Cities are facing a growing number of crises that cannot be resolved by traditional means. These include the challenges of coexisting with significant cultural differences and diversity, developing the sustainability agenda and discovering the city’s role and purpose on an economic, cultural and ...

Shaping Kuala Lumpur into a creative city

Sunway Property, the property arm of Sunway Bhd, will hold a preview of the RM1.8 billion Sunway Velocity 3 by the end of this month.

The project, which is the latest phase in the integrated development of Sunway Velocity Kuala Lumpur, will be a serviced residence with co-living-ready f...

Sunway Property to preview Sunway Velocity 3 this month

Mah Sing Group Bhd is planning to take its business to the next level through the expansion of its property arm as well as the listing of its plastic and rubber glove manufacturing divisions within the next three years. In an interview with City & Country, founder and group managing ...

Cover Story: Business expansion on the cards

Net-zero carbon (NZC) goals are driving the demand for sustainable office buildings in Asia, according to JLL’s report Asia’s Decade of Action: Accelerating the transition to Sustainable Workplaces. The report stated that 87% of occupiers in Asia are targeting 100% green-certified portfolios by 2...

JLL: Net-zero carbon goals drive accelerated demand for sustainable workplaces in Asia

US-based non-profit association for corporate real estate (CRE) professionals CoreNet Global hosted its 2024 Global Asia-Pacific (Apac) Summit in Kuala Lumpur last month, which gathered 670 leaders in the CRE profession from Fortune 500 companies all around the world.

Held from March 5 ...

CoreNet Global continues to advance, support corporate real estate practice

KUALA LUMPUR (April 14): Radium Development Bhd strives to be an asset-light and city-centric developer, focusing on development projects with a fast turnaround in the Klang Valley, particularly in mature locations with existing amenities.

Building prudently for sustainable growth

Tujuh Residences, the first residential project launched within the 94-acre Kwasa Damansara City Centre (KDCC) master plan in Shah Alam, Selangor, has received an encouraging market response since its soft launch in early October last year.

“The Tujuh Residences showroom is currently op...

Tujuh Residences receives encouraging market response

Real estate developers in Malaysia have a neutral outlook on the property industry for the first half of the year (1H2024), according to the Real Estate and Housing Developers’ Association Malaysia’s report titled “Property Industry Survey 2H2023 and Market Outlook for 2024”. The results were pre...

Neutral outlook for property industry in 1H2024

Gamuda Land, the property arm of Gamuda Bhd, is looking to launch the freehold 532-acre Gardens Park in the next quarter. The first phase of the development will offer two-storey terraced homes, according to the chief operating officer of project operations Wong Siew Lee.

In an intervie...

Cover Story: Seamless, green connections

Mah Sing Group Bhd plans to bulk up its property investment portfolio with industrial assets for more recurring income and expand its plastic manufacturing business into other Asean countries. Founder and group managing director Tan Sri Leong Hoy Kum also intends to list its plastic and rubber glove manufacturing segments soon.

Forging ahead for growth

With only one major completion — the Merdeka 118 tower — and currently low supply, the Kuala Lumpur and Selangor office market is expected to face supply pressure, according to Knight Frank Malaysia executive director (office strategy and solution) Teh Young Khean when presenting The Edge Mal...

The Edge Malaysia | Knight Frank Kuala Lumpur and Selangor Office Monitor 4Q2023: KL and Selangor office market on positive trajectory

Since the opening of its dining enclave just over a year ago, Bamboo Hills by UOA Development Bhd has become one of the Klang Valley’s most attractive destinations, offering a unique dining concept comprising individual pavilions nestled within a 16.48-acre green landscaped setting, complete with...

UOA Development to launch Bamboo Hills Residences in 2Q

While some countries or cities battle more pressing matters such as poverty, corruption and climate change, restoring and conserving buildings or parts of a neighbourhood may seem unnecessary as millions of dollars have to be spent. But the reality of it is far more complex as the benefits of res...

‘Restoration and conservation of historic cities contribute to their socioeconomic development’

A catchy new name is gradually making its presence known in the Klang Valley’s retail scene. MeMi ZoooZooo, which has a quirky and unique rhyme to its name, offers mini marts and grocers that operate 24 hours a day. The brand was launched in August 2022 by former contractor and property developer...

Kenwingston announces big plans for MeMi ZoooZooo

Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...

The Frontiers Of Growth : How to Govern the Bretton Woods Institutions Better

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Bitcoin ‘halving’ cuts supply of new tokens in threat to miners

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

Philippines wants US, Japan to take over rail deal eyed by China

The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.

World Bank wins US$11b in pledges to boost lending for climate, global crises

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

IMF concerned about debt, fiscal challenges facing low-income countries

The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

Ringgit likely to trade around 4.78 versus greenback next week

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

The Week Ahead: Eyes on March inflation, US 1Q GDP and tech earnings

Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's (Fed) latest survey of US central bank contacts, with geopolitical troubles and the 2024 US presidential election also mentioned as "a potentially significant source of shocks".

