is a dream of most Malaysians but, for many, it remains elusive.
OYO Hotels & Homes banks on domestic tourism
KUALA LUMPUR (July 4): Indian-based OYO Hotels & Homes is experiencing an improvement in its business with the opening up of the local economy post Movement Control Order (MCO), reported The Edge Malaysia.
MCT falls into the red in 1Q on hedging losses and lower sales
KUALA LUMPUR (July 1): Property developer MCT Bhd recorded a net loss of RM21.
EcoWorld posts lower 2Q net profit due to MCO, but sees big rebound in sales during CMCO
KUALA LUMPUR (June 25): Eco World Development Group Bhd’s (EcoWorld's) net profit fell 48% to RM21.
Hua Yang narrows 4Q loss to RM4m, full-year net profit at RM2.2m
KUALA LUMPUR (June 24): Hua Yang Bhd's net loss for its fourth financial quarter ended March 31, 2020 (4QFY20) narrowed to RM4.
More turning to property refinancing for cash
Owning a property can be more than a home or an investment.
MoH detects new cluster at old folks' home in Kuala Selangor with three confirmed infections
KUALA LUMPUR (June 15): The Ministry of Health (MoH) has detected a new cluster of old folks' home in Kuala Selangor after three positive cases were detected, said Health director-general Datuk Dr Noor Hisham Abdullah in a statement today.
Penang: Cheaper affordable homes; minimum price for foreign buyers lowered
PENANG (June 11): The state government here is lowering the prices of affordable homes “between RM15,000 and RM35,000”, reported FMT today.
