News by Bernama

The 80% consent threshold proposed under the Urban Renewal Bill 2025 is among the highest in the world and complies with international best practice standards, serving as a prerequisite for initiating negotiations among property owners, according to the Housing and Local Government Ministry (KPKT).

The Housing and Local Government Ministry is exploring the formation of a single agency to manage solid waste, e-waste, sewage and radioactive waste through optimised use of resources, the Dewan Rakyat was told on Thursday.

Reclamation works on Silicon Island have passed the 80-hectare mark, marking steady progress for the largest land reclamation project in Penang to date.

Eco World Development Group Bhd’s (KL:ECOWLD) wholly owned subsidiary, Eco World Perpetual Capital Bhd, has established a rated perpetual sukuk wakalah programme with a nominal value of RM2 billion.

The 86th National Council for Local Government (MNKT) meeting on Wednesday agreed to implement the Government Service Efficiency Commitment Act 2025 (Act 867) at the state and local authority levels to strengthen the public service reform agenda.

The Ministry of Housing and Local Government (KPKT) will table the Urban Renewal Bill (PSB) in the Dewan Rakyat for the first reading this Thursday, said its Minister Nga Kor Ming.

STACK Infrastructure, a leading digital infrastructure company from the United States, is set to develop a hyperscale data centre campus in Iskandar Puteri, Johor Bahru, with an estimated value of RM7 billion.

The government will not embark on mega projects that have limited impact on the majority of the people in the near future after taking into account global economic uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Entrepreneurs renting business premises under Majlis Amanah Rakyat (Mara) recorded total sales of RM2.2 billion last year, said Deputy Minister of Rural and Regional Development Datuk Rubiah Wang.

Negeri Sembilan is set to become the first state in Malaysia to establish a halal hub powered by artificial intelligence (AI), said Menteri Besar Datuk Seri Aminuddin Harun.