New national housing policy out earlier in September — minister
KUALA LUMPUR (July 24): A new national housing policy is scheduled to be unveiled three months earlier in September, says Housing and Local Government Minister Zuraida Kamaruddin.
Ideas: Malaysia needs to be ready for the property bubble to burst
KUALA LUMPUR (July 24): The Malaysian government needs to be ready for the nation's property bubble to burst and the risk that this could lead to an economic crisis, following spectacular growth in the high-end property segment, according to the Institute for Democracy and Economic Affairs (Ideas).
Daim's power over Pakatan grows to uneasy proportions
KUALA LUMPUR (July 24) — The Pakatan Harapan (PH) coalition and investors grow concerned about the influence of the informal Council of Eminent Persons (CEP), chaired by Tun Daim Zainuddin.
CCC-ECRL confirms staff lay-offs following suspension of ECRL project
KUALA LUMPUR (July 24): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has taken the necessary steps to rationalise its workforce in view of the finance ministry’s (MoF) instruction to suspend work on the 688km East Coast Rail Link (ECRL) project, according to its media statement yesterday.
ECRL contractor confirms staff layoffs
PETALING JAYA (July 23): China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) has confirmed that it is rationalising its staff count following the suspension of the East Coast Rail Link (ECRL), without stating the number of employees cut.
'Off River Storage' project status in question
MELAKA (July 23): The status of the RM300 million Off River Storage (ORS) project needs clarification by the state government, according to Syarikat Air Melaka Bhd (SAMB).
FT minister wants KL MPs to monitor contractors
KUALA LUMPUR (July 23): Kuala Lumpur’s lawmakers have been asked by Federal Territories Minister Khalid Abdul Samad to monitor contractors employed by the Kuala Lumpur City Hall (DBKL) for general cleaning, road sweeping, tree and grass cutting work in their constituencies, The Star reported today.
IJM Land to launch Suria Pantai affordable homes by year-end
PETALING JAYA (July 23): IJM Land Bhd will launch affordable housing project Suria Pantai, a part of its Pantai Sentral Park mixed-use development at Pantai Dalam in the fourth quarter of this year (4Q18) with units going for RM275,000.
ECRL good for east coast development, says Liow
Bentong (July 23): The East Coast Rail Link (ECRL) project is vital for the development of the east coast, said MCA president Datuk Seri Liow Tiong Lai, in urging the government to retain the project.
