Dear readers,

The Edge Malaysia Property Excellence Awards (TEPEA) celebrated its 16th iteration at a gala dinner on Oct 29, with Housing and Local Government Deputy Minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad as our guest of honour.

There were many familiar faces at th...

Note from the publisher

Merit |  Setia SPICE | Eco Meridian Sdn Bhd (a subsidiary of S P Setia Bhd)

Positioned in a strategic spot in Bayan Lepas, S P Setia Bhd’s Setia SPICE (Subterranean Penang International Convention & Exhibition Centre) is hard ...

Green convention centre raises the bar

Special Mention |  Mangala Resort & Spa | Franky Land Sdn Bhd (a subsidiary of Franky Group)

The Mangala Resort & Spa by Franky Land Sdn Bhd, a subsidiary of Franky Group emerges like a hidden utopia in the middle of indus...

A sustainable resort driven by passion

Merit |  Alpine @ M Residence 2 | Mah Sing Group Bhd

The luxury of space at affordable prices, just about half an hour’s drive to the city centre, is what the owners of Mah Sing Group Bhd’s Alpine @ M Residence 2 development in Ra...

Comfortable, contemporary homes

No. 10 – Eastern & Oriental Bhd

Eastern & Oriental Bhd (E&O Group), best known as the owner of the timeless Eastern & Oriental Hotel in George Town, Penang, has leveraged its niche and expertise in luxury hospitality to...

Preparing for the good days ahead

No. 9 – Tropicana Corp Bhd

In the 1990s, Tropicana Corp Bhd founder Tan Sri Danny Tan established Tropicana Golf and Country Resort — a pioneering development that was the first of its kind in the country. After that, he introduced the...

Unlocking value of strategic land bank

No. 8 – Gamuda Bhd (Property division)

The newly opened Gamuda Cove Experience Gallery in USJ, Taipan, is filled with lush greenery. Sunlight pouring in through the glass panels makes it brighter and seem more spacious.

Gamud...

Emphasis on township developments

No. 7 (joint ranking) – UEM Sunrise Bhd

After taking a sip of water, UEM Sunrise managing director and CEO Anwar Syahrin Abdul Ajib settles in for the third interview of the day. Although it has been a long morning, he is still energet...

Focusing on the customer experience

No. 7 (joint ranking) – Mah Sing Group Bhd

Mah Sing Group Bhd’s vibrant headquarters provided a good complement to the spirit of camaraderie seen during a photo session with group managing director Tan Sri Leong Hoy Kum and his son, Li...

Remaining competitive and innovative

No. 6 (joint ranking) – IOI Properties Group Bhd

We are honoured and happy to receive this award. But with this accolade, we understand the heavier responsibility and expectations in terms of customer expectation from us. In IOI, we ta...

Holding steady amid a slow market

No. 6 (joint ranking) – Eco World Development Group Bhd

Driving through the entrance to any of its townships and you would know you are entering a project by Eco World Development Group Bhd (EcoWorld Malaysia). Upon passing through a s...

Made-to-measure offerings for success

No. 5 – Sunway Bhd (Property division)

Sunway Bhd managing director, property division, Sarena Cheah comes into Sunway University’s Sunway iLabs Makerspace in Sunway City with a broad smile for this interview with City & Country.

Embracing sustainability in community building

No. 4 – UOA Development Bhd + Best in Quantitative Attributes

UOA Development Bhd’s consistent performance last year has not only secured the company a place in the top 10 of The Edge Malaysia Top Property Developers Awards but also ga...

Staying relevant by meeting market needs

No. 3 – Sime Darby Property Bhd

The local property market has had some ups and downs over the past few years, with companies adopting different plans to stay afloat. Nevertheless, renowned developer Sime Darby Property Bhd (SDP) aims t...

Advancing with a strong, tested formula

The Federation of Malaysian Manufacturers (FMM) is urging the government to seize the 90-day suspension of the US reciprocal tariff to implement decisive measures aimed at safeguarding Malaysia’s industrial foundation and its long-term competitive edge.

