PROPERTY analysts and experts are mixed in their property market outlook for next year due to the uncertainty that is looming ahead of the Goods and Services Tax (GST) implementation next year.
SEPANG: Malaysia Airlines (MAS) has taken delivery of its 100th Boeing 737 aircraft, which is the next generation B737-800.
KUALA LUMPUR: Mulpha International Bhd is buying a total of 4.401ha in Australia for A$120 million (RM340.8 million).
KUALA LUMPUR: MMC Corp Bhd has awarded a RM470 million sewage treatment contract to a proposed consortium comprising Salcon Bhd and Loh & Loh Constructions Sdn Bhd.
KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed US$50 higher at US$19,150 a tonne yesterday, following the rebound in the metal price on the London Metal Exchange (LME).
KUALA LUMPUR: The ringgit closed lower against the US dollar yesterday, as “dollar-buying” sentiment continued to weigh on demand.
LONDON: Oil fell towards US$60 a barrel yesterday, reversing gains after Saudi Arabia indicated it could increase its output.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (Klibor) futures contracts on Bursa Malaysia Derivatives remained untraded at close yesterday.
KUALA LUMPUR: Gold futures contracts on Bursa Malaysia Derivatives closed broadly higher yesterday, tracking gains on the US Commodity Exchange’s gold futures as crude oil prices rebounded.
KUALA LUMPUR: The Malaysian rubber market closed higher yesterday amid the weakening ringgit, a dealer said.
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended broadly higher as better-than-expected exports data helped boost market sentiment.
MALAYSIA may have moved up the World Bank rankings in ease of doing business in recent years, but a significant jump can be expected in 2017 with the reforms in the tax payment system in place.
KUALA LUMPUR: Permodalan Nasional Bhd (PNB), Malaysia’s largest fund manager, has named Datuk Idris Kechot as its deputy president and group chief operating officer effective this month.
KUALA LUMPUR: Azmi Abdul Aziz, the former head of Rapid KL rail operations, returns to Prasarana Malaysia Bhd to take the helm of the country’s leading public transport services as the group managing director effective January 1 next year.
PORT KLANG: Port and logistics operator NCB Holdings Bhd (NCB) targets to increase its asset utilisation rate from 75 per cent to 90 per cent by the end of next year, thus increasing profitability.
BENALEC Holdings Bhd, a marine construction services provider, said its land reclamation project for 1MY Strategic Oil Terminal Sdn Bhd in Tanjung Piai, Johor, has been delayed on the client’s request.
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