By FXTM Chief Market Analyst Jameel AhmadTHE fragile USD changed the balance of power with emerging market currencies, with both the Indonesian Rupiah and Malaysian Ringgit strengthening against it.April brought headwinds for the USD, which weakened against its main rivals mainly on the lack of...

Housing developments provide ample opportunities for investors and homebuyers.By LEE YAN LIlylee@thestar.com.myIT has been challenging time for both purchasers and developers. Bank Negara Malaysia (BNM) recently said there was a “supply mismatch” between buyers’ and developers’ expectation...

BY JACK WONGContainers dotting the Bintulu Port’s terminals. — filepicKUCHING: Bintulu Port Holdings Bhd (BPHB) has re-scheduled several of its major development projects for Bintulu Port as the economic slowdown has affected its total cargo throughput.Chief executive officer Datuk Mior Ahmad...

KUALA LUMPUR: Khazanah Nasional Bhd and Mitsui & Co will take up a combined 40% stake in a joint venture led by NYSE-listed DaVita HealthCare Partners Inc to expand kidney care services in Asia-Pacific.DaVita said in a press statement issued out of Denver on Wednesday that the three parties signed...

ISKANDAR PUTERI: Johor MIC chairman Datuk M. Asojan has called on the state government to provide a temporary site deemed safe for the Hindu community to conduct final funeral rituals for their loved ones.The Bukit Gambir assemblyman made the suggestion following a recent case where an 18-year-old...

BY CAVINA LIMVision for the state: (From right) Szeto giving a presentation on the Penang Transport Master Plan at Komtar in Penang. With him are Chow and Lim.GEORGE TOWN: Trams travelling on the streets statewide are not feasible substitutes for elevated light rail transit trains as they need a...

KUALA LUMPUR: Vivocom International Holdings Bhd’s subsidiary has inked an agreement for a RM160mil contract to carry out a mixed development project in Ipoh.Vivocom (formerly Instacom Enterprise Sdn Bhd) said yesterday that its subsidiary Vivocom Enterprise Sdn Bhd (VESB) had inked a heads of...

BY BAVANI MAn aerial view of the abandoned Plaza Rakyat project in Jalan Pudu. – filepicABOUT 50 of the total 222 buyers of units of the abandoned Plaza Rakyat project in Pudu have provided the new developer with the necessary documents as proof of purchase to facilitate compensation.They have...

BY SHEILA SRI PRIYAOne of the sewerage project sites in Petaling Jaya Old Town beside Pasar Jalan Othman.SEWER project contractors in Petaling Jaya Old Town were seen covering the construction shafts along the main roads with concrete barriers yesterday morning.Thick slabs of concrete were also...

BY EMILY K.Harvey Norman Bedding Department general manager Eddy Ng (fourth from right), Ong (third from right) and Aruldoss (second from right) with representatives from the welfare homes at the handover ceremony.TWO hundred children can now sleep soundly as Australian home furnishing store Harvey...