News

"Solar District Cooling has secured an RM18.5 million contract to upgrade building management systems at Klang Valley rail transit stations over the next two years." Kuala Lumpur, 16th July 2026, 10.16am - Solar District Cooling Group Bhd (SDCG) has secured an RM18.5 million contract to upgrade building management systems (BMS) across railway transit stations and ancillary buildings in the Klang...

"The government has approved RM207.2 million for 46 projects in Pasir Puteh, including downstream industrial infrastructure to support the ECRL cargo station and logistics hub." Kuala Lumpur, 14th July 2026, 10.16am - The federal government has approved 46 development projects worth RM207.2 million for the Pasir Puteh parliamentary constituency in Kelantan under the 2026 development programme, with a...

"The IMF expects Malaysia's economy to grow 4.7% in 2026, supported by data centre investments, AI infrastructure and the global technology upcycle despite rising geopolitical risks." Kuala Lumpur, 09th July 2026, 12.25pm - Malaysia's expanding data centre industry and the global artificial intelligence (AI) technology boom are expected to remain key drivers of economic growth this year, according to...

"ECM Libra has formed a 50:50 joint venture with Plato Capital's subsidiary to manage Ormond Hotel Sandakan and The RuMa Hotel & Residences, expanding its hospitality business." Kuala Lumpur, 07th July 2026, 03.20pm - ECM Libra Group Bhd is expanding its presence in Malaysia's hospitality sector through a new joint venture and hotel management agreements covering two established hotel...

"The federal government plans to develop affordable housing for civil servants on idle public land, including Customs, Immigration and surplus school sites, says Prime Minister Anwar Ibrahim." Kuala Lumpur, 06th July 2026, 12.55pm - The federal government plans to accelerate the development of affordable housing for civil servants by optimising idle land owned by government agencies, Prime Minister...

"TWL Holdings says RM1.8 million remains outstanding for refund following the mutual termination of three Klang property joint ventures, with repayment due by June 2027." Kuala Lumpur, 03rd July 2026, 02.20pm - TWL Holdings Bhd has provided additional information to Bursa Malaysia regarding the mutual termination of three long-running joint venture agreements (JVAs) in Klang, revealing that RM1.8...

"Malaysia expects data centres to account for one-third of national electricity consumption by 2035, prompting new measures to strengthen grid capacity and energy security." Kuala Lumpur, 02nd July 2026, 01.50pm - Data centres are expected to account for nearly one-third of Malaysia's electricity consumption by 2035 as rapid growth in artificial intelligence (AI), cloud computing and digital...

"Tropicana is expanding into hospitality through Malaysia's first Accor-branded condotel at Tropicana Grandhill, strengthening its recurring income strategy." Kuala Lumpur, 01st July 2026, 03.00pm - Tropicana Corp Bhd is accelerating its diversification strategy by expanding beyond traditional township development into hospitality and recurring income assets, with the launch of Malaysia's first...

"TWL Holdings has mutually terminated three long-running Klang property joint ventures signed between 2013 and 2014 after the projects became unworkable following expired completion timelines." Kuala Lumpur, 30th June 2026, 02.45pm - TWL Holdings Bhd has officially terminated three long-standing joint venture agreements (JVAs) involving proposed residential and commercial developments in Klang,...

"Prime Minister Anwar Ibrahim says 50 acres within the RM140 billion Bandar Malaysia project will be gazetted as Malay Reserve Land to safeguard Bumiputera interests." Kuala Lumpur, 29th June 2026, 01.30pm - Prime Minister Datuk Seri Anwar Ibrahim has announced that 50 acres of land within the Bandar Malaysia development will be gazetted as Malay Reserve Land, describing the move as an important step...