“At the current OPR level, the monetary policy stance remains supportive of the economy, and is consistent with the current assessment of inflation and growth prospects,” BNM said. KUALA LUMPUR (Sept 5): Malaysia’s central bank on Thursday left the benchmark interest rate unchanged as widely expected, drawing comfort from sustained economic expansion and benign inflation….
Read MoreNeed some tips for buying a home in your 20’s? Learn from these first-home buyers’ experiences! Before you even think of purchasing a house, be sure to find out if you can afford it. If you’re a 90’s kid, you are at the prime age where you see your peers on a steady climb in…
Read MoreKUALA LUMPUR (Sept 3): Facilities and waste management services company AWC Bhd (KL:AWC) has received a letter of award worth RM19.9 million sub-contract from Gamuda Engineering Sdn Bhd for construction works related to a data centre project in Rawang, Gombak. The sub-contract was awarded to AWC’s wholly owned subsidiary, Qudotech Sdn Bhd, the group’s filing…
Read MoreExpand use of Building Information Modeling in sewerage, road construction — Ahmad Deputy Works Minister Datuk Seri Ahmad Maslan pointed out that BIM could help prevent future subsidence incidents, such as the one that occurred at Jalan Masjid India on Aug 23. KUALA LUMPUR (Sept 4): The use of Building Information Modeling (BIM) software should…
Read MoreScheduled for completion in 2028, the prices for Trinity Rainfora start from RM530,000 for the 68.66 sq m units. PUCHONG (Sept 4): Trinity Group has unveiled its latest landmark development, Trinity Rainfora, a unique rainforest-inspired transit-oriented development in the Klang Valley with a gross development value (GDV) of RM388 million. Trinity Group Sdn Bhd founder…
Read MoreKUALA LUMPUR (Sept 3): Econpile Holdings Bhd (KL:ECONBHD) has secured a RM71.2 million contract to undertake demolition, substructure and basement work for a 55-storey building located along Jalan Sultan Ismail, Kuala Lumpur. The contract was awarded to its wholly-owned subsidiary, Econpile (M) Sdn Bhd, from Platinum Victory Property Sdn Bhd, according to the construction firm’s…
Read More“The acquisition marks a significant milestone in Maming Group of Companies’ strategic plan to expand its footprint in the Malaysian property development industry.” KUALA LUMPUR (Sept 3): Boutique developer Maming Group of Companies, via its subsidiary Maming Development (UC) Sdn Bhd, plans to launch D’Garden, a residential development in Shah Alam, Selangor, in the first…
Read MoreIn the property segment, MRCB is planning some RM1.9 billion worth of property launches for 2024, pending planning approvals. KUALA LUMPUR (Aug 30): Malaysian Resources Corp Bhd’s (KL:MRCB) net profit for the second quarter surged more than fourfold to RM51.18 million from RM10.87 million a year earlier, as contribution from its construction segment doubled. Profit…
Read MoreKUALA LUMPUR (Sept 2): The Kuala Lumpur International Airport (KLIA) aerotrain, which links the satellite buildings with the main airport terminal, is expected to resume operations by Jan 31, 2025. This timeline is contingent on the successful completion of all necessary commissioning and testing, according to Transport Minister Anthony Loke Siew Fook. “Malaysia Airports Holdings…
Read MoreThe group said its wholly-owned unit, SkyWorld Development (Vietnam) Company Ltd, has entered into a memorandum of understanding (MOU) with SkyVenue Land Group Joint Stock Company, SkyBridge Company Ltd and the shareholders of SkyVenue to jointly develop the remaining plots of the Guocoland Commercial Complex project in Thuan An City. KUALA LUMPUR (Aug 30): Property…
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