Econpile bags RM54m bored piling job for Penang LRT project
Econpile will undertake bored piling construction and associated works for the Komtar-East Jelutong stretch of the LRT line.
Fiabci urges data-led reforms to correct housing market mismatch
Fiabci Malaysia, the local chapter of the international body, Federation Internationale des Administrateurs de Bien-Conselis Immobiliers (International Real Estate Federation), has urged policymakers and developers to shift from broad-based housing initiatives towards targeted, data-driven planning to address persistent imbalances in the Malaysian property market.
Axis REIT edges up with new assets, analysts flag tenant risk from latest acquisition
Axis REIT (KL:AXREIT) rose on Monday, following news of its latest acquisition, though analysts are flagging tenant risk as the asset is currently unoccupied.
No further cuts seen through 2026 as BNM stands pat on OPR
Economists expect Bank Negara Malaysia (BNM) to keep the benchmark interest rate at 2.75%, as resilient domestic demand and easing global trade tensions reduce the likelihood of further cuts this year and in 2026.
KLIA aerotrain glitch traced to dislodged power device, says project lead Alstom after MAHB demands probe
Alstom, the project lead for the Kuala Lumpur International Airport’s (KLIA) aerotrain system, said the service disruption on Wednesday (Sept 3) was triggered by a dislodged current collector device (CCD) that cut power to one of the train units.
DXN to buy Burj Khalifa apartment for RM7.4 mil from chairman
DXN Holdings Bhd (KL:DXN), a multi-level marketing company specialising in health and wellness products, is buying an apartment in Dubai's iconic Burj Khalifa for 6.4 million dhirhams (RM7.37 million), cash.
Ireka unit faces claim over decade-old Mont’Kiara apartment project
Ireka Corp Bhd (KL:IREKA) on Thursday said its subsidiary has been hit with a RM1.03 million lawsuit tied to a more than decade-old settlement arrangement involving the KaMi Mont Kiara apartment project in Kuala Lumpur.
Axis REIT to acquire industrial property in Port Klang for RM50 mil
Axis Real Estate Investment Trust (KL:AXREIT) said it is acquiring an industrial property in Port Klang for RM50 million.
Appellate court dismisses leave sought by Hydroshoppe and Menara KL to cite Fahmi, govt and three competitor companies for contempt
A three-member Court of Appeal bench has dismissed a motion by former operators of the iconic KL Tower—Hydroshoppe Sdn Bhd and Menara Kuala Lumpur Sdn Bhd—for the court to grant permission to institute contempt proceedings against Communications Minister Datuk Fahmi Fadzil, the government, and three companies that took over the operation of the tower.
Bank Negara Malaysia maintains overnight policy rate at 2.75%
Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected while flagging uncertainties in growth outlook from lingering external risks.
