Sunway Bhd embarks on an exciting partnership with Penang Development Corporation (PDC) to transform 559 acres of prime industrial land in Batu Kawan, Penang. This strategic venture, in collaboration with Umech Land Sdn Bhd, promises to bring innovation and prosperity to the region, with a minimum gross development value of RM3.5 billion.
Monthly Archives: September 2023
Motac is conducting study to strengthen tourism industry guidelines
Malaysia’s property market in H1 2023 recorded RM85.37 billion in transactions, with residential properties dominating, accounting for over 60% of volume and nearly 53% of value. Deputy Finance Minister Datuk Seri Ahmad Maslan expressed cautious optimism for H2 2023, citing government initiatives and economic growth.
Domestic tourism experienced a notable 20% growth, with a recorded tally of 54.5 million visitors in Q2 2023
ECM Libra Group Bhd is set to purchase two beachfront plots in Desaru Coast, Johor for RM36.86 million
Bank Negara Malaysia has decided to keep its overnight policy rate (OPR) at 3% in line with market expectations, aiming to support the economy and align with inflation and growth assessments. BNM relies on domestic factors such as robust employment opportunities and increased investments to drive economic growth for a striving balanced and resilient economic trajectory.
YTL REIT to expand portfolio with RM138m acquisition of Hotel Stripes KL