News

Bank Negara Malaysia Rate Cut: Economists Divided on Next Steps Bank Negara Malaysia’s (BNM) recent decision to lower its Overnight Policy Rate (OPR) by 25 basis points to 2.75% has sparked a lively debate among economists, investors, and businesses. While the cut is seen as a pre-emptive move to support economic momentum in the face of growing global uncertainty, experts are divided on whether this...

Ombak KLCC: Redefining Kuala Lumpur’s Luxury Retail Scene Kuala Lumpur’s prestigious city centre is set to welcome an exciting new destination with the near-completion of Ombak KLCC—a striking retail podium that promises to redefine shopping and lifestyle experiences in Malaysia’s capital. Developed by KLCC Holdings, the same visionary force behind the iconic Petronas Twin Towers, Ombak KLCC...

Park Hyatt Kuala Lumpur: Redefining Luxury at Merdeka 118 Park Hyatt Kuala Lumpur is poised to transform Malaysia’s luxury hospitality scene with its highly anticipated debut in the heart of Kuala Lumpur. Set atop the tallest skyscraper in Asia Pacific, Merdeka 118, the new hotel offers guests an unmatched experience of refinement, cultural richness, and breathtaking panoramic views. Occupying levels...

Kuala Lumpur Rises Among the World’s Best Student Cities Kuala Lumpur has achieved a historic milestone by breaking into the global top 15 of the QS Best Student Cities Rankings for the first time. This impressive climb highlights the city’s growing appeal as a dynamic, welcoming, and affordable destination for higher education. Ranked 12th worldwide and fourth in Asia, Kuala Lumpur’s ascent...

MRT3 Circle Line Receives Final Approval, Set to Transform Klang Valley Mobility The long-anticipated MRT3 Circle Line has finally received full approval from the Ministry of Transport, marking a pivotal moment in Malaysia’s infrastructure development and urban transformation. Once completed, the 51.6km orbital rail line will create a complete loop around the Klang Valley, seamlessly linking MRT, LRT,...

Malaysians Can Now Travel Visa-Free to China for 90 Days — Here's What It Means In a landmark step toward deepening bilateral ties, Malaysia and China have officially implemented a mutual visa exemption agreement, allowing passport holders from both countries to enjoy visa-free entry for short-term visits. What’s New? Effective immediately, Malaysian citizens can enter China without a visa for up...

Marina Bay Sands Expansion: Elevating Singapore's Luxury Tourism Singapore's Marina Bay Sands (MBS) is taking a bold step to reinforce its status as one of the world's most iconic integrated resorts. The planned Marina Bay Sands expansion—known for now as IR2—promises to redefine luxury tourism and entertainment in Asia, with an investment estimated at US$8 billion. This development isn't just an...

Avaland’s Avenue25 Connects to USJ21 LRT with New Pedestrian Linkway Avaland Bhd has taken a significant step forward in enhancing urban connectivity and walkability with the groundbreaking of a 300-metre covered pedestrian walkway and link bridge that will directly connect its Avenue25 mixed-use development to the USJ21 LRT Station. The project, launched on June 13, reaffirms Avaland’s commitment to...

IHG’s First voco Hotel in Malaysia to Open in Kuching: A New Chapter for Sarawak’s Hospitality Scene Global hospitality giant IHG Hotels & Resorts has announced the debut of its fast-growing voco brand in Malaysia, with the voco Kuching set to open next year. This marks a strategic milestone not only for IHG but also for Sarawak’s evolving tourism and commercial landscape, as the state...

OCBC Bank Provides RM351 Million Financing for Major Developments in Johor-Singapore SEZ In a move that underlines the growing strategic importance of the Johor-Singapore Special Economic Zone (JS-SEZ), OCBC Bank (Malaysia) Bhd has extended RM351 million in financing to See Hong Chen Group and EXSIM, two rising property powerhouses in southern Malaysia. The financing will support three significant real...