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Short-term stable outlook for shop offices and retail space

PETALING JAYA: The short-term outlook for shop offices and retail space in the Klang Valley is stable despite concerns over inflationary pressures as well as reduced rental yields, property consultants say.

Staying healthy in a down market

DAY after day, we are pounded by so much negative data that inevitably makes us depressed and worried. Those with outstanding debts will be trying their best to perform a balancing act of repayment and refinancing, while praying hard for the crisis to blow over.

Kraft to cut 6,000 jobs, close 29 plants

Kraft Foods Inc said it will eliminate 6,000 jobs, or 6% of its workforce, and close 20 plants worldwide over the next three years. The restructuring follows more than a year of disappointing sales and earnings for the biggest US food company.

Ogawa makes strong debut on Bursa

Ogawa World Bhd shares debuted at a 40 sen, or 40%, premium against its issue price of RM1 on the main board yesterday. Executive director Louis Chong said: 'With our successful listing, we will certainly be aggressively expanding our business and brand building in Malaysia and overseas.'

PwC identifies high growth areas

KUALA LUMPUR: High-tech manufacturing, consumer goods and infrastructure are three areas of potential high growth in the next few years, said PwC Growth Markets Centre leader and partner David Wijeratne.

Local startups set for regional challenge

THREE Malaysian startups have been selected as regional finalists in the Alipay-NUS Enterprise Social Innovation Challenge for their innovative waste management solutions.

Sex businesses find willing partners in cryptos

Freedom from complications has some adult companies cheering the swell of digital currencies, including Bitcoin and Ethereum, and the rise of digital-payment tokens, which could help them skirt skeptical intermediaries and allow customers to make direct payments.

Great Eastern Life Assurance voted best employer for a fifth time

Great Eastern Life Assurance (Malaysia) Bhd has been recognised for the fifth consecutive year as one of the best places to work at in the Malaysia’s 100 Leading Graduate Employers 2013 list.

All systems go in Medini

NUSAJAYA: Global Capital and Development Sdn Bhd will be launching three mixed property development zones in Medini, near here, in the last quarter of the year.

RM141mil sales from expo

NANNING: Malaysian exhibitors generated total sales of RM141.12mil from the China-Asean Expo held here in Chinas Guangxi Zhuang autonomous region from Sept 21-25.