Rehda reminds developers to abide by SOPs issued by CIDB
“We understand that in working under the new normal, a lot of challenges will be encountered. Your patience and tolerance will be needed to weather this storm.”
“We understand that in working under the new normal, a lot of challenges will be encountered. Your patience and tolerance will be needed to weather this storm.”
Several state governments have issued their own orders. The effect is to prohibit certain activities that have been allowed under federal regulations (No 5).
In Penang, the state government and chief minister Chow Kon Yeow said they are “ready to be sued for protecting the lives of Penangites from Covid-19”.
In a statement, the central bank’s Monetary Policy Committee (MPC) said the ceiling and floor rates for the OPR have thus been reduced to 2.25% and 1.75% respectively.
There were 421 active cases in the capital city, the highest in Malaysia compared with Selangor (231), Sarawak (205) and Johor (183).
“The investigation is still at an early stage. We opened the file as soon as we received information on the contract, as well as through questions which were raised on social media.”
The Transport Ministry has given an assurance that the public transport service will remain reliable and safe to use during CMCO.
In a note today, HLIB analyst Andrew Lim Ken-Wern said that as the outbreak takes its toll on the broader economy, 2020 may record a dip in property transaction volume if developers do not maintain sufficient discounts to entice buyers.
The three areas impacted by the latest EMCO are Taman Wilayah and Taman Desa Bakti in Selayang; and Jalan Raja Bot where Chow Kit market is located.
Country View said the financing will be secured, among others, against an Open All Monies Facilities Agreement to be entered into between CVR and AmBank Islamic and CVR’s commercial and affordable residential properties in Pulai, Johor.