News about AI

KUALA LUMPUR (July 8): The Ministry of Housing and Local Government (KPKT) has not received any report about the the construction of Federal Territory Houses (Rumawip) being halted, Bernama reported yesterday.

The United Nations Human Settlements Programme or UN-Habitat executive director, Maimunah Mohd Sharif’s passion for bringing change to people’s lives certainly shines through.

KUALA LUMPUR (July 7): News that the Housing and Local Government Ministry is in talks with Bank Negara Malaysia to draw out the guidelines for a more relaxed loan scheme for some homebuyers may raise hopes of better earnings for the property firms.

KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.

KUALA LUMPUR (July 7): The curtain has gone up for Yong Tai’s live performance, Encore Melaka (pictured), and the Melaka-based tourism-themed developer has high hopes for it.

KUALA LUMPUR (July 6): The Housing and Local Government Ministry (KPKT) will initiate an investigation into the business activities, dealings and performance of the 1Malaysia People’s Housing Programme’s (PR1MA), minister Zuraida Kamaruddin (pictured) told a publication today.

Yong Tai Bhd  Frankie Tan  Yong Tai Bhd general manager of sales “In my opinion, with the change in government in the country, it will take a while for the new government to settle down and formulate new policies.

Eastern and Oriental Bhd Wayne Wong Eastern and Oriental Bhd (E&O) senior general manager group marketing and sales   “We expect the cautious optimism of the property market in Malaysia to continue as market players adjust to the new operating environment.

KUALA LUMPUR (July 6): Sime Darby Property Bhd said it sold as much as 90% of its new launches within one week, suggesting resilient demand for both its residential and commercial products despite the soft property market.

Construction sector Maintain underweight: According to The Edge Markets, East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRL) has ordered its main contractor, China Communications Construction Co Ltd (CCCC), to immediately suspend all ongoing works relating to the engineering, procurement, construction and commissioning scope of the ECRL.