Malaysia on Tuesday called on Asean nations to adopt an integrated urban planning approach, which balances environmental stewardship, social well-being, and economic competitiveness through the CHASE City framework.
Asean must ensure that the prosperity generated by rapid urbanisation is shared equitably among all communities and not achieved at the expense of the vulnerable, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
MGB Bhd (KL:MGB) said it clinched an RM185.99 million contract on Tuesday to develop serviced apartments in Iskandar Puteri, Johor.
The Works Ministry is seeking a higher allocation in Budget 2026 to upgrade the nation’s main infrastructure, particularly major highways and federal roads.
Noteworthy:
When: June 2025
The RM69.04 million project, known as Kampung Tersusun Generasi Kedua Felcra Seberang Perak, was awarded to Caely-M in 2013 and completed on Oct 3, 2022.
Net profit after excluding one-off items at the construction services firm will jump to RM86.9 million in 2025.
WISE is meant to reduce traffic at Menora Tunnel on the North-South Expressway.
Amir Hamzah said this approach is expected to accelerate project completion time, reduce wastage of building materials, and lower the overall construction cost.
The property developer said it had entered into agreements to acquire 95.02 acres in Sepang for RM206 million and 367 acres in Ujong Permatang, Kuala Selangor, for RM189 million.
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