Construction stocks slip as govt shies away from new megaprojects
Shares of Malaysian construction companies slipped on Monday, as the government refrained from announcing new mega infrastructure projects in Budget 2025.
Consultants see tax relief for housing loans supporting first-time buyers amid limited property measures in Budget 2025
While the newly announced Budget 2025 is not a “property budget”, property consultants applaud the introduction of tax relief for housing loan interest payments up to RM7,000, which is expected to encourage first-time homeownership.
MBAM worries building costs may rise due to new tax and subsidies cut in Budget 2025
The Master Builders Association Malaysia (MBAM) has voiced concerns about supply chain and pricing trends for key construction materials as well as a potential rise in building costs in 2025, following the government's announcement of carbon tax and the removal of certain subsidies in Budget 2025 presented on Friday.
Exsim Hospitality wins RM60 mil sub-contract works
Exsim Hospitality Bhd (KL:EXSIMHB), previously known as Pan Malaysia Holdings Bhd, said on Friday that its wholly owned subsidiary Exsim Concepto Sdn Bhd has won a sub-contract work package for RM60 million.
Govt extends rooftop solar programme till end-June 2025
The government will extend the current net energy metering (NEM) 3.0 programme till June 30, 2025 to continue incentivising rooftop solar installation, announced Prime Minister Datuk Seri Anwar Ibrahim in his Budget speech.
Johor-Singapore Special Economic Zone to cover Iskandar Malaysia, Pengerang
Johor-Singapore Special Economic Zone (JS-SEZ) will cover an area governed by six local authorities in Iskandar Malaysia and Pengerang, according to the Ministry of Finance.
Varia bags RM572m Socso rehabilitation centre project in Terengganu
Varia Bhd (KL:VARIA) has secured a contract worth RM571.8 million from the Social Security Organisation (Socso) to build a rehabilitation centre in Setiu, Terengganu.
AME REIT's proposed acquisition of Johor factories for RM119 mil is fair and reasonable, says independent adviser
AME Real Estate Investment Trust's (KL:AMEREIT) proposed acquisition of four single-storey detached factories in Johor for RM119.45 million has been deemed fair and reasonable, according to independent adviser MainStreet Adviser Sdn Bhd.
34 applications approved under revamped MM2H programme — Tiong
The Malaysia My Second Home (MM2H) programme, under the updated criteria, has recorded 34 approved applications, representing 13.7% of the total 249 applications as of Oct 14.
NCT Group partners Sidec to digitalise, support growth of NSIP in Sepang
NCT Group of Companies, via its subsidiary NCT Land Sdn Bhd, has partnered with the Selangor Information Technology and Digital Economy Corp (Sidec) to digitalise and support growth of the 732-acre (296.23-hectare) NCT Smart Industrial Park (NSIP) in Sepang, Selangor.
