E&O posts lower 1Q net profit as forex, JV losses weigh

KUALA LUMPUR (Aug 21): Eastern and Oriental Bhd (E&O)’s net profit for the first quarter of its financial year 2019 (1QFY19) fell 34% from a year ago, despite a 15% rise in revenue, as it was impacted by unrealised foreign exchange losses and losses from joint ventures (JVs).

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M'sia 1Q18 median house price is RM280k

PETALING JAYA (Aug 17): The median house price in the country in the first quarter of 2018 (1Q18) stood at RM280,000, according to the National Property Information Centre’s (Napic) The Residential Prices Quarterly Update report for the period.

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Hilltop homes in Genting Highlands

Mention Genting Highlands, and the first things that come to mind are probably the refreshing temperature, the casino, the entertainment shows and the amusement park; in short – it is a holiday destination.

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Pelaburan Hartanah chief: Real estate is a solid investment

KUALA LUMPUR (Aug 15): Pelaburan Hartanah Bhd (PHB) is confident it will continue to do well despite headwinds in the property market because PHB's real estate portfolio covers all sectors of the real estate market, group managing director cum chief executive officer Datuk Kamalul Arifin Othman said.

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