News

"Discover Malaysia's Budget 2024 initiatives, supporting MSMEs and homebuyers without fixed income. Government guarantees unlock opportunities." KUALA LUMPUR, 5th Feb 2024 - Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Syarikat Jaminan Kredit Perumahan Bhd (SJKP) have commenced receiving applications from financial institutions participating in the government guarantee schemes outlined in...

"Government unveils Bumiputera Land Corporation to protect land ownership, empower the community. Proposed policy: 20% land return during lease renewal. Details disclosed at Bumiputera Economic Congress 2024." KUALA LUMPUR, 29th Feb 2024 - Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi announced on Thursday the government's intention to establish the Bumiputera Land Corporation (Perbadanan...

"MBSB reports 50% 4QFY2024 net profit rise to RM301.15 million, driven by MIDF acquisition. Strategic focus on Casa, growth, and optimization." KUALA LUMPUR, 28th Feb 2024 - Malaysia Building Society Bhd (MBSB) reported a 50% increase in net profit for the fourth quarter, reaching RM301.15 million compared to RM200.73 million in the previous year. This significant surge was attributed to a one-off gain...

"Berjaya Land (BLand) faces setbacks with a RM76.48M loss in Q2 2024 after an impressive start. Explore the challenges, causes, and their cautious optimism for future growth." KUALA LUMPUR, 27th Feb 2024 - After a strong first financial quarter, Berjaya Land Bhd (BLand) experienced a setback, reporting a net loss of RM76.48 million for the second financial quarter ending Dec 31, 2024 (2QFY2024). This...

"Explore TRX, Malaysia's Financial Centre. PM Anwar reveals incentives for companies relocating—tax exemptions, stamp duty waivers. Uncover TRX's significance, government initiatives, and investment partners driving economic growth in Kuala Lumpur." KUALA LUMPUR, 23th Feb 2024 - Prime Minister Datuk Seri Anwar Ibrahim revealed on Friday that companies moving their operations to the Tun Razak Exchange...

"AsiaPac CRE: 3% YoY Surge to US$31.6B, China Leads, Singapore Stands Out, JLL Optimistic for 2024." KUALA LUMPUR, 20th Feb 2024 - The Asia Pacific region experienced a notable uptick in commercial real estate investment during the fourth quarter of 2023, marking a 3% year-on-year increase to reach US$31.6 billion (RM151.1 billion). This positive shift comes after seven consecutive quarters of...

"Explore the property sector's potential surge with the Kuala Lumpur-Singapore HSR project, offering growth opportunities in Johor for developers like UEM Sunrise, Sunway, and Eco World." KUALA LUMPUR, 5th Feb 2024 - The global interest in major cities across Asia is expected to rise in the current year, and Kuala Lumpur has successfully earned its position among the top 10 trending global travel...

"Explore the property sector's potential surge with the Kuala Lumpur-Singapore HSR project, offering growth opportunities in Johor for developers like UEM Sunrise, Sunway, and Eco World." KUALA LUMPUR, 29th Jan 2024 - The anticipated Kuala Lumpur-Singapore High-Speed Rail (HSR) project is poised to significantly impact the property sector, particularly in Iskandar Malaysia, Johor, and the Kuala Lumpur...

"Sime Darby Property partners with Lagenda Properties to pioneer affordable homes in Gurun, Kedah, fostering broader homeownership access." KUALA LUMPUR, 25th Jan 2024 - Sime Darby Property Bhd, through its subsidiary Seed Homes Sdn Bhd, has entered into a 50:50 joint venture with Lagenda Properties Bhd to establish Seed Homes Lagenda, marking the company's debut in the affordable township sector....

"BNM maintains 3% OPR, supporting growth amid global challenges. Explore insights on inflation, risks, and policy impacts in this update." KUALA LUMPUR, 24th Jan 2024 - The overnight policy rate (OPR), Malaysia's headline interest rate, remains unchanged at 3%, as announced by Bank Negara Malaysia (BNM) following the Monetary Policy Committee (MPC) meeting on Wednesday. This marks the fourth...