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FIFA expects strong demand for Qatar 2022 hospitality packages
(Reuters) - FIFA's hospitality packages for the 2022 World Cup in Qatar generated "unprecedented levels of interest" even before going on sale on Monday, soccer's world governing body said.
Rebound on the cards for property market
PETALING JAYA: The local property sector should start to see a mild rebound in the second half of 2021, on the back of fewer Covid-19 cases, the availability of the vaccine and steady pick-up in economic activity.
No earnings surprises for property sector, says AmInvestment
KUALA LUMPUR: AmInvestment Bank Research does not expect to see earnings surprises for the property sector over the next 12 to 18 months although companies with overseas exposure are expected to perform better.
UEM Sunrise posts RM28.9mil loss in Q3Â
KUALA LUMPUR: Property developer UEM Sunrise Bhd remained in the red for a third consecutive quarters, but is planning to ramp up new launches amid a pick up in sales.
Exxon downsizes global empire as Wall St worries about dividend
HOUSTON: Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and projects.
China Evergrande offers 30% discount for all properties to boost sales
HONG KONG: China Evergrande Group, the country's No.2 property developer by sales, said it is offering a 30% discount on properties for a month from Monday as it seeks to meet ambitious sales targets.
Automotive to drive UMW’s earnings in second half
KUALA LUMPUR: The automotive segment’s sales by UMW Toyota Motor (UMWT) and Perodua is expected to drive UMW Holdings Bhd’s earnings in the second half of this year.
