FDI is 'essential factor' to help property market recover
KUALA LUMPUR (Aug 14): Foreign direct investment (FDI) is an essential factor if the local property market is to recover, experts tell The Edge Malaysia.
Singapore: Tanjong Pagar set to outperform other CBD locations, says JLL
SINGAPORE (Aug 14): The Shenton Way/Tanjong Pagar (pictured) precinct is set to outperform other office locations within the CBD, as new projects and redevelopment schemes continue to transform the area over the next decade, says real estate consultancy JLL.
KIP REIT plans private placement to raise up to RM81m for future acquisitions
KUALA LUMPUR (Aug 14): KIP Real Estate Investment Trust (KIP REIT) plans to undertake a private placement to raise up to RM80.
Pakatan Harapan rejects Muhyiddin's offer, calls for his resignation
KUALA LUMPUR (Aug 14): The Pakatan Harapan Presidential Council has rejected Prime Minister Tan Sri Muhyiddin Yassin's offer for bipartisan cooperation with the Opposition, calling it blatant corruption.
Muhyiddin reaches out to rival MPs with promise to limit PM to two terms, have anti-hopping law and give opposition leader Cabinet level privileges
KUALA LUMPUR (Aug 13): Prime Minister Tan Sri Muhyiddin Yassin is seeking bipartisan support from rival members of parliament (MPs) with promises of significant reforms, including limiting the prime minister's tenure to two terms, to solve the ongoing Malaysian political crisis.
Covid-19: Malaysia's new cases top 21,000 for second straight day on Aug 13, 12.6% involve the fully inoculated
KUALA LUMPUR (Aug 13): Malaysia today reported 21,468 new daily Covid-19 infections — the second consecutive day of cases staying above the 21,000 mark — but retreated from the all-time high of 21,668 yesterday.
Paramount completes investment into P2P financing platform Fundaztic
KUALA LUMPUR (Aug 13): Property developer Paramount Corp Bhd has completed its first fintech investment by acquiring a 30% stake in Omegaxis Sdn Bhd, the holding company of Peoplender Sdn Bhd, the operator of peer-to-peer (P2P) financing platform Fundaztic.
Majuperak enters RM140m land swap deal to add landbank in Silver Valley Technology Park
KUALA LUMPUR (Aug 13): Majuperak Holdings Bhd has entered into a land swap deal to dispose of four plots of its land valued at RM100 milllion in Sungai Raya to the Perak State Economic Development Corporation (PKNP) in exchange for three pieces of land valued at RM140 million in Hulu Kinta In a filing today, Majuperak said the difference of RM40 million will be deemed as an amount owed by the group to PKNP.
Khairy: PICK to start vaccinating 12- to 17-year-olds against Covid-19
KUALA LUMPUR (Aug 13): The National Covid-19 Immunisation Programme (PICK) will start vaccinating adolescents aged 12 to 17 years against Covid-19, tweeted its Coordinating Minister Khairy Jamaluddin.
MCCC: MM2H new terms should be for new applicants, not existing participants
PETALING JAYA (Aug 13): Malaysia-China Chamber of Commerce (MCCC) has lauded the reactivation of the Malaysia My Second Home (MM2H) Programme but expressed reservation on the new stringent terms imposed.
