Johor’s real estate market appears to be on an upward trajectory, prompting developers to launch more projects this financial year, according to industry experts.

Attesting to the optimistic outlook, S P Setia Bhd plans to grow its presence in the southern region with a slew of launches...

S P Setia strengthens presence in Johor, to launch properties with a total GDV of RM618.76 mil this year

Greeted by cold weather upon arriving at the Noi Bai International Airport in Hanoi in early January, we were whisked off to the 191-acre township of ParkCity Hanoi located in the east of the capital city of Vietnam.

Developed by ParkCity Group since 2010, the award-winning township has...

Cover Story: Pioneering master-planned, community-centric township in Hanoi

Upcoming township, GENTING XINTIANDI in Gohtong Jaya, Genting Highlands, which has a gross development value (GDV) of more than RM20 billion and a total of eight phases, will be unveiling its first phase on June 16, 2023. The township is jointly-developed by Genting Malaysia Bhd (GenM) and Aset Kayamas.

GENTING XINTIANDI Phase 1 targeted to launch mid-June, sales gallery unveiled on May 25

S P Setia Bhd announces the appointment of Datuk Zaini Yusoff as its new chief operating officer (COO), effective July 1, 2023.

He is currently the executive vice-president, a position he has held since July 1, 2020. Zaini will report to chief executive officer Datuk Choong Kai Wai, and be responsible for strengthening the company's operating model to support growth through transformation.

S P Setia announces Zaini Yusoff as new COO

It had been a while since I last visited Jalan Sin Chew Kee in Bukit Bintang, Kuala Lumpur, and I was pleasantly surprised by its high level of activity one sunny weekend.

The commercial area has been expanded to two lanes, with the second lane offering the most Instagrammable cafés suc...

Streetscapes: Lively boulevard in Bukit Bintang

KUALA LUMPUR (May 26): Eastern & Oriental Bhd (E&O) on Wednesday (May 26) announced that its township development project, Andaman Island Phase 1 has attained GreenRE Platinum Provisional Certification under the township category. 

GreenRE was formed by Real Estate and Housing Developers Association Malaysia  (Rehda) in 2003 to promote sustainability in the property sector.

E&O’s Andaman Island Phase 1, The Meg and Arica get GreenRE Platinum Provisional Certifications

KUALA LUMPUR (May 25): Sime Darby Property Bhd (SDP) has announced its proposed acquisition of three parcels of freehold land totalling 948.8 acres in Kapar, Klang for RM618 million, which has been approved by shareholders at its extraordinary general meeting (EGM) on Wednesday (May 24).

SDP’s industrial growth strategy bolstered via RM618 mil land acquisition

Rising interest rates and the corresponding change in property values are the major criteria influencing investment decisions in the current market or economic climate, according to CBRE Research’s Intelligent Investment report titled “Analysing the funding gap: A bird’s-eye view of the Asia Paci...

Funding gap in Asia-Pacific stems from rising interest rates and property values, says CBRE

KUALA LUMPUR (May 17): The Master Builders Association Malaysia (MBAM) has commenced its 21st edition of the annual Safety and Health Conference 2023 at Sunway Resort Hotel on Wednesday (May 17). The conference is set to attract 300 participants.

In his welcome speech on Wednesday, MBAM president Oliver HC Wee shared that the theme for this year’s conference is “Embracing the Change – New OSHA (Occupational Safety and Health Act)”.

MBAM to highlight safe and healthy work environment in Safety and Health Conference 2023

American-based hyperscale data centre provider Vantage Data Centers announced plans to build the second data centre campus in Cyberjaya with a total investment value of US$3 billion (RM13.32 billion).

Vantage Data Centers to invest US$3b to build data centre in Cyberjaya

Asian stocks were set to track US stock futures higher as strong earnings from some of the biggest beneficiaries of the artificial intelligence boom helped revive the tech trade.

US stock futures advance on AI earnings boost

Oil steadied after a choppy session on Tuesday that saw traders parse conflicting headlines on efforts to end the US-Iran war. West Texas Intermediate traded near US$98 a barrel, while Brent closed below US$109 on Tuesday

Oil steadies as traders weigh conflicting signals on Iran talks

Stocks rose in late hours as SpaceX reported solid earnings fueled by a big jump in its artificial-intelligence business.

Stocks climb in late hours after SpaceX’s earnings

Digital Minister Gobind Singh Deo said highly classified public-sector data is prohibited from being stored in cloud environments, which allow data to be kept and accessed over the internet.

Gobind: Highly classified public-sector data barred from cloud storage

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

SD Guthrie, MISC, Yinson, Gamuda, Zetrix AI, LYC Healthcare, Computer Forms, Bus Cap, South Malaysia Industries 

Prime Minister Datuk Seri Anwar Ibrahim's answers in Parliament on Tuesday had avoided the key issue of alleged enforcement agency collusion with a purported "corporate mafia", said Bersama leader Datuk Seri Rafizi Ramli.

PM avoided core issue of 'corporate mafia' allegations, says Rafizi

China's commerce ministry on Tuesday criticised a US government order banning Chinese AI model DeepSeek from federal agency IT systems, saying it harmed Chinese firms' interests and disregarded understandings reached by the countries' leaders.

China says US' DeepSeek ban disregards Xi-Trump consensus

The Ministry of Housing and Local Government (KPKT) will allocate RM150 million from 2026 to 2030 to repair and upgrade public toilets managed by local authorities (PBTs).

