KPKT ready to re-table Urban Renewal Bill 2025 for second reading—Nga

KPKT ready to re-table Urban Renewal Bill 2025 for second reading—Nga

news

Updated:
  • KPKT is ready to re-table the Urban Renewal Bill for its second reading.
  • Concerns from MPs led to the postponement of the bill's previous reading scheduled for August.
  • Additionally, over 340 arrests have been made under the new Community Service Order for littering enforcement.
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In conversation with: Invest Penang CEO Datuk Loo Lee Lian

In conversation with: Invest Penang CEO Datuk Loo Lee Lian

news

Updated:
  • Penang's E&E sector led Malaysia's FDI, accounting for 53% of manufacturing investments in 1H2025.
  • The state targets high-value investments in advanced manufacturing, especially IC design.
  • Infrastructure improvements aim to attract high-end manufacturing and support workforce development.
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Mutiara Line LRT: Penang govt focusing on land, resident resettlement issues, says CM

Mutiara Line LRT: Penang govt focusing on land, resident resettlement issues, says CM

news

Updated:
  • Penang is addressing land acquisition and resettlement for the Mutiara Line LRT project.
  • Chief Minister Chow Kon Yeow noted that the relocation process is on schedule, affecting about 12 houses.
  • LRT aims to enhance connectivity and reduce congestion, with operations expected to start in December 2031.
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The Johor wealth exchange: IOI Prop banks the land as AME Elite builds the future

The Johor wealth exchange: IOI Prop banks the land as AME Elite builds the future

news

Updated:
  • Johor is emerging as Malaysia's fastest-growing investment corridor, attracting RM110 billion in 2025.
  • AME Elite is acquiring land from IOI Properties to expand its industrial footprint.
  • This alignment of strategies reflects the growing demand for industrial space.
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The semicon pivot: Shedding low-cost assembly for high-value innovation

The semicon pivot: Shedding low-cost assembly for high-value innovation

news

Updated:
  • Malaysia is rapidly advancing in the semicon industry, now ranking as the sixth-largest exporter globally.
  • The nation aims to evolve from assembly to integrated chip design and innovation.
  • Malaysia's semiconductor sector is crucial for its economy, contributing 25% of exports and 7% of GDP.
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RM44 billion order book, RM50 billion target: Why EPF and Gamuda insiders are buying at 11-month lows

RM44 billion order book, RM50 billion target: Why EPF and Gamuda insiders are buying at 11-month lows

news

Updated:
  • Gamuda Bhd shares hit an 11-month low after disappointing earnings, dropping 6.3% to RM3.89.
  • Despite this, the EPF and insiders are buying shares, indicating confidence in long-term growth.
  • Analysts remain bullish, with 20 out of 21 firms recommending "Buy,".
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Local councils can act on abandoned vehicles in strata properties — the law already allows it

Local councils can act on abandoned vehicles in strata properties — the law already allows it

news

Updated:
  • Deputy Minister Datuk Aiman Athirah Sabu stated local councils lack authority over abandoned vehicles.
  • However, the Strata Management Act 2013 provides mechanisms for management bodies to address such issues.
  • Residents can notify management bodies or the Commissioner of Buildings for enforcement.
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Study on amending laws for KL local elections due by month’s end — Hannah

Study on amending laws for KL local elections due by month’s end — Hannah

news

Updated:
  • A feasibility study on local government elections in Kuala Lumpur is due by the end of March.
  • The study, led by IIUM, has an interim report but is still gathering stakeholder input.
  • Minister Hannah Yeoh stated it will be presented to the Cabinet once completed.
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InvestKL to be under Mida as part of national investment promotion consolidation

InvestKL to be under Mida as part of national investment promotion consolidation

news

Updated:
  • InvestKL will transition under Mida to enhance investment promotion and coordination in Malaysia.
  • This change aims to attract high-value investments and support ongoing engagements with MNCs.
  • InvestKL has successfully attracted over 150 MNCs, creating 33,000 high-skilled jobs.
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Suria KLCC showcases heritage and artistry for Hari Raya

Suria KLCC showcases heritage and artistry for Hari Raya

news

Updated:
  • Suria KLCC is celebrating Hari Raya Aidilfitri with a heritage-themed campaign featuring traditional crafts!
  • The campaign includes a bougainvillea garden, live demonstrations, and interactive workshops until April 5.
  • Shoppers can earn vouchers and festive packets by spending at the mall.
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