News

Sabah is on the brink of welcoming a new era for expatriates and retirees with the impending launch of the revamped Sabah-Malaysia My Second Home (Sabah-MM2H) programme, set to roll out next month. Datuk Christina Liew, Minister of Tourism, Culture, and Environment, announced the final touches are being applied to the programme, promising a smooth application process for prospective residents. Final...

In the vibrant heart of Kuala Lumpur, where dreams of homeownership flourish, the Malaysian government, spearheaded by Bank Negara Malaysia (BNM), has embarked on a mission to fortify the nation's financial ecosystem. This initiative is designed to navigate the complexities of household debt, ensuring the dreams of future homeowners remain untarnished by financial instability. Deputy Finance Minister Lim...

In a recent ranking by Yahoo! Finance and Insider Monkey, Malaysia has been named the 14th fastest-growing economy in Asia for 2024. This prestigious recognition is based on an analysis using the Real GDP and GDP per capita growth rates from the International Monetary Fund (IMF), spotlighting Malaysia's economic dynamics relative to its regional peers. Economic Growth Insights In 2024, Malaysia recorded...

Diving straight into the heart of groundbreaking developments, Fajarbaru Builder Group Bhd has recently clinched a pivotal contract, setting the stage for an ambitious redevelopment project at the Royal Malaysian Air Force (RMAF) base in Butterworth, Penang. This remarkable venture, valued at RM11.04 million, not only marks a significant milestone for Fajarbaru but also highlights the company's robust...

Imagine finding a travel destination that not only enchants with its culture, cuisine, and stunning landscapes but also ranks as an unbeatable value for your holiday budget. Penang, known affectionately as the Pearl of the Orient, has clinched the 11th spot in the 2024 edition of the Holiday Money Report, marking it as a must-visit locale for savvy travelers seeking both adventure and affordability. This...

In a significant move to boost Malaysia's appeal as a premier destination for foreign residents, the government has announced pivotal changes to the Malaysia My Second Home (MM2H) programme. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi unveiled the revised requirements aimed at streamlining the application process and enhancing the benefits for participants, marking a new chapter in the...

As Raya approaches, bringing with it the spirit of forgiveness and celebration, Klang Valley malls are transforming into breathtaking showcases of Malay heritage and culture, promising an Eid al-Fitri to remember. Despite a calendar brimming with festivities, these hubs of commerce and social gatherings haven't shied away from displaying the rich local cultures that Malaysia prides itself on. With an array...

Anticipation buzzes through the air as Shake Shack, the globally renowned burger empire, sets its sights on Malaysia for its newest culinary adventure. Later this month, The Exchange TRX in Kuala Lumpur will play host to the eagerly awaited first Shake Shack outlet in the country, marking a significant milestone in the brand's expansion into Southeast Asia. The revelation came through a vibrant...

In a strategic pivot reflecting the evolving priorities and market conditions, Tropicana Corp Bhd and Pantai Kok Resort Development Bhd have mutually decided to terminate their joint development agreement (JDA) for a 44.61-acre land parcel in Padang Mat Sirat, Langkawi. This decision, disclosed in a recent filing with Bursa Malaysia, underscores both entities' responsive approach to the dynamic real estate...

In an impressive display of efficiency and innovation, the East Coast Rail Link (ECRL) project has reached a significant milestone, with the completion of the track installation for its first phase—spanning a 92km stretch from Kuantan Port City (KPC) in Pahang to Dungun, Terengganu—a full month ahead of the anticipated schedule. This accomplishment underscores Malaysia's commitment to...