Malaysian Digest - Malaysia News and Current Affairs

Business

AmanahRaya REIT To Dispose Permanis Factory For RM31 Million

KUALA LUMPUR: CIMB Islamic Trustee Bhd, the trustee for AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) will dispose Permanis Sdn Bhd's factory for RM31 million.

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Homedec '13 Eyes 10 to 20 Pct Growth In Business Transactions

KUALA LUMPUR: Home decor exhibition, Homedec'13, aims to register business transaction growth of between 10 to 20 per cent over the RM40 million recorded last year.

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Nestle To Increase Capex To Over RM200 Million

KUALA LUMPUR: Nestle (M) Bhd plans to increase its capital expenditure (capex) this year to over RM200 million from RM160 million last year to boost its ready-to-drink products.

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Malaysia's Industrial Land Prices Rise To Unreasonable Levels

KUALA LUMPUR: “Chronic” speculation has driven up prices of industrial land to outstrip even that of some advanced Western countries, said Malaysian Real Estate Investment Trust (REIT) Managers Association chairman Datuk Stewart LaBrooy.

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Employees Who Work Less Than A Year Are Job Hoppers - Survey

KUALA LUMPUR: A survey by JobStreet.com has shown that 76 per cent of employers consider employees who work less than a year as job hoppers.

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Iskandar Malaysia To Create Over 500,000 Jobs In Next 5 To 8 Years

SINGAPORE: Johor Menteri Besar Datuk Abdul Ghani Othman said the development projects in Iskandar Malaysia are expected to generate more than half a million jobs in the next five to eight years.

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Perodua Still Malaysia's Most Popular Car Brand

SEREMBAN: Perodua is still Malaysia's most popular compact car brand, says the company's chief executive officer, Datuk Aminar Rashid Salleh.

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Wall Street Rose, Led By Energy, Tech Shares

NEW YORK: The S&P 500 index ended at an all-time high on Monday as growth-oriented stocks, including energy and technology, lead the way to the index's sixth rise in the past seven sessions.

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