News about Malaysia

KUALA LUMPUR (April 25): The Malaysian economy is expected to grow at a slower pace from June to August 2019, the Statistics Department said today, citing its economic indicators based on the leading, coincident and lagging indexes.

  KUALA LUMPUR (April 24): The project and asset owner of the East Coast Rail Link (ECRL) project, Malaysian Rail Link Sdn Bhd (MRL), has dismissed allegations that China Communications Construction Company Ltd (CCCC) will be able to state their claim on assets, minerals or objects of interest during the construction of the 640km railway.

  KUALA LUMPUR (April 24): Bombardier Hartasuma Consortium, the train set supplier for Prasarana Malaysia Bhd's Kelana Jaya Line Light Rail Transit (LRT) has committed to maximise the use of local content to up to 35% in its delivery of 27 new train sets for the project.

KUALA LUMPUR (April 23): Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd, which both saw their shares surge yesterday on optimism that they would benefit from the revival of Bandar Malaysia (pictured), have denied that they are involved in the reinstatement of the project.

KUALA LUMPUR (April 22): The revival of the Bandar Malaysia project is not only breathing new life into the share prices of big construction companies, but also building material players and even a durian plantations firm.

KUALA LUMPUR (April 22): Hong Leong Investment Bank Research (HLIB Research) sees the revival of the Bandar Malaysia project (pictured) as positive to the local construction industry.

PETALING JAYA (April 21): Tanah Sutera Development’s Sutera Mall in Skudai, Johor was honoured as the winner of two awards at EdgeProp Malaysia’s Best Managed Property Awards 2019.

PETALING JAYA (April 21): Sunway Group founder and chairman Tan Sri Jeffrey Cheah and Sunway Property was honoured by the EdgeProp Malaysia’s Best Managed Awards 2019 for their commitment to sustainability in property development.

PETALING JAYA (April 21): S P Setia’s Lepironia Garden project is one of the Gold winners for EdgeProp-ILAM Malaysia’s Sustainable Landscape Award 2019.

PETALING JAYA (April 21): Henry Butcher Malaysia (Mont Kiara) Sdn Bhd’s dedication and hard work has paid off as the property and facility management firm bagged three awards at EdgeProp Malaysia’s Best Managed Property Awards 2019.