Stepping into the newly relocated office of Ancubic Group of Companies in Pantai Dalam, Kuala Lumpur, one cannot help but notice the exciting atmosphere. Amid the dust that lingers in the air (it was the company’s second day in the new premises), the office exudes a sense of brightness and freshn...

Cover Story: Diversifying to thrive

Since its inaugural edition in 2003, the The Edge Malaysia Property Excellence Awards (TEPEA) has evolved in tandem with the changing trends in the property industry. As sustainable practices have become one of the key benchmarks of the awards, GSPARX Sdn Bhd finds its values align well ...

Aligning with sustainability objectives

In the Nov 27 issue of City & Country, we report on Lendlease Malaysia’s newly appointed managing director Yong Su-Lin and chairman Dinesh Nambiar, and their partnership to move the company forward.

Combining talent and experience

When the popular Jalan Batai wantan mee stall run by the Chan sisters moved to Taman Sri Hartamas at end-2013, there was no question about this writer’s visiting their new location, Restoran Jie Mee in Jalan Sri Hartamas 8. Apart from their springy wantan mee, Jie Mee’s luscious curry laksa is al...

Streetscapes: Taman Sri Hartamas shops see steady rise in property values

As electric vehicle (EV) sales in Asia-Pacific have seen exponential growth in the past two years, accounting for nearly two-thirds of global auto sales, international real estate consultancy firm CBRE says commercial real estate owners should enhance their assets with EV charging installations i...

CBRE: Asset owners should prepare for soaring EV charging facility demand

TA Global Bhd will soft-launch its latest high-rise serviced apartment development named Amaya Residences in Bandar Sri Damansara, Selangor, this month. The development will be located on top of the upcoming DA Central Mall.

Both the serviced apartments and the mall will be part of the ...

Cover Story: TA Global to soft-launch latest developments at Damansara Avenue this month

EH Property Management Sdn Bhd, the property arm of Eng Han Group, has started selling its latest condominium development called Tangen Residences in North Kiara, Kuala Lumpur. The low-density boutique project has a gross development value (GDV) of RM350 million.

Sitting on a 2.8-acre f...

EH Property’s Tangen Residences opens for sale

The industrialised building system (IBS) has become a buzzword lately, thanks to the clarion call to find an alternative to foreign labour, the shortage of which was exacerbated by the pandemic.

Before the virus struck, construction and property development solutions provider MGB Bhd, a...

Cover Story: MGB establishes its IBS goals

Ancubic Group is unveiling its first industrial park development in Penang, called A-Park Batu Kawan. It is located a few kilometres east of the Batu Kawan Industrial Park, neighbouring the government-initiated workers’ quarters and the North-South Expressway’s Sungai Bakap R&R station with restaurants and food stalls.

Diversifying to thrive

Located in the older part of Kuala Lumpur city centre, Jalan Kamunting is quite a crowd-puller for its restaurant and cafe offerings. Outside of Restoran Yut Kee’s premises, stools are provided for customers waiting for seats. The queue starts early in the morning on weekends. Meanwhile, over at ...

Streetscapes: A mix of old and new in Jalan Kamunting

Chin Hin Group Property Bhd is looking to launch its latest project, the RM517 million Avantro Residences @ Bandar Kinrara, by mid-month. According to group managing director Chiau Haw Choon, the 3.43-acre freehold mixed-use development will have 842 serviced apartments in two blocks, sitting on ...

Avantro Residences @ Bandar Kinrara to launch this month

TA Global Bhd will soft launch its latest high-rise serviced apartment development named Amaya Residences in the 48-acre (19.42-hectare) Damansara Avenue, Bandar Sri Damansara this month. The development will be located on top of the upcoming DA Central Mall.

Full steam ahead for TA Global

Think City Sdn Bhd’s objective of providing solutions to urban issues has borne much fruit since it was founded in 2009 by managing director Hamdan Abdul Majeed. In an email interview with City & Country, he shares what the company has done and the wins it has achieved as well as its...

Continuing the work to make cities better

Two glossy towers and an aesthetically designed park, the first stage of Melbourne Square also known as MSQ, complement the picturesque neighbourhood of Kavanagh Street in the Southbank precinct of Melbourne in Victoria, Australia. Flanked by high-end residential towers on either side of the stre...

