Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 2.75 per cent today, allowing it to assess the impact of the cumulative past OPR adjustments, given the lag effects of monetary policy on the economy. The central bank said at the current OPR level, the ... Read More

Standard Chartered (StanChart) expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 25 basis points to 3.0% during its monetary policy meeting tomorrow, reversing the Covid-induced rate cuts. “Following a likely January hike, we expect a pause in March, before another 25bps hike in May, assuming the ... Read More

The Penang government is still waiting to meet Prime Minister Datuk Seri Anwar Ibrahim and Transport Minister Anthony Loke to discuss the proposed George Town–Butterworth Light Rail Transit (LRT) project. Chief Minister Chow Kon Yeow said the discussion would also touch on other critical transport projects in Penang, such as the ... Read More

About Celesta Residency Mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It features a mix of residential and ... Read More

Residents in Bandar Cassia, Batu Kawan will have their first-ever public market in the area soon! Chief Minister Chow Kon Yeow, who is also the Batu Kawan MP, said the project which sits on a 7.69-acre land near Taman Crescentia is divided into two phases at an estimated cost of RM69 ... Read More

The Penang government is committed to realising the Penang South Islands (PSI) project after announcing new initiatives under the Social Impact Management Plan (SIMP) scheme and the introduction of the PSR Ecology Offset Master Plan (PEOM). The additional initiatives under the SIMP scheme include the announcement of 11 fishermen who are ... Read More

Malaysia’s property market sector will continue to recover although at a slower pace with Asia Pacific facing significant headwinds and an overcast global economy in 2023, said global property consultancy Knight Frank Malaysia. Group managing director Keith Ooi said introducing green incentives should be the key initiative to drive the ... Read More

About Sinaran Residences @ Utropolis The residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia Expressway, with walking access to Design Village outlet mall and UOW MALAYSIA KDU Penang University College. Driving to Penang International Airport will ... Read More

AEM, a global leader in test innovation, has officially expanded its operation in Penang with its new facility located in the Perai Industrial Zone. The first plant of AEM is located in Bayan Lepas. AEM chief executive officer Chandran Nair said the new plant comprises a 365,000sq ft area for ... Read More

The multi-award-winning property developer, Hunza Group, yesterday launched its 45th Anniversary logo and theme to celebrate the Group's four-and-a-half decades in the property industry since its founding in 1978. In conjunction with the celebratory occasion, a year-long lucky draw campaign was also announced alongside the launch of the Chinese New Year ... Read More