BINTULU (March 23): Sarawak will implement the construction of the Autonomous Rail Transit (ART) system route in Bintulu within five years, said Premier of Sarawak Tan Sri Abang Johari Tun Openg. The route will be connecting the town of Bintulu with Tanjung Kidurong, which will be developed as a petrochemical product production hub, as well...
Read moreAccording to new CBRE research by Ada Choi, Head of Occupier Research, the Asia Pacific region is starting to embrace what ‘living with COVID’ looks like for their 2022 commercial real estate market recovery plans. Choi comments, “The current Omicron wave has put a dent on leasing sentiment as restrictions affect site visits and leasing decisions....
Read moreSkyWorld Development Group has launched Solution Plus (Solution+), Malaysia’s first ecosystem and enhanced e-commerce platform that connects SkyWorld homeowners and traders. According to its chief executive officer Lee Chee Seng, gone are the days whereby one needs to painstakingly search for contacts, recommendations, and price comparison for interior design, renovations, furniture, and other home solutions....
Read moreMalaysian firms are collaborating with companies from the United Kingdom (UK) to offer smart cities solutions, develop innovative smart mobility projects, and help tackle transport challenges, following the Covid-19 pandemic. During the recent Virtual UK Smart Cities Mission to Malaysia, Metrobinaya Sdn Bhd and UK-based Interactive Coventry Ltd announced a partnership to provide smart cities...
Read moreKUALA LUMPUR: LBS Bina Group Bhd has entered into a heads of agreement (HOA) with a few companies to collaborate in building and operating a light rail transport (LRT) system connected with the railway shuttle link currently being built from Singapore to Johor Bharu (RTS Link). The property and construction group said the collaboration would...
Read moreGEORGE TOWN: The Penang Development Corp (PDC) will develop between 100 and 150 acres of industrial land annually in Batu Kawan over the next three years. According to special adviser to Penang Chief Minister Datuk Seri Lee Kah Choon (pic), the demand for industrial land in Penang is strong. “Due to the pandemic, electronic raw...
Read moreKlang Valley’s MRT 3 Circle Line, which was previously shelved by the former Pakatan Harapan government, is now back on track. As announced by Transport Minister Dr Wee Ka Siong recently, the MRT 3 project is aimed to be fully completed by 2030 and it will start partial operations by 2028. The new rail project...
Read moreElsoft Research Bhd is selling a property in Barat Daya, Penang for RM38 million, proceeds of which will be used for business expansion, a production facility, general working capital, and a special dividend. The group, via wholly-owned unit Siangtronics Technology Sdn Bhd, entered into an agreement with manufacturer of industrial equipment SRM Integration (Malaysia) Sdn...
Read moreDespite the ongoing pandemic, demand for high-rise residential developments in prime locations remains strong, according to Sime Darby Property Berhad group managing director Datuk Azmir Merican. He said, the company launched two high-rise offerings last year that were successful. It launched Jendela Residences at KLGCC Resort, which had an 80 per cent take-up rate in...
Read moreEco World International Berhad (EcoWorld International) has received several “large offers” for its projects in the United Kingdom (UK) and Australia from institutional and retail investors. According to the company’s president and chief executive officer, Datuk Teow Leong Seng, the offers are currently being evaluated. “Should we decide to proceed with these offers, our plans...
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