Malaysian manufacturers call for swift govt action during US tariff pause

KUALA LUMPUR (April 10): Airbus and the Aerospace Malaysia Innovation Centre (AMIC) have signed a research and technology cooperation agreement to study the supply chain for sustainable aviation fuel (SAF) production across the Asia-Pacific region.

Airbus, Malaysian centre to advance sustainable-aviation-fuel supply chain research in Apac

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Thursday.

FBM KLCI surges 4.47% to 1,463.13 on April 10, 2025

Prime Minister Datuk Seri Anwar Ibrahim strongly believes that trading countries should use the World Trade Organisation (WTO) platform to resolve trade issues and problems, including tariffs.

Anwar slams ‘megaphone diplomacy’, urges use of WTO as platform to resolve trade conflicts 

KOTA KINABALU (April 10): Sabah recorded total investments of RM6.5 billion, with 38.7% contributed by the manufacturing sector last year, said its Yang di-Pertua Negeri Tun Musa Aman.

Sabah recorded total investments of RM6.5b last year — Musa Aman

US President Donald Trump may have announced a delay in some of his tariff plans, but the first signs of an economically-damaging slowdown in global trade are already emerging as companies around the world hit their own pause button on orders and he continues to escalate his trade war with China.

Trump is already slowing global trade as companies pause orders

The oil-price crash is set to have far-reaching consequences for Saudi Arabia’s finances and vast economic ambitions.

Goldman warns oil crash could push Saudi Arabia’s budget deficit to US$67b

Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the US from India, after it stepped up production there in an effort to beat President Donald Trump's tariffs, sources told Reuters.

The details of the push provide an insight into the US smartphone company's private strategy to navigate around the Trump tariffs and build up inventory of its popular iPhones in the US, one of its biggest markets.

Apple airlifts 600 tons of iPhones from India 'to beat' Trump tariffs, sources say

The implementation of the Sabah Pan Borneo Highway Phase I project is expected to be fully completed by 2029, said the Yang Dipertua Negeri of Sabah Tun Musa Aman.

Sabah Pan Borneo Highway Phase 1 expected to be completed by 2029 — Tun Musa

Several Malaysian and Chinese technology firms and academic institutions will collaborate in advancing artificial intelligence (AI), cloud computing, and next-generation digital infrastructure through knowledge and resource sharing.

Malaysia, China strengthen digital ties with MOUs on AI, cloud collaboration

Some Malaysian exporters of manufactured goods destined for the United States have temporarily halted shipments as they await clearer information on the financial implications of the newly imposed tariffs, which took effect on Wednesday.

Malaysian exporters halt US shipments amid tariff confusion

Malaysian stocks staged a broad relief rally on Thursday after the US announced a pause to its reciprocal tariffs on all but one of its trading partners.

Malaysian stocks rebound, broad relief rally adds back RM75 bil to market 

This article for the Tong's Portfolio column — which predicts a likely walk back of some of the tariffs — was prepared for this coming week's issue of The Edge Malaysia and The Edge Singapore, but because of President Donald Trump's U-turn overnight (albeit for 90 days), we have decided to publish it online first.

Trump's big blunder — and no, its not tariff per se

Bids for the Penang International Airport's (PIA) main terminal building&nbsp;under Package 3 are expected to open in May this year, ahead of its scheduled 2027 completion.

Gamuda, IJM, MRCB, SunCon could bid for Penang International Airport's main terminal building under Package 3 in May, estimated at RM1.2b — CIMB

(April 9): Senator Adam Schiff on Wednesday called on Congress to investigate whether US President Donald Trump engaged in insider trading or market manipulation when he abruptly paused a sweeping set of tariffs, a move that sent stock prices skyrocketing.

Senator Adam Schiff calls for insider trading investigation into Trump over tariff pause

AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s (KL:CHINHIN) subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

AmBank grants RM307m in financing to Chin Hin Group for infrastructure projects

Malaysia welcomes the US’ overnight decision to pause the sweeping tariff increase, Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said on Thursday.

