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The Nomad Group to expand new core business
The Nomad Group Bhd, previously known as Kuala Lumpur City Corp Bhd, plans to expand its new core business in serviced residences to Penang and Thailand as well as increase the number of its serviced office centres to eight by year-end.
US economy halting, says OECD
US economic growth is grinding to a halt, stung by what could be the worst housing slump on record, the Organisation for Economic Cooperation and Development said on Thursday.
Axis REIT to buy factory, warehouse
Axis Real Estate Investment Trust (Axis REIT) said its trustee, OSK Trustees Bhd, has entered into sale and purchase agreements with vendors for the purchase of a single-storey detached factory with ancillary buildings and a one-storey warehouse building with a 3-storey office and guard house and ancillary buildings for a total RM27mil.hr noshade size=1 width=50%>
CRSC, Aman Resorts plan RM200mil Belum resort
The CRSC group and Aman Resorts International are investing a total of RM200mil to develop an eco-tourism and island resort on Pulau Besar in Tasik Temenggor, Belum forest reserve.
Jusco aims to better RM1.2b sales
JAYA Jusco Stores Bhd expects sales revenue in its financial year ending February to equal or even beat the RM1.2bil it recorded last year.
Accountants make it big in Shanghai
FAILURE is no deterrent to a brave heart. For three Malaysian accountants in their thirties, it is a combination of youth, spirit of adventure and thirst for opportunities that has led them to persevere in a business they see tremendous potential in.
Sime to launch 110 units with RM46.3mil GDV
Sime Darby Property will launch 110 units of its double-storey link Topaz homes in Putra Heights, Selangor with a gross development value of RM46.3mil on March 28.
US companies’ hunt for profit takes them eastward
With corporate America scrambling to fatten its profits amid a fledgling US economic rebound, Asia's rapidly emerging markets are fast becoming a staple for growth-hungry US companies.
UMLand to launch two more high-end condos
United Malayan Land Bhd (UMLand) will launch two more high-end condominiums in Kuala Lumpur this year following the launch of its Suasana Bangsar condominiums over the weekend. All three projects will have a gross development value of over RM1bil.
Jusco Permas Jaya boon for township
Property Talk: A weekly column by S.C. Cheah. This week he says that the opening of the Jaya Jusco store in Bandar Baru Permas Jaya recently has boosted the importance of this 564ha township, billed as the largest integrated housing development in Johor Baru.
