As robust consumer demand drove November's consumer price index up 4% year-on-year — with core inflation hitting a new high of 4.2% — economists expect the upbeat momentum to continue and result in Bank Negara Malaysia having to raise the overnight policy rate or OPR by another 25 basis points to 3% in its Monetary Policy Committee meeting next month.

Putrajaya MRT Line Phase 2 will be fully operational from March 2023, as the construction of the line has been completed.

KL is “pulling ahead of other popular tourist destinations around the world”.

There are also new and refreshed stores at both Genting Highlands Premium Outlets (Burbery and Salvatore Ferragamo) and Johor Premium Outlets (Balenciaga, Bally, Fendi, Hooga, Karl Lagerfeld, Kenzo, Sacoor Outlet and Valentino) to welcome visitors.

The concept of working and travelling the world at the same time is becoming increasingly tempting for many. Leaving their nine-to-five office cubicles, they trade for more exciting and fulfilling lives on “greener” sides. 

The Ministry of Transport (MOT) said the total development cost of the East Coast Rail Link (ECRL) project is now estimated at RM74.96 billion consisting of construction cost at RM50.27 billion, while other development costs amount to RM24.69 billion.

The Employees Provident Fund (EPF), as the sole unitholder of Alpha Real Estate Investment Trust (Alpha REIT), has taken the decision to terminate and wind up the unlisted shariah-compliant REIT.  

OCR Land Holdings Sdn Bhd has topped up the YOLO Signature Suites of its RM284.9 million gross development value project in Bandar Sunway.

GDB Holdings Bhd has secured a RM247 million design-and-build contract to construct a logistic hub in the Bandar Bukit Raja 2 Industrial Park in Klang.

The city councils of Putrajaya, Johor Bahru, Kuala Lumpur, Penang, Petaling Jaya and Kulim will get a boost in their smart city and urban development plan through real-time data, communication, and digital technology with the country’s first centralised citizen services solution project.