Budget 2025, which will be tabled in parliament on Oct 18, will be closely monitored as the cost of living continues to rise. We asked the captains of the property industry what they hope to see in the upcoming budget, and many of them wished that the government would provide tax and housing ince...

Budget 2025 wish list: Financial support for first-time homebuyers and incentives to bolster housing market

Malaysia’s thriving building and construction industry is central to the country’s economic development and plays a pivotal role in nation building. In conjunction with Malaysia Day, we asked some of the country’s top property developers as well as key real estate associations to share their thou...

Cover Story: Building an inclusive and united nation

The Edge Malaysia Best Managed & Sustainable Property Awards 2024 - Judges’ comments

Judges’ comments

The real estate industry is known to consume high amounts of energy and, as such, is increasing its focus on building sustainably. The use of technology is seen to be providing solutions to accelerate the industry’s growth in being more sustainable, while at the same time improving on efficiency and profitability.

Creating a win-win situation for businesses and environment

In the final instalment of a two-part series, we continue to hear from some of the nation’s next-generation architects on how their work can play an important role 
in shaping the future of the built environment, their hopes for the industry and their design thought process. They each...

Shaping meaningful spaces with empathy and good conscience

The country is going through a rough time as its economy recovers after the pandemic, in an environment where the cost of living is rising. However, Malaysians are known to be a hardy lot who roll with the punches.

The same can be said of the local property market. While now may be a ch...

Local Consultants’ Poll: Headwinds buffeting economic growth prompt cautious approach to property market

Architects play a pivotal role in shaping our built environment. More than just creating iconic designs, they craft spaces that can have a lasting impact for generations to come. In the first of a two-part series, City & Country features some of the nation’s next-generation architects who hav...

Cover Story:  Designing sustainable, sensitive spaces

Rising mortgage rates, high inflation, geopolitical issues and low consumer and business sentiment are but a few factors impacting property markets worldwide. Despite the global and local challenges faced, the markets are looking to the prospect of recovery next year, with opportunities seen espe...

International consultants’ poll: Property markets impacted by weak sentiment, look to 2024 for recovery

With sustainability growing in importance today, the preservation of biodiversity has gained attention as human activity — especially property development and construction — alters landscapes and ecological processes on a larger scale. There is an urgent need for improved management and conservat...

Cover Story: Preserving biodiversity

The failure to carry out constant upkeep of buildings may result in the buildings developing a bad reputation, eventually leading to a decline in their appeal and value.

Building refurbishment rejuvenates and creates value

Money manager Mario Gabelli is asking a judge to make the film and TV company Paramount Global hand over files about its merger with Skydance Media so investors can tell what controlling stockholder Shari Redstone is getting in the deal and whether it’s fair.

Gabelli pushes Paramount for files in fight over Skydance deal

Carzo Holdings Bhd, a fruit supplier listed on the LEAP Market, said its wholly-owned subsidiary Carzo Import (M) Sdn Bhd and its director have been sued by a China-based supplier over an outstanding payment of US$117,470.50 for fruits supplied to Carzo Import.

Fruit supplier Carzo sued by China-based supplier over unsettled debt

Global air cargo markets saw robust growth in demand in November 2024, with cargo tonne-kilometres surging by 8.2% compared to a year earlier, according to the International Air Transport Association (IATA).

This marked the 16th consecutive month of growth, it said in a statement on Thursday.

Global air cargo and passenger demand up by over 8% in November — IATA

New York's top court rejected on Thursday US President-elect Donald Trump's request to halt his sentencing for his conviction on criminal charges stemming from hush money paid to a porn star, court papers showed.

New York's top court denies Trump's bid to halt sentencing

India’s Tata Consultancy Services Ltd (TCS) reported earnings that missed analysts’ estimates, signalling overseas clients are still cautious in betting big on information technology (IT) projects.

Tata Consultancy Services misses estimates in sign IT spending yet to pick up

Senior political secretary to the Prime Minister Datuk Seri Shamsul Iskandar Mohd Akin has urged all parties to stop politicising the issue of an additional document regarding Datuk Seri Najib Razak’s purported house arrest.

Shamsul Iskandar urges all parties not to politicise issue of additional document

UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the US Department of Justice over customers in the US who evaded tax, the Wall Street Journal reported on Thursday.

UBS nears settlement over Credit Suisse tax evasion case — report

Health Minister Datuk Seri Dr Dzulkefly Ahmad on Thursday stressed the need for the government to invest more in preventive measures and focus on social determinants of health (SDH) to create a healthier population in Malaysia.

Govt need to invest more in preventive measures, social determinants of health — Dzulkefly

EVENING 5: Public Bank’s MGO for LPI Capital falls short of 50% acceptance level

EVENING 5: Five things you need to know today

Malaysian construction stocks extended their decline on Thursday, amid wider market selldown sparked by worries of escalation in global trade tensions.

The retreat followed strong rallies of builders last year, which continued into the first week of 2025. “After having a good run, a healthy correction is expected, and any noise will trigger a pullback,” said Danny Wong, who manages assets worth over RM5 billion as the chief executive officer of Areca Capital.

