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Malaysia's absolute poverty rate at 5.6% — chief statistician
KUALA LUMPUR (July 10): The Statistics Department said today the absolute poverty rate in Malaysia improved from 7.
UEM Sunrise launches Senadi Hills link homes; Aspira ParkHomes to follow
PETALING JAYA (July 9): UEM Sunrise Bhd has launched 112 units of Senadi Hills Phase 1A in Iskandar Puteri, Johor on July 4 after its online preview last month saw 70% of the units booked.
UEM Sunrise launches Senadi Hills link homes; Aspira ParkHomes to follow
PETALING JAYA (July 9): UEM Sunrise Bhd has launched 112 units of Senadi Hills Phase 1A in Iskandar Puteri, Johor on July 4 after its online preview last month saw 70% of the units booked.
KL-SG HSR developer MyHSR Corp ex-CEO Mohd Nur Ismal to return
KUALA LUMPUR (July 9): Former MyHSR Corp Sdn Bhd chief executive officer (CEO) Datuk Mohd Nur Ismal Mohamed Kamal (pictured) is expected to return to the company as CEO, sources told theedgemarkets.
Gagasan Nadi Cergas undertakes record RM777m construction job for Selangor’s Rumah Idaman project
KUALA LUMPUR (July 8): Construction group Gagasan Nadi Cergas Bhd announced today that it will lead the construction of 4,319 units of affordable homes under the Rumah Idaman programme by the Selangor state government worth RM777 million.
BNM may cut OPR by another 25bps to 1.50% as early as September — HLIB
KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.
Japan's Fujitsu to reduce office space by 50% over the next 3 years
KUALA LUMPUR (July 7): Fujitsu Ltd has announced plans to slash office space in Japan by 50% over the next three years, Bloomberg reported yesterday.
Will another OPR cut be of much help?
KUALA LUMPUR (July 7): Will the overnight policy rate (OPR) dip below 2%? Both households and business owners are waiting to see if Bank Negara Malaysia at its Monetary Policy Committee meeting today will trim OPR further to stimulate growth in current economic trying times.
MPSJ takes legal action on maintenance fee defaulters
PETALING JAYA (July 6): Subang Jaya Municipal Council (MPSJ) has become the first local authority in Malaysia that took legal action using the Strata Management Act 2013 against maintenance fee defaulters.
ECRL realignment could add RM20b to original cost of RM44b — CGS-CIMB Research
KUALA LUMPUR (July 6): The potential realignment of the East Coast Rail Link (ECRL) back to its original west-east traverse that was proposed during the times of Barisan Nasional (BN) administration could add as much as RM20 billion to its original cost of RM44 billion, said CGS-CIMB Research.