Fed survey cites inflation, US election as key financial stability risks

Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.

Former IGP Tun Hanif Omar passes away

The Nasdaq and the S&P 500 closed sharply lower on Friday and Treasury yields dipped as investors juggled lacklustre earnings, uncertainties surrounding central bank policy and geopolitical strife.

Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents

KUALA LUMPUR (April 19): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:

Shares of Sapura Energy Bhd have been suspended from trading, pending a material announcement. The suspension took effect from 2.30pm onwa...

Sapura Energy, PIE Industrial, LSH Capital, YX, Westports, Yinson, Sime Darby Property, MISC, Meta Bright, EG Industries, Hextar, Uzma, Nova MSC and Iconic Worldwide

Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.

The long-awaited Energy Exchange Malaysia (Enegem) has finally been introduced, along with guidelines on cross-border electricity sales announced by the Ministry of Energy Transition and Water Transformation (Petra) last Monday for exports of green electricity from Malaysia to Singapore and Thailand.

Enegem: Malaysia edges closer to RE exports

All travellers entering or leaving Singapore carrying Physical Currency and Bearer Negotiable Instruments (CBNI) that are valued more than S$20,000 or its equivalent in a foreign currency, must submit the necessary declarations electronically with effect from May 13.

Travellers to and from Singapore carrying over S$20,000 must submit online declaration from May 13

Prime Minister Datuk Seri Anwar Ibrahim arrived in Kota Kinabalu on Friday night for a one-day working visit to the state.

Anwar's plane landed at Terminal Two, Kota Kinabalu International Airport at 11.40pm, where he was greeted by Chief Minister Datuk Seri Hajiji Noor.

Anwar arrives in Kota Kinabalu for one-day visit

KUALA LUMPUR (April 19): Ten individuals suspected of being involved in the case related to an&nbsp;Israeli man who was charged with possessing bullets and trafficking&nbsp;guns, were rearrested under the Security Offences (Special Measures) Act 2012 (Sosma).

Israeli man’s case: 10 individuals rearrested under Sosma

The Nasdaq and the S&amp;P 500 ended lower on Friday as Netflix shares weighed, but American Express (AmEx) kept the Dow afloat after quarterly earnings from both companies, while growing pessimism that the Federal Reserve (Fed) would cut interest rates soon also dented sentiment.

Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow

Israel's apparent strike on Iran after days of vacillation was small and appeared calibrated to dial back risks of a major war, even if the sheer fact it happened at all shattered a taboo of direct attacks that Tehran broke days earlier.

Prime Minister Benjamin Netanyahu's war cabinet had initially approved plans for a strike on Monday night inside Iranian territory to respond forcefully to last Saturday's missile and drones from Iran, but held back at the last-minute, three sources with knowledge of the situation said.

Israel's Iran attack carefully calibrated after internal splits, US pressure

CIMB Thai Bank PCL’s net profit for the first quarter ended March 31, 2024 (1QFY2024) dropped 24.6% year-on-year to 626.1 million baht from 830.1 million baht, as it reported lower operating income and higher expenses. &nbsp;

The group recorded an 8.4% drop in operating income and an 11.8% increase in operating expenses. The effects of these were partially offset by a 36.9% decline in expected credit loss, according to CIMB Thai president and chief executive officer Paul Wong Chee Kin in a statement. CIMB Group Holdings Bhd has a 94.83% interest in CIMB Thai.

CIMB Thai's 1Q earnings drop 24.6% as operating income falls while opex climbs

Attention this week will be on the March inflation rate, with the Department of Statistics Malaysia (DOSM) slated to put out Consumer Price Index (CPI) — the key gauge for inflation — data on Thursday.

Inflation edged up by a higher-than-expected 1.8% i...

Parties in the Unity Government have their methods to ensure a win in the Kuala Kubu Baharu by-election next month, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Ahmad Zahid, who is also Barisan Nasional (BN) chairman, said this was discussed at the Unity Government secretariat meeting on Wednesday.

Unity Govt parties have ways to ensure victory in Kuala Kubu Baharu polls — Ahmad Zahid

The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday.

IMF urges Bank of Japan to tread cautiously in raising interest rates

A Philippine freight railway project may be built with the support of the US and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.

(April 19):&nbsp;Oyo Hotels is in talks to raise up to US$450 million via dollar bonds, a person familiar with the matter said, as the once-high-flying Indian startup seeks to replace an existing high-cost loan amid delays in its stock-market debut.

Softbank-backed Oyo eyes US$450 mil bond sale for refinancing

The ringgit is likely to trade in the same range of around 4.78 against the US dollar next week, as the situation in the Middle East will continue to be under scrutiny by investors, said an analyst.

Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's (Fed) latest survey of US central bank contacts, with geopolitical troubles and the 2024 US presidential election also mentioned as "a potentially significant source of shocks".

A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.

Shareholders of the International Monetary Fund (IMF) agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on Friday.

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