"The Tourism, Arts and Culture Ministry did not approve the criteria for Sabah MM2H, launched without federal consultation. The program restricts affordable housing to locals and bans employment." Kuala Lumpur, 08th July 2024, 12.25pm - The Tourism, Arts and Culture Ministry (Motac) did not approve any criteria for the Sabah Malaysia My Second Home (Sabah MM2H) program that was launched last...
"PR1MA partners with Huawei and SCID to develop sustainable, affordable housing in Malaysia, integrating smart devices and eco-friendly technologies for long-term benefits." Kuala Lumpur, 05th July 2024, 12.25pm - Perbadanan PR1MA Malaysia (PR1MA) has formed a strategic alliance with Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) and SANY Construction Industry Development (M) Sdn Bhd (SCID)...
"New superapp to aid developers, buyers, and architects in housing projects, boosting efficiency and decision-making. Expected to launch next year, says Housing Minister." Kuala Lumpur, 04th July 2024, 14.25pm - The government is creating a superapp driven by big data analytics to serve as a reference tool for developers, buyers, and architects involved in new housing projects. Housing and Local...
"UOB collaborates with the Johor government to drive investment in the Johor-Singapore SEZ, aiming to enhance cross-border economic connectivity and local business growth." Kuala Lumpur, 03rd July 2024, 12.15pm - UOB plans to continue partnering with the Johor government to boost investment and trade in Malaysia following the creation of the Johor-Singapore special economic zone (SEZ). UOB Malaysia...
"Malaysia's steel consumption is projected to rise to 8.3-9 million tonnes in 2024, driven by data centers and semiconductor industry growth, says Misif." Kuala Lumpur, 02nd July 2024, 12.15pm - After three consecutive years of growth, domestic steel consumption is projected to increase further this year, reaching between 8.3 million and nine million tonnes, according to the Malaysian Iron and Steel...
"Haily Group wins RM53.72M contract to construct 221 homes and TNB facilities in Johor, boosting earnings. Shares drop 3.25%, market cap at RM115.78M." Johor, 01st July 2024, 11.55am - Builder Haily Group Bhd has won a RM53.72 million contract from Venice View Development Sdn Bhd to construct 221 two-storey houses, three Tenaga Nasional Bhd (TNB) substations, and a TNB main switch station in Pulai,...
"Tropicana partners with Maybank to offer MyDeco financing, providing up to 120% property value financing and exclusive incentives, including RM4.5M bonus rewards for homebuyers." Kuala Lumpur, 28th June 2024, 13.39pm - Tropicana Corporation Bhd has partnered with Maybank to offer the Maybank MyDeco financing scheme. This home financing solution allows Tropicana homeowners to combine Maybank MyDeco...
"Sarawak seeks federal clarification on the delegation of authority for the MM2H program, with a meeting scheduled to discuss details soon." Kuching, 27th June 2024, 13.00pm - Sarawak is requesting clarification from the federal government regarding the delegation of authority for the Malaysia My Second Home (MM2H) program. State Tourism, Creative Industry, and Performing Arts Minister Datuk Seri...
"Yeow Seng proposes IOIPG acquire equity in Shenton 101 based on actual investment costs to resolve potential conflicts. IOIPG shares drop to RM2.25." Kuala Lumpur, 26th June 2024, 13.39pm - IOI Properties Group Bhd has received a proposal from its CEO and major shareholder, Lee Yeow Seng, to participate in the development of Shenton House, a commercial property in Singapore that his private company...
"Kelantan's ECRL project is 79.81% complete, with unique cultural designs for the Kota Bharu station. Expected operational start in January 2027." Kelantan, 25th June 2024, 13.08pm -The construction of the East Coast Railway Link (ECRL) in Kelantan, spanning 43 kilometers, has achieved a 79.81% progress as of last month, according to Malaysia Rail Link Sdn Bhd (MRL) CEO Datuk Seri Darwis Abdul...
