News about ng

BANGKOK (April 8): Best Western Hotels & Resorts signed its largest ever multi-hotel agreement with real estate developer AD Houses Co Ltd, which will lead to the opening of four Best Western Plus hotels in Thailand this year.

PETALING JAYA (April 8): Eleven hospital projects have been certified as green in March under the GBI Hospital Tool, which was launched last year.

PETALING JAYA (April 8): It is not every day that you find a home with a sea view, and this privilege often comes at a premium.

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

Property sector Maintain underweight: On Wednesday, Prime Minister Datuk Seri Najib Razak (pictured) announced the launch of the First Home Financing Scheme (MyDeposit) as tabled in Budget 2016.

PETALING JAYA (April 8): Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen.

Sold for: RM3.

WITH the high cost of living in Malaysia, it is not such a bad idea to use public transport, even if you have a car or motorbike.

PETALING JAYA (April 7): The First Home Deposit Funding Scheme (MyDeposit) is a good move to increase home ownership among Malaysians and will also benefit Mah Sing Group Bhd as the company offers a number of properties that qualify for the scheme, said its group managing director and group chief executive Tan Sri Leong Hoy Kum in a press release today.

Construction sector Maintain overweight: Domestic contract awards to listed contractors in the first quarter of 2016 (1Q16) came in at a robust RM29.