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• Mortgage lender fined $3.5 million for kickback scheme
  CNNMoney (New York) A major mortgage lender has been fined $3.5 million for allegedly using kickbacks to drum up business. .....詳全文
• Anchor Land asserts spot in Bay City development
  Anchor Land is launching the Monarch Parksuites where is the biggest residential condominium with perfect perspective views with bay. It is the prime location for great investment in Aseana City. .....詳全文
• EcoWorld builds hassle-free business parks in Johor
  EcoWorld is developing four business parks including factories。 These are huge volume of earning yield. Because it is business community and environment. The strength location responds with people's demand especially nearby residential township. Particularly Johor, it is the state of core economy in Malaysia. So, the forecast is to ensure how industrial property will be growing in Johor where is manufacturing powerhouse. .....詳全文
• Thailand waives visa fee for 19 countries, mulls new 10y retirement visa
  〔Thailand Business News〕In order to promote tourism during the tourism high season, the cabinet agreed on Tuesday to waive visa fees for tourists from 19 countries as of December 1 until February 28. Tourists from 19 countries including Andora, Bulgaria, Bhutan, China, Cyprus, Ethiopia, India, Kazakhstan, Latvia, Lithuania, Maldives, Malta, Mauritius, Romania, San Mario, Saudi Arabia, Taiwan, Ukraine and Uzbekistan need not have to pay the 1,000 baht visa fee when they apply for a visa at Thai embassies or consular offices. .....詳全文
• Brexit fears are driving London home prices down: report
  〔The Real Deal〕London home prices are falling down, falling down, falling down. Property values in London are forecast to fall next year as the uncertainty surrounding Brexit strangles the market, according to the U.K.-based economics consultancy Centre for Economics and Business Research (Cebr). Home prices, especially in London’s priciest areas, are predicted to drop 5.6 percent in 2017, according to Cebr’s research. .....詳全文
• WCT to launch shopping mall REIT
  In a bid to raise funds and reduce its existing debt, WCT Holdings Bhd intends to establish a real estate investment trust (REIT), according to a report from The Star. The company’s initial plan is to create a trust of four shopping malls with a total net leasable area (NLA) of 3.3 million sq ft as its hotel business is still in the fledgling stage. .....詳全文
• Bina Puri to build iconic Twin Towers in Iskandar Malaysia costing RM195 Million
  KUALA LUMPUR -- Bina Puri Holdings Bhd will build two blocks of 23-storey office towers in Medini's Central Business District, Iskandar Malaysia, Johor costing RM195 million. The company said the skyscraper project to be completed within 29 months will be developed by its wholly-owned subsidiary, Bina Puri Sdn Bhd. .....詳全文
• Mitrajaya expects RM1.75bil contribution from construction business
  Mitrajaya Holdings Bhd expects contribution from its construction business to remain good this year, supported by its RM1.75 billion outstanding order book. According to Managing Director Tan Eng Piow, the company was also looking into the possibility of acquiring more land banks in the coming years. .....詳全文
• Where to invest in Malaysia?
  More and more foreigners are making Malaysia their new home as gloomy prospects and skyrocketing prices continue to dampen spirits in the West. Malaysia is in its most radical transformation as it battles to achieve the Vision 2020 where the transformation is visible on the political front, the public sector as well as Malaysian business entities. .....詳全文
• Kobay Subsidiary To Build Condominium With GDV Of RM80.4 Million
  KUALA LUMPUR, 18 May -- Kobay Technology Bhd's wholly-owned unit, Kobay Systems Sdn Bhd, has entered into a joint development agreement with two businessmen to build a condominium with a gross development value of RM80.4 million on a 0.68-hectare land in Mukim Batu here. .....詳全文