The Monetary Policy Committee of Bank Negara Malaysia kept the Overnight Policy Rate (OPR) at 2.75 percent. Despite positive developments such as the reopening of China's economy and better-than-expected growth in major economies, the global economy continues to be affected by elevated cost pressures and higher interest rates. Some central ... Read More

Almost five years after construction began, the Penang International Airport multi-storey car park is expected to begin operations next month. The car park was supposed to be ready by the end of 2019. According to Transport Minister Anthony Loke, works are progressing at 99.79 per cent and entering the final ... Read More

If you're looking for a luxurious and spacious lifestyle, Eco Horizon is the perfect township for you. Spanning across 300 acres of freehold land in Batu Kawan, Penang, Eco Horizon is a unique blend of commercial and residential components with prominent landed properties. Residential Component: Beldon Collection NEW PHASE Semi-D ... Read More

E&O's second serviced residence project at Andaman, Arica Executive Homes, follows the successful sales of The Meg, which is now fully sold out. Positioned adjacent to The Meg, Arica boasts similar benefits of convenient access to various commercial amenities in the future such as workplaces, educational institutions, hospitality, healthcare, wellness ... Read More

The Penang South Islands (PSI) project is set to generate economic growth following the signing of the Project Development Agreement (PDA) between the state government and Silicon Island Development Sdn Bhd for Island A. Chief Minister Chow Kon Yeow said Island A, measuring 2,300 acres, would be developed for the betterment ... Read More

RHB Research expects the central bank to hike the Overnight Policy Rate (OPR) by 25 basis points (bps) at the monetary policy committee (MPC) meeting on March 9. Its view was predicated on three main catalysts, namely that core consumer price index (CPI) inflation is likely to remain elevated into ... Read More

Developers have been warned not to demolish old buildings without local council approval. "Whether buildings are in heritage zones or not, no developers should demolish buildings without prior approval," said Penang Chief Minister Chow Kon Yeow. Speaking at the refurbished Town Hall building at Esplanade on Saturday (March 4), he ... Read More

About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More

Ideal Property Group is setting up a new industrial park at Bertam, Northern Seberang Perai District, with a gross development value of RM4.2billion. This state-of-the-art industrial park, dubbed Penang Technology Park @ Bertam, will be the first technology park established within North Seberang Perai District. Associated with its name of ... Read More

Penang International Airport (PIA) expansion project will take place this year and will be fully funded by Malaysia Airports Holdings Bhd (MAHB). Transport Minister Anthony Loke Siew Fook said this when he made his first official working trip to Penang yesterday, revealing that the expansion, for now, would cater to ... Read More