News about Malaysia

Lui, 63, tendered his resignation due to other commitments and responsibilities, according to CLMT's bourse filing on Tuesday.

JLL Malaysia logistics and industrial team member Derek Yap said warehouse absorption in Greater Kuala Lumpur remained robust last year, as demonstrated by the strong pre-commitment level from occupiers.

This is the fourth time that the MPC has decided to maintain the OPR at 3% since July 2023.

Rapid Synergy said the land in question is a freehold piece of land that was amalgamated from three parcels in Sri Hartamas here.

YNH Property was the third most active stock with a trading volume of 233.

The property developer said this announcement serves to rectify its oversight pertaining to the proposed acquisition and is made in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Bhd.

“This time, the development is more focused.

In a report on Friday, Japanese agency Kyodo News, citing sources, said the companies, including East Japan Railway Co, had hoped to utilise Japan's Shinkansen bullet train system in the project but they have decided it will be too risky without the Malaysian government's financial support.

Knight Frank Malaysia senior executive director of research and consultancy Judy Ong: Despite the inflationary pressures and elevated OPR (overnight policy rate), the residential property market appears to be moving in a positive direction, marked by increased sales volume, new property launches and successful completions.

Regarding the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, Loke announced that infrastructure work in Malaysia had reached 65% as of the end of December last year, while system work was 33.