Impiana looking to buy 70% of SOULed OUT operator
On Wednesday, the hotels and resorts operator announced that it had entered into a Memorandum of Understanding (MoU) with Choo Kok Yeow, a major shareholder of Cafelink who represents the existing shareholders of the company, to acquire 217,000 ordinary shares in the F&B operator.
Pahang will not hike quit rent for five years, says MB
The guarantee was stated at the Pahang State Legislative Assembly sitting at Wisma Sri Pahang here today, with him saying that the state government has various plans to increase state revenue collection, including through recurring revenue collection.
Malaysia lifts RE exports ban and raises 2050 generation capacity goal to 70%
The “cross-border RE sale will be conducted via an electricity exchange system to be set up by the government”, Rafizi said.
Harbour-Link unit buys industrial land in Telipok, Kota Kinabalu for RM8.5m
“The land will be used as the container depo, and will be for internal use and rental to external party.
Winners and losers of Bank Negara’s latest OPR rate hike to 3%
According to Hong Leong Investment Bank (HLIB), banks, in particular Alliance Bank Malaysia Bhd and Bank Islam Malaysia Bhd (BIMB), are expected to benefit from the OPR hike as it would help alleviate some pressure off Net interest margins (NIM) in 2Q2023.
OPR to remain on hold at 3% for the rest of 2023, Fitch Solutions says
In a report on Thursday (May 4), BMI, a Fitch Solutions company, said that as inflation continues to moderate domestically, "we believe BNM will increasingly turn its focus to supporting growth over the coming months".
CGS-CIMB sees another hike in 2H2023, bringing the OPR to 3.25%
“We believe there could be one more OPR hike by end-2023 to 3.
OPR normalisation to pre-pandemic level of 3% likely to remain till end-2023, say economists
The majority of economists now bet that the OPR, which has normalised to pre-pandemic levels, will be maintained for the remaining three monetary policy meetings in 2023, scheduled in July, September and November.
BNM makes surprise 25bps hike in OPR to 3%
The rate hike, after two consecutive pauses in early 2023 at 2.
