MRCB plans to venture to Indonesia, Thailand

KUALA LUMPUR (Dec 21): Malaysian Resources Corp Bhd (MRCB)'s executive director Mohd Imran Mohamad Salim (pictured) said that it is a continuous effort for the group to simultaneously grow its business yet pare down debts that stood at 1.

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Busy year ahead for builders despite rising costs

KUALA LUMPUR (Dec 21): There is no foreseeable short-term impact on the construction sector from the depreciation of the ringgit as most construction materials such as cement and steel are manufactured in Malaysia, the national builders group said.

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1MDB Real Estate is now TRX City

KUALA LUMPUR (Dec 17): Debt-laden strategic development company 1Malaysia Development Bhd’s (1MDB) property arm, 1MDB Real Estate Sdn Bhd (1MDB RE), is now known as TRX City Sdn Bhd.

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Retail Group cuts 2015 forecast

KUALA LUMPUR (Dec 17): Retail Group Malaysia (RGM) has cut its forecast for 2015 retail sales for the fifth time due to poor retail figures achieved in the second and third quarters of the year.

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MPCorp sees Iskandar project as key to turnaround

KUALA LUMPUR (Dec 17): Malaysia Pacific Corp Bhd (MPCorp) expects its upcoming residential project within Taman Nusa Damai in Iskandar Malaysia, Johor, which has a gross development value of RM204 million, to help pull it out of its loss-making position.

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