KPKT to allocate RM150m for public toilet upgrades from 2026 to 2030

Wall Street's main indices climbed on Tuesday as healthcare stocks hit a record high and easing oil prices boosted investor sentiment, while markets continued to stabilise following last week's technology-led sell-off.

Wall Street gains as healthcare stocks rally, oil prices fall

Pending sales of existing US homes fell to a record low in September as high mortgage rates continued to weigh on demand.

US pending home sales plunged in September to a record low

Sultan of Selangor Sultan Sharafuddin Idris Shah has warned members of the Selangor royal family against exploiting their royal status to deceive others for personal gain.

Selangor sultan warns royal family against abusing status for personal gain

Gamuda Bhd (KL:GAMUDA) has signed an agreement with the Perak government to develop and operate the Northern Perak Water Supply Scheme, which will transfer up to 1,500 million litres per day (MLD) of raw water from Sungai Perak to Bukit Merah Dam.

Gamuda signs agreement with Perak government for 1,500 million litres per day water supply scheme

Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon (TS Wong) has offloaded another 3.13 million shares, bringing his stake down to 1.85%.&nbsp; 
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Zetrix AI MD TS Wong's stake down to 1.85% 

South Malaysia Industries Bhd (KL:SMI) has succeeded in its bid to remove six directors nominated by a substantial shareholder after the High Court quashed the Securities Commission Malaysia’s (SC) approval of their appointment.&nbsp;

South Malaysia Industries wins court battle to remove 6 directors picked by major shareholder and approved by SC

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:&nbsp; 
&nbsp;

Iskandar Malaysia is now focusing on high-value investments and strengthening the regional economic ecosystem after recording total investments of RM525.26 billion since its establishment 20 years ago. 
&nbsp;

Iskandar Malaysia records RM525.26 bil in investments, shifts towards high-value growth

Civil service pensions manager Retirement Fund (Incorporated) (KWAP) has sold 11.4 million shares in CTOS Digital Bhd (KL:CTOS) amid a small rebound in the credit reporting agency's share price.

KWAP sells RM4.1 mil worth of CTOS Digital shares 

Property developer Magna Prima Bhd (KL:MAGNA) proposes to change its name to Hallson Group Bhd, subject to shareholders’ approval.

Magna Prima proposes name change to Hallson Group

Hilton Worldwide plans to transfer its stock listing from the NYSE to Nasdaq, the hotel operator said on Tuesday, as companies increasingly view the tech-heavy exchange as a way to boost visibility among growth-focused investors.

Hilton to move stock listing to Nasdaq

Net profit growth at China's CATL slowed sharply in the third quarter, hit by fierce competition in the electric vehicle battery market as China's auto sales growth cooled.

China's CATL 3Q profit growth slowest in nearly two years as competition intensifies

Prime Minister Datuk Seri Anwar Ibrahim's answers in Parliament on Tuesday had avoided the key issue of alleged enforcement agency collusion with a purported "corporate mafia", said Bersama leader Datuk Seri Rafizi Ramli.

LYC Healthcare Bhd (KL:LYC) has managed to delay its delisting from the ACE Market pending an appeal with Bursa Malaysia Securities Bhd.&nbsp;

LYC Healthcare delisting deferred pending Bursa appeal 

New US residential construction declined in September to a four-month low and building permits for single-family homes slid, highlighting a struggling housing market. 
&nbsp;

US housing starts fall to one of the worst paces since pandemic

ACE Market-bound RedPlanet Bhd saw higher contributions from its main information communications technology (ICT) segment as the group posted a 22.1% increase in net profit to RM6.33 million for the financial year ended June 30, 2026 (FY2026).

ACE Market-bound RedPlanet’s FY2026 net profit rises 22%

Wall Street's main indices climbed on Tuesday as healthcare stocks hit a record high and easing oil prices boosted investor sentiment, while markets continued to stabilise following last week's technology-led sell-off.

KUALA LUMPUR (Oct 20): Parti Keadilan Rakyat (PKR) has denied any involvement in the Registrar of Societies’ (RoS) decision to cancel the registration of Perikatan Nasional (PN) Tuesday.

PKR secretary general Datuk Dr Fuziah Salleh described as defamatory the allegation by Parti Pejuang...

Fuziah slams Mukhriz, demands apology over alleged plan to deregister Perikatan 

General Electric Co raised its full-year outlook amid strong aircraft engine demand, in a sign that air travel has yet to retreat despite resurgent jet fuel prices.&nbsp;&nbsp;Adjusted earnings will be US$8 to US$8.10 a share this year, up from a prior range of US$7.65 to US$7.85, the company said as it reported third-quarter earnings on Tuesday.&nbsp;

GE lifts outlook as air travel boom shrugs off fuel costs

Computer Forms (Malaysia) Bhd (KL:CFM) said it has applied for leave to commence judicial review proceedings against Bursa Malaysia Securities' decision to publicly reprimand the company for breaches of listing requirements involving its failed electric vehicle (EV) joint venture.

Computer Forms seeks leave to initiate judicial review over Bursa public reprimand, fine

Qualcomm will cut jobs globally in a "performance-focused reduction" following its annual employee reviews, chief executive officer Cristiano Amon told staff in a memo on Monday reviewed by Reuters, with notifications set to begin in November.

Qualcomm to cut jobs worldwide in performance-focused lay-offs, internal memo shows

Digital Minister Gobind Singh Deo said highly classified public-sector data is prohibited from being stored in cloud environments, which allow data to be kept and accessed over the internet.

Hannah Rafee

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