AdminSeptember 26, 2023 GLOBAL Foundries (GF), one of the world’s leading semiconductor manufacturers, has chosen Penang to open its first office in the country. It is located at One Precinct building in Bayan Baru. GF chief manufacturing officer Kay Chai Ang said the key feature of the new office is the new state-of-the-art ‘factory control...
Chelsea J Lim / theedgemalaysia.com August 29, 2023 | Updated 1 day ago (From left) MDEC digital industry development senior vice-president Datuk Fadzli Wahit, MDEC CEO Mahadhir Aziz and Airbnb Asia Pacific director of public policy Steven Liew during the MOU announcement (Photo by Airbnb)) The digital nomad-friendly Airbnb listings will be located in key tourism hotspots such as Kuala Lumpur,...
Shophouses in the Little India and Jalan Besar area (District 8) remained a hot spot. ST PHOTO: KUA CHEE SIONG Isabelle Liew UPDATED AUG 1, 2023, 11:30 PM SGT FacebookTwitter SINGAPORE - Commercial shophouse sales received a boost in the second quarter of 2023, on the back of higher additional buyer’s stamp duty (ABSD) rates for residential properties. Between April and June 2023,...
Surin Murugiah / theedgemalaysia.com July 26, 2023 | Updated 20 hours ago From left: Ideal Property Group chief operating officer Datuk Goh Teng Whoo, Ideal Property Group chairman Tan Sri Ooi Kee Liang, ShenZhen Senior Technology Material chairman Chen XiuFeng and Senior International Holding (Singapore) Pte Ltd CEO Tony Jiang. In a statement on Wednesday...
CORPORATE NEWS Tuesday, 18 Jul 2023 Tan Sri Teo Chiang Hong (left) and Lee Chun Fai, group managing director and CEO of IJM at the signing of shareholders agreement between IJM and FMM KUALA LUMPUR: IJM Corp Bhd’s wholly-owned subsidiary, IJM RE Sdn Bhd, has entered into a joint-venture (JV) agreement with FMM Elmina Sdn Bhd to develop two state-of-the-art logistics hubs in the...
Chief minister instructs MBPP to start again after stakeholders complained about a litany of errors. Predeep Nambiar - 04 Jul 2023, 9:59pm Penang chief minister Chow Kon Yeow said he has instructed MBPP to rework the 2030 Penang island local plan because it contained many weaknesses and mistakes. (Facebook pic) GEORGE TOWN: It is back to the drawing board for Penang island’s...
2023/06/26 BY BEATRICE LAFORGA LEAVE A COMMENT The price fetched for the portfolio was well-within market rates A Chinese investor has reportedly purchased a row of six shophouses in downtown Singapore for S$80 million ($59 million) as wealthy overseas nationals continue to play a growing role in trades of small-scale commercial assets in the Southeast Asia financial haven. Lim...
Tuesday, 27 Jun 20236:36 PM MYT Fajarbaru group chief executive officer Datuk Seri Eric Kuan Khian Leng (right) exchanging documents with Penang Development Corp chief executive officer Datuk Aziz Bin Bakar (left). KUALA LUMPUR: Fajarbaru Builder Group Bhd has signed a memorandum of understanding (MoU) with Penang Development Corp (PDC) to develop a medical city and mixed...
By LO TERN CHERN NATION Tuesday, 30 May 20236:19 PM MYT GEORGE TOWN: Phase 1 of Penang's upcoming Light Rail Transit (LRT) project, initially planned from Penang International Airport (PIA) to Komtar, has now been extended all the way to Tanjung Bungah. Transport Minister Anthony Loke said that after reviewing the project's proposal, MRT Corp felt the route should go all the way...