Eastern & Oriental Bhd (E&O) reported a 105.6% year-on-year increase in net profit attributable to owners of the parent to RM63.51 million for the third quarter ended Dec 31, 2025 (3QFY2026), compared with RM30.90 million a year earlier. Revenue for the quarter rose 45.4% to RM243.92 million, from RM167.74 million ... Read More

The newly completed Lengkok Nipah Neighbourhood Park in Taman Lip Sin, Bayan Lepas could serve as a model for climate-responsive and senior-friendly urban parks in Penang and across Malaysia, according to state executive councillor for Infrastructure, Transport and Digital, Zairil Khir Johari. Speaking at the park’s official opening on Sunday, Zairil said ... Read More

A recent fire at a homestay in Batu Ferringhi that left eight guests injured has reignited concerns over the safety and regulation of short-term rentals (STR) in Penang, prompting industry players to urge the government to expedite clearer rules for the sector. The early morning incident occurred on March 1 ... Read More

Development of the Penang International Logistics Aeropark (PILA) at Penang International Airport has commenced in the first quarter of 2026, marking a key step in strengthening the state’s role in regional air cargo logistics. During a Q&A session in the Dewan Negara yesterday, Deputy Transport Minister Hasbi Habibollah said the project ... Read More

Penang Chief Minister Chow Kon Yeow has clarified that the revised land tax (quit rent) rates are calculated using a formula based on four factors: whether the land is classified as urban or rural, its size, its current use and the applicable tax rate. Speaking at a press conference in ... Read More

The northern region property market recorded a moderate performance in 2025, with mixed signals across the four states of Penang, Perak, Kedah and Perlis. According to the Northern Region Property Market Report 2025 by the Valuation and Property Services Department (JPPH), the region registered 104,689 transactions worth RM37.36 billion. While ... Read More

The Penang Island City Council (MBPP) will begin towing illegally parked vehicles along Jalan Residensi after 5pm daily, following worsening congestion caused by vehicles parked on both sides of the road. Penang Island mayor Datuk Rajendran Anthony said the enforcement will focus on the stretch between the junction of Jalan ... Read More

Eastern & Oriental Bhd (E&O) is stepping up its project pipeline, driven by new waterfront developments in Penang and continued township expansion at Andaman Island, as it advances the long-term master plan for the reclaimed island. Managing director Kok Tuck Cheong said the group's next launch will focus on a ... Read More

Hunza Properties Berhad successfully hosted the PICC CNY Open House - “Treasure Hunt”, transforming the PICC Sales Gallery into one of Penang’s liveliest Chinese New Year destinations. Over the course of 2 full days (21–22 February, 11AM–10PM), the event attracted overwhelming crowds, with families, young professionals, tourists, and festive enthusiasts ... Read More

Infrastructure works at the 880-acre Penang Technology Park @ Bertam have reached a key milestone, with Phase 1 completed and Phase 2 now 85% finished as at February. The entire infrastructure rollout is on track for completion by June. Positioned as a strategic development in Seberang Perai Utara, the industrial ... Read More