"With their involvement, I am confident that public participation will be wider and more impactful, potentially making history by attracting 100,000 participants in this massive community cleanup campaign.
Scheduled to be launched in October 2025, SPEED Selangor is expected to shorten processing times at the local authority (PBT) level.
The project is scheduled to be completed within 13 months, starting from July 30, and is expected to contribute positively to Econpile’s revenue and earnings from the financial year ending June 30, 2026 onwards.
Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour: The MPC is not on any pre-set course.
Malaysian REITs would still leverage on robust domestic spending, lower bond yields and active inorganic growth strategies, according to RHB Investment Bank Bhd.
Housing and Local Government Minister Nga Kor Ming stressed the need for continued efforts to position Malaysia among the world’s top 12 most competitive economies by 2033, in line with the Madani Economic Framework.
Australia and New Zealand Banking Group (ANZ Research) in a note said BNM has historically only made back-to-back cuts during major shocks such as the Covid-19 pandemic or the Global Financial Crisis.
Prime Minister Datuk Seri Anwar Ibrahim said the Monetary Policy Committee’s (MPC) move was based on careful assessments of current economic and inflation forecasts.
“While the domestic economy is on a strong footing, uncertainties surrounding external developments could affect Malaysia’s growth prospects,” BNM said.
The land, referred to as Parcel 1, is part of a larger 161.
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