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THE travel and tourism industry is one of the fastest growing industries in the services sector. The industry, which encompasses transportation, accommodation, food and beverage, and recreation and entertainment, is currently the second largest gross domestic product (GDP) contributing industry for Malaysia.
MALAYSIA, with its competitively priced hotel accommodation and unique cultural experience, offers the best value destination to tourists, French hotelier Jean-Jacques Kiefer said.
CHICAGO/NEW YORK: A handful of Federal Reserve policy doves on Tuesday showed no sign they were prepared to dial down the central bank's extraordinary accommodation any time soon, even though one gave a highly optimistic outlook that the economy will turn the corner next year.
KUALA LUMPUR: Alam Maritim Resources Bhd said its jointly-controlled company Alam Radiance (L) Inc has signed a memorandum of agreement with Pacific Crest Pte Ltd to acquire a 402 men/100m accommodation work barge, Crest Station 3, for US$31.55mil (RM94.65mil).
KUALA LUMPUR, Oct 1 (Reuters) - CIMB Trust-Capital Advisors (CIMB-TCA), which administers private equity real estate investments for Malaysian lender CIMB, has bought a 16-storey office accommodation block in Australia for 845 million ringgit ($259.24 million), the firm said in a statement on Tuesday.
KUALA LUMPUR: CIMB TrustCapital Advisors (CIMB-TCA) has acquired its fifth property in Australia, a 16-storey office accommodation in Melbourne, for RM845mil.