News

Malaysia: The New Business Epicenter in ASEAN Malaysia is increasingly recognized as the prime destination for businesses seeking growth opportunities within ASEAN, according to the latest findings from the UOB Business Outlook Study 2024. This comprehensive study surveyed 4,000 businesses across key markets in ASEAN and Greater China, unveiling a strong preference for Malaysia over regional counterparts...

Chin Hin Group Bhd has strategically increased its ownership in its property and construction arm, Chin Hin Group Property Bhd (CHGP), by acquiring an additional 3.39% stake for RM29.26 million. This move boosts its shareholding to 57.13% from the previous 53.74%, marking a significant enhancement of its influence over CHGP. Acquisition Details and Market Response Between March 19 and April 4, 2024,...

Unlocking Opportunities: Navigating KL20 Visa Options for Malaysia’s Thriving Startup Ecosystem Kuala Lumpur's KL20 initiative is not just transforming Malaysia into a startup hub but also revolutionizing how foreign talent can participate in this dynamic market. With a suite of specialized visa options, KL20 caters to entrepreneurs, investors, and highly skilled professionals, offering a streamlined...

Malaysia's Strategic Push into Advanced Semiconductor Manufacturing As global semiconductor demand continues to rise, Malaysia is positioning itself confidently in the high-end sector of this industry, undeterred by the competitive pressures from major players like China and the U.S. This optimism was expressed by Malaysia's Second Finance Minister, Amir Hamzah Azizan, during an interview at the IMF...

Malaysia's industrial sector is showcasing signs of robust recovery and dynamic growth with the emergence of new manufacturing plants, despite facing challenges like the post-pandemic closure of some factories. Samuel Tan, executive director at KGV International Property Consultants, highlights this growth as a key marker of Malaysia's economic resilience, emphasizing the critical roles of job creation and...

Hong Leong Bank Partners with MIDA to Strengthen Malaysia's Investment Ecosystem Hong Leong Bank Bhd (HLB) has announced a significant strategic collaboration with the Malaysian Investment Development Authority (MIDA), marking a pivotal step towards bolstering Malaysia’s investment ecosystem. This partnership aims to provide comprehensive financial solutions and banking services to businesses venturing...

Tampines Resale Flat Sells for Just S$100,000: An Analysis of This Market Anomaly In an eye-opening transaction that has sparked widespread conversation, a four-room flat in central Tampines, Singapore was sold for a mere S$100,000 (RM351,271), a price significantly lower than typical market rates. This sale, completed in January, involved a unit at Block 860A Tampines Avenue 5 with a remaining lease of...

In an evolving landscape where the allure of Southeast Asia’s property market captivates global investors, Malaysia emerges as a shining beacon, particularly in the eyes of Chinese residential buyers. A blend of economic stability, strategic location, top-tier international education, and a burgeoning property sector propels Malaysia into the spotlight, making it an irresistible choice for those seeking...

Kuala Lumpur on the Brink of a High-Tech Revolution As the sun rises over the bustling cityscape of Kuala Lumpur, an air of excitement and anticipation fills the atmosphere. Prime Minister Datuk Seri Anwar Ibrahim has just unveiled plans for Southeast Asia's largest integrated circuit design hub, poised to take Selangor—and Malaysia at large—to the forefront of global technology innovation. This...

Genting Highlands, located a mere 40 minutes from Kuala Lumpur, is not only a favorite retreat for those looking to escape the city's hustle but also a hotbed of real estate opportunities. This premier highland resort is renowned for its cool climate, exceptional entertainment options, and robust visitor numbers, making it a top destination for property investors. Surge in Tourism and Real Estate...