News by M

The Transport Ministry (MOT) will introduce a policy to encourage cargo and transport companies to utilise the East Coast Rail Link (ECRL) service as an alternative to heavy vehicles on roads.

Bank Negara Malaysia (BNM) on Thursday kept the benchmark interest rate unchanged, as widely expected, amid its outlook for sustained economic growth and manageable inflation.

The Department of Mineral and Geoscience (JMG) recorded 24 sinkhole incidents over the past five years, with Perak reporting the highest number at 11 cases, according to the Natural Resources and Environmental Sustainability Ministry (NRES).

AEON Co (M) Bhd (KL:AEON) announced on Wednesday that its Aeon Mall Kinta City in Perak will be expanded and upgraded in a bid to enhance its retail offerings.

Construction player and property developer Vizione Holdings Bhd (KL:VIZIONE) has proposed a share capital reduction of up to RM500 million to eliminate its accumulated losses and strengthen its financial position.

KJTS Group Bhd (KL:KJTS) has secured a contract from KIP Real Estate Investment Trust (KL:KIPREIT) to provide retrofit works, operations and maintenance (O&M) services as well as provide chilled water supply for seven of the retail property trust’s shopping malls.

The Dewan Rakyat passed the Fire Services (Amendment) Bill 2025, granting the volunteer fire brigade greater access to the resources and expertise of the Malaysian Fire and Rescue Department (JBPM).

Exsim has mutually terminated its contract with Aperia Cloud Services for the Exsim Hyperscale Data Centre @ Bukit Jalil, opting instead to secure a "Japanese Fortune 500 company" as an anchor tenant while continuing to attract significant interest from other potential occupants.

Kerjaya Prospek Property Bhd (KL:KPPROP) has proposed a renounceable rights issue of redeemable convertible unsecured loan stocks (RCULS) to raise up to RM324.88 million, mainly to fund property development projects and repay bank borrowings.

Nine out of 11 packages under Phase 1 of Sarawak’s Pan Borneo Highway, spanning 641km, have been completed and are now open to traffic, Works Minister Datuk Seri Alexander Nanta Linggi told the Dewan Negara on Wednesday.