Works Ministry awards RM848m contracts for roads, bridges in five states
These projects in Selangor, Pahang, Kelantan, Kedah and Negeri Sembilan have completion dates between February and August 2028.
Electricity tariff adjustment won’t burden majority, says PM
The government will not allow increases in electricity tariffs that would burden the majority of the public, said Prime Minister Datuk Seri Anwar Ibrahim.
Base electricity tariff adjustment reflects higher fuel costs, won't burden vulnerable groups, says Tenaga
The proposed adjustment in Peninsular Malaysia’s base electricity tariff under the Regulatory Period 2025-2027 (RP4) is mainly a “rebasing exercise” to reflect higher fuel costs assumption, said Tenaga Nasional Bhd (KL:TENAGA).
Five of 12 pending River of Life projects scrapped, says minister
The government has cancelled five of 12 outstanding 'River of Life' projects following a review, as they are deemed "less significant" towards achieving the programme’s objectives, said Minister at the Prime Minister’s Department (Federal Territories) Zaliha Mustafa.
SimeProp earnings profile to leap by 2027 with data-centre push, analysts say
RHB Research said it expects SimeProp's two data-centre projects, both for Pearl Computing Malaysia, to bring RM380 million in rental income per year, translating to RM170 million to RM180 million in annual net profit.
IJM-led consortium explains variation in BKIP2 proposal following Penang state snub
The consortium came out to explain the variation of its proposal compared to certain requirements underlined by the state in its request for proposal were "best explained and clarified in a face-to-face meeting".
Sime Darby Property inks data-centre lease agreement worth up to RM5.6b
Sime Darby Property Bhd (KL:SIMEPROP) said it has signed an agreement for a 20-year lease of data-centre facilities to Pearl Computing Malaysia Sdn Bhd for up to RM5.6 billion, beginning as early as 2027.
Additional rooftop solar quota for M'sian businesses, households
The government has increased the rooftop solar capacity by another 300MW for the commercial and industrial segment, and by 50MW for households.
IOI Properties turns down offer to buy Shenton House from CEO but will manage its redevelopment
IOI Properties Group Bhd (KL:IOIPG) has declined the offer to purchase Singapore commercial property Shenton House from its chief executive officer and major shareholder Lee Yeow Seng.
Widad’s largest shareholder appoints Industronics to manage Langkawi golf course, hotel development
Industronics Bhd said it has been appointed as the project management company to develop a hotel and golf course on a 155-acre parcel of land in Langkawi.
