Thursday, 26 Jun 2025 PENANG has recorded RM6.7bil in approved manufacturing investment in the first quarter of the year, Chief Minister Chow Kon Yeow says. He said the state continued to show resilience and competitiveness as a leading investment destination amid global uncertainties and persistent trade tensions. “The RM6.7bil secured in approved manufacturing investments represented 22% of...
Tuesday, 17 Jun 2025 PETALING JAYA: Buying interest in property is expected to remain healthy, says MIDF Research, which remains positive on the property sector. “The sales of property companies are generally stronger, which should underpin earnings growth going forward. “Meanwhile, the impact of the sales and services tax (SST) on property companies is expected to be minimal as residential...
Housing and Local Government Minister Nga Kor Ming said the exemption applies to all residential buildings, including serviced apartments built on commercial land, provided they are intended for residential use and fall under the HDA. PUTRAJAYA (June 15): Residential properties sold under the Housing Development Act (HDA) will be exempted from the update sales and services tax (SST), following concerns...
Monday, 09 Jun 2025 PETALING JAYA: Econpile Holdings Bhd, which has secured its first contract for the Penang light rail transit (LRT) Mutiara Line, is poised to win more jobs as the RM10bil project gains momentum, analysts say. On June 5, Econpile announced it was awarded a RM42.8mil bored piling sub-package spanning three stations – from East Jelutong to Gelugor – out of the total 21 stations....