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...