Despite the geopolitical tensions and differing perspectives on the Gaza conflict, US investors continue to see Malaysia as an attractive investment destination, according to United States Ambassador to Malaysia, Edgard D. Kagan. In a recent interview with the New Straits Times, Kagan highlighted the strong, long-standing relationship between the US and Malaysia, which dates back 67 years, and noted that...

MyTOWN Shopping Centre has achieved a remarkable 98% occupancy rate following the entry of 27 new tenants in the first half of 2024, as announced in a press statement dated August 12. This milestone reflects the shopping centre's growing appeal as a prime destination for lifestyle retail, dining, and entertainment in Kuala Lumpur. New Tenants Boost Retail Mix The new tenants that have joined MyTOWN...

In today's rapidly urbanizing landscape, high-rise developments are becoming the hallmark of modern city living. These vertical residences cater primarily to younger homebuyers eager to carve out their independence. However, the younger generation, specifically Gen Z, seems to have their hearts set on something else — landed properties. While high-rise buildings dominate urban skylines, Gen Z dreams of...

The long-anticipated Kuala Lumpur-Singapore High-Speed Rail (HSR) project is nearing a crucial decision point, with an official announcement expected by the end of the fourth quarter of 2024. The HSR project has been a topic of significant interest both domestically and internationally, given its potential to transform connectivity and stimulate economic growth across the region. Speaking at the HSR Asia...

Fairfield by Marriott has officially announced the opening of its third hotel in Malaysia, marking another milestone in the brand's expansion within Southeast Asia. The new property, Fairfield by Marriott Kuala Besut, is strategically located in Kuala Besut, Terengganu, and caters to both business and leisure travelers exploring the East Coast region of Peninsular Malaysia. Ramesh Jackson, Marriott...

Trinity Group, a leading property developer, has announced the launch of its Gold Assurance Programme, making it the first developer in Malaysia to offer such comprehensive long-term assurances in the real estate sector. This landmark programme is designed to provide unprecedented peace of mind to homeowners and investors, delivering significant benefits that go beyond industry norms. The Gold Assurance...

WORQ, a leading co-working and flexible office space provider in Malaysia, has announced a significant expansion of its Menara UOA Bangsar outlet, in partnership with UOA Asset Management Sdn Bhd. This expansion marks a milestone for WORQ, as it adds 17,500 sq ft of space to the existing 15,000 sq ft, bringing the total size of the co-working facility to an impressive 32,500 sq ft. UOA Asset Management, a...

Twenty-five years after the iconic Petronas Twin Towers became the tallest buildings in the world, Kuala Lumpur continues to add new skyscrapers to its skyline. The latest addition is the 678.9-meter Merdeka 118, which, once fully open to the public later this year, will claim the title of the second-tallest building in the world, behind Dubai's Burj Khalifa. The rapid construction of supertall buildings...

Malaysia is on the brink of a significant milestone in its semiconductor industry, with plans to begin designing its own semiconductors. This development is largely attributed to the country's strong bilateral relationship with China, a key player in the global semiconductor market. Richard Chang, often referred to as China’s "godfather of semiconductors," highlighted this potential during a recent...

In line with market expectations, Bank Negara Malaysia (BNM) has opted to maintain its benchmark Overnight Policy Rate (OPR) at 3% during its fourth Monetary Policy Committee (MPC) meeting for 2024. The decision comes as the country enjoys sustained economic growth and benign inflation, providing a stable backdrop for future expansion. According to a Bloomberg survey, all economists predicted that the...