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Property sector to gain from Urban Renewal Act

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Analysts believe that the introduction of the Urban Renewal Act (URA) will act as a structural catalyst for the property sector, as it opens up fresh land banking opportunities in […]

Roundup: German industrial output falls in Q3, experts warn sector remains weak

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BERLIN, Nov. 6 (Xinhua) — Germany’s industrial production fell 0.8 percent in the third quarter (Q3), official data showed on Thursday, as a 1.3-percent rebound in September failed to offset […]

UN, partners scale up response following earthquake in Afghanistan: spokesperson

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UNITED NATIONS, Nov. 6 (Xinhua) — The United Nations and its partners are scaling up their response following the earthquake that struck the north of Afghanistan early this week, said […]

PNB issues RM6bil Merdeka sukuk

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PNB Merdeka Ventures Sdn Bhd (PNBMV), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has completed the inaugural issuance of sustainability Merdeka sukuk wakalah under its Merdeka sukuk wakalah programme […]

Gamuda aims to grow recurring-income assets

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Gamuda Bhd’s planned 40-year water concession in Kerian, Perak, which includes supplying treated water to Penang, highlights the builder’s efforts to grow recurring-income assets, says an analyst. Read full story […]

OPR retained at 2.75%

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After months of cautious language and watchful patience, Bank Negara Malaysia’s (BNM) latest statement hints at a gradual shift in tone, one that changes from wary to quietly more hopeful. […]

Feature: Syrians struggle to adapt as electricity price hikes deepen daily hardships

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DAMASCUS, Nov. 6 (Xinhua) — Syrians are grappling with the interim government’s recent decision to sharply increase electricity prices, a move that has sparked widespread concern over its impact on […]

Bahrain, Qatar launch 1st passenger sea route

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MANAMA, Nov. 6 (Xinhua) — Bahrain and Qatar launched the first passenger sea route on Thursday, connecting Khalifa bin Salman Port in Bahrain with Al-Ruwais Port in Qatar. Read full […]

Tehran’s main dams only 11 pct full amid severe drought

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TEHRAN, Nov. 6 (Xinhua) — The five main dams supplying water to Tehran are only 11 percent full, the semi-official Fars news agency reported Thursday, as the Iranian capital enters […]

Teenager identified as killer of assassinated Mexican mayor

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MEXICO CITY -A 17-year-old boy has been confirmed as the perpetrator of the deadly shooting of Carlos Manzo, mayor of the Mexican city of Uruapan, during a public event in […]

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