UOB Malaysia expects BNM to stand pat on OPR
KUALA LUMPUR (May 9): Bank Negara Malaysia (BNM) is most likely to keep the overnight policy rate (OPR) unchanged at its monetary policy meeting this Friday, according to UOB Malaysia.
TTDI residents livid over FT minister’s response
PETALING JAYA (May 9): The residents of Taman Tun Dr Ismail (TTDI) are livid over the Federal Territories (FT) Minister Datuk Seri Tengku Adnan Tengku Mansor’s response to residents’ concerns about the proposed serviced apartment development which involved parts of Taman Rimba Kiara in the neighbourhood.
China's Wanda in talks to develop Bandar Malaysia
KUALA LUMPUR (May 9): The company controlled by China's richest man is now the front runner to lead the development of Bandar Malaysia after Putrajaya last week dropped the consortium that was earmarked to buy a majority stake in the project, the Singapore daily The Straits Times reported today.
IWCity extends loss, tumbles 23.6% in active trade
KUALA LUMPUR (May 9): Iskandar Waterfront City Bhd (IWC) shares took more beating this morning in active trade and fell 23.
Housing project in Taman Rimba Kiara to go ahead, says Tengku Adnan
PUTRAJAYA (May 8): The development at the Rimba Kiara Tanam site in Taman Tun Dr Ismail (TTDI), Kuala Lumpur, will go ahead despite opposition, said Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor.
Unlikely for BNM to cut OPR now, says Euler Hermes economist
KUALA LUMPUR (May 8): Bank Negara Malaysia (BNM) is unlikely to cut its overnight policy rate (OPR) now given the high inflation in the country, according to Euler Hermes-Allianz Research's senior economist for Asia, Mahamoud Islam.
This S'pore REIT gets ‘hold’ on new office supply, uncertainty over acquisition
SINGAPORE (May 8): DBS is maintaining its “hold” call on OUE Commercial REIT (OUE CT) with a revised target price of 67 Singapore cents given likely operational weakness ahead of new office supply in 2017, dilution from the recent equity placement, and uncertainty over the timing of any acquisition.
Challenges seen for rental reversions for MRCB-Quill REIT office assets
MRCB-Quill REIT (May 5, RM1.
Living like aristo-cats in Catzonia
Quietly tucked in Metropolitan Square in Damansara Perdana, Petaling Jaya is Catzonia, which was founded by Muhammad Syahir Zainal in 2015.
The elements needed for Iskandar Malaysia’s success
JOHOR BAHRU (May 7): Infrastructure, connectivity, branding, economic activity and educational facilities are essential elements of Iskandar Malaysia’s success, according to stakeholders of the economic zone in Johor who shared their views at the second Marketplace Series of Forums organised by the Asian Strategy & Leadership Institute and the Full Gospel Business Men’s Fellowship on May 2.
