"IGB REIT and IGB Commercial REIT report higher Q2 earnings driven by strong rental income. Both REITs declare August distributions as they navigate economic headwinds." Kuala Lumpur, 30th July 2025, 01.50pm - IGB Real Estate Investment Trust (IGB REIT) and IGB Commercial REIT (IGBCR) recorded solid second-quarter earnings, driven by higher rental income and stable operating costs, according to their...
"Infineon Technologies has launched a RM30 billion SiC chip facility in Kulim, creating 1,500 high-income jobs and boosting Malaysia’s position in the global semiconductor supply chain." Kuala Lumpur, 29th July 2025, 10.30am - Infineon Technologies has officially kicked off its RM30 billion expansion project in Malaysia, solidifying the country’s position as a global semiconductor manufacturing...
"KLGCC Mall by Sime Darby Property hits 85% committed occupancy ahead of its October 2025 launch. See which first-in-Malaysia brands are coming soon." Kuala Lumpur, 28th July 2025, 10.26am - Sime Darby Property Bhd announced that its upcoming KLGCC Mall in Bukit Kiara has achieved an impressive 85% committed occupancy as of July 2025, ahead of its scheduled opening in October this year. The update...
"Oriental Interest Bhd posts RM45.5 mil Q3 profit, up 80% YoY, driven by strong property sales and revenue growth from ongoing and new developments." Kuala Lumpur, 25th July 2025, 01.30pm - Oriental Interest Bhd (OIB) reported a substantial increase in net profit to RM45.48 million for its third quarter ended May 31, 2025 (3QFY2025), a 80% jump from RM25.23 million recorded in the same quarter last...
"SkyWorld launches SkyAwani PRIMA Residences in Brickfields with MyDeco 120% financing, offering affordable KL homes with custom interior solutions." Kuala Lumpur, 24th July 2025, 01.30pm - SkyWorld Development Bhd has officially launched SkyAwani PRIMA Residences, a new PR1MA housing project in Brickfields, Kuala Lumpur. This marks the latest addition to the developer’s award-winning SkyAwani...
"KPKT Minister defends MyKiosk initiative after MACC clears corruption claims, urging critics to apologise and highlighting success among local traders." Kuala Lumpur, 23th July 2025, 12.30pm - Housing and Local Government Minister Nga Kor Ming has called on critics to apologise after the Malaysian Anti-Corruption Commission (MACC) found no wrongdoing in the implementation of the MyKiosk...
"Malaysia and Singapore to collaborate on govtech, public housing, and public sector reform, aiming to improve public service delivery and innovation." Kuala Lumpur, 22th July 2025, 10.11am - Malaysia and Singapore are taking steps toward deeper bilateral cooperation in three strategic areas: government technology (govtech), public housing, and public sector reform. The initiative aims to enhance the...
"SkyWorld Pearlmont in Seberang Jaya launches under RBB MADANI, bringing 37,000+ affordable homes to Penang with innovative PPVC construction." Penang, 21th July 2025, 11.25am - SkyWorld Development Berhad has officially commenced construction of SkyWorld Pearlmont, its inaugural project in Penang and part of Malaysia’s largest affordable housing development under the Rumah Bakat Baru (RBB) MADANI...
"Rapid KL expands On-Demand van service to 12 new zones in Shah Alam & Klang, improving first- and last-mile connectivity. RM1 promo fare still applies." Selangor, 18th July 2025, 01.00pm - Rapid KL’s On-Demand van service enters a new phase starting today, with its coverage expanded to 12 additional areas across Shah Alam and Klang, enhancing first- and last-mile public transport connectivity in...
"Setia Federal Hill becomes Malaysia’s first LEED ND V4 Platinum-certified township, setting a benchmark in sustainable, low-carbon urban development." Kuala Lumpur, 17th July 2025, 01.26pm - S P Setia Bhd’s flagship development, Setia Federal Hill in Bangsar, has become the first project in Malaysia to earn the prestigious LEED for Neighbourhood Development (LEED ND) Platinum certification under...
