PETALING JAYA (March 8): MB World Group Bhd’s (MBWG) maiden township development, Taman Sri Penawar in Bandar Penawar, Kota Tinggi in Johor, will be officially launched this Saturday (March 11). With an estimated gross development value (GDV) of RM1.9 billion, Taman Sri Penawar spans 470 acres of land with 3,300 residential units and 380 commercial units planned, the developer said in a statement today.
Read moreKUALA LUMPUR: Malaysia holds strong prospects for foreign direct investments (FDI), thanks to mega infrastructure plans like the High-Speed Rail, East Coast Rail Link, and China’s One Belt One Road initiative.
Read moreKUALA LUMPUR, March 6 — Deliberate efforts taken by the government under its Economic Transformation Programme (ETP) have reduced reliance on petroleum-related income to 14 per cent today from up to 41 per cent in 2009, says Prime Minister Datuk Seri Najib Razak.
Read moreThe historic four-day state visit last week by Saudi Arabia’s King Salman Abdulaziz Al-Saud to Malaysia — his maiden visit to the country — the first destination of a five-nation Asian tour, could have far-reaching implications for the future of Saudi-Malaysian relations. But, with an important caveat — that of follow-up and sustainability.
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