Malaysian construction stocks extend decline on data centre concerns

Tenaga Nasional Bhd (TNB) (KL:TENAGA), Malaysia's largest utility company, views data centres as highly attractive customers for its infrastructure projects, offering excellent returns on investment (ROI).

TNB: Data centres 'best customers' for infrastructure investment

Malaysia’s stock market will have little upside ahead following strong run-up even as economic growth remains intact, HSBC flagged on Thursday.

Valuations are not as appealing, especially when compared to elsewhere in Asean, HSBC said in a note.

Malaysia stocks have little upside ahead after recent rally, says HSBC

Public Bank Bhd's (KL:PBBANK) conditional mandatory takeover offer for the remaining shares of insurer LPI Capital Bhd (KL:LPI) that it does not own has lapsed, as it did not secure sufficient acceptances by the close of the offer on Thursday.

Public Bank's MGO for LPI Capital closes without fulfilling 50% acceptance level

Former Federal Land Development Authority (Felda) chairman Tan Sri Shahrir Samad has filed an application to disqualify the law firm of Messrs Lee Hishammuddin Allen &amp; Gledhill (LHAG) from representing Felda and its subsidiary Felda Investment Corporation Sdn Bhd (FIC) in its RM2 billion suit against him and 28 others, in relation to the KL Vertical City (KLVC) project.

Shahrir wants law firm representing Felda and FIC to be disqualified; trial postponed

Here is a brief recap of some corporate announcements that made the news on Thursday.

Public Bank, LPI Capital, Dialog, Yinson, T7 Global, Hibiscus Petroleum, NPC Resources, MPHB Capital, Pos Malaysia, SMI

MPHB Capital Bhd (KL:MPHBCAP), which is involved in the credit services and property businesses, said that its shares will be suspended, effective from Jan 22, to facilitate the company’s selective capital reduction before it is taken private.

MPHB Capital shares to be suspended from Jan 22 until delisting

Billionaire Elon Musk has held private discussions with allies about removing British Prime Minister Keir Starmer from his position before the next general election, the Financial Times reported on Thursday.

Musk discussed ways to oust British PM Starmer before next election — report

Former prime minister Datuk Seri Najib Razak has denied that his defence team's recent challenge of the charges against him was a last-minute attempt to mount a technical challenge, in the face of overwhelming evidence, to have the charges dismissed.

1MDB-Tanore: Najib denies making last-ditch attempt to dismiss his case on a technicality in face of overwhelming evidence against him

A summary of how key Bursa Malaysia indices and the ringgit performed on Thursday.&nbsp;

FBM KLCI down 0.87% to 1,600.81 on Jan 9, 2025

The alleged meeting with Saudi Arabia's then-ruler, King Abdullah, at which purported donations were allegedly promised to then-prime minister Datuk Seri Najib Razak, were never mentioned in the "donation" letter, the High Court heard on Thursday.

1MDB-Tanore: Letter doesn't refer to meeting at which purported donations were 'promised'

Technology company Green Packet Bhd (KL:GPACKET) said its wholly owned Packet Interactive Sdn Bhd (PISB) has obtained a digital lending licence from the Ministry of Housing and Local Government.

Green Packet secures digital lending licence from Housing and Local Govt Ministry

Dialog Group Bhd (KL:DIALOG) announced on Thursday that it has secured the final investment decision (FID) for the field development and abandonment plan under the Baram Junior Cluster Small Field Asset Production Sharing Contract (PSC), amounting to US$235 million (RM1.02 billion).

Dialog secures US$235m final investment decision for Baram Junior Cluster Small Field Asset PSC

Indonesia's upstream oil and gas regulator SKK Migas said on Thursday that Malaysia's Petronas has reached a final investment decision for its Hidayah field project in East Java province.

Petronas has reached investment decision on Indonesia’s Hidayah field, regulator says 

The implementation of diesel subsidy rationalisation is expected to provide annual savings of between RM7.2 billion and RM7.5 billion, up from the RM4 billion in savings projected last year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Targeted diesel subsidy to generate govt savings of up to RM7.5b per year — Amir Hamzah

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Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence (AI) encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence (BI).&nbsp;

Wall Street may lose up to 200,000 jobs as AI takes over their roles

As tensions between the US and China escalate, experts are urging Malaysia and other Asean nations to explore new trade partnerships.

Elina Noor, senior fellow of Carnegie Endowment for International Peace's Asia Programme, said there is a need for Asean to diversify its collaborations, citing the growing concerns of the Global South.

Malaysia urged to diversify trade partners as US-China tension escalates

The government will lease more rolling stock for the Padang Besar to Johor Bahru train services to boost rail capacity to 50% by 2030, said Economy Minister Rafizi Ramli.

He said the government is committed to that move to support transportation needs to the Johor-Singapore Special Economic Zone (JS-SEZ).

Govt to lease more rolling stock to boost Perlis-JB rail capacity to 50% — Rafizi

Two Umno leaders were sworn in as senators before Dewan Negara President Datuk Awang Bemee Awang Ali Basah on Thursday.

They were Wanita Umno secretary Datuk Rosni Sohar, and Ipoh Barat Umno division chief Datuk Shamsuddin Abd Ghaffar.

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