Lee was speaking at the United Overseas Bank’s (UOB) Secured Loans’ Chinese New Year gala dinner on Feb 20. Felicia TanTue, Feb 20, 2024 The housing market is expected to continue to stabilise in the coming year with a “significant” supply of new homes coming on stream, says Minister for National Development Desmond Lee. Lee is also the Minister-in-Charge of Social Services...
Penang Marriott Hotel has 223 guest rooms alongside a 24-hour fitness centre, steam room and infinity swimming pool with sun deck. METRO NEWS | Wednesday, 21 Feb 2024 AN international hotel chain has made its entry into Penang. The Penang Marriott Hotel, situated along the seafront location of Gurney Drive, promises breathtaking sea and city views in addition to its central location in...
Saturday, February 17th, 2024 at Economy | News GEORGE TOWN – Penang, being the Silicon Valley of the East, is the breeding ground for successful stories of startups and large local companies (LLCs) that are at par with technology giants of the world. One great example is homegrown industrial automation solutions provider Greatech Technology Bhd that was set up by Tan Eng Kee and...
Chow Kon Yeow,NSTP/MIKAIL ONG By Bernama - February 15, 2024 GEORGE TOWN: Penang Development Corporation (PDC) is developing three industrial parks in the state involving a total investment of RM3.2 billion, including for infrastructure development, in a bid to stimulate the industrial sector's growth. Chief Minister Chow Kon Yeow, who is also PDC chairman, said these industral...
Penang Water Supply Corporation (PBAPP) chief executive officer K. Pathmanathan said the MDEP is a federal government project that has been running since 2011, and Phase 2B refers to the installation of a 7-kilometre raw water pipeline with a diameter of 1.6 metres from the Mak Sulong Pumping Station to the Sungai Dua Canal. — Picture from social media GEORGE TOWN, Feb 16 — The federal government...
The newly completed phase of Gurney Bay on reclaimed land may be complemented by a rail bridge over the Penang Channel for the LRT service to link the island to Butterworth. YouTube - SCM Southern Corridor Malaysia screen grab The new design may include a rail bridge across the channel Published on 13 Feb 2024 PENANG Chief Minister Chow Kon Yeow has acknowledged that there will likely be modifications...
Penang Chief Minister Chow Kon Yeow (second, right) shows the BKIP2 land which is now open for tender. — Picture by Opalyn Mok By Opalyn Mok Thursday, 15 Feb 2024 1:34 PM MYT GEORGE TOWN, Feb 15 — Penang Development Corporation (PDC) has called for a request for proposal (RFP) for the Batu Kawan Industrial Park 2 (BKIP2) land that was embroiled in a controversial land deal last...
SINGAPORE (Feb 13): Aspen Group Holdings has reported earnings of RM94.6 million for the 1HFY2024 ended Dec 31, 2023, compared to its earnings of RM3.9 million for the corresponding period last year. This brought earnings per share (EPS) from continuing operations to 9.41 sen, while losses per share for discontinued operations came to 0.67 sen. Revenue from continuing operations for the half-year...
Chief Minister Chow Kon Yeow, who is also the PDC chairman, said these industral parks in South Seberang Perai are expected to be fully completed in 2031, after development started in 2022. GEORGE TOWN (Feb 15): Penang Development Corporation (PDC) is developing three industrial parks in the state involving a total investment of RM3.2 billion, including for infrastructure development, in a bid to...
Monday, February 12th, 2024 at Economy GEORGE TOWN – Penang has successfully maintained its position as Malaysia’s top exporter in December 2023 despite being the second smallest state. Chief Minister Chow Kon Yeow said that Penang has consistently been in the top three positions in terms of contributing to the country’s economy, growth, and attracting investors. “In fact, the figures were...
By LO TERN CHERN | Wednesday, 14 Feb 2024 BUKIT MERTAJAM: Penang’s upcoming Light Rail Transit (LRT) project may see one of its lines connecting the island and the mainland in the form of a rail bridge, said Penang Chief Minister Chow Kon Yeow. He said the 29km link, an extension from its initial end at Komtar, would cross the North Channel to reach Penang Sentral, an integrated transport terminal...
Penang welcomed Flydubai’s inaugural flight from Dubai, United Arab Emirates (UAE), on the first day of the Chinese Lunar New Year yesterday. — AFP pic Sunday, 11 Feb 2024 2:14 PM GEORGE TOWN, Feb 11 — Penang welcomed Flydubai’s inaugural flight from Dubai, United Arab Emirates (UAE), on the first day of the Chinese Lunar New Year yesterday. State Tourism and Creative Economy Committee...
The prices of terrace homes will appreciate in 2024 while detached houses are expected to continue their decline, according to the inaugural Malaysian House Price Index (MHPI) released today. — Picture by Miera Zulyana Wednesday, 07 Feb 2024 8:30 PM MYT KUALA LUMPUR, Feb 7 — The prices of terrace homes will appreciate in 2024 while detached houses are expected to continue their decline, according...
Going forward, Hua Yang is “optimistic” of an improvement in the property sector, but cautioned that the continuation of global geopolitical tensions and inflationary pressure on construction costs continues to challenge business operations. Chester Tay / theedgemalaysia.com February 06, 2024 | KUALA LUMPUR (Feb 6): Hua Yang Bhd net profit for the third quarter Dec 31, 2023 (3QFY2024) more than...
Datuk Chang Kim Loong: The Government is sending the wrong message by giving HOC incentives for properties priced above RM300,000. Datuk Chang Kim Loong / National House Buyers Association January 29, 2024 Overhang properties is mainly due to unmet housing demand related to varying economic climates, housing preferences, market sentiment, housing affordability, credit accessibility, as well as...
The Tee brothers’ investment vehicle Kerjaya Prospek Development (M) Sdn Bhd converted 50 million ICULS to shares at 23.5 sen apiece — a cumulative RM11.75 million. Izzul Ikram / theedgemalaysia.com February 05, 2024 KUALA LUMPUR (Feb 2): Eastern & Oriental Bhd’s (E&O) executive chairman Datuk Tee Eng Ho and his brother, executive director Tee Eng Seng, raised their stake in the property...
February 4, 2024 THE physical works for Phase One, also known as Priority 1, of the Gurney Bay project, have been completed and are now open to the public as of today. The Gurney Bay project, valued at RM247.8 million, is divided into two phases: Priority 1 and Priority 2. An aerial view of the Gurney Bay project (Priority One). Priority 1, covering 27.70 acres, includes various...
Sunday, 04 Feb 2024 | By LO TERN CHERN GEORGE TOWN: Phase one of the new Gurney Bay is now open to the public, following an announcement made by Penang Chief Minister Chow Kon Yeow. He made the announcement after accompanying Yang di-Pertua Negeri of Penang Tun Ahmad Fuzi Abdul Razak for a walkabout to tour the place on Sunday (Feb 4). "Works at Gurney Bay phase one have been declared...
Close to home: Singaporeans like Penang because of its similar language, food and culture, according to a property consultant. — ZHAFARAN NASIB/The Star Wednesday, 31 Jan 2024 | By IMRAN HILMY GEORGE TOWN: Like the tourism industry which gets a boost from the weak ringgit, the country’s property market, too, looks to be flourishing with higher demand, especially from foreign...
