THERE is huge potential for the local real estate market for new homes to be expanded if developers focus on design quality.
HIJJAZ Kasturi Associate Sdn Bhd (HKAS) senior associate, Mohd Amir Hamzah Abdul Rahman, said innovation today is driven by a purchaser’s behaviourial change.
NEW YORK: Oil traded lower yesterday, pressured by ample supply and concern over a weakening of demand growth in major consumer nations, as well as by a rise in the US dollar.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract ended untraded yesterday.
KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed US$100 higher yesterday at US$21,200 a tonne on technical correction, dealers said.
KUALA LUMPUR: Gold futures contracts on Bursa Malaysia Derivatives continued to close lower yesterday, tracking New York Commodity Exchange's (Comex) gold futures which hit an 8.5-month low.
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mixed yesterday on profit-taking, a dealer said.
KUALA LUMPUR: The ringgit closed lower against the US dollar yesterday as investors shifted their interest to the greenback, a dealer said.
KUALA LUMPUR: Malaysian rubber prices closed mixed yesterday amid thin trade, weighed by concerns on supply and the ringgit performance, a dealer said.
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is said to be in the midst of selling up to RM8.4 billion worth of sukuk, the largest globally so far this year.
RHB Banking Group’s Islamic banking arm, RHB Islamic Bank, co-managed Hong Kong government’s inaugural US$1 billion (RM3.24 billion) sukuk issuance, marking the world’s first US dollar-denominated sukuk originated by a “AAA”-rated government.
KUALA LUMPUR/SINGAPORE: Malay-sian helicopter operator Weststar Aviation Services, partly owned by United States private equity company KKR & Co, is inviting banks to pitch for a share listing slated for 2015, sources said.
KUALA LUMPUR: The revisions to the United States Federal Reserve (Fed) fund’s projections suggest a higher probability of a rate hike closer towards March 2015.
POSITIVE consumer sentiment drove vehicle sales higher in August with 51,125 units sold versus 51,106 units sold in the same month last year.
KUALA LUMPUR: Pengurusan Air Selangor (Air Selangor), the Selangor government’s new special purpose vehicle (SPV), is waiting for the four concessionaires to discuss the water asset sale with their shareholders within the next two months.
KUALA LUMPUR: Some RM20 billion worth of construction works for new highways under the 10th Malaysia Plan (10MP) are expected to commence next year pending final approval, said Works Minister Datuk Fadillah Yusof.
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