I, Robot, builds your home
One of French artist Villemard’s futuristic works produced in 1910 was a painting that had envisioned that building construction works in the year 2000 will be undertaken by robots.
New brands still land in Malaysia despite closure concerns
KUALA LUMPUR (April 27): Some 95 new foreign brands have made their debut in the Malaysian retail market since 2017 to date.
Ikhmas’ audited FY17 profit 51.5% lower than reported earlier
KUALA LUMPUR (April 27): Engineering and construction group Ikhmas Jaya Group Bhd’s audited results for its financial year ended Dec 31, 2017 (AFS 2017) have a variance of RM7.
Pavilion REIT sees 13% net property income growth in 1Q
KUALA LUMPUR (April 26): Pavilion Real Estate Investment Trust (Pavilion REIT)’s net property income (NPI) rose 13% to RM89 million in the first quarter ended March 31, 2018, from RM78.
Retail sector to improve post-GE14
KUALA LUMPUR (April 26): The sluggish local retail market is expected to pick up after the nation’s 14th general election which will be held on May 9, said Malaysia Retailers Association (MRA) president Tan Sri William Cheng.
DAP MP wants answers on KL land sale
KUALA LUMPUR (April 25): DAP’s Lim Lip Eng (pictured) has claimed that of the 64 lots of land which Kuala Lumpur City Hall (DBKL) sold between 2014 and 2018, only 30 have been used for affordable housing, the Malaysiakini news portal reported today.
Sarawak Consolidated calls off deal to buy IBS factory owner
KUALA LUMPUR (April 25): Sarawak Consolidated Industries Bhd has terminated its share sale agreement (SSA) to acquire an industrialised building system (IBS) factory owner and operator Carlton Gardens Sdn Bhd for RM9.
REIT managers say SC's REIT guideline amendments will drive market's growth
KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).
ECRL, HSR will not destroy local airlines
KUALA LUMPUR (April 24): Mega rail projects in the country is not a threat to the local airline sector.
M'sian construction delegation visits UK for opportunities in development projects
KUALA LUMPUR (April 23): The Construction Industry Development Board (CIDB) today led a delegation of Malaysian construction-related companies to explore opportunities in development projects in the UK owned by Malaysian developers.
