Latest news with #RM450
Borneo Post
2 days ago
- Business
- Borneo Post
Miri Marina Bridge to become city's new icon, game changer, says Mayor
Adam Yii MIRI (July 28): The upcoming Miri Marina Bridge is poised to become a new landmark and tourist attraction for the city upon its completion, said Miri Mayor Adam Yii. Speaking on the RM450 million project, Yii expressed his excitement and appreciation, noting that the cable-stayed bridge will not only shorten travel times but also serve as an iconic structure symbolising Miri's progress. 'I'm very happy, and the people of Miri are as well. Not only will this bridge be iconic and beautiful, but it will shorten the journey from Miri town centre to Pulau Melayu,' Yii said. The bridge will connect Kampung Pulau Melayu to Marina Bay and the Commercial Centre, completing the coastal road link to the Brunei border at Sungai Tujuh. Once completed, the bridge is expected to slash travel time between Pulau Melayu and the Marina area from 30 minutes to just five, while offering scenic views of the South China Sea and the surrounding Canada and Lambir hills. Yii, also the Pujut assemblyman, said the project offers both practical and tourism value, with the potential to become a key tourist draw akin to Kuching's iconic Darul Hana Bridge. 'The iconic bridge will definitely be a new tourist attraction for Miri,' he added. Yii also thanked Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg for his leadership and vision in initiating the project. 'I would like to thank our Premier Abang Johari for this project. This shows that our Premier always has the needs of the people in his heart,' said Yii. He also highlighted that the project aligns with the Sarawak government's long-term commitment to balanced development across the state and reflects Miri's aspiration to become a vibrant coastal city with modern infrastructure and sustainable tourism. 'The bridge will not only improve daily commutes for residents but also stimulate development in the connected areas and neighbouring communities,' he said, adding that its presence would enhance the overall liveability and appeal of Miri. Premier Abang Johari had earlier referred to the Miri Marina Bridge as a 'game changer' and envisioned it as a defining element of the city's skyline, likening its potential impact to that of the 'San Francisco of Sarawak.' adam yii lead Miri Marina Bridge tourist attraction
The Sun
3 days ago
- Business
- The Sun
12 Madani recreational parks in Ipoh set for July completion
IPOH: The construction of 12 Madani Recreational Parks (TRM) in Ipoh, backed by an allocation of RM5.4 million, is on track for completion by the end of July. Housing and Local Government Minister Nga Kor Ming confirmed the progress, highlighting the government's dedication to improving public recreational facilities. Each park received RM450,000 in funding, with the Canning Madani Recreational Park already operational. Nga emphasised the ministry's broader vision of establishing 1,000 parks nationwide, aligning with the Madani economic framework's goals of sustainability and community well-being. 'The Madani government is committed to fostering a sustainable, competitive, and prosperous nation. Quality public spaces are vital for the people's welfare,' he said during the launch of the Canning TRM and a CSR initiative by Ipoh City Council (MBI) and Kuala Lumpur Kepong Bhd (KLK). A memorandum of understanding between MBI and KLK formalised a two-year partnership to maintain seven TRMs, including Woodland Park 1 and 2 Tambun, Bandar Baru Putra, and First Garden. KLK will conduct biweekly upkeep, such as fertilising and grass cutting. Nga urged more corporations to support similar initiatives, reinforcing Ipoh's vision for a greener, cleaner city. – Bernama
The Star
3 days ago
- Business
- The Star
Ipoh to have 12 new Madani recreational parks by end July, says Nga
IPOH: The development of 12 Madani Recreational Parks here, costing RM5.4mil is expected to be fully completed by the end of July, as part of the government's commitment to providing conducive recreational spaces for the public, says Nga Kor Ming. The Housing and Local Government Minister stated that the parks were implemented by the Ipoh City Council (MBI) following the allocation received from the ministry. He said each park was developed at a cost of RM450,000, with the Canning Madani Recreational Park among those completed in the city. "Under the ministry, we have a vision of 1,000 parks, comprising 1,000 community parks and open spaces in residential areas, to allow local communities to enjoy greener, more beautiful and cleaner public parks in line with the Madani economic framework. "In line with the Madani government's aspirations, we aim to build a nation that is sustainable, competitive, innovative and prosperous. The people's well-being is our priority," he said. Nga said this at a press conference after officiating the Canning Madani Recreational Park and launching the Ipoh City Council (MBI)-Kuala Lumpur Kepong Bhd (KLK) Corporate Social Responsibility (CSR) programme here on Sunday (July 27). Earlier, a memorandum of understanding (MoU) was signed between KLK and MBI to collaborate in maintaining seven such parks around Ipoh for two years. Nga said KLK's teams would visit the parks every two weeks to carry out fertilising, pesticide application, grass cutting and other maintenance work. "The seven parks that will be maintained by KLK are Woodland Park 1 Tambun, Woodland Park 2 Tambun, Canning, Bandar Baru Putra, Westpool Park, Pengkalan Barat and First Garden. This is an initial step. "This collaboration is a good initiative, and I hope more major companies will come forward to contribute their energy and service in building a clean, green, prosperous, peaceful and harmonious Ipoh," he said. - Bernama
