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PwC to prepare white paper on Penang International Financial Centre, says CM

PwC to prepare white paper on Penang International Financial Centre, says CM

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Updated:
  • Penang hired PwC to create a plan for its International Financial Centre.
  • PwC will deliver a white paper, blueprint, and action plan in 20 weeks.
  • This initiative aims to boost Penang's economy and tech-driven finance.
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Government cloud backbone becomes critical infrastructure for Malaysia’s smart-city and planning push

Government cloud backbone becomes critical infrastructure for Malaysia’s smart-city and planning push

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Updated:
  • Malaysia's government cloud backbone supports smart-city initiatives and public service delivery.
  • The Cloud Framework Agreement (CFA 1.0) is extended to June 2027.
  • This ensures continuity while CFA 2.0 is being prepared.
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ECRL set to contribute up to RM90b to GDP by 2047, says deputy minister

ECRL set to contribute up to RM90b to GDP by 2047, says deputy minister

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Updated:
  • The ECRL project aims for RM80-90 billion GDP contribution by 2047.
  • It will create 21 economic accelerator projects and new logistic hubs.
  • This project is a catalyst for economic growth and job creation.
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COA instructs Agri-Tech Sdn Bhd’s claim on traditional Orang Asli land to go to trial

COA instructs Agri-Tech Sdn Bhd’s claim on traditional Orang Asli land to go to trial

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Updated:
  • A court ordered a trial for an ancestral land dispute.
  • The Orang Asli community claims rights to 101.17ha in Rompin.
  • The High Court's summary judgment was overturned due to triable issues.
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Sunsuria hits 88% take-up for Talisa

Sunsuria hits 88% take-up for Talisa

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Updated:
  • Sunsuria Bhd's Talisa, Bangsar Hill Park's second phase, achieved an 88% take-up rate.
  • Units range from 917 to 1,478 sq ft.
  • A new gallery showcases the master plan and its offerings.
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Seremban Sentral railway station 35% completed, ready in March 2027, says Loke

Seremban Sentral railway station 35% completed, ready in March 2027, says Loke

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Updated:
  • The new Seremban Sentral railway station is 35% complete and due by March next year.
  • Challenging initial work, like piling, is done, speeding up construction.
  • This modern hub will integrate with the old station, serving 30,000 daily passengers.
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IJM lifts near-term order book target as UK projects turn around, Penang LRT and Nusantara jobs finalise — Kenanga

IJM lifts near-term order book target as UK projects turn around, Penang LRT and Nusantara jobs finalise — Kenanga

news

Updated:
  • IJM Corp raised its order book target to RM9 billion, including domestic and overseas projects.
  • This aligns with Kenanga Research's positive outlook for the company.
  • Key projects include data centres, semiconductors, and UK real estate developments.
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Seoul’s urban transformation: blueprint for Malaysia or cautionary tale?

Seoul’s urban transformation: blueprint for Malaysia or cautionary tale?

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Updated:
  • Seoul's urban regeneration offers lessons for cities in Malaysia.
  • It balances economic growth, heritage, and community involvement.
  • Success requires integrated planning, not just physical changes.
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Flood risk does not always sink property values

Flood risk does not always sink property values

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Updated:
  • Despite flood concerns, property prices in many Malaysian townships remain resilient.
  • Mature areas with good connectivity often see sustained demand and value.
  • Taman Sri Muda, however, experienced a post-flood price dip and reduced transactions.
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The definition of ‘success’ is changing for Malaysian malls

The definition of ‘success’ is changing for Malaysian malls

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Updated:
  • Malaysia's retail sector is recovering, driven by new experiential malls.
  • However, this creates a divide, as older malls struggle for relevance.
  • Success now hinges on creating engaging experiences beyond just shopping.
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Bites
PwC to prepare white paper on Penang International Financial Centre, says CM