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Daily Archives: November 16, 2019

Indonesia explores economic opportunities with Labuan as it relocates capital

LABUAN, Indonesia has identified various economic and investment areas in which it can cooperate with Labuan in line with the plan to shift its capital from Jakarta to East Kalimantan. Hot on the heels of…

Singapore-listed Nam Cheong to build shipyard in Labuan

LABUAN, Kiamsam is poised to be a new economic growth catalyst for Labuan as Malaysia’s largest offshore support vessel (OSV) builder Nam Cheong Dockyard Sdn Bhd will invest RM60 million to turn the existing Labuan…

DPUKM inks MoU to bring Malaysian products worth 20 mln RMB to China

CHANGSHA (China), The Malaysian Small Entrepreneurs Chamber of Commerce (DPUKM) today signed a memorandum of understanding (MoU) with one of China’s leading hypermarkets, E-Fresh Food Corporation Ltd, for the sale of 20 million renminbi (about…

MED eyes 45 pct SME contribution to GDP in 5 years

ALOR GAJAH, The Ministry of Entrepreneur Development (MED) aims to raise the contribution of small and medium enterprises (SMEs) to gross domestic product to 45 per cent from 38.3 per cent currently within five years…

Madison Realty Capital Provides $48 Million First Mortgage Loan For Office Development in Manhattan’s East Village

Senior loan is part of a $79.1 million financing that fully capitalizes a 10-story boutique mixed-use office development at 3 St. Mark’s Place   NEW YORK, Nov. 15, 2019 (GLOBE NEWSWIRE) — Madison Realty Capital (MRC)…