Economists, in general, are keeping their view that Bank Negara Malaysia (BNM) will raise the overnight policy rate (OPR) by another 50 basis points (bps) to 3.25% in 2023, amid expectation that inflationary pressure will ease.
Noteworthy:
When: November 2022
Toyo Ventures Holdings Bhd's units have entered into an interim agreement with a consortium led by Sunway Construction Group Bhd (SunCon) to negotiate details for the consortium to undertake a US$2.2 billion (RM9.73 billion) job for the development of a 2,120 MW coal-fired power plant in Vietnam.
Tiong Nam Logistics Holdings has entered into a joint venture (JV) agreement with Johor Corp to develop a high-tech logistics industrial park on a 300-acre land at Sedenak Technology Valley, Johor.
A unit of Berjaya Corp Bhd (BCorp) is acquiring six parcels of freehold land collectively measuring about 20,977.15 square metres in Yokohama, Japan, for ¥12.66 trillion (RM408.82 million) cash.
Sunsuria Bhd is collaborating with Colony, Malaysia's luxury co-working and event space provider, to have the latter’s facility on 11,454 sq ft of space at the 9th floor of Sunsuria Forum.
The year is almost out as 2023 gets ready to take its place. In those 12 months, EdgeProp.my has brought you many industry-related stories to keep you informed and empowered to make the right property decisions
ESG (environmental, social, and governance) is collectively driving sustainable operations and performances, and will continue to impact real estate markets positively, Knight Frank Malaysia stated in its white paper, The Age of ESG.
Noteworthy:
When: June 2022
“Technology will replace the human labour (workforce), but the important thing is how we are embracing the technology.”
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