OSK Property to unveil Melbourne Square’s BLVD in Malaysia

New Zealand’s central bank kept interest rates unchanged for a fourth straight meeting, but signalled there’s an increased risk it could hike again next year. The local dollar jumped.

New Zealand keeps rates unchanged, forecasts risk of hike

KUALA LUMPUR (Nov 29): Kepong Member of Parliament (MP) Lim Lip Eng has been granted a stay of execution over the RM2 million judgement in a defamation suit brought against him by MonSpace (M) Sdn Bhd and its founder Datuk Seri Jessy Lai.

Kepong MP gets stay on RM2 mil libel award in MonSpace defamation suit until disposal of appeal

Japanese mobile operator NTT Docomo Inc has joined a consortium led by Mitsui & Co in the bidding for a majority stake in the tower unit of Malaysia’s biggest wireless firm Axiata Group Bhd, according to people with knowledge of the matter.

Japan’s NTT Docomo joins Mitsui-led group in Edotco bidding, sources say

KUALA LUMPUR (Nov 29): The Malaysian corporate sector sustained its recovery momentum in 2023, a continuity from 2022, driven by a number of initiatives and efforts by the government to boost the economy.

Corporate sector on solid recovery in 2023, M&A gains momentum

DAP veteran Tan Sri Lim Kit Siang, the party's national chairman Lim Guan Eng, and Seputeh Member of Parliament Teresa Kok have filed separate defamation suits against Kepala Batas MP Dr Siti Mastura Muhammad in the Georgetown High Court.

Three DAP leaders file defamation suits against Kepala Batas MP

Options in GameStop Corp are seeing wild volumes, as traders bet that the stock will rally 50% in little over a week.

Traders bet GameStop will jump 50% within two weeks

KUALA LUMPUR (Nov 29): Analysts are upbeat on Wasco Bhd’s outlook after the pipe-coating solutions provider’s results for the third quarter ended Sept 30, 2023 (3QFY2023) came in within expectations.

Analysts upbeat on Wasco’s outlook after 3Q earnings meet expectations

Analysts have upgraded their ratings on Farm Fresh Bhd (FFB), as they expect the dairy producer’s sequential earnings to improve further.

Analysts upgrade Farm Fresh ratings on expected improvement in sequential earnings

I am hopeful that the upcoming COP 28 climate summit will give nature the role it deserves in our fight against climate change.

The COP 28 Presidency’s Action Agenda is ambitious and to the point, with a focus on fast-tracking the energy transition by slashing emissions before 2030. Imp...

Climate And Environmental Governance: Let’s put nature at the heart of our climate plans

KUALA LUMPUR (Nov 29): A total of 213 Members of Parliament (MPs) and six senators, who are members of the administration, have undergone health screening so far, while eight have not,  according to Dewan Rakyat Speaker Tan Sri Johari Abdul.

Dewan Rakyat Speaker urges MPs to do health checks by Dec 1 or face public disclosure

Here is a brief recap of some corporate announcements that made the news on Tuesday involving Petronas Chemicals Group Bhd, Press Metal Aluminium Holdings Bhd, IOI Corp Bhd, KLCCP Stapled Group, KPJ Healthcare Bhd, Bank Islam Malaysia Bhd, Gas Malaysia Bhd, IGB Bhd, Hextar Technologies Solutions Bhd, Tropicana Corp Bhd, Leong Hup International Bhd, Farm Fresh Bhd and WCE Holdings Bhd.

PetChem, Press Metal, IOI, KLCCP, KPJ Healthcare, Bank Islam, Gas Malaysia, IGB, HexTech, Tropicana, Leong Hup, Farm Fresh, WCE Holdings

Charlie Munger, who quit a law career to become Warren Buffett's trusted confidant and longtime second-in-command at Berkshire Hathaway, died on Tuesday morning. He was 99.

Charlie Munger, who was Warren Buffett's right-hand man, dies at 99

In 2022, the number of graduates in Malaysia rose 5.1% to 5.92 million, while the graduate’s unemployment rate declined 3.7%, according to data released by the Department of Statistics Malaysia in its Graduate Statistics 2022 report.

Rise in number of graduates, drop in number of those unemployed

MSCI's&nbsp;global&nbsp;stock index advanced on Tuesday, while the dollar fell as a Federal Reserve (Fed) official signalled that the US&nbsp;central bank is done raising rates, and could even consider rate cuts if inflation keeps easing.

