Following the success of Astrum Ampang, Setia Awan Land Sdn Bhd will unveil its second transit-oriented development (TOD), Astrum Shah Alam, on Sept 28. Located in Seksyen 14 Shah Alam, Selangor, it will have a gross development value (GDV) of RM550 million.

The 3.47-acre Astrum Shah Al...

Setia Awan to launch Astrum Shah Alam this month

Many people are drawn to owning landed property as it offers more space and a generally better living environment because the density is lower than at high-rise residential projects.

The downside to living in landed property, however, could include noise pollution or traffic that makes ...

Cover Story: Elevating green and sustainable living

KUALA LUMPUR (Sept 20): OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK), is partnering with RHB Bank Bhd (KL:RHBBANK) to launch a new green financing initiative called Green Home Financing, offering preferential mortgage margin of financing for green residential projects with green certification.

OSK Property, RHB launch Green Home Financing

As the third-generation principal of family-owned business, Hong Bee Land Sdn Bhd director Gan Hua Tiong recognises the importance of heritage. The company has come a long way from its humble beginnings in 1933 when it was known as Hong Bee Textiles. Today, the once low-profile property developer...

Cover Story: Hong Bee Land gearing up for more launches

China-based property developer R&F Group hosted an exclusive preview event for its upcoming launch of New Casa Suites, the third phase of its R&F Princess Cove development in Johor Bahru, on Sunday (Sept 8), which attracted more than 300 local and international potential buyers from China, Taiwan and Indonesia.

Exclusive preview of R&F Princess Cove Phase 3 in Johor attracts 300 prospective local and foreign buyers

Since its inception in 2010, CPI Land Sdn Bhd has completed five projects with 1,782 units and RM881 million in gross development value (GDV) across the Klang Valley and Negeri Sembilan. Co-founder and director Chung Shan Tat intends to expand the company’s footprint to other parts of Malaysia ov...

Cover Story: CPI Land spreads its wings, eyes larger-scale projects

To the management corporation (MC) members of Ryan & Miho Residence, clear and effective communication is essential when selecting the property management service provider, especially for a residential project with over 1,000 units. It is vital that the property manager truly understands that breakdowns in communication can lead to misunderstandings that would harm the property’s value in the long run.

Creating a beautiful oasis through effective management

As we stroll through Essex Gardens, the first phase of the Setia Eco Templer township in Rawang, Selangor, it is clear that this is a close-knit community. Management corporation (MC) chairman C K Lee and Laurelcap Property Management Sdn Bhd associate director Ho Hon Chiap often stop during our walk to greet and chat with the residents. There is a sense of ease in their interactions, one that is not easy to come by these days.

Preserving a piece of paradise

Known as a community-centric township with lush green landscapes in Kajang, Selangor, the 338-acre Jade Hills stands as a testament to foresight and meticulous master planning. Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has made it its goal to redefine community living in the region with this development.

Nurturing a thriving community

Property management is more than just maintaining facilities and balancing accounts, it also plays a vital role in cultivating a harmonious community by fostering a strong community spirit. It is especially important when it is a large-scale project with thousands of units, just like Lakefront Homes @ Cyberjaya in Selangor.

Cultivating strong sense of ownership

Meta Platforms Inc is rolling out new artificial intelligence (AI) tools to help advertisers create and edit videos more easily, seeking to reach Facebook and Instagram users who are spending more time watching videos.

Meta launches generative AI video tools for advertisers

KUALA LUMPUR (Oct 9): Malaysian exporters are now keener to convert foreign proceeds amid sustained recovery of the ringgit, said members of Bank Negara Malaysia’s (BNM) Financial Markets Committee.

Malaysian exporters now keener to bring home foreign proceeds, BNM committee observes

KUALA LUMPUR (Oct 9): Press Metal Aluminium Holdings Bhd (KL:PMETAL) Southeast Asia’s largest aluminium smelter by capacity is expected to post double-digit earnings growth in FY2025 stable aluminium prices, as global monetary policies ease and China’s economy recovers, said Hong Leong Investment Bank (HLIB).

