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Feb
14
In The News

Week 8 - 2026

MALAYSIA’S ECONOMY BEATS FORECASTS ON STRONG DOMESTIC DEMAND AS 4Q25 GDP SURGES 6.3%

The Edge, 14/02/2026

Malaysia’s economy grew 6.3% in 4Q25 supported by strong domestic demand.

The Department of Statistics Malaysia had put advance estimates for the quarter at 5.7%. Full-year growth hit 5.2%, above the 4%-4.8% forecast. This marks the highest growth since 2022, when the economy grew 9%.

Household spending rose on the back of a healthy job market and income support measures in 4Q25. Investment increased, particularly in machinery and equipment such as data centres, alongside ongoing public and private projects. Exports were boosted by electrical and electronics (E&E) goods, while tourism and information and communications technology (ICT) services supported the current account surplus. While imports remained firm due to demand for intermediate and capital goods. On the supply side, growth was led by services and manufacturing. Services expanded due to stronger consumer activities, government services and ICT, while manufacturing was supported by higher E&E and consumer goods production. Agriculture also improved, helped by better palm oil output as floods were less severe.

In 4Q25, headline inflation stayed at 1.3% and core inflation rose to 2.3%, driven by higher prices for items like jewellery and watches. Lower electricity and petrol prices, aided by subsidies, helped offset some of the increase. Overall, for 2025, headline inflation averaged 1.4% and core inflation 2%, both lower than 2024.

 

 

MALAYSIA’S HEADLINE INFLATION STEADY AT 1.6% IN JANUARY 2026, LIFTED BY PERSONAL CARE AND EDUCATION COSTS — DOSM

The Edge, 19/02/2026 & NST, 20/02/2026

Malaysia’s headline inflation held steady in January 2026, supported mainly by higher prices for personal care items and education-related costs. The consumer price index (CPI) — the country’s main gauge of inflation — rose 1.6% in January from a year earlier. The index points increased to 135.7 in January from 133.6 in the same month of the previous year. 

At the state level, three states recorded inflation rates above the national average of 1.6% — Johor (2.1%), Negeri Sembilan (2.0%) and Pahang (1.9%). The remaining 13 states registered increases at or below the national rate, with Kelantan posting the lowest inflation at 0.3% in January.

 

 

AZRB LANDS CAMERON HIGHLANDS BYPASS PROJECT WORTH RM430 MILLION

The Edge, 14/02/2026

Ahmad Zaki Resources Bhd has secured a contract worth RM430.06 million in Cameron Highlands involving the construction of a bypass and the upgrading of federal roads, awarded by the Public Works Department. The project covers the construction of the Tanah Rata bypass, the upgrading of Federal Route FT59 from Tanah Rata to Kea Farm and the upgrading of Federal Route FT434 (Jalan Griddle). The 42-month contract will start on Feb 16.

 

 

BERJAYA LAND TO BE RENAMED BERJAYA PROPERTY

The Edge & The Sun, 14/02/2026

Berjaya Land Bhd is all set to have a new name: Berjaya Property Bhd. The company stated that the change “reflects the Group’s strategic evolution and more accurately represents its core business focus, asset-led strategy and long-term value proposition”. The new name underscores the company’s focus on “long-life assets, recurring income streams and disciplined asset management”.

 

 

JOHAN HOLDINGS’ UNIT TO SELL LUMUT HOTEL AND ADJOINING LAND FOR RM 47.4 MILLION

The Edge, 16/02/2026

Johan Holdings Bhd is selling a hotel in Lumut, Perak, and three adjoining parcels of land for RM47.43 million in cash. Lumut Park Resort Sdn Bhd, 80%-owned by Johan Holdings, inked a conditional sale and purchase agreement with Golden Peak Hospitality & Consultancy Sdn Bhd (GPHC) and Bujang Holdings Sdn Bhd for the deal. The properties under the deal include a 150-room hotel, the Orient Star Lumut, and three parcels of land measuring a combined 6.69 acres.

The hotel was sold at RM32.96 million, while the 1.69-acre parcel was sold at RM5.11 million. Meanwhile, the 3.22-acre parcel was sold at RM6.23 million, while the 1.77-acre parcel was sold at RM3.13 million. The sale is expected to be completed in the third quarter of 2026.

 

 

RADIUM COMPLETES RM45 MILLION AMPANG LAND ACQUISITION

Edgeprop.my, 19/02/2026

Radium Development Bhd has completed its proposed acquisition of a leasehold parcel in Bandar Ampang, Selangor, for RM45 million. The sale and purchase agreement for the land—held under PN110508, Lot No. 62019, Seksyen 15, Bandar Ampang, Daerah Ulu Langat—became unconditional on July 23, 2025. The acquisition was undertaken by Mayang Sepakat Sdn Bhd, an indirect subsidiary of Radium. Vacant possession of the land was delivered on Jan 31, 2026.

 

 

TWO NEW PRIVATE HOSPITALS TO BOOST MELAKA’S MEDICAL TOURISM SECTOR — CM

The Edge, 14/02/2026

Putra Specialist Hospital 2 and Brain and Spine Hospital, with a combined construction cost of RM678 million, are scheduled to be built on a 9.99-hectare site in Ayer Keroh.  The two hospitals to be built in the area known as Kota Kesihatan (Health City) are expected to be ready by 2029. The two new private hospitals will bring Melaka’s total private hospitals to six.

 

 

FBG BAGS RM238 MILLION CONTRACT TO BUILD 25-STOREY HOTEL AT JB'S MID VALLEY SOUTHKEY

The Edge, 19/02/2026 & The Star, 20/02/2026

FBG Holdings Bhd has secured a RM238.1 million contract for the main building works of a 25-storey hotel above the existing The Mall, Mid Valley Southkey in Johor Bahru. The contract was awarded to its wholly owned subsidiary FBG Builder Sdn Bhd by MVS Southpoint Hotel Sdn Bhd. The Tower 6 building would contain 375 rooms. FBG will also build the associated facilities for the property, which is owned by IGB Bhd. This project is scheduled to commence on March 1, 2026 and expected to be completed by June 30, 2028.

 

 

GDB ENTERS SARAWAK PROPERTY MARKET WITH RM32.72 MILLION LAND PURCHASE

The Edge, 14/02/2026

GDB Holdings Bhd is acquiring three parcels of leasehold land in Kuching, Sarawak for RM32.72 million, marking its expansion into property development there. Its wholly-owned GDB Development Sdn Bhd has signed three separate sale and purchase agreements with Mighty Metaverse Sdn Bhd, Borneo 1 Stop Business Services Sdn Bhd and Sport Pavillion Sendirian Bhd.

The parcels comprise two plots totalling 1.17 hectares in the Kuching Central district, and 1.021 hectares in the Muara Tebas district. All three parcels are leasehold lands, with 60 years remaining on their lease tenures. The group is planning to build a phased mixed-use development on the plots, comprising serviced apartments, small office/home office units, retail components and anchor tenants, supported by facilities and car parks.