CIMB cuts base lending rate

KUALA LUMPUR (July 18): CIMB Group Holdings Bhd has joined other banks in lowering its base rate (BR) by 20 basis points (bps) for loans or financing products for its Malaysian business.

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Sunway mulls bigger stake in Singapore JV projects

PETALING JAYA (July 16): Sunway Bhd is mulling a bigger stake in its joint venture (JV) projects with Singaporean developer Hoi Hup Realty Pte Ltd on the island republic, said Sunway’s deputy managing director of the property development division for Malaysia and Singapore Tan Wee Bee.

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