Stocks rise as dollar falls, gold rallies on Fed commentary

Analysts remain positive on KPJ Healthcare Bhd’s growth trajectory, and said they favour the medical group’s strategy to further grow its medical tourism business.

Analysts stay positive on KPJ’s growth trajectory

The ringgit continued its upward momentum to open higher against the US dollar on Wednesday, as US Treasury yields and dollar indices dropped to their lowest in months, said an analyst.

Ringgit continues uptrend against US dollar

The search and rescue (SAR) operation continued on Wednesday morning for four victims feared to be still buried in the rubble of a logistic warehouse under construction that collapsed&nbsp;in Batu Maung, Bayan Lepas here&nbsp;on Tuesday&nbsp;night.

Search and rescue operation continues after Bayan Lepas warehouse collapse

Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, The Wall Street Journal&nbsp;(WSJ) reported on Tuesday.

Apple to end credit card partnership with Goldman Sachs — WSJ

Hong Leong Investment Bank (HLIB) Research has downgraded Bank Islam Malaysia Bhd (BIMB) to “hold” at RM2.24, with an unchanged target price (TP) of RM2.35, and said BIMB’s profit for the third quarter ended Sept 30, 2023 (3QFY2023) decreased 2% year-on-year due to a negative Jaws ratio (from higher operating expenditure), along with larger financing loss provision.

HLIB downgrades Bank Islam to 'hold', keeps target price at RM2.35

Analysts have upgraded their ratings on Farm Fresh Bhd (FFB), as they expect the dairy producer’s sequential earnings to improve further.

KUALA LUMPUR (Nov 29): Prolonged weakness in the ringgit and a surge in petrol and diesel prices may risk Malaysia’s producer price index (PPI) and consumer price index (CPI) in 2024, despite analysts foreseeing low inflationary pressure to persist at least until the first half of 2024 (1HCY2024), said MIDF Research in a note on Wednesday.

MIDF Research: Prolonged weakness in ringgit and surge in petrol and diesel prices may risk Malaysia’s PPI and CPI in 2024

Bursa Malaysia opened on a positive note&nbsp;on Wednesday,&nbsp;taking its cues from the US equity markets overnight, a dealer said.

Bursa opens higher in early trade

Analysts maintained their recommendations on Press Metal Aluminium Holdings Bhd, despite the integrated aluminium producer’s earnings for the third quarter ended Sept 30, 2023 (3QFY2023) missing market consensus forecasts, with expectations that aluminium prices will remain subdued.

Press Metal's 3Q results miss market expectations; aluminium prices to remain subdued

DAP veteran Tan Sri Lim Kit Siang, the party's national chairman Lim Guan Eng, and Seputeh Member of Parliament Teresa Kok have filed separate defamation suits against Kepala Batas MP Dr Siti Mastura Muhammad in the Georgetown High Court.

The dollar fell broadly on Wednesday to hit its lowest against the yen in more than two months and languished near a three-month trough against its major peers, as expectations mount the Federal Reserve (Fed) could begin lowering rates by early next year.

Dollar slumps as Fed cuts eyed; Aussie buoyant ahead of inflation data

US&nbsp;stocks were little changed on Tuesday as investors digested conflicting remarks from Federal Reserve (Fed) officials, with upbeat consumer data providing some lift.

Wall St moves sideways after mixed Fed statements

Once a North Korean experiment in limited capitalism, the Rason Special Economic Zone (SEZ) appears to be the epicentre of the isolated country's growing cooperation with Russia, experts say, including possible shipments of arms for the war in Ukraine.

North Korean special economic zone poised for revival in new Russia trade

A Deutsche Bank AG executive gave testimony that could bolster Donald Trump’s defense in his civil fraud trial, telling a New York judge that prospective clients can get loans even after reporting a net worth far higher than the lender’s own calculations.

Deutsche Bank executive testifies loan to Trump wasn't unusual

Amazon.com Inc&nbsp;is rolling out a workplace chatbot called Amazon Q, designed to help corporate customers search for information, write code and review business metrics.

Amazon to release Q, an AI chatbot for corporate customers

KUALA LUMPUR (Nov 29): Analysts are upbeat on Wasco Bhd’s outlook after the pipe-coating solutions provider’s results for the third quarter ended Sept 30, 2023 (3QFY2023) came in within expectations.

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