Driving along Jalan Maarof in Bangsar, Kuala Lumpur, or around SS2 in Petaling Jaya, it is hard to miss the many houses now converted into shops offering everything from bridal galleries and hair salons to legal, accounting, aesthetic and audio installation services.

These residential p...

Quiet boom of limited commercial property

The Klang Valley’s urban sprawl has spurred development in areas once seen as undesirable for living or doing business. Among them were Putrajaya, Cyberjaya and southern Puchong — now thriving hubs in the southern corridor of Greater Kuala Lumpur. Over time, they have expanded and merged into a g...

Cover Story: Rise of Greater KL’s southern corridor

Oriental Interest Bhd's (KL:OIB) residential brand Myra unveiled the first phase of Halaman collection in its RM1 billion Myra Tenuman master-planned development at the Myra Tenuman sales gallery in Alam Impian, Shah Alam on Wednesday.

Oriental Interest unveils landed homes at RM1 bil Myra Tenuman; teams up with RHB Bank for loan package

Sabah’s residential property market ended last year in a strong position and this steady growth is expected to continue.

“The Sabah residential property market ended 2024 with a strong performance driven by an exceptional fourth quarter performance,” says Rahim & Co regional manager...

The Edge Malaysia | Rahim & Co Kota Kinabalu Housing Property Monitor 4Q2024: 2024 ended strongly, steady growth to continue

Running a business takes on a whole new dimension when you are undertaking it with your siblings. That is the dynamic at SPB Development Bhd, which is led by CEO Datuk Jacky Yap, chief financial officer Datuk Sean Yap and chief operating officer Yap Lih Shyan. At an interview with City & ...

Cover Story: SPB Development grows its property business

Experience-driven spending as opposed to product-centric consumption is expected to drive the global lodging industry, placing itself at the centre of the growing “experience economy”, according to JLL’s Global Hotel Investment Outlook 2025 report. It highlights three themes to look out for in 20...

New experiences, changing demographics and AI to influence hospitality industry

Meeting Datuk Tony Ling, the newly appointed CEO of IJM Land Bhd, is like catching up with an old friend. Greeting us with a warm smile and firm handshake, he exudes a calm confidence from his years in the industry.

Having only taken the helm of the property arm of IJM Corp Bhd (KL:IJM)...

Cover Story: Revitalising Pantai Sentral Park

The new office of MaMing Group of Companies at PJX HM Shah Tower in Petaling Jaya, Selangor, takes up 6,760 sq ft — considerably larger than its previous 1,173 sq ft space in that tower. Its director Lee Yan Yaw says the move is in anticipation of a very busy year for the group with the planned r...

Cover Story: MaMing launching six projects this year

The Australian government has announced a two-year ban on foreigners buying homes on the secondary market, starting this April until March 31, 2027. The ban, part of efforts to tackle surging house prices, is expected to free up around 1,800 homes per year for local buyers. Overseas investors wil...

Minimal impact from Australia’s ban on foreigners buying homes

The property market’s industrial and residential subsectors will be the top two performers for 2025 barring any unforeseen circumstances, according to Henry Butcher Malaysia during the launch of its HB Perspective: Malaysia Property Outlook 2025 report on Jan 22.

The consultancy’s chief...

Henry Butcher: Industrial and residential subsectors to perform well in 2025

Spritzer Bhd (KL:SPRITZER) said it will spend between RM90 million and RM100 million in 2025 to upgrade and expand its production.

Spritzer to spend up to RM100m in 2025 to upgrade, expand production

US President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the US assets of short video app TikTok by 90 days despite a law that had mandated a sale or a shutdown absent significant progress, the White House said on Tuesday.

Trump will extend TikTok sale deadline for third time, White House says

Ukrainian President Volodymyr Zelenskiy will leave the Group of Seven summit on Tuesday with new aid from host Canada for its war against invader Russia but without a joint statement of support from members or a chance to meet with US President Donald Trump.

The G7 wealthy nations struggled to find unity over the conflict in Ukraine after Trump expressed support for Russian President Vladimir Putin and left a day early to address the Israel-Iran conflict from Washington.

G7 abandons joint Ukraine statement as Zelenskiy says diplomacy in crisis

The S&P 500 declined on Tuesday as fears over a potential US involvement in the conflict between Israel and Iran caused traders to take risk off the table.

The S&P 500 Index closed down 0.8% in New York, while the tech-heavy Nasdaq 100 Index lost 1%.

S&P 500 falls with geopolitics in focus amid Israel-Iran jitters

Rollout of generative AI and agents will reduce Amazon's total corporate workforce in the next few years, Andy Jassy, the CEO of the online retailer, said in a note to employees on Tuesday.

Amazon's corporate workforce may shrink as AI takes over routine tasks

US retail sales dropped more than expected in May, weighed down by a decline in motor vehicle purchases as a rush to beat potential tariff-related price hikes ebbed, but consumer spending remains supported by solid wage growth for now.

Weak US retail sales, manufacturing output point to softening economy

Here is a brief recap of Tuesday’s top local business news and corporate announcements.

