MRCB bags RM150m contract to supply chilled water to office building in Kwasa Damansara
KUALA LUMPUR (Aug 3): Malaysian Resources Corporation Bhd’s (MRCB) subsidiary has bagged a chilled water supply contract worth an estimated RM149.
BNM may cut OPR again if there is further rate cut by Fed, says MARC
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).
Sime Darby Property secures 72% take-up for Laman Lakeside in Klang
KUALA LUMPUR (Aug 3): Sime Darby Property Bhd, the country's largest property developer by land bank, saw 72% of the 24 semi-detached homes on offer at its Laman Lakeside development in Bandar Bukit Raja, Klang, Selangor taken up when it was unveiled to the public last weekend.
BNM freezes 35 bank accounts, seizes RM4m of cash and properties in joint operation
KUALA LUMPUR (Aug 3): Eight premises related to Magmatrans (M) Sdn Bhd, Vonstar Resources Sdn Bhd and Vonstar Sdn Bhd in the Klang Valley and Penang were raided during a joint operation involving Bank Negara Malaysia (BNM), the Royal Malaysia Police and the Immigration Department Malaysia yesterday.
Oversupply? Then why are more malls being built?
Despite the dark clouds hanging over the retail mall scene in Malaysia, some bright spots remain in places where the local population is growing significantly, according to Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo.
Kerjaya Prospek to stamp its mark on Old Klang Road
KUALA LUMPUR: Kerjaya Prospek Property Sdn Bhd is targeting to launch its latest mixed-use development called Bloomsvale @ Old Klang Road in the fourth quarter of this year.
An affordable PJ address
Petaling Jaya Old Town, popularly known as PJ Old Town, is where the satellite city of Petaling Jaya (PJ) first took shape.
Tiger Synergy aborts plan to develop Rantau land
KUALA LUMPUR (Aug 2): Tiger Synergy Bhd says it has aborted plans to develop land in Rantau, Negeri Sembilan, into a residential project as consensus on the terms and conditions of a proposed joint venture (JV) could not be reached.
ECRL committee shortlists 331 potential bidders for 4Q tender call
KUALA LUMPUR (Aug 2): A total of 331 out of 1,321 Malaysian construction companies have been shortlisted as potential tenderers for civil work packages of the planned RM44 billion 640-km East Coast Rail Link (ECRL), which is expected to link Kota Bharu to Putrajaya in about four hours, said project and asset owner Malaysia Rail Link Sdn Bhd (MRL).
RON97 down 2 sen to RM2.54 per litre, RON95 and diesel remain unchanged
KUALA LUMPUR (Aug 2): The retail price of RON97 will be lowered by 2 sen to RM2.
