Efforts to rejuvenate downtown Kuala Lumpur as a creative and cultural district are underway with a RM20 million allocation from the 2024 Budget. This initiative is a collaborative effort between Kuala Lumpur City Hall and Think City, aimed at transforming the nation's capital into a dynamic hub of culture and creativity. The Creative KL Grants Programme The Creative KL Grants Programme offers grants...

Ekovest Bhd Disposes Four Parcels of Jalan Pahang Land for RM9.82 Million Infrastructure and construction group Ekovest Bhd (KL) announced the disposal of four parcels of land along Jalan Pahang in Kuala Lumpur. The transaction, amounting to RM9.82 million, is with Airman Sdn Bhd, a wholly-owned subsidiary of Lim Seong Hai Holdings Sdn Bhd (LSHHSB). Details of the Disposal The four parcels of land...

Malaysia is taking proactive steps to strengthen its economic ties with Thailand by proposing the involvement of the private sector and startup companies in the establishment of special economic zones (SEZs). This initiative aims to attract more investments and foster economic growth in both nations. Malaysia's Proposal to Thailand Prime Minister Datuk Seri Anwar Ibrahim highlighted this proposal...

French luxury fashion house Louis Vuitton has unveiled a brand new store in the heart of Kuala Lumpur. The new store, which is the brand’s largest flagship store in Malaysia, now occupies a prime space in Pavilion Kuala Lumpur. This architectural marvel is a stunning addition to the city’s premier shopping destination, offering an unparalleled experience that combines fashion, art, and culture. A...

Penang Aims to Become an Age-Friendly City by December 2025 Penang is making significant strides toward becoming an Age-Friendly City by December next year. This initiative aligns with the World Health Organisation's (WHO) eight frameworks for age-friendly cities, aiming to enhance the quality of life for the elderly population. Penang has been selected as the pilot project due to its status as the state...

Agile Bukit Bintang: A New Landmark in Kuala Lumpur's Skyline Agile Bukit Bintang, the premier integrated commercial development by Agile Real Estate Development (M) Sdn Bhd (Agile Property), stands as a new beacon of luxury living in Kuala Lumpur. This prestigious project marks Agile Property’s significant milestone in Malaysia, featuring an impressive array of residential and commercial units...

Forest City's Pulau Satu to Thrive with Duty-Free Island Status, Boosting Tourism and Property Demand Forest City, located in Johor, is set to experience a surge in tourism and property demand with Pulau Satu's official designation as a duty-free island. This move is expected to have a significant positive impact on the local economy, according to industry experts. Economic Impact of Duty-Free...

Bank Negara Malaysia Enforces Amendments to Money Services Business Act Bank Negara Malaysia (BNM) has announced the enforcement of the Money Services Business (Amendment) Act 2024 (MSBA 2024) effective today. These amendments aim to bolster BNM's ability to implement stringent enforcement actions against illegal operators within the money services business (MSB) industry, thereby enhancing the sector's...

Bamboo Hills Residences: A New Landmark in Subang Jaya UOA Development Bhd has unveiled Bamboo Hills Residences, a new addition to the expansive 27.51-acre Bamboo Hills development along DUKE Highway and Jalan Ipoh. This project offers 2- and 3-bedroom apartments with built-ups ranging from 603 to 904 square feet, starting at RM393,000. As a transit-oriented development (TOD), Bamboo Hills Residences...

Largest Hard Rock Hotel in Asia to Open in Genting Highlands by 2027 A historic milestone was achieved with the announcement that the largest Hard Rock Hotel in Asia will open in Genting Highlands in 2027. On October 14, HR Hotel & Residences Sdn Bhd and Hard Rock International announced their partnership after signing an agreement to build the hotel. A New Landmark in Genting Highlands The new...