IHG Hotels & Resorts to open first voco hotel in Malaysia next year
IHG Hotels & Resorts will open its first voco hotel in Malaysia, voco Kuching, next year.
Works minister says SST expansion will have minimal impact on house prices
Works Minister Datuk Seri Alexander Nanta Linggi said the expansion of the sales and service tax (SST) will have a limited impact on house prices.
Construction outlook brighter in 2H with roll-out of big-ticket projects, SST impact minimal—CIMB Securities
The construction sector is expected to see its earnings growth remaining on an upward trajectory in the second quarter, while the order book environment is set to further improve heading into the second half of 2025, with the gradual roll-out of major public infrastructure projects.
Malaysia’s data centre project pipeline unaffected by alleged Nvidia chip breach, says MIDF
The pipeline of data centre projects in Malaysia is unlikely to be impacted by recent reports alleging that Chinese firms are using servers equipped with Nvidia chips to train artificial intelligence (AI) models, said MIDF Research.
Guocoland faces RM5.5 mil impact after arbitration loss to contractor
Guocoland (Malaysia) Bhd (KL:GUOCO) said the group faces a net financial impact of RM5.54 million following an arbitration ruling against its wholly owned subsidiary over a disputed project termination.
Gamuda to see strong 3Q earnings on better progress of projects—RHB
RHB Investment Bank estimated Gamuda Bhd's (KL:GAMUDA) core net profit could rise to between RM230 million and RM250 million for the third quarter ended April 30, 2025 (3QFY2025), the research house said in an earnings preview note.
MRMA urges review of SST on commercial rentals to prevent impact on end-consumers
The Malaysian REIT Managers Association (MRMA) warns that the proposed 8% sales and services tax (SST) on commercial rental and leasing services could result in a knock-on effect on end-consumers, leading to elevated cost pressures.
Berjaya Land to jointly develop rare earth mining and plantation projects in Perlis
Berjaya Land Bhd (KL:BJLAND) has signed a memorandum of understanding (MOU) with Impianan Utara Sdn Bhd to jointly explore and develop two economic projects in Perlis.
Chin Hin scraps RM51m data centre acquisition due to unmet conditions
Chin Hin Group Bhd (KL:CHINHIN) has called off its planned acquisition of data centre-related firms after the target companies failed to secure an order book of at least RM380 million, a key condition for completion.
Govt valuer disagrees with Semantan Estate’s private valuation
A government valuation property expert told the High Court on Tuesday that she disagreed with the calculation of ‘mesne profit’ by a private valuer appointed by voluntarily-liquidated company Semantan Estate (1952) Sdn Bhd.
