Malaysia posts worst retail sales results in 22 years
The retail industry in Malaysia registered its worst performance in two decades last year, contracting by 16.
Malaysia’s 4Q20 retail sales down 19.7%
KUALA LUMPUR (March 8): Malaysia’s retail sales in October to December 2020 (4Q20) contracted 19.
Lagenda Properties wants to grow beyond Perak
KUALA LUMPUR (March 6): Property developer Lagenda Properties Bhd has ambitions to grow beyond its mostly Perak presence, group managing director Datuk Jimmy Doh Jee Ming (pictured) told The Edge Malaysia.
Desmond Lim builds up stake in WCT
KUALA LUMPUR (March 6): Businessman Tan Sri Desmond Lim acquired another 250,000 shares in WCT Bhd yesterday, raising his direct shareholding in the construction company to 103.
Axis REIT acquires Bukit Raja industrial property with warehousing potential for RM120m
KUALA LUMPUR (March 5): Axis Real Estate Investment Trust (REIT) has acquired a freehold land measuring 20.
Economists no longer expect BNM to cut rate anytime soon
KUALA LUMPUR (March 5): Economists no longer expect another rate cut after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 1.
Platinum Victory focuses on affordable type projects including a JV with Jakel this year
KUALA LUMPUR (March 4): Platinum Victory Sdn Bhd plans to launch a few competitively priced projects in Setapak this year, namely Platinum Casa Danau, The Ark by Platinum and mixed development J.
BNM keeps OPR at 1.75%, as expected
KUALA LUMPUR (March 4): Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.
Bridge collapse: Driver of trailer that crashed into scaffolding tests positive for drugs, say cops
KUALA LUMPUR (March 4): The driver of the trailer that crashed into a pedestrian bridge that was still being built along the MRR2 Highway near Bandar Tasik Selatan yesterday has tested positive for drugs, reported The Star.
Scaffolding collapses at flyover along MRR2, five trapped in van
KUALA LUMPUR (March 3): A scaffolding at a construction site along the Sungai Besi-Ulu Klang Elevated Expressway (SUKE), near Desa Tun Razak, collapsed this evening resulting in at least five people trapped in a van, reported the Malay Mail today.
