News by Bernama

Slated for completion in 10 years, Medi-Tech City is earmarked to be an integrated, sustainable and hi-technology medical city and business hub in Penang, which is already occupied by more than 300 multinational companies.

Minister Datuk Seri Mahdzir Khalid said of the total, 1,879 applications were for repair and the rest for rebuilding process with the estimated cost so far amounting to more than RM38.52 million.

Its chairman Datuk Dr Fathul Bari Mat Jahya said this was important especially after seeing about 30,000 houses affected in the floods that hit several States recently.

Fadillah said among the biggest challenges in the entry of foreign workers were compliance to the Standard Operating Procedures and also the Employees’ Minimum Standards of Housing, Accommodations and Amenities Act 1990 (Act 446) whereby construction companies should provide housing and accommodation

Knight Frank Johor branch director Debbie Choy said it is exciting to see emerging alternative asset classes such as data centres and workers’ dormitories entering the Johor Bahru market, namely GDS Holdings, Bridge Data Centres, and Wiwynn Corporation.

Association of Private Hospitals Malaysia president Datuk Dr Kuljit Singh said Malaysia’s success in the fight against Covid-19 was due to the involvement and quick collaboration between public, private and armed forces military healthcare.

"The stage 1 contra flow will be activated in the northbound direction on Wednesday and Thursday (Jan 12-13), from 10pm to 6am,” West Coast Expressway (WCE) operator West Coast Expressway Sdn Bhd (WCESB) said in a statemnet on Monday (Jan 10). 

In its MY Credit Outlook 2022 — Chartbook and Views report, it said credit fundamentals remained stable for most independent power producers (IPPs) on the back of timely payments from off-takers and healthy operating performance.

This was announced by Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican and Rural Development Minister Datuk Seri Mahdzir Khalid at a joint press conference in Putrajaya on Monday (Jan 10).

He said 10 of the 21 projects approved are development projects under the Royal Malaysia Police (PDRM), while the other 11 are under other agencies of the ministry.