YNH Property To Dispose Of Aeon Mall Seri Manjung For RM138 Mln

KUALA LUMPUR, Jan 21 (Bernama) -- YNH Property Bhd’s wholly-owned subsidiaries, Kar Sin Bhd and YNH Hospitality Sdn Bhd, have disposed of Aeon Mall Seri Manjung for RM138.0 million.

Fajarbaru Expects RM2 Bln GDV For Penang Medi-city Phase One

GEORGE TOWN, Jan 20 (Bernama) -- Fajarbaru Builder Group Bhd (FBG) anticipates the upcoming Penang Medi-City phase one project in Batu Kawan, Penang, to have a gross development value (GDV) of RM2 billion.

Fajarbaru, PDC Ink Master PDA For Phase 1 Of Penang Medi-city

GEORGE TOWN, Jan 20 (Bernama) -- Fajarbaru Builder Group Bhd (FBG) and the Penang Development Corporation (PDC) have signed the master purchase and development agreement (master PDA) for the first phase of the Penang Medi-City project in Batu Kawan.

Guangdong Retains China's Top Economy In 2024, GDP Exceeds 14 Trillion Chinese Yuan

KUALA LUMPUR, Jan 17 (Bernama) -- Guangdong is set to maintain its position as China’s top provincial economy in 2024, with its gross domestic product (GDP) projected to surpass 14 trillion Chinese yuan, according to the Guangdong Provincial People’s Congress report on Jan 15. (100 Chinese yuan = RM61.43)

Strategic Collaborations Vital For Malaysia's Property Development - Lim 

PETALING JAYA, Jan 16 (Bernama) -- Malaysia’s property development sector holds great potential for the future, but its success hinges on the significance of strategic collaborations, said Deputy Finance Minister Lim Hui Ying.

AirAsia Eyes 5 Mln Guest Arrivals To Sabah This Year

KOTA KINABALU, Jan 14 (Bernama) -- Budget carrier AirAsia is expecting five million guest arrivals to Sabah through Kota Kinabalu, Sandakan, and Tawau this year, up from the 3.7 million arrivals recorded in 2024.

Selgate, MTT To Develop Balik Pulau's Maiden Private Specialist Hospital

GEORGE TOWN, Jan 13 (Bernama) -- Selgate Corp Sdn Bhd, through its healthcare arm, Selgate Healthcare Sdn Bhd, has signed a development and lease agreement with MTT Properties and Development Sdn Bhd to build a private specialist hospital in Balik Pulau, Penang.

Property Market Poised For Growth, With Focus On Sustainability, Innovation And Connectivity - Knight Frank Malaysia

KUALA LUMPUR, Jan 13 (Bernama) – Malaysia’s property market is poised to grow in 2025 with a focus on sustainability, innovation, and enhanced connectivity with key regions across the country well-positioned to attract local and international investors, paving the way for long-term growth, Knight Frank Malaysia said.

Arte Corp Collaborates With COBNB Malaysia For Its RM460 Mln GDV Project In Mont Kiara

KUALA LUMPUR, Jan 11 (Bernama) -- Property developer Arte Corp Malaysia is partnering with COBNB Malaysia, a luxury short-term stay operator, to manage the units at its iconic RM460 million gross development value (GDV) Arte Solaris development in Mont Kiara.

Kenanga IB: Banking Sector Loan Growth Projected At 6.0 Pct In 2025

KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB). 

Insurance Industry In Limelight Due To Public Outcry Over Steep Medical Premium In 2024

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.

MOH Welcomes BNM's Interim Measures To Regulate Insurance, Takaful Premiums

KUALA LUMPUR, Dec 20 (Bernama) -- The Ministry of Health (MOH) has welcomed Bank Negara Malaysia’s (BNM) move to regulate the rise in medical and health insurance/takaful (MHIT) premiums, calling it a timely short-term intervention to alleviate the burden of sudden inflation on the public.