Terengganu Achieves Remarkable 90% Completion in ECRL Project The East Coast Rail Link (ECRL) project in Terengganu has achieved the highest progress among the four states involved, with a 90% completion rate, according to Menteri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar. During a visit to the Dungun station, which is 58% complete, Ahmad Samsuri reaffirmed that the construction is on schedule. He...
Bank Negara Malaysia Keeps OPR at 3% to Support Economic Growth Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3%, as widely anticipated, following its two-day Monetary Policy Committee (MPC) meeting. This decision reflects the central bank’s confidence in Malaysia’s strong economic fundamentals and manageable inflation outlook. A Supportive Monetary...
50% Toll Discount for Chinese New Year Announced The Malaysian government has decided to implement a 50% discount on toll charges in conjunction with Chinese New Year celebrations, instead of waiving toll fees entirely. This move will cost the government RM20.08 million in compensation to toll concessionaires. Discount Details •Effective Period: From 12.01am on Jan 27 to 11.59pm on Jan...
Meta to Join Licensed Social Media Platforms in Malaysia Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, is set to receive its Application Service Provider Class Licence (ASP (C)) in Malaysia, following in the footsteps of Tencent’s WeChat, ByteDance’s TikTok, and Telegram. Smooth Progress Expected for Meta Communications Minister Fahmi Fadzil confirmed that Meta is...
A New Era for Wisma KFC Hap Seng Consolidated Bhd has redefined Jalan Sultan Ismail’s skyline with the transformation of the iconic Wisma KFC into the Hyatt Centric City Centre Kuala Lumpur. This project underscores Hap Seng’s commitment to creating innovative and value-added developments in Malaysia’s property market. Four years after acquiring the property for RM190 million, Hap Seng unveiled the...
Sarawak’s Role as the New Energy Hub in ASEAN Malaysia’s Prime Minister, Datuk Seri Anwar Ibrahim, announced that Malaysia’s ambition to position Sarawak as a regional energy hub will be a key agenda in tomorrow’s meeting with Japanese Prime Minister Shigeru Ishiba. This initiative, spearheaded by Sarawak Premier Tan Sri Abang Johari Tun Openg, is expected to strengthen the state’s role in the...
Pan Island Link 1 (PIL 1) Sparks Fresh Concerns in Penang The proposed Pan Island Link 1 (PIL 1) highway in Penang has reignited debates among activists and environmentalists, who warn that its construction could hinder the success of the state’s planned Light Rail Transit (LRT) system. The highway, initially approved in 2019 but delayed due to funding challenges, may now receive federal funding under...
Ringgit Shows Positive Trajectory Backed by Economic Strength The ringgit is demonstrating a positive outlook, reflecting Malaysia’s strong economic fundamentals and promising growth prospects for the next several years, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour. Speaking at the Malaysia Economic Forum (FEM) 2025, the governor emphasized that the ringgit is...
UK Introduces Electronic Travel Authorisation (ETA) for Malaysians As of today, Malaysians traveling to the United Kingdom will require an Electronic Travel Authorisation (ETA), according to a reminder from the British High Commission in Kuala Lumpur. What is the ETA? The ETA is a digital travel permission for visitors from visa-free countries like Malaysia, who are entering the UK for...
Iconic Marjorie Hotel: A New Benchmark for Penang’s Hospitality Iconic Penang Sdn Bhd (Iconic Group) has unveiled its latest luxury addition, the Iconic Marjorie Hotel, a Marriott International Tribute Portfolio property, in Sungai Nibong, Bayan Lepas. Soft-launched on Dec 28, 2024, this RM180 million development is the first hotel in Penang to achieve the Green Building Index (GBI) rating, setting new...
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