BNM keeps overnight policy rate steady, flags rising downside risks to growth
Malaysia's central bank has kept the overnight policy rate (OPR) unchanged at 3%, as expected, while flagging rising downside risks to economic growth.
Property managers seek SST exemption on commercial property maintenance fees, sinking funds
The Malaysian Institute of Property and Facility Managers (MIPFM) has submitted a formal appeal to the Ministry of Finance (MOF) and the Royal Malaysian Customs Department to reconsider and exempt maintenance fees and sinking fund contributions for stratified commercial properties from sales and service tax (SST), over a year after its implementation.
Unitholders give green light to Pavilion REIT's RM480 mil hotel acquisitions
Pavilion Real Estate Investment Trust (KL:PAVREIT) has received its unitholders’ approval to acquire two hospitality assets, namely Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), for RM480 million.
Kumpulan Jetson puts shareholders’ requisition for EGM on hold pending legal outcome
Kumpulan Jetson Bhd (KL:JETSON) announced on Wednesday that its shareholders’ requisition dated April 23, 2025 to convene an extraordinary general meeting (EGM) will be put on hold, pending the outcome of a legal suit filed by three minority shareholders challenging the validity of the notice.
New data centre demand 'has not stopped', to benefit Johor—Equinix Malaysia MD
As Singapore reaches its physical limits for data centre expansion, Malaysia—particularly Johor—is emerging as a preferred destination for global digital infrastructure providers, said Equinix Malaysia managing director Cheam Tat Inn.
US firm Equinix completes second phase of data centre in Cyberjaya
Nasdaq-listed digital infrastructure company Equinix Inc has completed the second phase of its KL1 International Business Exchange (IBX) data centre in Cyberjaya, Selangor.
Rahim & Co: Melaka’s residential property prices gradually rising, industrial sector may face oversupply
Residential property prices have been rising steadily in Melaka over the past years, recording an average transacted price of RM340,000 in 2024 compared to RM214,000 in 2015, according to Rahim & Co International Property Consultants Sdn Bhd director of research Sulaiman Saheh at the Rahim & Co Property Market Review 2024/2025 presentation on Wednesday.
Hektar REIT partners Samaiden in solar energy collaboration
Hektar Real Estate Investment Trust (Hektar REIT) (KL:HEKTAR) has inked a solar energy partnership with Samaiden Group Bhd (KL:SAMAIDEN), for Samaiden to install and operate solar photovoltaic (PV) systems across five of Hektar REIT’s shopping centres through a zero-capex model, requiring no upfront capital outlay from the REIT.
IHG to debut Kimpton brand in Malaysia with Kimpton Naluria Kuala Lumpur
IHG Hotels & Resorts will introduce its luxury lifestyle brand Kimpton in Malaysia with the opening of Kimpton Naluria Kuala Lumpur in the fourth quarter of 2025.
Kumpulan Jetson gets writ of summons to void shareholders' requisition notice
Kumpulan Jetson Bhd (KL:JETSON) has received a writ of summons from three minority shareholders who are seeking a court order to void a requisition notice dated April 23, 2025, and to halt any corporate action based on it.
