Mindef lost RM258m in land swap deal with Syed Mokhtar — sources

KUALA LUMPUR (Feb 22): The Ministry of Defence (Mindef) allegedly lost RM258 million by selling the Royal Malaysian Air Force base in Kinrara, Puchong at a 34% discount to tycoon Tan Sri Syed Mokhtar Albukhary in a politically motivated land swap deal, said sources contacted by The Edge Financial Daily yesterday.

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Malaysia’s first 5-star Forbes Travel Guide rating awarded to Crockfords Hotel

  PETALING JAYA (Feb 22): Forbes Travel Guide Star Ratings, announced on 20th February 2019 in New York, honoured Crockfords Hotel at Resorts World Genting with the Five-Star award – making Crockfords the only hotel in Malaysia to receive such an honour and one of only 210 hotels worldwide bestowed with Forbes Travel Guide’s most prestigious ranking.

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重点报道:PJ办公楼表现出乎意料

国内经济放缓,商用办公产业市场也受冲击,以吉隆坡市中心的办公楼市场为例,目前正面临供应过剩的问题。 但在雪兰莪Petaling Jaya(PJ)这个A级办公楼比吉隆坡少的地区,办公楼还是持续迎来健康的需求。 根据房产顾问公司Savills Malaysia,PJ的所有办公空间供应当中,51%是B级、C级和分层办公楼,其余的才是A级办公楼。 国家产业资料中心(Napic)的《商用建筑:入驻与可用空间报告》显示,PJ办公楼的入驻率在2013年至2017年期间稳步走高,从64.

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'I have nothing to hide' says Hishammuddin over Mindef land swaps

KUALA LUMPUR (Feb 21): Former Defence Minister Datuk Seri Hishammuddin Hussein (pictured) has welcomed the findings from the Governance, Procurement and Finance Investigating Committee over the 16 land swap projects under the Ministry of Defence (Mindef) which allegedly led to losses of RM500 million.

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Time to pander to millennial shoppers

KUALA LUMPUR (Feb 21): It is time for Malaysian retailers and shopping mall operators to stop asking whether e-commerce or physical stores will win in the fight for shoppers and focus on combining the two to create a shopping experience targeted at millennials, said retail consultancy Savills Malaysia.

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