LBS Bina Group Bhd intends to ramp up its developments in Cameron Highlands and Genting Permai in Pahang with a mix of product offerings, according to its executive chairman Tan Sri Lim Hock San. Cameron Centrum, the new town in Brinchang with the most commercial offerings in Cameron Highlands, is being expanded by the developer....
Read moreMaybank Investment Banking Group (Maybank IBG) expects office rents to remain under pressure with lower occupancy rates and tenants favouring newer and sustainable buildings. According to its MY Credit Outlook 2022 – Chartbook and Views report, property developers’ credit metrics remained strong overall, and the impact of Cukai Makmur should be minimal because projects are...
Read moreLe Meridien, a French hotel chain, plans to enter the Penang hospitality industry in 2026, opening Le Meridien Penang Airport in Bayan Lepas, near the Penang International Airport. The 200-room hotel is part of the Penang Gateway mixed-development by Rackson Group, an up-and-coming developer. This urban development will include a designated office tower, serviced suites,...
Read moreTo determine what products to sell in his stores when he began his business a half-century ago, Joe Coulombe applied what he calls the Four Tests: “high value per cubic inch; high rate of consumption; easily handled; and something in which we could be outstanding in terms of price or assortment.” That’s how Trader Joe’s...
Read moreWhat is it that truly differentiates one candidate from another during the application process? Whether we are talking about the stage involving the vetting of resumes or the interview stage, certain qualities are increasingly taking centre stage in the mind of recruiters. They are looking for such qualities in potential hires. For jobseekers who want...
Read moreRHB Investment Bank Bhd has maintained a neutral or cautious outlook for the local property sector, predicting a bumpy road to recovery this year. This is despite a positive market response, with pent-up demand for properties in the second half of 2021. According to the investment bank, negative headwinds such as a resurgence of the...
Read moreHap Seng Consolidated Bhd is buying a parcel of vacant commercial land on Jalan Duta here for RM868.8 million to build a mixed development with an estimated gross development value of RM8.7 billion. Hap Seng, via its wholly-owned Sierra Positive Sdn Bhd, has inked an agreement with Naza TTDI Sdn Bhd’s unit TTDI KL Metropolis...
Read moreParty Secretary General and State President Thongloun Sisoulith (pic) has delivered a New Year speech through the media, highlighting the opportunities and challenges that lie ahead for Laos in 2022. In a speech to bid farewell to 2021 and welcome in the New Year 2022, the President extended best wishes to people of all ethnicities...
Read moreSavills Malaysia cautioned that 2022 might not get any easier for the local real estate sector as the current economic conditions remained muted. Group managing director Datuk Sr Paul Khong said new opportunities could still be aplenty in these rapidly evolving markets, and the real estate sector should continue to capture the pent-up demand in...
Read moreTO build up a stronger bond and connect with the local communities surrounding the Merdeka 118 precinct, PNB Merdeka Ventures Sdn Bhd (PMVSB) has spearheaded its Merdeka 118 Community Grants Programme in collaboration with urban rejuvenation organisation Think City Sdn Bhd. PMVSB is a wholly owned subsidiary of Permodalan Nasional Bhd (PNB). An objective is...
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