n 2023, foreign tourist arrivals had already reached 13 million by August, a threefold increase compared to the same period in the previous year
Author Archives: ZPCVRESEARCH
UAE-based DAMAC Group is set to invest RM250 million in establishing a data center in Cyberjaya, Malaysia, targeting both retail and enterprise customers. The group is actively expanding its data center ventures and has secured land for similar projects in Indonesia and Thailand.
The Prime Minister affirmed that the government’s backing and the creation of the Automotive High Tech Valley underscore Malaysia’s dedication to promoting investment prospects in the advanced automotive industry. This project, led by Zhejiang Geely Holding Group in partnership with DRB-Hicom, aims to transform Tanjung Malim into a global hub for new energy vehicles, focusing on talent development, research, and urbanization.
The Prime Minister affirmed that the government’s backing and the creation of the Automotive High Tech Valley underscore Malaysia’s dedication to promoting investment prospects in the advanced automotive industry. This project, led by Zhejiang Geely Holding Group in partnership with DRB-Hicom, aims to transform Tanjung Malim into a global hub for new energy vehicles, focusing on talent development, research, and urbanization.
The Ascott Limited (Ascott) has introduced The George Penang by The Crest Collection in the heart of Georgetown, Penang.
Malaysia has improved its ranking in the 2023 Global Financial Inclusion Index, moving up to 18th place from 20th in the previous year. This advancement is attributed to increased government and financial system support, coupled with advancements in the digital economy.
Iconic Group, has unveiled the opulent five-star Iconic Marjorie Hotel at the grand Icon City in Bukit Mertajam in partnership with Marriott International
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.
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.









