Author: editor

The official launch of NCT InnoSphere, the first certified Managed Industrial Park (MIP) in Northern Malaysia, at the Delapan Special Border Economic Zone (SBEZ) in Bukit Kayu Hitam, Kedah. KUALA LUMPUR: NCT Group of Companies (NCT Group), together with Northern Gateway (NGX), has launched NCT InnoSphere, adding to its portfolio of managed industrial parks (MIPs)….

Bursa Malaysia closed marginally higher on Monday, in tandem with the positive performance of regional peers, said an analyst. NSTP/HAIRUL ANUAR RAHIM At 5 pm, the FBM KLCI added 1.90 points to end at 1,610.95, compared with last Friday’s close. The benchmark index opened 0.70 of a point higher at 1,609.75, and moved between 1,606.76…

A new wave of promotional tactics within the real estate industry is raising concerns about the accuracy of market information available to consumers. Marketing campaigns that announce immediate sell-outs of new developments are creating a misleading picture of housing demand, potentially obscuring underlying economic realities. This phenomenon, amplified by digital platforms, complicates the ability of…

Johor is rapidly emerging as a key destination for international capital, with recent high-level engagements in Japan yielding significant interest from major corporations. During the state’s dedicated showcase at Expo Osaka 2025, senior officials held targeted discussions with four prominent Japanese firms, signaling a strong vote of confidence in Johor’s economic trajectory. This focused outreach…

New World Development Company has reported a second consecutive annual loss, reflecting the severe pressures facing Hong Kong’s property sector. The prominent developer, controlled by the billionaire Cheng family, announced a loss of HK$16.3 billion from continuing operations for the fiscal year ending June 30. This figure represents a significant deepening of losses compared to…

A significant shift in Malaysia’s fuel subsidy framework is now in effect, with the nationwide implementation of the BUDI95 initiative commencing at midnight. This program extends subsidized RON95 petrol at RM1.99 per liter to an estimated 16 million eligible citizens, marking a pivotal change from the previous universal subsidy model. The new price undercuts the…

In a landmark development for Malaysia’s sustainable energy landscape, Sime Darby Property has inaugurated the nation’s inaugural residential rooftop solar program under the National Energy Transition Roadmap. This pioneering endeavor, executed via the Community Renewable Energy Aggregation Mechanism, establishes a new benchmark for community-driven renewable energy projects. Deputy Prime Minister and Energy Transition and Water…

A recent tragic accident at the Bukit Kajang toll plaza has brought road safety into sharp focus. The incident, which claimed the life of an infant, underscores critical issues regarding vehicle maintenance and child passenger protection. Authorities are now urging both transport operators and the public to prioritize safety measures. Preliminary investigations revealed the infant…

Hong Kong’s property sector continues to face significant headwinds, as evidenced by New World Development Co’s latest financial results. The prominent developer reported a substantial loss for the second consecutive year, reflecting the ongoing challenges within the region’s real estate market. These difficulties stem from persistent debt issues and declining property values that have impacted…

A new strategic alliance has been formed between OCBC Al-Amin Bank Berhad and Halal Development Corporation Berhad, announced during the Malaysia International Halal Showcase 2025. This partnership aims to enhance support for halal entrepreneurs and expand the halal economy’s reach. The agreement was formalized through a Memorandum of Understanding signed by the chief executive officers…