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Ahmad Maslan emphasized that the government is closely monitoring the movement of the Malaysian ringgit, as it affects the prices of imported goods.

The disposal will result in UEM Sunrise no longer being the main driver of the development of the commercial zone of Medini, as its shareholding in NLSB will decline to 49% from 55%, while that of IHH will increase to 51% from 45%.

Presenting Knight Frank Malaysia's white key paper titled “ESG by Design: Selangor’s Path To Sustainable Industrial Real Estate”, Frank Malaysia executive director Allan Sim said: “With the launch of Selangor’s Managed Industrial Park (MIP) standard, coupled with green features certification and ESG adoption, MIP developments are expected to attract high-value investment.

Hasbi also noted that the main contractor of ECRL, China Communications Construction Sdn Bhd, has appointed various local companies to support the construction of the project amounting to 2,785 companies comprising subcontractors, consultants, suppliers and service providers.

“To ensure MM2H is attractive and competitive, the Ministry of Tourism, Arts and Culture (Motac) together with the home ministry continues to review the existing requirements of the programme.

“In order to pump prime the revival of the Malaysian construction industry, the MBAM appeals to the government to provide more assistance for the construction industry to revive and sustain the construction sector.

Works Minister Datuk Sri Alexander Nanta Linggi: Embracing these trends and technologies will not only lead to more efficient and cost-effective construction processes, but also contribute to a more environmentally responsible and resilient built environment.

Marcus Teng, CEO of PropNex Malaysia: The primary goal was to facilitate learning and enjoyment while promoting financial literacy.

PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.

“The properties are earmarked as a green-certified building and this will form part of the bank’s sustainability journey to be a more sustainable and resilient organisation.