News Feed
Q2 2016 HRS Hotel Price Radar: Tokyo, Sydney, Singapore Dominate the Region over Two Quarters with Highest Average Hotel Room Rates
SINGAPORE: Amidst the global economic recession and geopolitical uncertainty surrounding terrorism risks, Brexit and the 2016 USA Elections, business travel in Asia Pacific continues to demonstrate resilience with the region attaining the largest share of business travel spend ahead of North...
Sabahans looking to invest should consider developer’s villa in the sky
BY RUBEN SARIO KOTA KINABALU: Sabahans looking to invest in Kuala Lumpur property can check out a unique condominium project featuring a sandy beach.The Setia Sky Seputeh touted as villas in the sky would be located just 500m from Mid Valley Megamall.The project being developed by SP Setia Bhd...
LBS Bina seen meeting RM1.2bil sales target
BY S. PUSPADEVIPETALING JAYA: LBS Bina Group Bhd is poised to meet its RM1.2bil full-year sales target and has the capacity to beat its peers in terms of sales and earnings growth, despite the soft property market, according to research houses.CIMB Research in its published report said LBS had sold...
APEA 2016 RECIPIENT, DATUK WIRA JOEY LIM: DRIVE, FOCUS AND RECEPTIVENESS IS KEY
SF: LBS Executive Director Receives APEA 2016 Award For Outstanding Leadership In The Property Industry And Involvement In Nurturing Communities Petaling Jaya, 29 August 2016 – The Asia Pacific Entrepreneurship Award (APEA) 2016 recently presented LBS Bina Group Berhad (LBS) Executive...
Malaysians are borrowing too much, not saving enough
BY NADYA NGUIKhazanah Research Institute Managing Director Datuk Charon Mokhzani speak to the media during the presentation of the State of Household II in Kuala Lumpur, on Monday.. - MUHAMAD SHAHRIL ROSLI/The starKUALA LUMPUR: There is a concern that Malaysians are borrowing too much and not...
MPSJ targets heavy vehicles parked in housing areas
A SPAD officer taking a picture of a lorry’s road tax during the joint operation.OWNERS of heavy vehicles who parked in residential areas have been issued with summonses in a joint operation by Subang Jaya Municipal Council (MPSJ) and Land Transport Commission (SPAD).Over 20 summonses were issued...
Households are better off, Malaysians living longer, says Khazanah Research Institute
BY NADYA NGUIKhazanah Research Institute is a not-for-profit organisation sponsored by Khazanah Nasional Bhd.KUALA LUMPUR: Households were better off in 2014 compared with 2012 due to higher median income of RM4,585 and average income of RM6,141, according to Khazanah Research Institute.Khazanah...
MBSA takes drastic measures to find assessment tax defaulters
BY PRIYA MENONPROPERTY owners in Shah Alam who have defaulted in paying up their assessment, beware – Shah Alam City Council is going to track you down.Mayor Datuk Ahmad Zaharin Mohd Saad said the council had sought the assistance of the National Registration Department (NRD) to find the...
Only 12 safety inspectors for over 600 construction sites
BY RAZAK AHMAD, QISHIN TARIQ, SHAZNI ONG, andALLISON LAINot enough: Of the 60 DOSH technical employees, only 12 are tasked to inspect construction sites while the rest monitor factories and other type of workplaces.PETALING JAYA: There are more than 600 construction sites in Klang Valley alone....
LBS' 6-month earnings up to RM37mil
PETALING JAYA: LBS Bina Group Bhd’s net profit for its second quarter ended June 30, dipped slightly to RM20.15mil from RM21.74mil in the previous corresponding period, while revenue rose to RM225.61mil from RM223.02mil a year earlier.In a filing with Bursa Malaysia, the company attributed the...