Nga, in addressing over 75 mayors and city leaders from around the world, underscored the urgency for city-level action rooted in local implementation, and backed by innovation. PUTRAJAYA (July 4): Malaysia calls for a bold shift in global city cooperation, urging mayors and urban leaders to move beyond discussions and act on shared challenges through concrete…
Read MoreWith a proven track record in Kuala Lumpur and Selangor, Pinnacle Homes ensures long-term value and growth potential for homeowners and investors alike. Its first move into Penang brings over a decade of experience in shaping city skylines and creating spaces where modern lifestyle thrives. Pinnacle Homes is managed by an experienced leadership team committed…
Read MoreBy Joseph Wong Malaysia’s latest Sales and Service Tax (SST) update brings welcome news for renters, first-time buyers and home owners. While the standard SST rate has been raised from 6% to 8% on most services, residential sales and leases remain entirely exempt, a move that industry players say will help keep housing costs stable…
Read MoreKUALA LUMPUR (July 2): Data centres in Malaysia may see their electricity bills rise by up to 15% under the new power tariff structure, analysts said. The power-hungry facilities will be placed under a new “ultra-high voltage” category with average tariffs of about 60 sen per kilowatt-hour, according to the analysts who attended an investor…
Read MoreKUALA LUMPUR (July 1): Stable gas supply have been restored through temporary piping to the Putra Heights houses affected by the April 1 gas pipeline fire, since Tuesday. According to the Department of Occupational Safety and Health (DOSH), a temporary gas pipeline measuring approximately 210 metres in length has been installed to replace the pipe…
Read MoreLeading loan indicators were also mixed—loan approvals rose, applications moderated and disbursements declined. KUALA LUMPUR (July 1): Bank Negara Malaysia (BNM) is expected to maintain a cautious stance and cut the overnight policy rate (OPR) by 25 basis points in the second half of 2025 (2H2025), Hong Leong Investment Bank Bhd (HLIB) said, citing mixed…
Read MoreKUALA LUMPUR (July 1): Petronas Gas Bhd (KL:PETGAS) said the April 1 pipeline explosion incident in Putra Heights, Selangor, is unprecedented in the history of its gas transmission system. As such, it fully recognised the public concerns surrounding the safety of the pipeline system, especially with the continuity of gas flow through the network. In…
Read More“This is not a new Putrajaya or a mega mall project, but one focused on delivering basic facilities to meet the increasing needs of residents.” KUALA LUMPUR (July 1): The Kota Madani development project, designed to be environmentally friendly and equipped with advanced safety features, deserves full support as it seeks to provide essential facilities…
Read MoreThe bid was submitted on June 27 in response to the New York State Gaming Commission’s request for applications for up to three commercial casinos in downstate New York, where its Resorts World New York City (RWNYC) is located, Genting Malaysia said in an exchange filing. KUALA LUMPUR (June 30): Genting Malaysia Bhd (KL:GENM) announced…
Read MorePutra Heights blaze: Weak soil beneath gas pipeline the root cause, no criminal element found While the pipeline met technical specifications, a segment of it was not fully supported by the ground beneath, which was found to be soft and moist. KUALA LUMPUR (June 30): Authorities have identified unstable soil conditions beneath a Petronas gas…
Read More
