News by edgeprop.my

They include well-known names such as Netflix, Spotify, Google and Airbnb.

The report also said multiple new records in property sales were set in the same period — the highest price per sq ft land deal, the biggest sum paid for an office block and the sale of the hotel with the largest room inventory.

The report said mergers and acquisitions (M&A) in 2010 started with government-linked UEM Land Holdings Bhd launching a RM1.4 billion takeover bid for privately-held property developer Sunrise Bhd, known for developing Mont’Kiara.

The report said projects such as the extension of the light rail transit (LRT) in the Klang Valley to the Second Penang Bridge contributed to the economy and directly benefited a host of construction and construction-related companies but required a lot of borrowed money made worse by ballooning costs.

Tesco is expected to call for initial bids next month but potential bidders might not make any offers as deliberations continue, the report cautioned.

Meanwhile, the prices per litre of RON95 and diesel will remain at RM2.08 and RM2.18 respectively.

The allowance was originally implemented to encourage more people to join the workplace in a sector where there was a critical shortage of skilled manpower, and there is currently no such shortage in the previously determined sectors. 

Datuk Seri Dr Dzulkefly Ahmad: The needs of each ministry is different and it is necessary to bring this issue up to the Cabinet again.

Ampang Jaya Municipal Council (MPAJ) president Datuk Abdul Hamid Hussain has ordered the architect and consultant engineer involved in the construction of the house near the retaining wall “to submit a report to the council”.

In Kuala Lumpur, cloudy skies hampered viewing of the partial eclipse between 1pm and 1:30pm.