Disaster response network to coordinate GLC and GLIC Covid-19 aid

KUALA LUMPUR (Bernama): The Government-Linked Companies (GLCs) and Government-Linked Investment Companies’ (GLICs) Disaster Response Network, together with various partners, is working and coordinating these companies’ support in assisting the Health Ministry to tackle the Covid-19 pandemic.

Property sales expected to stay sluggish in H1

PETALING JAYA: The property market is expected to remain sluggish in the first half of 2020 despite back-to-back reductions in the overnight policy rate (OPR) as sentiment determines buying decision.

Indonesia to be key market for UEM Edgenta

Sime Property, Bermaz, Power Root to gain from OPR cut

KUALA LUMPUR: CGS-CIMB Equities Research views the 25 basis point cut in the Overnight Policy Rate (OPR) to be positive for cyclical sectors.

Developing PPR kids’ English skills through song and games

OVER 80 children of Taman Putra Damai People’s Housing Project (PPR) participated in a Children Learn English and Speaking Skills (CLASS) programme to improve their English.

Developers have mixed views on property sector’s outlook in 2020

WITH the final reporting season for 2019 just concluded, most developers were able to provide guidance to investors on the outlook for the local property sector in 2020.

Conservative target by Sime Darby Property

KUALA LUMPUR: Sime Darby Property Bhd is maintaining its 2019 sales target of RM2.3bil for this year as it expects a challenging outlook for the property market in 2020.

Sime Darby Prop to offer more affordable properties amid market uncertainty

KUALA LUMPUR: Sime Darby Property Bhd is retaining its 2019 sales target of RM2.3bil for this year, as the company expects 2020 to be a challenging year for the property market.

CGS-CIMB Research keeps Add for Sime Darby Property but lower TP

KUALA LUMPUR: CGS-CIMB Equities Research is retaining its Add recommendation for Sime Darby Property due to its solid balance sheet and stronger sales momentum but lowered the target price.

Sime Darby Property post sales of RM3.1bil

PETALING JAYA: Sime Darby Property Bhd posted sales of RM3.1bil last year, 35% higher than its target of RM2.3bil but cautioned that the property market is expected to remain soft in 2020