Guocoland braces for challenges

Quick Summary:

Guocoland (Malaysia) Bhd believes that challenges remain in the domestic property sector from elevated interest rates and rising construction costs leading to depressed profit margins.

Paragon Globe secures development rights for 71.

Amir Hamzah: SST enhancements expected to help generate RM51.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: HospitalityGrowth Guocoland NetProfit RevenueDrop ConstructionCosts InterestRates Corporate News Oversupply /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 00:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 169 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23558950

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 34 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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