KUALA LUMPUR: The further fall in household loan growth in Malaysia in 2016 is credit positive for the asset quality of local banks as it points to a slower pace of debt accumulation among households, said Moody's Investors Service.The international ratings agency said on Tuesday that data from...
KIP REIT believes that owning community-centric retail centres will give it an edge with investors. The REIT debuted on the Main Market at a four-sen premium yesterday on a volume of 1.78 million sharesKUALA LUMPUR: In a stock exchange where real estate investment trusts (REITs) own assets as...
This financial year, we’ll be launching more than 2,000 affordable homesKUALA LUMPUR: Sime Darby Bhd’s property division, Sime Darby Property Bhd, is confident of achieving its RM2.5bil sales target for the current financial year ending June 30, 2017, despite the current property market...
KUALA LUMPUR: Eco World Development Group Bhd (EW Bhd) has revised the date of its two EGMs, called to decide on the proposed subscription of up to 27% in Eco World International Bhd (EWI) and the proposed acquisitions of two pieces of land in Penang, to Feb 20.In the original notices to Bursa...
KTM Komuter will offer direct train services from Port Klang, Rawang and Seremban to Batu Caves over a three-day period for Thaipusam.The service will be available from 10.30pm tomorrow to 5.30am on Thursday and 5.30am on Feb 9 to 5.30am on Friday.KTM Bhd operations department general manager S....
Ayub (centre), Pontian District Council (MDP) president Kamaluddin Jamal (left) and Pontian district officer Onn Jabbar taking a group photo after launching the Low Carbon Town Hall Session at Dewan Jubli Intan in Pontian.PONTIAN: Embankments will be built along Sungai Segamat under the latest...
Roads to be closed intermittently for chariot processionBY MELIZARANI T.SELVAIn conjunction with Thaipusam, various roads will be closed to accommodate the Silver Chariot procession that will start tomorrow.It will begin from the Sri Maha Mariamman Temple in Jalan Tun H.S Lee, Kuala Lumpur at 10pm...
KUALA LUMPUR: Petaling Street is like a mini portrait of the history of Malaysian Chinese.There should be more resources invested to beautify this iconic place, said Deputy Education Minister Datuk Chong Sin Woon.“It is one of the areas the Chinese first settled in Malaya and it has become a...
KUALA LUMPUR: Project management services company Mega Sun City Holdings Bhd has appointed Datuk Liang Chee Fong as managing director effective immediately.In a filing with Bursa Malaysia, the company said Liang, 44, succeeded Datuk Ooi Kee Liang, 46, who resigned due to other personal...
Residents say the mudflow along Jalan Jambu 33 has damaged the road .BY NORBAITI PHAHARORADZIKULAI: Inaction over the prolonged and recurring mudflow over the past four years in Taman Muhibah here is frustrating residents.Auxiliary policeman S. Vikneswaran, 27, who moved to the area six years ago,...