New 700m skyscraper coming up in KLCC

PETALING JAYA (July 14): A 700m building tentatively named Tower M will come up within the Kuala Lumpur City Centre development after 2030, dwarfing the 630m Menara PNB 118 which is slated for completion in 2024, reported The Edge Malaysia weekly.

READ MORE

RM114m to subsidise residential power surcharge in 2H18

KUALA LUMPUR (July 13): Domestic users are the first priority for Putrajaya, which will utilise RM114 million from the Electricity Industry Fund (KWIE) to subsidise nearly 82% of residential power users in the second half of the year, according to Energy, Technology, Science, Climate Change and Environment minister Yeo Bee Yin (pictured).

READ MORE

Pasarakyat’s Jho Low connection

PETALING JAYA (June 30): Ladang Impian 1 Sdn Bhd (LI1SB) which held a 15-year lease upon on the four acres upon which Pasarakyat was located, was paid RM35 million to terminate its lease seven years ahead of its expiry on January 1 this year, reported The Edge weekly.

READ MORE

TRX City sees 'renewed confidence' among investors in TRX post-GE14

KUALA LUMPUR (June 28): There appears to be a sense of “renewed confidence” in the Tun Razak Exchange (TRX) development, following the country’s 14th general election (GE14) that saw a change in government for the first time in Malaysia since its independence from Britain, according to the project owner and master developer TRX City Sdn Bhd.

READ MORE