E&O Bhd To Develop RM700 Mln GDV Waterfront Residence On Andaman Island

GEORGE TOWN, Jan 16 (Bernama) -- Eastern & Oriental Bhd (E&O) has unveiled its latest waterfront residence Maris with a gross development value (GDV) close to RM700 million.

ASEAN-BAC Unveils 12 Initiatives To Drive Regional Growth, collaboration

GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled 12 strategic initiatives, including the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity, and regional collaboration.

Steady Growth In The Property Sector This Year - Rahim & Co

KUALA LUMPUR, Jan 16 (Bernama) -- The local property market is poised for steady growth in 2025, driven by sustained momentum in owner-occupier residential developments and the rise of emerging industries such as data centres and renewable energy.

Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.

US Patent Grants See Growth In 2024, Samsung Holds Top Spot

KUALA LUMPUR, Jan 15 (Bernama) -- United States (US) patent grants have rebounded after four years of decline, rising by 3.8 per cent from calendar year 2023 to 324,043, with Samsung retaining top spot for the third year in a row, according to IFI CLAIMS Patent Services.

Higher Wages, Minimum Wage Hike Drive Property Demand, Affordability This Year - Hong Leong Investment Bank

KUALA LUMPUR, Jan 15 (Bernama) -- Higher wages for civil servants and the introduction of a higher minimum wage remained key factors in catalysing demand and raising affordability for properties across the country this year, said Hong Leong Investment Bank Bhd. 

Bursa Malaysia Ends At Intraday Low Amid Mixed Regional Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on late selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.

Gamuda's Share Price Up After Securing RM8 Bln Penang LRT Contract

KUALA LUMPUR, Jan 14 (Bernama) -- Gamuda Bhd’s share price on Bursa Malaysia was higher at mid-morning after its consortium was appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.

Bursa Malaysia Ends Lower On Heavy Selling In Tech, Utility Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.

MRT Corp Signs Rm8.31 Bln Contract With SRS Consortium

KUALA LUMPUR, Jan 13 -- Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has signed a Civil Main Contract (CMC) for Segment 1 of the Mutiara Line Light Rail Transit (LRT) project with SRS Consortium Sdn Bhd.

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.