News about FIC

KUALA LUMPUR (May 18): Pesona Metro Holdings Bhd has bagged a mixed development project worth RM319 million for the construction and M&E (mechanical and engineering) works for a 44-storey office tower for Tenaga Nasional Bhd in Kuala Lumpur.

KUALA LUMPUR (May 12): Six building owners in Singapore have been charged for occupying premises without valid fire certificates, Channel News Asia (CNA) reported the Singapore Civil Defence Force (SCDF) saying today.

PETALING JAYA (May 11): IPC Shopping Centre has attained Malaysia’s first LEED (Leadership in Energy and Environmental Design) certification for the retail premise under the Operations & Maintenance rating system.

KUALA LUMPUR (May 9): Conflicting statements by Science, Technology and Innovation Minister Khairy Jamaluddin and Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob on the Covid-19-driven Hotspots Identification for Dynamic Engagement (HIDE) system appear to have wreaked havoc among retailers across Malaysia after outlet operators claimed the industry was not consulted on the implementation of the HIDE system under which premises listed under HIDE as potential pandemic risk locations have been ordered to be closed for three days effective today.

KUALA LUMPUR (May 8): The government has published the Hotspots Identification for Dynamic Engagement (HIDE) system to reveal potential Covid-19 hotspots in the country.

PETALING JAYA (April 23): Investors’ confidence in the Asia Pacific region real estate market is gaining traction with anticipation of increased market stability, said a Jones Lang LaSalle (JLL) Capital Tracker report.

KUALA LUMPUR (April 16): Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%.

KUALA LUMPUR (April 13): Hong Leong Investment Bank (HLIB) Research has maintained its "neutral" rating of Malaysian real estate investment trusts (REITs) following relaxation of the movement control order (MCO).

KUALA LUMPUR (April 12): Mobilus Sdn Bhd, a joint venture between Ireka Corp Bhd and CRRC Urban Traffic Co Ltd (a member of CRRC Group), has launched the Automated Rapid Transit (ART) System on April 8 at the Iskandar Malaysia Bus Rapid Transit (IMBRT) pilot testing programme launch.

KUALA LUMPUR (April 12): The following is a media statement by Dr Ong Kian Ming, reproduced in full.