Pavilion REIT's 4Q net property income edges higher on stronger rental contributions from Pavilion Bukit Jalil
The REIT’s distributable income for 4QFY2024 stood at RM88.
Malaysian businessmen Teen Boon Lye dodges jail in Australia for Mara deal — report
Teen was charged in July 2020 with bribing Malaysian officials to secure the sale of Dudley House to Mara as well as four counts of false accounting related to the sale.
SCIB files writs of summons against developer Awana JV Suria Saga after project in Perak falls through
Additionally, SCIB is seeking a court order to compel Awana to discharge SCIB as the corporate guarantor for the loan facility within 30 days from the date of judgment.
The REAL deal: What’s next, Madam Mayor?
Seri Maimunah Mohd Sharif’s mandate stretches far beyond ensuring the cleanliness and provision of smooth mobility and connectivity in the city.
Fajarbaru JV secures RM131.6 mil job expansion for redevelopment of military facilities in Butterworth
"The works involve facilities upgrades to the RMAF base in Butterworth, including operational and recreational upgrades to airfield pavements, ground lighting infrastructure, drainage, rugby pitch, futsal court and other associated infrastructure," said Fajarbaru in a statement.
Johor-S'pore Special Economic Zone faces challenges in manpower shortage, regulatory and logistical hurdles, says Maybank IB
Maybank Investment Bank (Maybank IB) highlighted in a report that nearly 60% of Singaporean businesses operating in Johor face difficulties hiring skilled technical workers, citing a poll from the Singapore Business Federation in 2024.
Symphony Life emerges as Vizione’s largest shareholder in RM12m deal
Symphony Life's wholly owned unit Symphony Life Capital subscribed to the entire 143 million shares offered under Vizione’s private placement for RM12.
KLIA aerotrain to resume operations by 2Q, says MD of MAHB
The RM456 million project has faced several delays, with the previous targeted operational date being Jan 31 this year.
Economists foresees BNM to hold OPR steady in 2025, but closely watch on inflationary risks
The cautious stance comes as the central bank on Wednesday decided during its first monetary policy meeting of the year to hold the benchmark rate steady at 3%, a move unanimously expected by the market.
BNM keeps OPR steady, takes comfort in sustained growth
“At the current OPR level, the monetary policy stance remains supportive of the economy, and is consistent with the current assessment of inflation and growth prospects,” BNM said.
