The continued monetary policy stance is unlike other countries in the region, which have started to cut rates in recent weeks, noted London-based economic research firm Capital Economics.
Bank Negara Malaysia: "At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects.
Malaysia is becoming a major data centre hub in Southeast Asia, attracting significant investments from global tech giants.
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SD Guthrie said the park will be developed on 641 acres of land in its estate in Kulai as a hub for high-value industries such as logistics, advanced manufacturing and clean technologies.
“REHDA agrees that introducing such measures can cause a collapse to the housing industry, which will also impact 180 upstream and downstream industries within the ecosystem, and eventually affecting the economy as well.
Town planners should consider a holistic approach to urban redevelopment, balancing historical preservation with modern amenities.
Climate change poses a significant threat to cities worldwide, with experts warning of increased risks from sea-level rise, flooding, heatwaves, and air pollution.
The company said it is buying the property, which includes a semi-detached factory and a three-storey office building, from a scrap metal trading firm, Sri Pushpam Recycling Sdn Bhd, for RM11 million.
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