Tien Wah, Singapore-listed Lum Chang JV to develop data centre in Section 13, Petaling Jaya

Tien Wah, Singapore-listed Lum Chang JV to develop data centre in Section 13, Petaling Jaya

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Updated:
  • Lum Chang Tien Wah Property Sdn Bhd has partnered with MyTelehaus Sdn Bhd to develop a data centre.
  • The project will utilize 1.61 acres of land in Petaling Jaya, with revenue shared based on capital expenditure.
  • This venture aligns with LCTWP's strategy to optimize land value amid rising demand for data centre infrastructure.
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Verdant Solar, Tune Protect introduce first local integrated solar protection

Verdant Solar, Tune Protect introduce first local integrated solar protection

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Updated:
  • Tune Protect Malaysia and Verdant Solar launched Malaysia's first integrated solar and protection model.
  • Homeowners installing solar systems will receive insurance coverage at no extra cost.
  • This initiative aims to simplify solar adoption and enhance energy savings for Malaysian households.
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Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

Chinese electric vehicle companies to start assembly in Malaysia this year — Miti

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Updated:
  • Chinese EV companies like Zeekr and XPeng plan local assembly in Malaysia by 2026.
  • The Ministry of Investment supports this to ensure a smooth transition from CBU imports.
  • This move aims to grow the domestic EV ecosystem and create high-skilled jobs.
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IGB secures govt approval for RM215m Johor Bahru land deal

IGB secures govt approval for RM215m Johor Bahru land deal

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Updated:
  • IGB Bhd's RM214.97 million land acquisition in Johor Bahru has received Ministry of Economy approval.
  • The joint venture with Southkey City Sdn Bhd will see IGB hold a 70% stake in the new company.
  • IGB aims to develop the site into a mixed-use urban hub, enhancing the Southkey area.
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Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

Clearing the air: Why indoor air quality is becoming an industrial priority in Malaysia

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Updated:
  • Malaysia's focus on indoor air quality (IAQ) is expanding beyond healthcare to industrial settings.
  • The MOH's standards are pushing industries to prioritise IAQ for better worker health and productivity.
  • As multinational tenants demand transparency in air quality, effective monitoring systems are essential
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Chinese businessmen call on Penang state govt to scrap quit rent revision

Chinese businessmen call on Penang state govt to scrap quit rent revision

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Updated:
  • The Penang government is urged to cancel the quit rent revision because of its flawed framework.
  • Concerns include administrative inefficiency and potential investment discouragement, as stated by Datuk Seri Choot Ewe Seng.
  • He advocates for a more objective approach to land taxation with transparency and minimal intervention.
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Rehda Institute: Driving industry progress as a social enterprise through collaborative insights

Rehda Institute: Driving industry progress as a social enterprise through collaborative insights

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Updated:
  • The Rehda Institute serves as a knowledge hub for Malaysia's real estate, focusing on industrial growth.
  • Demand for industrial properties is rising due to FDI, e-commerce, and supportive policies.
  • Developers are optimistic yet cautious, emphasising the need for strategic planning and ESG compliance.
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Kumpulan Kitacon wins RM89 mil construction job in Gombak

Kumpulan Kitacon wins RM89 mil construction job in Gombak

news

Updated:
  • Kitacon secured an RM89 million construction contract in Gombak, Selangor.
  • The project includes 258 two-storey terrace houses and is set to start on March 16.
  • This contract is expected to enhance earnings for the financial year ending Dec 31.
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In conversation with: Northern Corridor Economic Region (NCER) chief executive Datuk Mohamad Haris Kader Sultan

In conversation with: Northern Corridor Economic Region (NCER) chief executive Datuk Mohamad Haris Kader Sultan

news

Updated:
  • As of September 2025, NCER has secured RM58.39 billion in investments, creating nearly 16,000 jobs!
  • Kedah has contributed RM14.94 billion, generating 2,566 jobs, mainly in high-tech manufacturing.
  • NCER is focused on ensuring liveability through housing and community infrastructure plus industrial growth.
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Melaka notches RM14.7b investments in 2025, highest in 22 years

Melaka notches RM14.7b investments in 2025, highest in 22 years

news

Updated:
  • Melaka has achieved its highest investment in 22 years, totaling RM14.68 billion across 312 projects.
  • Chief Minister Ab Rauf Yusoh highlighted investor confidence in the state's stable administration and economic direction.
  • The state aims to create 4,000 jobs through these projects while promoting Technical and Vocational Education and Training.
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