Apollo, UWC, Jaycorp, Chin Hin, KPJ Healthcare, Malaysia Marine and Heavy Engineering, Yinson

South Malaysia Industries Bhd (KL:SMI) on Tuesday said it has rejected a proposal to nominate Teh Chee Hoe and three others as directors at its upcoming annual general meeting, citing violations of corporate and securities regulations.

SMI rejects board nominations ahead of AGM over regulatory concerns

Top officials from central banks and finance ministries were forced to call a timeout at a meeting of the world’s most powerful financial watchdog last week, amid clashes over the US stance on climate change.

US draws ire of France, Canada at meeting of finance regulators

Wall Street's main indexes slipped on Tuesday as the Israel-Iran conflict entered its fifth day, denting global investor confidence ahead of the Federal Reserve's upcoming monetary policy decision.

Wall Street slips as Middle East conflict escalates

Here is a brief recap of Tuesday’s top local business news and corporate announcements.

Spritzer Bhd (KL:SPRITZER) said it will spend between RM90 million and RM100 million in 2025 to upgrade and expand its production.

Chinese companies were flying suitcases of hard drives to Malaysia to train their artificial intelligence (AI) models at data centres equipped with advanced Nvidia chips, The Wall Street Journal reported.

Chinese firms training AI models in Malaysia at Nvidia-powered data centres, WSJ reports

Investors will demand a higher risk premium&nbsp;for PPB Group Bhd (KL:PPB) after associate and main profit contributor Wilmar International Ltd was charged by Indonesia's Attorney General Office (AGO), according to Kenanga Research.

PPB faces higher risk premium after Wilmar's US$729m deposit in Indonesia case

The S&amp;P 500 declined on Tuesday as fears over a potential US involvement in the conflict between Israel and Iran caused traders to take risk off the table.

The S&amp;P 500 Index closed down&nbsp;0.8%&nbsp;in New York, while the tech-heavy Nasdaq 100 Index lost&nbsp;1%.

South Malaysia Industries Bhd (KL:SMI) on Tuesday said it has rejected a proposal to nominate Teh Chee Hoe and three others as directors at its upcoming annual general meeting, citing violations of corporate and securities regulations.

US President Donald Trump met with his national security team in Washington for more than an hour on Tuesday to discuss the escalating Middle East conflict, according to people familiar with the matter, fuelling fresh speculation that the US is on the verge of joining Israel’s attack on Iran.&nbsp;

Trump weighs Iran options as Israel ratchets up air strikes

US Federal Reserve (Fed) officials are widely expected to leave interest rates unchanged for a fourth straight meeting on Wednesday, reiterating they want more clarity on the economic impact of a&nbsp;wide array&nbsp;of government policy changes before adjusting borrowing costs. &nbsp;

Fed expected to hold rates steady again as officials wait for more clarity on economy

US President Donald Trump is extending for a third time the deadline for Chinese company ByteDance Ltd&nbsp;to divest the American operations of TikTok, allowing the social media app to keep running in the US while negotiations proceed.

Trump again pushes TikTok sale deadline with 90-day extension

Ukrainian President Volodymyr Zelenskiy will leave the Group of Seven summit on Tuesday with new aid from host Canada for its war against invader Russia but without a&nbsp;joint&nbsp;statement of support from members or a chance to meet with US&nbsp;President Donald Trump.

The&nbsp;G7&nbsp;wealthy nations struggled to find unity over the conflict in&nbsp;Ukraine&nbsp;after Trump expressed support for Russian President Vladimir Putin and left a day early to address the Israel-Iran conflict from Washington.

Rollout of generative AI and agents will reduce Amazon's total corporate workforce in the next few years, Andy Jassy, the CEO of the online retailer, said in a note to employees on Tuesday.

Malaysia remains committed to expanding strategic ties with international partners, including Russia, in areas that can yield mutual benefit and contribute to sustainable development.

Malaysia committed to expanding strategic ties with Russia, focus on renewable energy, says Fadillah

Top officials from central banks and finance ministries were forced to call a timeout at a meeting of the world’s most powerful financial watchdog last week, amid clashes over the US stance on climate change.

US retail sales dropped more than expected in May, weighed down by a decline in motor vehicle purchases as a rush to beat potential tariff-related price hikes ebbed, but consumer spending remains supported by solid wage growth for now.

The top US bank regulators plan to reduce a key capital buffer by up to 1.5 percentage points for the biggest lenders after concerns that it constrained their trading in the US$29 trillion (RM123.22 trillion) Treasuries market.&nbsp;

US planning to ease capital rule limiting banks’ Treasury trades, Bloomberg reports

The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9.40am shiptracking data appeared to show the massive vessel in Russia, in fields better known for barley and sugar beets.

Oil tankers near Iran appear to be in rural Russia as signals jammed

The US Senate passed stablecoin legislation setting up regulatory rules for cryptocurrencies pegged to the dollar, in a landmark win for the ascendant crypto industry and President Donald Trump.

US Senate passes stablecoin legislation in win for crypto, Trump

The UK is looking to restrict the number of visas it gives to countries which refuse to sign returns agreements with Britain, Prime Minister Keir Starmer said, as his government pursues more assertive measures to reduce levels of net migration.

Wong King Wai

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