2025

Industrial sector outlook remains stable amid evolving global dynamics, says Rehda past president November 27, 2025 | Updated 1 week ago Rehda’s trustee, past president and patron national council member Datuk Seri Michael KC Yam during his welcoming address “People now see that Malaysia is an attractive destination,” he said, noting that companies have already...

Exsim Development, Maba jointly break ground for 60-storey redevelopment project in KL December 01, 2025 | Updated 4 days ago The former 12-storey Wisma Maba will be redeveloped by Exsim Development and Maba into a 60-storey serviced apartment project. (Photo courtesy of Matrix Concepts) With a gross development value of RM800 million, the project will offer about 1,300 units...

Govt rejects en-bloc model, urban renewal to rely on owners' consent—PLANMalaysia Bernama December 01, 2025 | Updated 4 days ago PLANMalaysia deputy director general (development) Saidin Lateh said the en-bloc approach practised in Singapore, Hong Kong and parts of Australia allows owners to collectively sell their properties and relocate. However, this contradicts the...

Trans-Borneo Railway: Study and planning underway, says Sarawak transport minister Bernama December 02, 2025 | Updated 3 days ago Sarawak Transport Minister Datuk Seri Lee Kim Shin said the first interim report was presented on Oct 30 this year, and the feasibility study is expected to be completed by June 2026. KUCHING (Dec 2): The Trans-Borneo Railway project is...

Deputy housing minister says 1,333 abandoned projects with GDV totalling RM126b revived as of Oct 31 Bernama December 02, 2025 | Updated 3 days ago (Photo taken from Facebook of KPKT Malaysia) Deputy Minister Datuk Aiman Athirah Sabu: To ensure developers take this issue seriously, the ministry has taken stern action, including prosecution, compounds and blacklisting...

‘Duta enclave’ land dispute: Govt valuer says she relied on DBKL info on zoning, not ‘hope value’ of land Taking the stand as part of court proceedings on assessing "mesne profits" that is to be paid out to Semantan Estate Sdn Bhd, Nurzahirah Umar said that zoning was one of nine factors she considered when determining the market value of the 263.27 acres of...

BNM governor says OPR cut pre-emptively to preserve steady growth path Bernama July 11, 2025 | Updated 13 hours ago Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course. Future policy decisions will continue to be guided by the evolving outlook for domestic growth and inflation. KUALA LUMPUR (July 9): Following is the...

Avaland buys 3.2-acre KL land from Tan Chong for RM148m This marks the second land acquisition involving Avaland and Tan Chong Group this month. KUALA LUMPUR (July 10): Avaland Bhd (KL:AVALAND) has signed a deal to acquire a 3.194-acre parcel of land on Jalan Putra here from a unit of Tan Chong Motor Holdings Bhd (KL:TCHONG) for RM148.8 million, which it plans to develop...

NexG acquires Petaling Jaya property for RM28.5 mil to boost production capacity The property includes a two-storey factory, a three-storey office block, a two-storey warehouse, and a guardhouse, situated on approximately 6,182 sq m of land. KUALA LUMPUR (July 10): NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, is buying an industrial property in Petaling...

Ho Hup unit gets winding-up petition from IRB over RM24 mil tax arrears Ho Hup slipped into Practice Note 17 (PN17) status in April after BJD defaulted on RM112.69 million in loan facilities, for which Ho Hup is the guarantor. KUALA LUMPUR (July 10): Ho Hup Construction Company Bhd (KL:HOHUP) has been served with a winding-up petition by the Inland Revenue Board (IRB) over...