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Rate Cut To Spur Moderate Demand In Property Sector, Say Analysts

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 20 (Bernama) -- The cut in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM) will spur moderate demand for properties in general in the second half (2H) of this year while demand in the high-end segment will continue to be robust, analysts say.

Infomina Launches Malaysia’s First Industry-recognised Digital Property Valuation Platform

KUALA LUMPUR, July 19 (Bernama) – Technology solutions provider Infomina Bhd has introduced ValuationXchange, Malaysia’s first industry-recognised digital property valuation platform, through a strategic collaboration with Geolytik Tech Sdn Bhd.

Malaysia Airports Targets June 2028 For Completion Of Penang Expansion

SEPANG, July 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) aims to complete the Penang International Airport (PIA) expansion project by June 2028, with several phases of work already underway, said group managing director Datuk Mohd Izani Ghani.

MRT3 Circle Line Gets Final Railway Scheme Approval - MRT Corp

KUALA LUMPUR, July 17 (Bernama) -- Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) today announced that the Final Railway Scheme for the MRT3 Circle Line has been formally approved and signed by Transport Minister Anthony Loke.

Long-Term Structural Reforms Needed To Address Cost Of Living - Economist

KUALA LUMPUR, July 17 (Bernama) -- The government should adopt more holistic and forward-looking reforms to manage the rising cost of living, beyond short-term fiscal support, said AmBank Group chief economist Firdaos Rosli.

Malakoff Inks MoU With EESB To Develop Green Power Projects In Sarawak

KUCHING, July 15 (Bernama) -- Independent power producer Malakoff Corp Bhd today formalised a memorandum of understanding (MoU) with real estate and construction group Evergreen Earth Sdn Bhd (EESB) to develop Sarawak’s green power projects. 

Chin Hin Buys 2.62 Hectares Of Land In Segambut For RM52 Mln

KUALA LUMPUR, July 15 (Bernama) -- Chin Hin Group Property Bhd has purchased 2.63 hectares of land in Segambut, Kuala Lumpur, for RM52 million.

Johor Boosts Investments By Creating New Economic Wave In Digital, AI Sectors

By Mohamad Syazwan Mustafa

JOHOR BAHRU, July 9 (Bernama) -- Johor has become one of the most vibrant investment destinations in Malaysia as it continues to record investment approvals totalling RM30.1 billion in the first quarter of this year, creating momentum and a new wave in the country's investment ecosystem through the digital and artificial intelligence (AI) sectors.

Malaysia Should Strengthen ASEAN Ties, Engage In Multilateral Cooperation To Counter Trade Pressures -- Experts

By Harizah Hanim Mohamed

KUALA LUMPUR, July 10 (Bernama) -- Malaysia should continue to strengthen its intra-ASEAN trade relations and engage in multilateral partnerships, as this approach will reduce dependence on any single country and benefit all parties by minimising both trade and non-trade barriers, including tariffs and the movement of goods across borders.

Selangor, MAHB Devise Five Strategies To Attract High-impact Foreign Investments In Aerospace Sector

SHAH ALAM, July 9 (Bernama) -- The Selangor state government, together with Malaysia Airports Holdings Bhd (MAHB), has devised and implemented five integrated strategies to ensure that the Selangor Aero Park (SAP) @KLIA Aeropolis project can attract high-impact foreign investments in the aerospace sector.

US Imposes 25 Percent Tariff On All Malaysian Products To US

KUALA LUMPUR, July 8 (Bernama) -- The United States has imposed a higher tariff of 25 percent on any and all Malaysian products sent into the country, separate from all sectoral tariffs, effective Aug 1, this year.

Expat Pass Application Process Reduced To 10 Days Via Xpats Gateway

KUALA LUMPUR, July 7 (Bernama) --  The processing time for Expatriate Employment Pass (EP) approvals, which used to take up to 40 days, has been reduced to just 10 working days following the integration of the Integrated Foreign Worker Management System (ePPAx) and MYFutureJobs into the Xpats Gateway, effective July 1.