KUALA LUMPUR (Jan 17): Malaysian construction stocks fell further on Friday, as investors further cut their exposure to data centre plays, amid lingering fallout from intensifying US controls on advanced chip exports. “The current outlook has become uncertain and cloudy, and I think investors will likely want to reduce their positions in the stocks,” said…
Read MoreNEON at Battersea Power Station will host two unique exhibitions per year and is set to become a landmark venue, attracting visitors not only from London and the UK, but from all over the world, for unforgettable experiential content KUALA LUMPUR (Jan 17): NEON at Battersea, the first-ever purpose-built entertainment and cultural exhibition space in…
Read MoreKUALA LUMPUR (Jan 16): Malaysian Prime Minister Datuk Seri Anwar Ibrahim officially inaugurated YTL Brabazon New Town in Bristol, a development poised to become the most sustainable new town in the UK. Speaking at the launch on Wednesday, he said, “Investments by Malaysian businesses into the UK are not just about economic growth, they reflect…
Read MoreMalaysia’s data centres unaffected by US AI chip export restrictions, says deputy Miti minister Liew Chin Tong said the Malaysian government will take a cautious, evaluative stance to better understand how these proposed restrictions might influence future developments and partnerships. KUALA LUMPUR (Jan 16): The potential implementation of export limitations by the US government on…
Read MoreRahim & Co: Steady growth amid cautious sentiment for Malaysian property sector in 2025 “Looking forward to 2025, we anticipate the market will continue to grow, driven by residential development, emerging sectors such as data centres and renewable energy, as well as key infrastructure projects that will rekindle past interests and open up new investment…
Read MoreKUALA LUMPUR (Jan 15): As the world transitions into what the World Economic Forum (WEF) described as the “intelligent age”, artificial intelligence (AI) and data centres are emerging as pivotal drivers of technological and energy system transformation. Data centres currently account for approximately 1% of global electricity demand, with projections indicating this could rise to…
Read MoreThe URA is envisioned to bring about a wave of urban redevelopment by lowering the bar in buying over strata titles. KUALA LUMPUR (Jan 13): The Housing and Local Government Ministry (KPKT) said its primary focus in 2025 will be tabling the Urban Renewal Act (URA) to redevelop dilapidated urban areas. This sits atop the…
Read MoreKUALA LUMPUR (Jan 13): Malaysia’s wholesale and retail trade growth decelerated to 4.7% year-on-year in November, largely driven by sales in non-specialised and specialised stores, official data on Monday showed. Distributive trade totalled RM149.3 billion in November, the Department of Statistics Malaysia said in a statement. The rate was a tad slower than the 5.5%…
Read MoreKUALA LUMPUR (Jan 13): City Motors Group has officially opened its 42-storey Alfa Bangsar mixed-use development located at the intersection of Jalan Maarof and Jalan Tandok in Bangsar, Kuala Lumpur, last Friday (Jan 10). Alfa Bangsar, which has a gross development value of RM450 million, offers three components: 178 serviced apartment units with built-ups ranging…
Read MoreKUALA LUMPUR (Jan 10): Risks are building up towards an earlier rate hike due to Malaysia’s removal of RON95 petrol subsidies, according to BMI, a Fitch Solutions company, though it officially forecasts the rate to remain unchanged this year. The proposed RON95 petrol subsidy rationalisation — set to be implemented by mid-2025 as announced in…
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