KUALA LUMPUR (April 27): The manager of YTL Corp Bhd-linked Starhill Global REIT, which owns the Lot 10 Property and The Starhill retail and hospitality entity along Jalan Bukit Bintang here, said the property trust remains cautious as the impact of the Covid-19 pandemic on its tenants’ businesses remains uncertain.
KUALA LUMPUR (April 17): Magna Prima Bhd’s independent auditor has raised a material uncertainty related to the property developer’s ability to continue as a going concern.
KUALA LUMPUR (April 5): While the roll-out of the Mass Rapid Transit Line 3 (MRT 3) augurs well for the construction sector, some analysts remain sceptical about the project due to political uncertainty and government funding constraint.
KUALA LUMPUR (March 20): Parkson Holdings Bhd’s executive chairman Tan Sri William Cheng said the retail group is currently in uncharted territory and he could not gauge the adverse impact brought by the COVID-19 outbreak and the nationwide Movement Control Order (MCO).
KUALA LUMPUR (Feb 27): As the nation waits for the Yang di-Pertuan Agong to determine who commands the numbers to form the new government, Tun Dr Mahathir Mohamad said he would be willing to reassume the premiership if he still has the majority support.
KUALA LUMPUR (Feb 26): The government will announce an Economic Stimulus Package tomorrow (Feb 27), as previously stated by former finance minister Lim Guan Eng.
KUALA LUMPUR (Feb 25): Interim prime minister Tun Dr Mahathir Mohamad will still present the highly anticipated economic stimulus package, but at a later date to be confirmed, said former finance minister Lim Guan Eng.
KUALA LUMPUR (Feb 24): Malaysia’s long-term economic prospects is likely to be dimmed as a result of political uncertainty and increasing polarisation, said Fitch Solutions Group (FSG).