Noteworthy:
When: October 2024
The government has removed the 85% demand capacity cap for non-domestic users under its self-consumption (SelCo) programme, and to allow the installation of solar panels on the ground and over bodies of water.
Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.
NEM Rakyat will be increased by 150 megawatts (MW) to 600MW, while NEM Nova will be increased by 300MW to 1,700MW.
A sale-and-purchase agreement for the land, the site of the former Royal Malaysian Air Force base on Jalan Sungai Besi, Kuala Lumpur, was signed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd on Oct 4.
A total of 12 fraud cases involving home contractors, with claims amounting to RM237,794, have been recorded in Melaka from Jan 1 to today, compared to 16 cases with claims totalling over RM445,000 last year.
Grant Thornton highlighted the group’s and the company’s net losses of RM12.79 million and RM17.12 million, respectively, in the audited financial statements for the financial year ended Aug 31, 2024.
In line with his resignation, Nan Yang will also vacate his role as an alternate director to MFCB’s executive chairman, Goh Nan Kioh, who is his brother.
Kedah-based Imperio Group has signed an agreement with Accor Group to open an ibis Styles hotel at its upcoming The Tenz integrated development in Alor Setar, Kedah. The hotel will be the first international hotel in the city.
The Johor-Singapore Special Economic Zone (JS-SEZ) is set to be signed in Jan 2025. This bold initiative has sparked renewed optimism in Johor’s property market, fostering cross-border economic opportunities.
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