BNM seen to hold off on further rate hikes in 2018
KUALA LUMPUR (Jan 26): As expected, Bank Negara Malaysia (BNM) raised its key interest rate by 25 basis points (bps) to 3.
Pavilion REIT achieves 16% growth on 4Q net property income
KUALA LUMPUR (Jan 25): Pavilion Real Estate Investment Trust’s (Pavilion REIT) net property income (NPI) grew 16% to RM89.
KIP REIT says yield highest among REITs, declares 1.75 sen DPU
KUALA LUMPUR (Jan 25): KIP Real Estate Investment Trust (KIP REIT) posted a net property income (NPI) of RM10.
Jaya Grocer to open another five stores this year
KUALA LUMPUR (Jan 25): Trendcell Sdn Bhd, which operates supermarket chain Jaya Grocer, plans to open five new stores across the country this year to take the total store count to 27.
Airbnb to continue working closely with Malaysian authorities on short-term rental framework
PETALING JAYA (Jan 25): Short-stay leasing platform Airbnb (pictured) said it will continue to work closely with the relevant authorities to craft and implement clear and fair regulations governing short term rentals in Malaysia, it said in a statement today.
Genting says to turn former Miami Herald site into event venue
KUALA LUMPUR (Jan 25): Genting Group unit Resorts World Miami will use the former Miami Herald site in the US state of Florida as an event venue after Resorts World Miami signed a multi-year deal with Miami-based Loud and Live.
BNM makes first rate hike since 2014, sees strong growth for Malaysia in 2018
KUALA LUMPUR (Jan 25): Bank Negara Malaysia (BNM) (pictured) raised the overnight policy rate by 25 basis points to 3.
"Datuk seri" remanded for five days over Penang undersea tunnel probe
PUTRAJAYA (Jan 25): The Malaysian Anti-Corruption Commission (MACC) today obtained a five-day remand order from the Magistrate’s Court here on an engineering consultancy company chairman with the “Datuk Seri” title to help in the Penang undersea tunnel investigation, Bernama reported today.
KLCCP Stapled Group’s FY17 earnings draw mixed reactions from analysts
KUALA LUMPUR (Jan 25): KLCCP Stapled Group's full year FY17 earnings drew mixed reaction from analysts, as group earnings were dragged down slightly by higher operating costs in management services.
