The suspension of new construction approvals in the city and the requirement for all projects to comply with geotechnical reports is an “overkill”, said Dexter Koh, deputy president, Malaysian Institute of Architect.

Zhuhai CosMX Battery Co Ltd, a Chinese manufacturer of batteries, plans to build a manufacturing plant in Kedah involving investment of RM1 billion.

KIP Real Estate Investment Trust (KL:KIPREIT), which primarily invests in retail properties, has proposed to acquire another four industrial properties for a total purchase price of RM98.3 million.

Aspen Group has reversed into earnings of RM38.26 million for the financial year ended June 30, 2024 (FY2024), from a loss of RM195 million last year.

Mah Sing Group Bhd (KL:MAHSING) held a groundbreaking ceremony for Residensi Suria Madani and launched the M Aspira mixed-development project on Thursday. The projects have a combined gross development value of RM1.01 billion.

Despite the government's recent mandate for Building Information Modeling (BIM) in the construction sector, significant challenges remain, says an industry expert.

Tropicana Corp Bhd’s profit before tax (PBT) for Q22024 rose to RM76.1 million compared to RM1.8 million in the corresponding quarter last year.

As the challenges faced by the construction industry are more complex than ever, Master Builders Association Malaysia (MBAM) president Oliver Wee Hiang Chyn urges industry players to embrace the disruption of technology and advocate for sustainability.

India’s Eros Investments Ltd, along with its Immerso AI-IP division, is set to invest US$1 billion (RM4.33 billion) to establish an artificial intelligence (AI) park and film studio in Malaysia, according to a statement from Malaysia’s Ministry of Digital on Thursday.

KLCCP Stapled Group Bhd (KL: KLCC) said its second quarter net profit rose 5.67% to RM191.06 million from RM180.8 million a year ago, on the back of commendable performances from all businesses, especially the retail and hotel segments.