Fast, factual wire coverage from across Malaysia and the region.
Johor Menteri Besar Datuk Onn Hafiz Ghazi has announced a RM1.5 million allocation for Mersing's development, covering hospital upgrades, sports facilities, and infrastructure improvements aimed at spreading economic prosperity across the district.
Malaysia's Economy Ministry has projected RM58 billion in development expenditure for 2027, with 70 per cent dedicated to basic infrastructure. The proposal awaits Finance Ministry review ahead of Budget 2027 presentation in October.
Malaysia's East Coast Rail Link is projected to contribute RM80 to RM90 billion to the nation's GDP by 2047, driven by 21 Economic Accelerator Projects designed to unlock economic potential across the east coast corridor.
Malaysian listed companies are advancing expansion plans through substantial investments and lucrative contracts. Berjaya Property invests in Perlis port development, while Liftech secures aerospace work in Selangor.
The Sultan of Perak has officially inaugurated the Sultan Nazrin Shah 69 Commando Camp in Ulu Kinta, a RM206 million facility built on 338 hectares designed to enhance the elite unit's operational readiness and training.
Hong Leong Investment Bank projects Malaysia's power sector will benefit from sustained capital investment over multiple years, with particular advantages for listed utilities with grid exposure.