Pahang secures RM421 million in investment commitments at SIBS 2026
The state wants the commitments to become physical projects and says it will ease investment procedures without compromising regulatory requirements.
Investment & Expansion
Foreign and domestic investment, new plants, expansion plans and funding.
Ormond Group starts work on 396-key Desaru resort
Scheduled to open in 4Q2029, the beachfront property will target young families and the middle segment of Desaru Coast’s hotel market.
Malaysia seeks global TVET council with China as permanent host
Ahmad Zahid Hamidi says China has agreed in principle to the proposal, which could widen cooperation between Malaysian and Chinese training institutions.
PKNS FMI ties up with Selangor Advance to widen contractor funding options
The SA500 collaboration aims to offer digital financing alternatives that support cash flow and project delivery.
EGH International focuses expansion on Sarawak and Sabah
Its subsidiary signed a memorandum of understanding with Karuna Venture Holdings Sdn Bhd on Oct 15 to explore projects in Sarawak.
Segamat secures approvals for 19 projects worth RM279.1 million
The approved projects have the potential to create 680 jobs, with some already operating and others still being implemented.
Astaka Padu, Kimlun plan RM450 million serviced residences in Johor Bahru
The 617-unit Amora Serviced Residence in Tampoi is expected to launch by the end of 2026, with indicative prices from RM600,000.
Government to examine foreign business entry enforcement to safeguard MSMEs
A proposed working group involving two ministries will study the matter as the government considers measures addressing digital trade competition.
Data centre investors to fund electricity transmission upgrades
Operators will also be charged for allocated power capacity they do not use, while each data centre must meet a 30% local content requirement.
Selangor manufacturing project implementation nears 88 per cent
Selangor also topped state investment approvals in the first half of 2026 with RM70 billion.