Zafrul: Malaysia welcomes US tariff pause, now assessing implications

As Donald Trump’s sweeping “reciprocal” tariffs took effect just after midnight on Wednesday, the president was watching the bond market.

Long-term yields were soaring. The 10-year Treasury saw the biggest three-day jump since 2001. The president was confronting a worst-case scenario: voters who had returned him to the White House because of inflation now faced both increased prices and higher borrowing costs.

Bond chaos, deal mania and Jamie Dimon: Inside Trump’s tariff reversal

Umno has filed an originating summons (OS) at the High Court last month seeking a declaration and an order for a 9,723 square metre land to be transferred to the political party. The land, which is now the Seri Pacific Hotel, here, is currently held in trust by four people, including former prime minister Tun Dr Mahathir Mohamad and the late Tun Daim Zainuddin.

Umno wants transfer of Seri Pacific hotel land held under trusteeship of Dr M, Daim, two others

Technology stocks rallied on Thursday following the announcement of a 90-day suspension on reciprocal tariffs, amid growing optimism that Malaysia could benefit from the deepening trade rift between the US and China.

Tech stocks rally on 90-day tariff pause, boosting Malaysia's chances amid US-China tensions

Global shares surged and a manic bond sell-off stabilised on Thursday after US President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries.

Stocks soar in relief rally after Trump pauses tariffs

(April 10): Bonds from Australia to Japan swung in the wake of a chaotic day in the US Treasuries market, forcing traders to confront the possibility that volatility from trade war jitters is only just beginning.

Swings in US Treasuries trigger global bond market aftershocks

Engineering firm West River Bhd is now taking applications from investors for its initial public offering (IPO) on the ACE Market.

West River now taking IPO applications at 39 sen per share for ACE Market listing

Donald Trump’s 90-day reprieve on some tariffs sent the stock market soaring Wednesday. But the chaos sown by the president’s trade war means corporate America is planning for a recession.

CEOs brace for recession even after tariff reprieve boosts stocks

HANOI (April 10): The 20-year production sharing contract (PSC) extension for Hibiscus Petroleum Bhd’s (KL:HIBISCS) largest oil asset works as a key enabler to monetise the group’s development plans offshore northeast Malaysia, which includes new wells and gas processing from nearby fields.&nbsp;

Hibiscus: 20-year PSC extension key enabler for developing new wells, processing gas from nearby assets

Oil prices surged from a four-year low on Wednesday and gold rallied in a broad-based commodities and equity market rebound after US&nbsp;President Donald Trump said he would temporarily lower recently enacted tariffs on dozens of countries while further increasing duties on China.

Energy, metals, grains surge after Trump tariff pause

KUALA LUMPUR (April 10): Malaysia’s palm oil stocks posted their first rise in six months in March, as production recovered and imports rose sharply, offsetting strong festive demand, data from the industry regulator showed on Thursday.

Malaysia’s palm oil stocks rise for first time in six months in March

WASHINGTON (April 9): US&nbsp;President Donald Trump signed an executive order on Wednesday, aimed at reviving US shipbuilding and reducing China's grip on the global shipping industry, vowing to boost funding for the effort in coming years.

Trump signs executive order seeking to revitalise US shipbuilding

OF the 115 companies that had a market capitalisation of at least RM1 billion as at last Tuesday, 95 - or 83% - have seen a year-to-date (YTD) fall in their share prices. Taking a defensive investment approach in the challenging market, The Edge highlights 10 stocks worth looking at in the second...

Cover Story: Battered stocks worth a look

The wild ride on US stock markets took a dizzying turn Wednesday afternoon when President Donald Trump announced a pause on some of his harshest tariffs, propelling the S&amp;P 500 Index to its biggest one-day gain since 2008.

The Edge Property Excellence Awards 2018

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The Edge Property Excellence Awards 2018

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