News about Malaysia

PETALING JAYA (Dec 20): Tropicana Corp Bhd unveiled its first industrial park during a ground- breaking ceremony in Iskandar Malaysia, officiated by Johor Menteri Besar Datuk Hasni Mohammad recently.

KUALA LUMPUR (Dec 15): A majority of Malaysian homeowners (59%) are not covered for fire damage, with fire losses estimated at RM2.

KUALA LUMPUR (Dec 15): Malaysia Airports Holdings Bhd (MAHB) has launched an open tender exercise for 226 commercial lots following the recent improvement in air traffic movements at its airports.

KUALA LUMPUR (Dec 13): Malaysia’s final energy consumption charted a positive growth of 2.

PETALING JAYA (Dec 9): The Ministry of Housing and Local Government (KPKT) through Perbadanan PR1MA Malaysia (PR1MA) has signed a joint development agreement (JDA) with Sinergi Dayang Sdn Bhd (Sinergi Dayang) — an indirect wholly-owned subsidiary of WZ Satu Bhd — to develop affordable housing in Pahang.

KUALA LUMPUR (Dec 8): Maybank Investment Bank (Maybank IB) Research on Wednesday upgraded the Malaysian property sector to "neutral" (from "negative") after the share prices of property stocks under its coverage have retreated by 10% to 20% to more realistic valuations.

PETALING JAYA (Dec 7): Gloomy outlook for the rental rates for Malaysia’s office space remain as supply and demand continue to mismatch while hybrid working models take over.

KUALA LUMPUR (Dec 7): Malaysian Rating Corporation Bhd (MARC) has accorded a Silver Impact Bond Assessment to Sunway Real Estate Investment Trust (REIT)’s inaugural sustainability-linked bonds (SLB) Framework which governs the terms of the bonds.

KUALA LUMPUR (Dec 6): Sirim Bhd’s wholly-owned subsidiary, Sirim STS Sdn Bhd (SIRIM STS), has been appointed as coordinator for the development of Malaysia Railways Industrial Standard (MRIS) to advance and promote the competitiveness of the country's rail industry.

PETALING JAYA (Nov 30): The Malaysia Green Building Council (malaysiaGBC), in conjunction with the World Green Building Council’s Advancing Net Zero project, announced the launch of the malaysiaGBC Carbon Score (MCS) initiative on Saturday (Nov 27).