Najib says Malaysia will not get back RM10bil from ECRL cancellation
PETALING JAYA (Oct 23): Former Prime Minister Datuk Seri Najib Razak has refuted Finance Minister Lim Guan Eng's claim that Malaysia will get back RM10.
Solar power producers to enjoy better rebates from TNB next year
KUALA LUMPUR (Oct 23): Members of the public who generate solar energy for personal use will soon get rebates from Tenaga Nasional Bhd (TNB) at the same consumption tariff under the revised net energy metering (NEM) programme.
Govt can claim back RM10b advance paid if ECRL spiked
KUALA LUMPUR (Oct 23): The Malaysian government could claim back RM10.
Emkay's cross-subsidy affordable housing idea a 'private sector perspective', says minister
KUALA LUMPUR (Oct 22): The suggestion by Emkay Group executive chairman Tan Sri Mustapha Kamal Abu Bakar to sell affordable houses in Kuala Lumpur through a cross-subsidy method is a "perspective of the private sector", said Housing and Local Government Minister Zuraida Kamaruddin.
Waytha to propose 10% contract quota for Indians
KUALA LUMPUR (Oct 22): Minister in Prime Minister's Department (Unity) Senator P Waytha Moorthy (pictured) said he will propose to the Cabinet that 10% of government contracts be reserved for Indians, reported the Malay Mail today.
Hishamuddin confirms reaching out to Chinese officials to track Jho Low
KUALA LUMPUR (Oct 22): Former special functions minister Datuk Seri Hishammuddin Tun Hussein (pictured) confirmed today that he is reaching out to "friends from the past" among Chinese officials to track down the alleged 1MDB fiasco mastermind, businessman Low Taek Jho or Jho Low.
New Zealand ban on foreign buyers kicks in
KUALA LUMPUR (Oct 22): The bulk of foreigners will not be allowed to buy homes (unless they are newly built apartments) in the rugby mad country starting from today.
Hong Kong property tycoon Walter Kwok dies, say reports
KUALA LUMPUR (Oct 22): Walter Kwok (pictured), the former chairman of Hong Kong developer Sun Hung Kai Properties Ltd, died early Saturday at the age of 68, said statements from his family and the property company, reported Bloomberg.
Economic inequality hinders Malaysia’s high-income aspirations
KUALA LUMPUR (Oct 22): Although Malaysia aims to achieve high-income nation status by 2024 — the previous target was 2020 — Putrajaya appears cognisant of the need to address the yawning income gap between the B40 (bottom 40%) households and middle- and high-income households for social stability, since a sizeable 2.
