News

Malaysia's Economic Diversification: Embracing Innovation Amid Fiscal Challenges Malaysia is making remarkable strides in economic diversification, utilizing innovative measures to overcome fiscal challenges. A joint report by the United Nations Development Programme (UNDP) Malaysia and the Malaysian Industry-Government Group for High Technology (MIGHT) highlights Putrajaya's strategic initiatives to...

Maxim Global Bhd is set to make a significant impact in the property market with the launch of properties totaling over RM1 billion in gross development value (GDV) this year. Among these is the much-anticipated development, The Atas, in Taman Desa, which was launched recently with a GDV of RM580 million. This landmark project showcases Maxim's commitment to delivering luxury living spaces that cater to...

Selangor Achieves High-Income Status: Insights and Implications Selangor, one of Malaysia's most prominent states, has officially joined the ranks of high-income states, according to a recent announcement by Apurva Sanghi, World Bank lead economist for Malaysia. This milestone marks a significant achievement for Selangor and reflects the broader economic progress within Malaysia. Selangor's Economic...

AETAS Seputeh, the latest development by Avaland Bhd, exemplifies exceptional luxury living in the heart of Kuala Lumpur (KL). Developed by Avaland’s subsidiary, Ardent Residence Sdn Bhd, this exquisite residence embodies sophistication and exclusivity. As The Malaysian Reserve (TMR) stepped into the lobby of AETAS Seputeh, the air of refinement and elegance was immediately palpable. A Grand...

Where to Stay in Malaysia: Luxurious Hotels in Iconic Destinations A melting pot blending Malay, Chinese, and Indian influences, Malaysia is a captivating destination in Southeast Asia. Situated between Thailand and Singapore, its fast-growing economy, tropical coastline, rich biodiversity, and colonial history enrich its cultural and geographic tapestry. From the glittering lights of Kuala Lumpur and...

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...