Press Metal to see double-digit earnings growth in FY2025 — HLIB

US Federal Reserve (Fed) vice-chair Philip Jefferson said risks to the central bank’s employment and inflation goals are now closer to equal.

“The balance of risks to our two mandates has changed — as risks to inflation have diminished and risks to employment have risen, these risks have been brought roughly into balance,” Jefferson said on Tuesday in prepared remarks for an event at the Davidson College in North Carolina.

Fed vice-chair says risks to inflation, employment now balanced

Citigroup Inc said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New York state wins a lawsuit claiming the company doesn’t do enough to prevent online fraud.

'We are not bad guys': Citi pushes back on New York online fraud suit

Shares of Crest Group Bhd (KL:CREST) rose 13% on their trading debut on Wednesday, after the imaging company raised RM82.11 million from its initial public offering (IPO) on the ACE Market.

Crest Group rises 13% on ACE Market debut after RM82 mil IPO

Shares of Pertama Digital Bhd (KL:PERTAMA) resumed their decline in early trade on Wednesday, to their lowest in more than four years.

Pertama Digital fell as much as 20 sen or 41.2% to 28.5 sen, after hitting a limit down the day prior.

Pertama Digital resumes decline in early trade after limit down day prior

Alimentation Couche-Tard Inc sent Seven & i Holdings Co a new potential acquisition price of ¥7 trillion (US$47.20 billion or RM202.23 billion), people with knowledge of the matter said, showing that the Canadian company is still seeking to enter takeover talks after its initial bid was rejected.

Couche-Tard suggested higher price of US$47b for Seven & I — Bloomberg

A new HBO documentary about the origins of bitcoin suggests that Satoshi Nakamoto, the pseudonymous creator of the original cryptocurrency, is likely Canadian software developer Peter Todd.

HBO documentary suggests bitcoin creator 'Satoshi Nakamoto' is developer Peter Todd

Shares of Ireka Corp Bhd (KL:IREKA) surged to their highest in more than two years on Wednesday, after the construction company announced a RM1.07 billion contract.

Ireka Corp shares surge to over two-year high after RM1b contract win

A brief recap of some business news and corporate announcements that made headlines on Tuesday.

Public Bank, LPI Capital, Ireka, Perdana Petroleum, MClean, Enest, Sunsuria, Media Prima, Seal and Sime Darby

Sime Darby Bhd (KL:SIME) is expanding its electric vehicle (EV) offerings as it is set to bring Denza, a premium sub-brand by BYD, into Malaysia.

Sime Darby's unit Sime Darby Auto Imports Sdn Bhd was appointed as the official importer for the Denza brand, while BYD Malaysia Sdn Bhd is the official distributor for Denza, according to BYD's statement. &nbsp;

Sime Darby partners BYD to bring Denza EVs to Malaysia

The world’s largest technology companies drove stocks higher, with the market rebounding from its worst session in a month. A rout in Treasuries eased as bets on US Federal Reserve (Fed) rate cuts stabilised. Oil sank.

‘Mag Seven’ rally as Nvidia’s winning run hits 14%

Shares of Crest Group Bhd (KL:CREST) rose 13% on their trading debut on Wednesday,&nbsp;after the imaging company raised RM82.11 million from its initial public offering (IPO) on the ACE Market.

Ever since President Xi Jinping sought to&nbsp;draw a line&nbsp;under China’s slowdown last month, investors have clamored for him to back up monetary easing with a powerful fiscal stimulus to help fuel one of the nation’s biggest stock rallies in years.

