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Business

US-based Horizon Group to invest RM180m in Sepang project

KUALA LUMPUR: US-based property developer Horizon Group Properties Inc, which has tied up with local property firm Mainstay Properties Sdn Bhd, will invest RM180mil to develop "The Outlet Shoppes" in Sepang.

Business

DNC to sell 15,000 to 20,000 made-in-Malaysia motorcycles in Sri Lanka

KUCHING: DNC Asiatic Holdings Sdn Bhd targets to sell 15,000 to 20,000 made-in-Malaysia motorcycles in Sri Lanka this year.

Business

Preservation of heritage is vital, bravo for reopening of Majestic Hotel

And in KL, we also dont have the new and old KL. It is one KL, the new and old combined into one, unlike the new and old Jakarta, or even Bangkok. Having said that, the problem we have is some of our old charms, the pre-war shop houses and buildings are pretty much abandoned. ... Preservation of heritage is vital ...

Business

ETP to keep Malaysia on the right track to high-income status by 2020

BEING a small and open economy, Malaysia may not be totally insulated from the effects of a global economic slowdown expected in the year ahead. But the last thing we have to do, says Datuk Seri Idris Jala, is to bury our heads in the sand.

Business

Popular Book to open new outlet in Sarawak

KUCHING: Popular Book Co (M) Sdn Bhd, the country largest bookstore chain, will open a new outlet in June next year as part of its plan to expand in Sarawak and Sabah.

Business

VW inaugurates plant geared to US market

CHATTANOOGA, Tennessee: Volkswagen is jumping into the U.S. auto market with a new Passat that is bigger, cheaper and built domestically in hopes of breaking into the competitive midsize sedan market.

Business

Good uptake for serviced units

WITH the uptrend in the global economy, managers and operators of serviced apartments in the prime areas of Kuala Lumpur are seeing healthy occupancy rates for their units.

Business

Golden Corporate Heritage’s RM1.2bil project in Malacca on track

KUALA LUMPUR: Golden Corporate Heritage Sdn Bhd's RM1.2bil development to turn parts of Malacca into an Arab City by 2012 is progressing well, said managing director Hesham Fathi.

Business

YNH’s serviced residences to be managed by Fraser & Neave

GEORGE TOWN: YNH Property Bhd rebranded a month ago its RM350mil 163 Seviced Suites project as the five-star Fraser Place Kuala Lumpur to be managed by Frasers Hospitality Pte Ltd, the hospitality arm of the Fraser Neave Group.