In a significant development in Malaysian infrastructure, Transparency International Malaysia (TI-M) has called for stringent independent oversight of the Penang Light Rail Transit (LRT) project. This call comes in light of concerns over the direct tender process awarded to SRS Consortium Sdn Bhd, a subsidiary of Gamuda Bhd. Muhammad Mohan, the president of TI-M, emphasized the necessity of third-party...
The recent announcement of a salary increase for civil servants could potentially breathe new life into Malaysia's property market, according to the Real Estate and Housing Developers' Association Malaysia (Rehda). This development comes at a crucial time as both consumers and developers grapple with the rising cost of living and escalating prices of building materials. Potential Impact of Salary...
At the inaugural Malaysia Travel Escapade 2024, held at Suntec City Mall from April 12 to 14, the rich and enticing aromas of traditional Malaysian breakfast dishes like nasi lemak, roti canai, and chicken bak kut teh captivated visitors, highlighting Malaysia’s vibrant culinary heritage. The event, a celebration of Malaysian culture, strategically placed Malaysian breakfast culture at its heart,...
In a surprising turn of events, YNH Property Bhd has decided to halt the sale of a strategically positioned 6.49-acre plot in Segambut, opting instead to develop the land into a high-potential serviced apartment complex. This new project, in collaboration with Chin Hin Group Property Bhd, is anticipated to boast a Gross Development Value (GDV) of RM685.1 million, positioning it as a prime investment in...
The rapid integration of technology into the workforce is redefining job roles and skill sets required across industries. With technological advancements rendering some jobs obsolete while creating new ones, employers are now seeking a broader range of competencies from their employees. Insights from JobStreet and the Malaysian Employers Federation (MEF) shed light on these dynamic shifts. Emerging Job...
Penang is experiencing an unprecedented influx of tourists this Golden Week, as Chinese nationals enjoy a well-deserved break coinciding with International Workers’ Day. The island, known for its rich heritage and exquisite culinary offerings, has become a magnet for those looking to explore new cultures and cuisines. Jerry Chen, a project manager from Suzhou, is among the many who chose Penang as their...
Sunway Property is once again at the forefront of architectural innovation with the unveiling of their RM1.8 billion initiative, Sunway Velocity 3, the latest addition to the esteemed Sunway Velocity Kuala Lumpur integrated complex. This new phase is poised to redefine contemporary living with its co-living-ready apartments tailored for Kuala Lumpur's bustling community of professionals, young couples, and...
Penang, often dubbed the Pearl of the Orient, enchants retirees with its seamless blend of historic charm and contemporary conveniences, underscored by a robust healthcare infrastructure. The rise of retirement homes in this picturesque locale reflects a society that values both tradition and modernity, providing a sanctuary for those seeking a serene yet stimulating golden age. Dr. Mastura Mohd Sopian, a...
Unveiling a monumental development for Malaysia, Microsoft has announced its commitment to invest RM10.5 billion over the next four years to bolster the nation's digital transformation. This investment marks the largest in the company's 32-year history in Malaysia and signals a robust step forward in enhancing Kuala Lumpur's stature as a burgeoning digital hub. At the heart of this initiative is the...
In the heart of Kuala Lumpur, amidst a fiercely competitive retail environment, Pavilion Real Estate Investment Trust (PavREIT) continues to dominate with its flagship properties, Pavilion KL and the adjoining Pavilion Elite. Despite the buzz surrounding the new The Exchange TRX, PavREIT maintains a stronghold with an impressive occupancy rate surpassing 95%. Strategic Innovation Drives...