China markets warn Xi that more stimulus is needed

Equities in Asia were primed for early gains on Wednesday after a tech rally lifted Wall Street and bets on US Federal Reserve (Fed) rate cuts stabilised.&nbsp;

Stock futures for Japan, Australia and Hong Kong all advanced. An index of US-listed Chinese shares fell 6.9% overnight as concerns mounted that the latest burst of stimulus may&nbsp;be insufficient&nbsp;to convince investors of a sustainable rally in the country’s equity market. After surging almost 11% at the open on Tuesday following a week-long holiday, Chinese stocks lost nearly half their gains.

Asian stocks set to rise after tech lifts Wall Street

Lee Wei Ling, the daughter of Singapore’s first prime minister Lee Kuan Yew, passed away at the age of 69.

Wei Ling died at home on Wednesday, according to a Facebook&nbsp;post&nbsp;by her brother Lee Hsien Yang. She was also the sister of former Singapore prime minister Lee Hsien Loong.

Wei Ling, daughter of Singapore's Lee Kuan Yew, dies at 69

A new HBO documentary about the origins of bitcoin suggests that Satoshi Nakamoto, the pseudonymous creator of the original cryptocurrency, is likely Canadian software developer Peter Todd.&nbsp;

Shares of Ireka Corp Bhd (KL:IREKA) surged to their highest in more than two years on Wednesday, after the construction company announced a RM1.07 billion contract.

In a matter of weeks, Budget 2025 will be upon us. Research houses have started rolling out their predictions, anticipating areas of focus that the government will zero in to continue to support and bolster the economy.

A look at the previous four national Budgets

Shares of Pertama Digital Bhd (KL:PERTAMA) resumed their decline in early trade on Wednesday, to their lowest&nbsp;in more than four years.

Pertama Digital fell as much as 20 sen or 41.2% to 28.5 sen, after hitting a limit down the day prior.

Asean micro, small and medium enterprises (MSMEs) should benefit from the US$2 trillion (RM8.55 trillion) expected economic value generated from the Digital Economy Framework Agreement (DEFA) by 2030.

Asean MSMEs should benefit from Digital Economy Framework Agreement, says Zafrul

The US Federal Aviation Administration (FAA) warned operators of certain Boeing Co 737 aircraft that the rudder system could possibly jam due to a faulty part, a week after a safety official rebuked the agency for not acting sooner to address the issue.

FAA issues safety alert on Boeing 737 rudder issue after NTSB rebuke

Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa said she held discussions with the mayor of Hangzhou (China) Yao Gaoyuan on Tuesday to strengthen "twin cities" cooperation between Kuala Lumpur and Hangzhou.

Zaliha in talks with mayor for KL-Hangzhou smart co-operation as twin cities

Prime Minister Datuk Seri Anwar Ibrahim has arrived in the Laotian capital here to attend the 44th and 45th Asean Summits and Related Summits.

His aircraft landed at Wattay International Airport at 8.37pm local time (9.37pm Malaysian time).

Anwar arrives in Vientiane for Asean Summits and Related Summits

Efforts to strengthen national unity require the synergy of various parties including the people by participating in various programmes implemented by the government through the Ministry of National Unity.

Build unity through stronger synergy between govt and people

Crypto.com filed a lawsuit against the US Securities and Exchange Commission (SEC) after receiving a Wells Notice indicating the regulator’s intention to sue the digital-asset exchange for operating as an unregistered broker-dealer and securities clearing agency.

Crypto.com files suit against SEC after getting Wells Notice

The Enforcement Agency Integrity Commission (EAIC) has seized 156 Social Visit Pass (Medical Treatment Pass category) application files believed to be linked to a medical visa syndicate involving Immigration Department officers.

EAIC seizes 156 files in probe on medical visa syndicate involving immigration officers

Citigroup Inc&nbsp;said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New York state wins a lawsuit claiming the company doesn’t do enough to prevent online fraud.

The Federal Aviation Administration (FAA) on Tuesday said it issued a safety alert to airlines warning of the potential for limited or jammed rudder movement on certain Boeing 737 airplanes.

Rachel Chew

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

Rachel Chew

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌

‌
‌