Barnama
3 days ago
- Business
- Barnama
12 MADANI Recreational Parks In Ipoh To Be Completed By End Of July
IPOH, July 27 (Bernama) -- The development of 12 MADANI Recreational Parks (TRM) around Ipoh, involving an allocation of RM5.4 million, is expected to be fully completed by the end of July, demonstrating the government's commitment to providing conducive recreational spaces for the public. Housing and Local Government Minister Nga Kor Ming said the TRM projects were implemented by the Ipoh City Council (MBI) after receiving the allocation from the ministry. He said each park was developed at a cost of RM450,000, with the Canning MADANI Recreational Park among those completed in the city. 'Under the ministry, we have a vision of 1,000 parks, comprising 1,000 community parks and open spaces in residential areas, to allow local communities to enjoy greener, more beautiful and cleaner public parks in line with the MADANI economic framework. 'In line with the MADANI government's aspirations, we aim to build a nation that is sustainable, competitive, innovative and prosperous. The people's well-being is our priority,' he said. Nga said this at a press conference after officiating the Canning MADANI Recreational Park and launching the Ipoh City Council (MBI)–Kuala Lumpur Kepong Bhd (KLK) Corporate Social Responsibility (CSR) programme here today. Earlier, a memorandum of understanding (MoU) was signed between KLK and MBI to collaborate in maintaining seven TRMs around Ipoh for two years. Nga said KLK's teams would visit the parks every two weeks to carry out fertilising, pesticide application, grass cutting and other maintenance work. 'The seven TRMs that will be maintained by KLK are Woodland Park 1 Tambun, Woodland Park 2 Tambun, Canning, Bandar Baru Putra, Westpool Park, Pengkalan Barat and First Garden. This is an initial step.
The Star
3 days ago
- Business
- The Star
Bursa Malaysia records RM1.9 trillion in IPOs for 1H25
Bursa Malaysia chief executive officer Datuk Fad'l Mohamed KAMPAR: Bursa Malaysia has maintained its lead position in initial public offering (IPO) activities in Southeast Asia, recording a market value exceeding RM1.9 trillion in the first half of 2025. Bursa Malaysia chief executive officer Datuk Fad'l Mohamed said this achievement reflects the strength of the country's capital market and also the business community's confidence in Bursa Malaysia as a partner for long-term growth. "Retail investors' participation remains strong and continues to be a major contributor to the country's equity market. The average daily trading value (ADV) of retail investors remains stable at about RM450 million, in line with pre-COVID-19 levels, as of the middle of this year,' he said in his speech at the 2025 Perak Stock Carnival at Tunku Abdul Rahman University (UTAR) here today. Fad'l added that there are more than 113,000, or eight per cent of active retail investors in Perak, out of a total of 1.4 million in Malaysia, with nearly 6,000 new Central Depository System (CDS) accounts opened as of the middle of this year. He said Perak's potential for further growth in the capital market is very high with its 2.5 million population. "However, despite these impressive figures, our priority is to build retail investors who are knowledgeable, responsible and confident about their investments,' he said. Bursa Malaysia also emphasised the need to raise awareness about the growing issue of investment fraud, with the police reporting more than 2,000 cases in the first quarter of this year, he said. The exchange is intensifying financial literacy programmes such as Sens-Ability, and providing various educational materials for new and experienced investors as a preventive measure, he said. "Bursa Malaysia also introduced investment products like BR Capital, Bursa Gold Dinar, and MyBursa to cater to various investor segments. "We encourage everyone present to leverage the knowledge-sharing sessions and opportunities provided throughout this carnival to make informed and wise investment decisions,' he added. The carnival, held for the first time in Perak, is part of a series of programmes that started in 2022, after previous events in Pahang, Terengganu and Perlis to strengthen investment literacy among the public. Perak's Tourism, Industry, Investment, and Corridor Development committee chairman Loh Sze Yee and UTAR research and commercialisation division vice-president Prof Dr Zuraidah Abd Manaf were also present at the event. - Bernama
