Bank Negara Malaysia maintains overnight policy rate at 2.75%
At the current level, BNM said it “considers the monetary policy stance to be appropriate and supportive of the economy amid price stability”.
Malaysian Bar joins calls to defer Urban Renewal Bill, says compulsory acquisition clause 'illogical'
It criticised provisions that would allow compulsory acquisition from dissenting landowners once thresholds are met, calling it “illogical” and unfair.
Ivory Properties’ unit under receivership after default
The receivership happened because Ivory Indah failed to pay its debts by Aug 12, breaking the terms of its loan agreements with CIMB Islamic.
Landlords brace for slower leasing and softer rent under new SST regime
"Office tenants now face the dual challenge of higher rental costs and increased fit-out expenses due to the new construction services tax.
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Setia4Malaysia Unity Run 2025 to kick off at Setia Fontaines in Penang
Setia4Malaysia Unity Fest 2025 events will take place concurrently for the first time across selected flagship townships on 6 to 7 Sept 2025, including Setia Eco Gardens, Setia Bayuemas, Setia Alamsari, KL Eco City, Setia Alam Impian, Setia Eco Glades, Setia Warisan Tropika, and internationally in Setia Vietnam and Setia Melbourne.
Genting Malaysia’s loss-making Empire Resorts to sell non-gaming assets for RM2.2b to cut costs, clear debt
Genting Malaysia said the deal will see Empire Resorts sell key non-casino properties—including the 332-room Resorts World Catskills (RWC) and the 99-room Alder Hotel, a 18-hole Monster golf course, the 2,500-seat RWC Epicenter, and restaurants—to a local development body, Sullivan County Resort Facilities Local Development Corporation (SCRFLDC), which will run them as public assets.
Positive outlook for luxury hotel sector
Park Hyatt Kuala Lumpur general manager Herman Kemp stated that Hyatt Hotels Corporation is very confident in Malaysia’s premium hospitality market, with the increase in tourism and the improvement of Malaysia’s economy, following the Covid-19 pandemic.
Placemaker Week ASEAN 2025 to be held in PJ, expects 1,000 participants
Beyond knowledge-sharing, Zahri said the programme aims to elevate public spaces as essential to a city’s social, economic, cultural, and environmental fabric.
Airbnb activity added RM9.2b to Malaysia’s economy in 2024, study shows
Domestic travel demand remained a key growth driver, with Malaysians making up 67% of Airbnb guests in 2024, surpassing pre-pandemic levels recorded in 2019.
U-Thant: The Ashwood offers resort-style living in a prestigious KL address
Developed by Paramount Property (Cityview) Sdn Bhd, The Ashwood is a luxury non-landed residential project located in the elite U-Thant area, just 1.
