Tag: asset management
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Facility Management vs Asset Management: 2025 Guide & Analysis
In the discussion of Facility Management vs Asset Management, both are related but very distinct. Asset management focuses on optimising the lifecycle and value of individual assets, while facilities management oversees the entire physical environment and its operations. Integrating both improves efficiency, reduces costs, and extends asset lifespans. Conventionally, organisations often treat asset management and…
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Facilities management in Malaysia in 2025
In Malaysia, facilities management (FM) and asset management concepts are relatively new. The industry started being noticed and recognised by Jabatan Kerja Raya (JKR) in the 1990s. As a result of a handful of passionate people from academic and industry working very hard behind the scenes getting the recognition needed for the industry. It’s the…